Coal Firm Anglo American Secures 100% Renewable Electricity for Australian Ops Updated On Thu, Nov 17th, 2022 by Saurenergy Mining conglomerate Anglo American has said that it has sourced the supply of 100% renewable electricity for its operations in Australia from 2025, agreeing terms for a 10-year partnership with Stanwell Corporation, the Queensland Government-owned provider of electricity and energy solutions. Anglo American said that the deal will effectively remove all Scope 2 emissions from […] Read more
A South American Success Story In Renewables – Chile Updated On Wed, Nov 16th, 2022 by Saurenergy South American nation Chile has emerged as a surprise success story when it comes to adding renewables. The country has nearly 22 per cent of its electricity demand met by solar and wind farms. The country is an over-achiever, making impressive progress since 2008, the year Chilean Law set the Non-Conventional Renewable Energy Target to […] Read more
Saudi’s SEWA Approves Regulatory Framework For Self-Consumption Of RE Updated On Mon, Nov 14th, 2022 by Saurenergy The Saudi Water and Electricity Regulatory Authority (SEWA) has come up with a regulatory framework for renewable energy systems for self-consumption. Chaired by Prince Abdulaziz bin Salman bin Abdulaziz, Saudi Arabia’s Minister of Energy and Chairman of the Board of Directors of the Water and Electricity Regulatory Authority, the Board has approved the regulatory framework […] Read more
Singapore’s Sembcorp Signs Pact To Acquire Vector Green Energy For Rs 2780 Crore Updated On Mon, Nov 14th, 2022 by Saurenergy Singapore-based Sembcorp Industries has announced that its wholly-owned subsidiary, Sembcorp Green Infra Limited, has signed an agreement with India Infrastructure Fund II to acquire 100 per cent interest in Vector Green Energy Private Limited for a base equity consideration of approximately Rs 2780 crore (approximately S$474 million). India Infrastructure Fund II is a fund managed […] Read more
OYA Renewables, Oil Well Shares Form JV to Develop 3 GW Renewables Updated On Thu, Nov 10th, 2022 by Saurenergy North American energy transition solutions platform, OYA Renewables and Appalachian-based energy major Oil Well Shares have announced the formation of Chrysalis Energy, a joint venture by the two for the development and construction of community and utility-scale solar, wind and energy storage infrastructure projects across the PJM region. PJM is part of the Eastern Interconnection […] Read more
Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific Updated On Thu, Nov 10th, 2022 by Saurenergy A study authored by Kyeongho (Ken) Lee, Principal Analyst, Asia Pacific Power & Renewables at Wood Mackenzie reveals that Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. This is an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand is largely driven by ambitious […] Read more
Tata Power Signals Strong EPC Recovery In Renewables At Q2 Analyst Meet Updated On Wed, Nov 2nd, 2022 by Saurenergy For Tata Power Limited, the FY 23 Q2 results have been a time to cheer, with record revenues and profits for the quarter. Total revenues at Rs 14, 163 crores were almost 50% higher than revenues in the corresponding quarter last year. Net profits came in even higher, up 85% at Rs 884 crores, versus […] Read more
SB Energy to Supply 942 MW Green Energy to Google Data Center in Texas Updated On Wed, Nov 2nd, 2022 by Saurenergy A leading climate infrastructure and technology platform headquartered in the San Francisco Bay Area, SB Energy Global has announced that Google will purchase about 75% percent of the renewable energy produced by four of its solar projects that are currently under development. The projects, totaling 1.2 gigawatts (GW) of capacity will support Google’s investment in […] Read more
MNRE Appoints REC GM to The Position of Director (Finance) at IREDA Updated On Tue, Nov 1st, 2022 by Saurenergy In a formal announcement made recently, Bijay Kr Mohanty has been chosen for the job of Director (Finance) at IREDA by a Search-cum-Selection Committee established by the Ministry of New and Renewable Energy (MNRE). Following an interview, the committee selected Mohanty from a list of four shortlisted candidates. Ajay Mathur, Chief GM, REC Ltd, Gurugram; […] Read more