JSW Energy Ramps Up Green Portfolio With 4.69 GW Buy From O2 Power Updated On Mon, Dec 30th, 2024 by Saurenergy JSW Energy has announced that it has entered an agreement to acquire a 4,696 megawatt (MW) renewable energy platform from O2 Power Pooling Pte Ltd for Rs 12,468 crore (approximately USD 1.47 billion). O2 Power is a joint venture between EQT Infrastructure and Singapore’s sovereign wealth fund Temasek, founded by ex ReNew Power employees, Parag […] Read more
Q3: Britain Sets Wind Energy Record With 22.5 GW Contribution Updated On Fri, Dec 27th, 2024 by Saurenergy New data showed that renewables generated over half of Britain’s power for four consecutive quarters with wind energy setting another record in the United Kingdom (UK). Britain’s onshore and offshore wind farms set a new record by generating 22.5 gigawatts (GW) of clean power on Wednesday morning (18th December), providing 68.3% of the country’s electricity […] Read more
Germany Sets New Price Ceilings for 2025 Renewable Energy Auctions Updated On Tue, Dec 24th, 2024 by Saurenergy Bundesnetzagentur, the German independent federal authority that regulates and oversees infrastructure markets recently set new determinations setting price ceilings for the renewable energy generation auctions to be held in 2025. The organization set the price ceilings of 6.80 cents per kilowatt hour (ct/kWh) for ground-mounted solar photovoltaic (PV) systems, 7.35 ct/kWh for onshore wind, 9.00 […] Read more
IMFA Invests Rs 83.26 Crores In JSW Energy Hybrid Project Updated On Wed, Dec 18th, 2024 by Saurenergy The Odisha-based Indian Metals & Ferro Alloys (IMFA), has entered into a joint venture with JSW Green Energy. Under the collaboration, the ferrochrome integrated producer would source renewable energy for its smelting operations. IMFA signed a binding term sheet with JSW Green Energy One and JSW Green Energy Seven and will invest Rs 83.26 crores […] Read more
JSW Achieves 3.1 GW Of Locked-In RE Generation Capacity Updated On Mon, Dec 16th, 2024 by Saurenergy Mumbai-based JSW Energy announced securing multiple renewable energy (RE) projects in the Commercial and Industrial (C&I) power market. With this latest project, JSW achieved a total locked-in power generation capacity of 20 GW. The company’s locked-in renewable energy (RE) C&I capacity now stands at 3.1 GW. This includes 2,654 MW of JSW group captive capacity […] Read more
Meghalaya Govt Unveils Policy To Boost Solar, Wind Energy Capacity Updated On Mon, Dec 16th, 2024 by Saurenergy The Meghalaya government recently released its policy to execute and expand solar power generation in the state, aiming to increase its solar power capacity from the current 4.28 MW (Till Nov. 2024). The latest policy released by the state allows short-term power purchases on behalf of the State Distribution Utility, entering into Power Purchase Agreements […] Read more
South Australia Grid May Soon Become 100% Reliant On Renewables Updated On Thu, Dec 12th, 2024 by Saurenergy South Australia seems to be moving towards an interesting journey. The region is now touted to become the first grid in the world to be run 100% net on solar and wind energies. This means that although the grid will continue to use thermal power, it will be able to infuse enough renewable power to […] Read more
Google Backs Clean Energy Firm To Power AI Data Center Expansion Updated On Wed, Dec 11th, 2024 by Saurenergy US-based clean energy company, Intersect Power recently partnered with Google and TPG Rise Climate (TPG) to provide renewable power and storage solutions to new data centers. This partnership is designed to deliver gigawatts of new data center capacity across the US with Intersect Power catalyzing a targeted $20 billion in renewable power infrastructure investment by […] Read more
90% Surge In Installations After Green Energy Open Access: IEEFA Updated On Wed, Dec 11th, 2024 by Saurenergy A new report claims that regulatory clarity on green energy open access led to an upsurge in annual renewable energy installations. The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics prepared the report. The report said that the Green Energy Open Access Rules (GEOA) 2022 aided in creating new installation […] Read more
