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
Enel Gears to Add 21 GW Renewable Assets in Core Countries Updated On Thu, Nov 24th, 2022 by Saurenergy Enel, an Italian multinational manufacturer and distributor of electricity and gas is exiting the big markets of Romania, Peru and Argentina and now the company has held that its exit is a part of the 2023-2025 strategic plan under which Enel will focus on Spain, the US, Brazil, Colombia, Chile and its home market Italy. […] 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
Recessionary Pricing Has Hit Big Global Wind Projects: Rethink Energy Report Updated On Wed, Nov 16th, 2022 by Saurenergy Rethink Energy has come up with a new report which says that it turns out that recessionary pricing has indeed taken its toll on large global wind projects. Rethink Energy said that the wind industry has hit several speedbumps in the last few months, illustrated by the poor results for third quarter of 2022 published […] 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
The Top 5: Expectations From COP 27 Updated On Fri, Nov 11th, 2022 by Saurenergy On Nov 7, at the ongoing World Leaders’ Summit at COP27, UN Secretary-General Antonio Guterres unveiled the “Early Warnings for All” Action Plan, in a bid to ensure early warning systems to the communities – least developed countries and small island developing states – still not covered with early warning systems. The plan calls for […] Read more
EU, Kazakhstan Sign Agreement on Critical Raw Materials, Batteries & Renewable Hydrogen Updated On Wed, Nov 9th, 2022 by Saurenergy On the sidelines of COP27 in Egypt, European Commission President Ursula von der Leyen and Alikhan Smailov, Prime Minister of Kazakhstan, have signed an MoU to develop renewable hydrogen and battery value chains. The objective is to boost the green and digital transformation of both sides’ economies. The agreement is also aimed at ensuring development […] 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
