Hitachi Energy To Build Electrical System For 1.4GW Offshore Wind Project of Equinor Updated On Wed, Jan 4th, 2023 by Saurenergy Norway based Equinor ASA has awarded a contract to Switzerland based Hitachi Energy that will build electrical systems infrastructure for two of the largest offshore wind energy projects in Poland- MFW Baltyk II and MFW Baltyk III wind farms. The two wind farms are being developed in the Baltic Sea area and lie 27 km […] Read more
Amendments in Electricity Rules Add Clarity On Energy Storage, Open Access Charges Updated On Wed, Jan 4th, 2023 by Saurenergy In a notification on changes to the Electricity Rules for Consumers, the government has sought to add a level of clarity on charges payable by consumers, as well as the status of energy storage systems. Limit To Open Access Charges The notification starts off by establishing a limit of 20% of the cost of supply […] Read more
US Electrical Generation by RE Sources Grows by 14.3% in Past Year, Solar Share Over 5% Updated On Tue, Jan 3rd, 2023 by Saurenergy As per a report by the SUN DAY Campaign of data which was recently shared by the U.S. Energy Information Administration (EIA), the country’s electrical generation from renewable sources of energy in the first ten months of 2022 stood at 23%. The concluding issue of EIA’s “Electric Power Monthly” report series further shared that during […] Read more
Welspun India Takes 26% Stake in Clean Max Thanos for Renewable Energy Updated On Tue, Jan 3rd, 2023 by Saurenergy Welspun India Limited has announced that the firm has acquired 26 per cent stake in Clean Max Thanos (CTPL) in order to obtain renewable energy under a captive structure. Welspun said that the acquisition would cost the firm Rs 3.80 crore. Welspun India said in an exchange filing that the textile major has entered into […] Read more
Torrent Power Mulls Over Buying 1.1 GW Clean Energy from ReNew Energy Global Updated On Mon, Jan 2nd, 2023 by Saurenergy Ahmedabad-based Torrent Power, that looks into the generation, transmission and distribution of power, is in the midst of discussions with ReNew Energy Global Plc for the purchase of clean power projects, the capacity of which will stand at 1.1 GW. Sources have revealed that the deal is valued at $1.2 billion. ReNew Energy Global Plc […] Read more
JBS is World’s First Food Company to Issue International Renewable Energy Certificates Updated On Mon, Jan 2nd, 2023 by Saurenergy Sao Paulo, Brazil based JBS, has announced that it has become the first in the food sector to have an enterprise qualified to issue International Renewable Energy Certificates (International REC Standard / I-REC). The certification proves that the generation of electricity comes from renewable and environmentally responsible sources. JBS S.A. is a Brazilian multinational company, […] Read more
The Power Ministry Report Card For 2022- Renewables Push, Reforms Lead Agenda Updated On Mon, Jan 2nd, 2023 by Saurenergy When it comes to energy and its countrywide distribution, the Power ministry is the responsible limb of the government. We look at the growth of clean energy and its distribution in India, while also assessing the various measures taken to promote clean energy in the seventh-largest country in the world. India is the world’s third […] Read more
Solar Energy & EV Charging Firm Altus Power Acquires 220 MW Solar Facilities Updated On Thu, Dec 29th, 2022 by Saurenergy In a major development in the American renewable energy sector, Altus Power has announced that it has entered into a definitive agreement for the acquisition of 220 MW of newly developed and in-construction solar assets. US-based Altus Power is an independent developer, owner and operator of commercial-scale solar facilities. Altus Power provides solar generation for […] Read more
Octopus Energy Invests In FFNEV; Eyes Iberia, EU and Latin America Updated On Mon, Dec 26th, 2022 by Saurenergy Octopus Energy – the wind and solar player of the United Kingdom – is bullish on the development of renewable energy in the Iberian Peninsula. The fresh evidence comes from the power generation unit of Octopus Energy investing in renewables energy player FF New Energy Ventures (FFNEV). Octopus Energy held that the investment is aimed […] Read more