Finland’s Wind Energy Saw 75% Surge in 2022 Updated On Fri, Jan 13th, 2023 by Saurenergy As per the Finnish Wind Energy Association (FWPA), the wind power capacity of Finland witnessed a 75% surge in 2022. Of this, nearly half of it was owned by Finland domestically. “Wind power is now increasing our country’s energy self-sufficiency at a really good pace – just when new and affordable electricity production is most […] Read more
Dutch Ignore Warnings, Impose ‘Super Profits’ Ceiling On Solar Power Updated On Mon, Dec 5th, 2022 by Saurenergy India’s ‘windfall profits’ levy on oil refining firms has found an echo in Netherlands. Except that the Dutch have proposed a price ceiling on renewable energy producers to curb excess profits. The government of the Netherlands announced a €130/MWh (US$136) profit ceiling for solar and wind generation as part of the EU’s established ‘intramarginal levy’ […] Read more
Ministry of Power Launches Scheme for Procurement of Aggregate Power of 4500 MW Updated On Mon, Nov 28th, 2022 by Saurenergy The Ministry of Power has launched a scheme for procurement of aggregate power of 4500 MW on competitive basis or five years on Finance, Own and Operate (FOO) basis under B (v) of Shakti policy. PFC Consulting Limited (a wholly owned subsidiary of PFC Ltd) has been designated as the nodal agency by the Ministry […] Read more
Deloitte Report: ‘Electric Power Supply Chains: Achieving Security, Sustainability, and Resilience’ Updated On Tue, Nov 22nd, 2022 by Saurenergy A study entitled “Electric Power Supply Chains: Achieving Security, Sustainability, and Resilience” has been released by Deloitte India. Operations in the majority of businesses have been impacted by several supply chain interruptions over the past two years. The electric power industry is also not an exception. Even before the recent disruptions brought on by the […] Read more
Sympower Funding Crosses EUR 25 Mn to Help RE Expansion, Power Networks in Europe Updated On Tue, Nov 22nd, 2022 by Saurenergy The total funding of the Amsterdam-based Sympower has reached to EUR 25 million as the start-up in climate tech has received a fresh funding of EUR 3 million as the company delves in technology that helps to balance the supply and demand of electricity across networks. The start-up is expected to expand across Europe. The […] Read more
Germany To Build First Green Ammonia Import Terminal in Hamburg Updated On Mon, Nov 21st, 2022 by Saurenergy Germany’s Germany Trade & Invest (GTAI) has has decided upon the northern city of Hamburg for the country’s groundbreaking new green ammonia landing site. The operational start is planned for 2026. The facility will be a milestone for Germany’s efforts to decarbonize industry by the employment of hydrogen. German Minister for Economic Affairs and Climate […] Read more
Learnings From the $12 billion Brookfield Bid For Australia’s Origin Energy Updated On Fri, Nov 11th, 2022 by Saurenergy Global investment management firm Brookfield’s $11.8 billion bid that is also supported by the target firm’s board is a clear indication of the volume and direction of money chasing renewable energy assets and growth. Origin energy, which has 4.5 million customrs in Australia, has comitted to a phase out of its non renewable assets. “The […] Read more
Indo-Russia Talks Open Doors to Energy Cooperation, Hydrocarbon Production Updated On Wed, Nov 9th, 2022 by Saurenergy India’s Minister of External Affairs S. Jaishankar held talks with Russian counterpart Sergey Lavrov in Moscow about cooperation in several areas, including energy. In furtherance of the discussions held. India and Russia will explore energy-related projects in the Arctic shelf and the Russian Far East. “We are seeing growing concerns on energy and food security […] Read more
UK’s PM Sunak Will Announce Accelerated Renewables Plan at COP27 Updated On Mon, Nov 7th, 2022 by Saurenergy Rishi Sunak, Britain’s Prime Minister, will pledge to hasten the UK’s switch to renewable energy when he speaks before the U.N. climate change summit at COP27. On November 2, UK’s PM Sunak decided at the last minute to attend the climate talks, reversing a decision to forego the yearly event that had been roundly criticised […] Read more
