ACEN Completes World’s First ETM Transaction, Retiring Out Coal Plant Updated On Wed, Nov 9th, 2022 by Saurenergy ACEN, the energy platform of the Ayala Group, has disclosed the full divestment of the South Luzon Thermal Energy Corporation (SLTEC) coal plant using the energy transition mechanism (ETM), the first ETM deal in the world. The official statement by ACEN informs that the landmark transaction will enable the early retirement of the 246-MW coal […] Read more
Indo-Russia Talks Open Doors to Energy Cooperation, Hydrocarbon Production Updated On Wed, Nov 9th, 2022 by Saurenergy India’s Minister of External Affairs S. Jaishankar held talks with Russian counterpart Sergey Lavrov in Moscow about cooperation in several areas, including energy. In furtherance of the discussions held. India and Russia will explore energy-related projects in the Arctic shelf and the Russian Far East. “We are seeing growing concerns on energy and food security […] Read more
Masdar, Infinity Joint Venture Powers COP 27 with Green Energy Updated On Tue, Nov 8th, 2022 by Saurenergy There couldn’t have been a better occasion and a symbol for Masdar than to offer green energy coming from renewable sources for COP-27 under UNFCCC. A joint venture between UAE’s flagship RE company and Egypt’s Infinity called – Infinity Power Holding – announced that the solar PV plant it has developed in Sharm El-Sheikh is […] Read more
Talesun Solar, Artsolar Set Off Operation of 325 MW Solar Facility in South Africa Updated On Mon, Nov 7th, 2022 by Saurenergy Germany manufacturer of photovoltaic modules Talesun Solar has announced that it has put the 325MW solar power PV module facility into operation in South Africa. The solar power project has been jointly built by Talesun Solar and ARTsolar. ARTsolar claims to be South Africa’s only locally-owned solar panel manufacturer that specialises in the manufacture of […] Read more
Former Tesla Policy Director, India Joins E-Scooter Startup Ather Energy Updated On Mon, Nov 7th, 2022 by Saurenergy Bengaluru-headquartered electric scooters’manufacturer, Ather Energy recently announced that it has hired the former head of Tesla Inc.’s India policy division. Manuj Khurana left his position as Tesla’s Regional Head of Policy and Business Development in June 2022 and will begin working at Ather Energy the following week as Vice President. In March 2021, Khurana began […] Read more
MENAP, CCA Regions Need Cumulative Investment of $884 Bn to Meet Emission-Curbing Goals Updated On Mon, Nov 7th, 2022 by Saurenergy A new study by the International Monetary Fund (IMF) has revealed that renewable energy expansion in the Middle East and Central Asian regions will require an investment that would equal one-fifth of their current GDP of the countries that fall in the regions. The IMF study has been conducted by Middle East and Central Asia […] Read more
Energy Transition Lead Updated On Fri, Nov 4th, 2022 by Saurenergy The role is expected to include a significant level of project services including studies, project and programme management, concept design, FEED, detailed engineering design and asset management. The remit will include cross sector projects as well as those solely within the energy sector, noting that Hydrogen and CCUS offers a clear route to achieving net-zero […] Read more
IEX Power Market Update For October- Prices Continue To Drop Updated On Fri, Nov 4th, 2022 by Saurenergy The Indian Energy Exchange, India’s premier energy exchange, achieved 7972 MU volume in October 2022, including Green Power trade of 403 MU, and 3.58 lac RECs (equivalent to 358 MU). The total volume on the Exchange in October’22 was lower by 13% on YoY basis due to high volume base of last year, and lower […] Read more
Set up By Adani New Enterprises, Gujarat is the Site for India’s Tallest Wind Turbine Updated On Fri, Nov 4th, 2022 by Saurenergy As part of its expansion aspirations for renewable energy, Adani New Industries Ltd has built India’s tallest wind turbine in Mundra, Gujarat that is taller than the Statue of Unity and has blades that are wider than the wingspan of a jumbo airplane. According to a corporate statement, “Adani New Industries Limited (ANIL) recently announced […] Read more
