South Pole And Oorja To Use New D-RECs For India’s Diesel Problem Updated On Mon, Apr 3rd, 2023 by Saurenergy The D-REC Initiative, a new not-for-profit platform to deliver internationally recognised guarantees of origin from distributed renewable energy, has announced that its new market mechanism and technology has been adopted by farming-as-a-service company, Oorja Development Solutions, and climate advisory and finance business, South Pole, to support last-mile communities in India transition to renewable energy. Approximately […] Read more
US State Of Maryland Quadruples Offshore Wind Target To 8.5 GW, Set To Pass Law Updated On Mon, Apr 3rd, 2023 by Saurenergy The state of Maryland in the US has set a new target of offshore wind energy in a quest to achieve the national goal of zero carbon emission and combat climate change. Maryland governor Wes Moore said during the International Partnering Forum, 2023, in Baltimore that the state has now more than quadrupled the previous […] Read more
Chinese Equipment Maker Mingyang Wins First Japanese Offshore Wind Deal Updated On Mon, Apr 3rd, 2023 by Saurenergy In what is likely to be seen as a key milestone for Chinese Wind Energy manufacturing, Ming Yang Smart Energy Group, a Chinese maker of wind power equipment, said it has shipped its turbine generator system to Nyuzen-machi Offshore Wind Farm, the first Japanese offshore wind power project to use turbines made in China. Mingyang […] Read more
GIG, Shell Energy To Deliver 200MW Australian Energy Storage System Updated On Fri, Mar 31st, 2023 by Saurenergy Green Investment Group (GIG) and Shell Energy Operations (Shell Energy) have partnered to deliver a utility-scale battery energy storage system (BESS) in Cranbourne, Victoria. GIG belongs to Macquarie Asset Management. GIG said that once fully operational, the 200MW / 400MWh Rangebank BESS will have the storage capacity to power the equivalent of 80,000 homes across […] Read more
UK’s Gemcorp Capital Seeds $150 Million Into Kenyan Clean Energy Platform Updated On Fri, Mar 31st, 2023 by Saurenergy UK based Gemcorp Capital Management Limited has committed a substantial capital investment into Milele Energy, a clean energy platform to be headquartered in Nairobi, Kenya that will focus on development, acquisition, and optimization of clean energy assets across sub-Saharan Africa. Gemcorp said that the seed investment includes funding for the planned acquisition by Milele of […] Read more
India’s Energy Transition – State of Play and Interesting Lead Indicators Updated On Fri, Mar 31st, 2023 by Saurenergy Energy Transition has transformed from mere buzz word a decade ago to a ray of hope for our future. A nation’s energy transition journey encapsulates a wide gamut of subjects – policies, schemes, finances, economic growth, technology. In a series of articles to be published, we will explore these subjects pertaining to India. But from […] Read more
Canada Joins The Race To Offer Clean Energy Manufacturing Incentives Updated On Fri, Mar 31st, 2023 by Saurenergy After the US and it’s Inflation Reduction Act, The European subsidies for local manufacturing and India’s very own Production Linked Incentives (PLI) scheme it is now apparently the turn of Canada to get on to the local manufacturing bandwagon. The federal government led by Justin Trudeau has announced plans to introduce tax credit incentives and […] Read more
JSW Energy Closes Mytrah Deal For 1.7 GW Renewable Portfolio At Rs 10,530cr Updated On Fri, Mar 31st, 2023 by Saurenergy JSW Neo Energy, the fully owned subsidiary of JSW Energy has announced that it has acquired a renewable energy generation portfolio of 1,753 MW from Mytrah Energy (India) Pvt Ltd. JSW Energy said that this acquisition is made of 15 SPVs and 13 ancillary SPVs of Mytrah Energy having a total renewable energy stalled capacity […] Read more
Transmission Gets Stronger Push with Approval of Green Power Transmission Line in Bundelkhand Updated On Thu, Mar 30th, 2023 by Saurenergy Towards the establishment of a Green Energy Corridor in Bundelkhand, the Cabinet has given its nod to a project on the laying of power transmission lines. These will be more than 2,000 km. The clearance has also been issued for close to 20 substations towards solar power evacuation from power plants under development in various […] Read more
