E2S Power, IPCL Come Together for Energy Storage Solutions Updated On Thu, Mar 17th, 2022 by Saurenergy E2S Power and India Power Corporation Ltd (IPCL) have signed a Memorandum of Understanding (MoU) to collaborate to transform power stations that run on fossil fuel in India into thermal energy storage (TES) systems for renewable energy. E2S Power is a thermal energy storage solutions developer and IPCL is a power utility company. The twin objectives of […] Read more
IFC to advise on 600MW Solar Power Park in India Updated On Wed, Mar 16th, 2022 by Saurenergy International Finance Corporation (IFC), an institution of the World Bank that focuses on private sector funding and TUSCO Ltd, a Joint Venture Company of THDCIL and Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) have signed an advisory mandate with IFC. Under this mandate, which IFC will support TUSCO in the development of 600MW […] Read more
SunCable Gets $152 Million New Investment for Australia-Singapore Power Project Updated On Wed, Mar 16th, 2022 by Saurenergy The SunCable led ‘Australia-Asia PowerLink’ project has received a major boost as Australian billionaires Mike Cannon-Brookes and Andrew Forrest have invested a further $152 million into the undersea cable link construction meant to deliver solar generated power from Australia to Singapore. The fresh investment has been directed through Grok Ventures that belongs to Cannon-Brookes and […] Read more
Neoen sees bigger appetite for RE as Europe shuns Russian power Updated On Wed, Mar 16th, 2022 by Saurenergy French renewable power producer Neoen should benefit from more demand for green energy in Finland, Italy and France as Europe looks to become independent from Russian gas, the company’s chief executive said on Monday. The European Union has announced plans to expand its clean energy capacities as it looks to cut dependency on Russian gas […] Read more
Four Solar Power Projects Worth 6.5 MW Floating Up in Chandigarh Soon Updated On Tue, Mar 15th, 2022 by Saurenergy Chandigarh Renewable Energy and Science and Technology Promotion (CREST) will develop four solar power projects totaling 6.5 MW capacity in different locations of Chandigarh. The cost of this solar expansion will be Rs 43 crore. As far as the projects are concerned, two will be first of their kind. These solar power projects will be […] Read more
Mainstream Renewable, Aker buy 50% stake in 800MW offshore wind plant in Japan Updated On Tue, Mar 15th, 2022 by Saurenergy Wind and solar company Mainstream Renewable Power and Aker Offshore Wind have closed a deal which will give them a 50% stake in a 800 megawatt (MW) floating offshore wind project in Japan, the companies said on Monday. The other 50% stake in the project belongs to renewable energy project developer Progression Energy. Mainstream is […] Read more
Adani to Build Two Renewable Energy Projects in Sri Lanka Updated On Tue, Mar 15th, 2022 by Saurenergy The Adani Group has signed a Memorandum of Understanding (MoU) with the Sri Lanka Government bagging two renewable energy generation projects of considerable size in the neighbouring country. There is no official confirmation from either Adani Group or the Government of Sri Lanka, but it has been reported that the two projects will be based […] Read more
Karnataka to Give 10,000 Farmers Solar Powered Irrigation Pump Sets Under PMKUSUM Updated On Mon, Mar 14th, 2022 by Saurenergy The State Cabinet of Karnataka has cleared the proposal for the implementation of Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan-B (PMKUSUM) scheme in the state under which about 10,000 farmers will benefit from solar powered irrigation pump sets. ‘Component B’ of the scheme envisages installation of 17.5 lakh standalone (off grid) solar powered irrigation […] Read more
World’s Largest Rooftop Solar Power Plant Launched in Turkey Updated On Mon, Mar 14th, 2022 by Saurenergy Huawei and Tosyali Holding have launched the world’s largest rooftop solar power project in the Osmaniye Province of Turkey, an official statement said. Huawei is a Chinese technology giant and Tosyali is a steel manufacturer based in Turkey. The total investment made by the companies will come up to $71 million, said the statement. The […] Read more