RWE, Tata Power to Jointly Explore Offshore Wind Potential in India Updated On Mon, Feb 21st, 2022 by Saurenergy RWE and Tata Power have agreed on a partnership to explore the potential for the joint development of offshore wind projects in India. A corresponding Memorandum of Understanding (MoU) has been signed between Tata Power Renewable Energy Limited, a 100 percent subsidiary of Tata Power, which is one of India’s largest integrated power companies, and […] Read more
Focusing Only on Renewables a ‘Fatal Mistake’: Saudi Energy Minister Updated On Mon, Feb 21st, 2022 by Saurenergy The Saudi energy minister said on Sunday that focusing only on renewable power sources was a mistake and that the world may not be able to produce all the energy needed for economic recovery from the coronavirus pandemic. “The pandemic and the recovery underway have taught us the value of caution,” said Prince Abdulaziz bin […] Read more
As Power minister R.K. Singh responds to Telangana CM KCR, power reforms at risk? Updated On Wed, Feb 16th, 2022 by Saurenergy In a release yesterday, the Press Information Bureau(PIB), on behalf of the MNRE (Ministry of New and Renewable Energy) has carried a strong rebuttal from Power Minister R.K. Singh, of statements ascribed to Telangana Chief Minister K Chandrashekar Rao (KCR). R.K. Singh has termed as a ‘lie’, a claim attributed to KCR, that the central […] Read more
With Over 10 GW Solar Power, Rajasthan Tops Capacity Creation: MNRE Updated On Mon, Feb 14th, 2022 by Saurenergy Rajasthan stands on top in the country in developing solar power with more than 10 GW of green energy capacity, a release said on Saturday. According to the data released by the Ministry of New and Renewable Energy (MNRE), Rajasthan has left behind Karnataka and Gujarat by developing more than 10 GW of solar power […] Read more
India’s Hopes to Replace Diesel with Renewable Energy in Farms Rides on Solar, Mostly Updated On Mon, Feb 14th, 2022 by Saurenergy Headlines have been announcing India’s plans to shift from diesel to renewable energy for its farming sector. The headlines have taken off from a statement by Power and MNRE minister R.K. Singh during a meeting with officials on Friday. What the headlines do not indicate is how heavily this hope depends on two critical factors. […] Read more
Swiss Sustainability Fund Guides Hydropower Developers Towards Sustainability Updated On Mon, Feb 14th, 2022 by Saurenergy Hydropower project developers and operators can now apply for funding from a ‘sustainability fund’ for independent assessment of their project’s sustainability performance. The sustainability fund is patronized by the Swiss government. Apart from the sovereign’s backing, the fund has the support of a few other eminent institutes – the International Hydropower Association (IHA) and the […] Read more
China to Focus on Gobi Desert for New Solar, Wind Power Bases Updated On Fri, Feb 11th, 2022 by Saurenergy China’s new renewable energy plans will focus on the Gobi and other desert regions, as it speeds up the construction of huge new wind and solar power bases and boosts its transmission capabilities, regulators said in a new policy document, according to recent media reports. To meet its climate targets, China – the world’s biggest […] Read more
Torrent Power Bags 25 MW Solar Portfolio in Gujarat Updated On Fri, Feb 11th, 2022 by Saurenergy In a recent announcement, Torrent Power said that the company has entered into a share purchase agreement with Blue Daimond Properties and Balrampur Chini Mills for the acquisition of 100 per cent equity share capital of Visual Percept Solar Project, which operates a solar plant of 25 MW capacity in Gujarat. Subject to closing price […] Read more
TotalEnergies to Acquire Commercial & Industrial Solar Business of SunPower Updated On Fri, Feb 11th, 2022 by Saurenergy TotalEnergies has announced that the company has signed a contract with SunPower Corp.’s to purchase latter’s Commercial & Industrial Solutions (CIS) business for $250 million. The amount includes $60 million of earn-out. TotalEnergies is the majority shareholder of SunPower, a leading solar technology and energy services provider. Both the companies have approved the acquisition following a thorough process involving […] Read more
