Fortescue Metals Acquires 60% Stake in RE Firm HyET Updated On Thu, Oct 7th, 2021 by Saurenergy Fortescue Metals’s green energy unit has bought a 60% stake in Dutch-based renewable firm High yield Energy Technologies (HyET) Group in a bid to cut costs and boost green energy production. “HyET Hydrogen’s technology will support FFI in reducing costs in other areas of the green hydrogen supply chain,” said Julie Shuttleworth, chief executive officer […] Read more
6 Myths Blown Away By India’s Power Crisis Updated On Thu, Oct 7th, 2021 by Saurenergy The power crisis in India has received enough coverage in the media, with focus now on the barely 3 days coal supplies with a significant segment (Over 40%) of the country’s thermal fleet of power stations. While the use of the word energy transition is designed to soothe nerves and allow the huge changes underway […] Read more
SUSI Partners to Fund Canopy Power’s Renewable Microgrids Updated On Thu, Oct 7th, 2021 by Saurenergy Swiss fund manager SUSI Partners, through its Asia Energy Transition Fund (SAETF), has joined forces with Singapore-based microgrid technology provider Canopy Power to bring clean power solutions to off-grid locations across Southeast Asia. It is SUSI’s second investment in Southeast Asia following the creation of a joint venture with Malaysian company InvestEnergy which is dedicated […] Read more
NHOA Bags 200MWh Battery Storage Project in Australia Updated On Wed, Oct 6th, 2021 by Saurenergy Energy storage and e-mobility solutions company New HOrizons Ahead (NHOA), which was previously known as Engie EPS, has won a 200MWh battery energy storage system (BESS) project in Australia. NHOA said that the construction phase of the project, at an as-yet undisclosed location for an unnamed customer, is scheduled to start immediately, with completion expected by […] Read more
EV Maker Nexzu Mobility Ships Orders to Australia, Europe & GCC Updated On Fri, Oct 1st, 2021 by Saurenergy Indian electric vehicle (EV) maker Nexzu Mobility has shipped out some initial orders to Australia, Gulf Cooperation Council (GCC), and Europe and is currently in discussions to close deals with the UK and a few African countries. “Our range of products has been developed after months of R&D to perfectly suit the needs of our […] Read more
MNRE Releases Updated ALMM List With 8 New Additions Updated On Fri, Oct 1st, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued an updated list of approved manufacturers in its ALMM (Approved list of module manufacturers) list. The List is effective September 29, 2021, with the certifications valid to September 28, 2023, or two years. Unlike the few number of additions in the last list — three […] Read more
Jharkhand Misses Alt Energy Target, Govt Data Shows Updated On Thu, Sep 30th, 2021 by Saurenergy Jharkhand has been a habitual defaulter in meeting the renewable energy purchase obligation (RPO) as mandated by the Centre for achieving the ambitious dream of 175GW power through renewable sources by 2022. RPO is a mechanism by which the obligated entities which includes discoms, open access consumers and captive power producers, are obliged to purchase […] Read more
No Relief For Greenyana At Aptel For Haryana Project Updated On Mon, Sep 27th, 2021 by Saurenergy Recently, the Appellate Tribunal for Electricity (APTEL) has dismissed Greenyana Solar’s plea against Haryana Electricity Regulatory Commission’s (HERC) order, which denied the solar developer’s plant at Kurangawali connectivity to the state’s grid. Greenyana is a subsidiary of Cleantech Solar. In 2018, Greenyana applied for connectivity to Haryana Vidyut Prasaran Nigam (HVPN) for its solar plant […] Read more
$50 M to Ramp up Microgrids in Regional Australia: ARENA Updated On Fri, Sep 24th, 2021 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced the launch of the $50 million Regional Australia Microgrid Pilots Program (RAMPP) to support microgrid pilot projects across regional Australia. Announced in the 2020-21 Federal Budget, the six year program aims to improve the resilience and reliability of electricity supply […] Read more
