EDF Successfully Installs 100,000 Smart Meters in India Updated On Thu, Apr 15th, 2021 by Saurenergy EDF has successfully installed 100,000 smart meters in India under its EESL contract, commercial roll-out of 5 million smart meters is next. Global low-carbon electricity leader EDF has announced that it has successfully installed 100,000 smart meters in India under its contract with Energy Efficiency Services Limited (EESL), an energy service company under the administration […] Read more
Enerparc Energy Pvt. Ltd. Updated On Thu, Apr 15th, 2021 by Saurenergy Enerparc India is a subsidiary of Enerparc AG, Germany. With its headquarters in Bengaluru, the company specializes into Investment and EPC services for rooftop as well as ground mounted solar photovoltaic (PV) systems across India with focus on Industrial & Commercial segment. Enerparc AG is a global expert in developing, engineering, building, and operating […] Read more
IKEA’s First Investment in Russia’s Solar Projects Covers 160 MW Updated On Wed, Apr 14th, 2021 by Saurenergy Ingka Group, the largest IKEA retailer, has announced that its investment arm, Ingka Investments, will fund 160 MW of solar projects, worth $272 million, in south-west Russia, so as to accelerate its investment in renewable energy. The Netherlands-based company has signed an agreement with Solar Systems, LLC, to acquire a 49% stake in its eight […] Read more
Gryphon Raises $14 Mn to Launch Bitcoin Mining Operation with Zero Carbon Footprint Updated On Wed, Apr 14th, 2021 by Saurenergy Gryphon Digital Mining has raised USD 14 million in Series A funding to launch a Bitcoin mining operation with zero carbon footprint. Gryphon Digital Mining has announced it has raised USD 14 million in its Series A funding round to launch a Bitcoin mining operation with zero carbon footprint. Institutional investors accounted for over thirty […] Read more
Neoen Secures Financing for Finland’s Largest Wind Farm at 404 MW Updated On Fri, Apr 9th, 2021 by Saurenergy Neoen has finalised the financing of Mutkalampi, a 404 MW wind farm in Finland, which will be the country’s largest wind farm on completion. Neoen has announced that it has finalised the financing of Mutkalampi, a 404 MW wind farm in Central and Northern Ostrobothnia in western Finland. Fully owned by Neoen, the project will […] Read more
Poland Awards CfD to Baltica Offshore Wind Farms Worth 2.5 GW Updated On Thu, Apr 8th, 2021 by Saurenergy The Polish Energy Regulatory Office has awarded a CfD to the Baltica 3 & Baltica 2 offshore wind farms with a total capacity of up to 2.5 GW. The Polish Energy Regulatory Office has awarded a Contract for Difference (CfD) to the Baltica 3 and Baltica 2 offshore wind farms with a total capacity of […] Read more
At ₹3.85, CERC Approves 7% Hike in APPC for Open Access Solar in 2020-21 Updated On Thu, Apr 8th, 2021 by Saurenergy In its order notified last week, the Central Electricity Regulatory Commission (CERC) has set the national Average Power Purchase Cost (APPC) for open access at ₹3.85/kWh. This implies that for wind or solar generators that are regional entities and selling power under open access, which is not accounted for RPO compliance of obligated entities, and […] Read more
Could Deep Shaft Mines Get a Second Life As Energy Storage Sources? Updated On Thu, Apr 8th, 2021 by Saurenergy Finding a way to extend or wring some positives out of abandoned or exhausted mines, particularly deep shaft mines, has become a new challenge for many stakeholders. Startups like Gravitricity have got close to building a business out of using them for energy storage, for instance. Now Centennial, an Australian mining company which is a […] Read more
PLI Scheme for Solar Manufacturing Finally Gets Cabinet Approval Updated On Wed, Apr 7th, 2021 by Saurenergy Yet another piece in India’s solar manufacturing ambitions fell into place today with the union cabinet, chaired by Prime Minister Narendra Modi, approving the Ministry of New & Renewable Energy’s proposal for the implementation of the Production Linked Incentive (PLI) Scheme ‘National Programme on High-Efficiency Solar PV (Photo Voltic) Modules’ for achieving manufacturing capacity of […] Read more