How are national oil companies tackling energy transition: Woodmac Updated On Thu, Mar 31st, 2022 by Saurenergy Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions. Partly as a consequence, the energy transition strategies of most NOCs significantly lag those of their leading IOC peers, says Wood Mackenzie. NOCs account for more than half of global oil and […] Read more
Three Solar Parks Planned for Odisha: RK Singh, MNRE Minister Updated On Wed, Mar 23rd, 2022 by Saurenergy Union Minister for New and Renewable Energy, R.K Singh has announced that the Central Government has approved three solar power parks for the state of Odisha under the Solar Park Scheme. The cumulative capacity of all the three parks will be 340MW. In a written reply to a question asked in the Rajya Sabha, the […] Read more
SJVN to Build 400 MW Solar Park in Himachal’s Kinnaur region Updated On Thu, Mar 10th, 2022 by Saurenergy The state government of Himachal Pradesh is planning to set up a solar power park in Kinnaur district in a quest to expand the renewables share in the energy basket further. The State MPP and Power Minister Sukhram Chaudhary has informed that a proposal to seek consent has been sent to the Central government. The […] Read more
Saudi Arabia Signs PPA Contracts for Solar Power Deals Worth $665 Million Updated On Wed, Mar 9th, 2022 by Saurenergy The Kingdom of Saudi Arabia is bullish on raising the renewable share in its energy mix as it has awarded contracts for two new solar power projects. These projects will make a combined capacity of one gigawatt. Saudi Arabia is world’s largest oil exporter but has a huge target to add 60GW of solar power to […] Read more
MNRE Urges States To Replicate Its Dispute Resolution Model For Intra State Disputes too Updated On Fri, Mar 4th, 2022 by Saurenergy The Ministry of New and Renewable Energy, (MNRE), in a letter dated March 3 to all relevant power stakeholders across government and at the state level, has expounded on the role of dispute resolution mechanism it has established. The MNRE had set up a disputes resolution committee (DRC) consisting of eminent persons to resolve issues […] Read more
RTC Power To make Up 5% of Renewable Power by 2025 Updated On Thu, Mar 3rd, 2022 by Saurenergy Even as India awaits its first large RTC (round the clock) renewable projects to come online, research agency CRISIL predicts that the share of RTC plants in the overall renewable (RE) capacity mix will increase from nearly nil today to over 5% by calendar 2025. The agency expects this to be achieved on the back […] Read more
Wind Repowering in India Waits for a Favourable Wind Updated On Mon, Feb 28th, 2022 by Saurenergy The benefits of solar and wind energy as clean alternatives to oil, coal and gas are well established globally. Though many countries started their solar journey early, India’s solar-energy build-up has been consistently gathering momentum over the last decade, with the last five years seeing a sharp spurt. The wind energy sector, on the other […] Read more
Azure Power Q3 Results See Losses Narrow, Generation Up 36% Updated On Mon, Feb 28th, 2022 by Saurenergy Azure Power Global Limited (Azure Power), which is listed on the NYSE, has announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the third quarter of fiscal 2022, ended December 31, 2021. Operating Highlights: Megawatts (“MWs”) Operating* were 2,523 MWs, as of December 31, 2021, an increase of 37% over December 31, 2020. […] Read more
SJVN Bags 15 MW floating solar project in Himachal Updated On Sun, Feb 27th, 2022 by Saurenergy Nand Lal Sharma, Chairman & Managing Director, SJVN has announced the winning of a 15 MW Grid Connected Floating Solar PV Power Project at Nangal pond, near village Neilla, District Bilaspur, Himachal Pradesh. SJVN has bagged the full quoted capacity of 15 MW @ INR 3.26 /Unit on Build Own and Operate basis through e-Reverse […] Read more
