Germany Pledges €10 billion support for India to achieve 500GW RE by 2030 Updated On Wed, May 4th, 2022 by Saurenergy Prime Minister Narendra Modi and Germany Chancellor Olaf Scholz signed a joint declaration in Berlin according to which Germany has pledged €10 billion ($10.52 billion) support to India until 2030 to help the country meet its target of raising its non-fossil energy generation capacity to 500 GW. PM Modi and Chancellor Scholz signed a joint […] Read more
India-German Agreement On Indo-German Green Hydrogen Task Force Takes Shape Updated On Wed, May 4th, 2022 by Saurenergy As a precursor to Prime Minister Narendra Modi’s official visit to Germany , India and Germany have signed a pact on Green Hydrogen. India’s Union Minister for Power and New and Renewable Energy, RK Singh and German Minister for Economic Affairs and Climate Change, Robert Habeck signed the joint declaration virtually whereby the two countries […] Read more
Ayana, Greenstat to Jointly Develop Green Hydrogen Projects in India Updated On Tue, May 3rd, 2022 by Saurenergy Ayana Renewable Power (Ayana) and Greenstat Hydrogen India have entered into a Joint Development Agreement (JDA) for the development of green hydrogen projects in India. Green Hydrogen is powered by renewable energy in the electrolysis process. Ayana Renewable Power is backed by National Investment and Infrastructure Fund (NIIF) and Greenstat Hydrogen India is a subsidiary […] Read more
With Energy Supplies On Edge, Delhi’s Poor Solar Record Comes Back To Bite It Updated On Mon, May 2nd, 2022 by Saurenergy Even as an unprecedented heatwave across most of India, especially North India sends temperatures soaring, Delhi, one of the most polluted cities in the world, has barely achieved its clean energy goals and increased its dependence on non-renewable sources of energy. This, despite some of the most ambitious plans to green up. The capital has […] Read more
Three Norway RE Firms make ‘Hydepoint’ for offshore green hydrogen production Updated On Mon, May 2nd, 2022 by Saurenergy Three major renewable energy players based out of Norway have joined forces to develop a combined offshore wind energy substation and an offshore hydrogen factory in the seas of Norway. Arendals Fossekompani, Kongsberg and Moreld are the collaborating companies who will have equal shares in a new company called ‘Hydepoint.’ The official statement of the three companies reveals […] Read more
Indonesian Anantara Joins the List of Singapore’s Renewable Energy Suppliers Updated On Mon, May 2nd, 2022 by Saurenergy Indonesia based Anantara Energy Holdings Pte Ltd, a new JV between local solar power producer Quantum Power Asia and German renewable energy firm ib vogt GmbH, plans to export electricity to Singapore. The JV will see an investment to the tune of USD 5 billion (EUR 4.64bn) in the project, building a solar park of […] Read more
Odisha Continues To Take Small Steps Towards Renewables, Adds Solar Panels in schools Updated On Mon, May 2nd, 2022 by Saurenergy The Odisha Government is making strides in the realm of solar power development that is bringing multidimensional changes in the everyday life of the people. In a fresh instance, the Chief Secretary of the state, SC Mohapatra, has unveiled a solar power system in a government high school in Ganjam district’s Narayanpatna area. There would […] Read more
Shell Signs Agreement To Acquire Sprng Energy Group For $1.55 Billion Updated On Fri, Apr 29th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India. Its […] Read more
IESA all set to host India Energy Storage Week 2022 this May Updated On Fri, Apr 29th, 2022 by Saurenergy In a bid to accelerate the adoption of energy storage, e-mobility, green hydrogen & micro-grids in India, India Energy Storage Alliance (IESA) is all set to host its flagship annual hybrid conference and exhibition, said an official statement. The ‘India Energy Storage Week (IESW)’ exhibition will be conducted from May 1 to May 6, along […] Read more