BP Acquires 9 GW Solar Portfolio in the U.S. Updated On Wed, Jun 2nd, 2021 by Saurenergy British oil and gas giant BP plc announced yesterday that it is purchasing 9 GW of solar development projects in the US from independent US solar developer 7X Energy, pouring $220 million and 1 GW of “safe harbour” equipment into the deal. The projects are expected to meet bp’s laid down low carbon investment criteria, […] Read more
Is ‘Oil Miracle’ Middle East Now Seeking to Become a Hydrogen Capital? Updated On Tue, Jun 1st, 2021 by Saurenergy In the wake of hydrogen, especially green hydrogen (produced through electrolysis using renewable energy), being posited as an ideal alternative to fossil fuels for producing electricity, the oil powerhouse Middle East has set out to become a major producer of the new clean fuel—green H2. Many oil-dependent economies within the OPEC (Organization of the Petroleum […] Read more
Swiss Firm Claims Solid State Battery With 50% Better Environmental Balance Updated On Tue, Jun 1st, 2021 by Saurenergy Swiss Battery Startup High Performance Battery (HPB) claims that it has developed the world’s first solid-state battery whose core – unlike all other solid-state battery projects – is the result of a chemical reaction within the battery. Whereas solid ion conductors are usually inserted into the battery as prefabricated parts, the HPB solid ion conductor […] Read more
Triton EV to Deliver 2,000 Electric Semi Trucks To India Updated On Mon, May 31st, 2021 by Saurenergy Triton Electric Vehicle, LLC, the US based electric vehicle subsidiary of a leading solar panel and battery engineering firm, Triton Solar, today announced the signing of a purchase order by Talwar Auto Garages PVT. LTD, for 2,000 Triton EV Semi Trucks. Talwar Auto Garages is the largest automotive distributor in Southern India. These 2000 electric […] Read more
Lightsource BP to Invest €900 mn in Portugal to Build 1.3 GW Solar Plants Updated On Mon, May 31st, 2021 by Saurenergy London-based solar power developer Lightsource bp, a 50:50 joint venture with oil and gas company bp, recently announced that it has partnered with Portuguese local company INSUN to build five large-scale solar plants in Portugal, which are expected to add over 1.35 GW of low-carbon, renewable power to Portugal’s energy mix. The company plans to […] Read more
Goa CM Seeks 100% Solar Powered Electrification in Rural Households Updated On Mon, May 31st, 2021 by Saurenergy At the inauguration of a solar-based electrification program for remote rural households in Goa, the chief minister (CM) of Goa, Dr. Pramod Sawant said, “On Goa Statehood Day, it is a proud moment for us to announce that we will achieve 100 percent electrification for all homes in Goa, and that too with clean energy. […] Read more
Pakistan’s ending Coal Imports to hit South African coal’s prospects: IEEFA Updated On Mon, May 31st, 2021 by Saurenergy The growing and irreversible risks being faced by South African coal exporters As Thungela Resources’ CEO attempts to talk up the future of the Anglo American coal spin-off, South Africa’s second largest coal export destination Pakistan is planning to bring coal imports to an end. Thungela CEO July Ndlovu recently stated that a “just transition” […] Read more
CERC Stays Close to Staff Paper Recos In Methodology For Computing Escalation For RE Projects Updated On Mon, May 31st, 2021 by Saurenergy In a suo moto (An order decided of its own accord, without a petitioner), the Central Electricity Regulatory Commission (CERC) has decided on a key aspect of Renewable Energy projects. That is, the methodology for Computing the Escalation Rates and other Parameters for the Purpose of Bid Evaluation and Payment for Procurement of Power from […] Read more
Chattisgarh Steelmaker To Go for 250 MW Solar Plant For Captive Use Updated On Mon, May 31st, 2021 by Saurenergy Godawari Power & Ispat Ltd, an integrated steel manufacturer based in Chattisgarh, has announced plans to set up a solar power plant of 250 MW capacity in the state. The plant has been estimated to cost Rs 750 crores when completed, and will help meet the firm’s RPO obligations as well as overall lowering of […] Read more
