Ørsted Commences Construction of its Largest Onshore Project Updated On Tue, Mar 30th, 2021 by Saurenergy Ørsted announces final investment decision on the combined wind and solar PV project Helena Energy Center in South Texas and integrates the US trading team into the Onshore business. Ørsted has taken a final investment decision on its largest onshore project to date, the 518 MW hybrid wind and solar PV project, Helena Energy Center, […] Read more
Adani Green Completes Rs 133 crore Spinel Energy Buyout Updated On Tue, Mar 30th, 2021 by Saurenergy Adani Green Energy has completed the acquisition of Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures. The deal, which was announced on January 21 first, was formally completed last week. The enterprise value of the all cash deal has been put at Rs 133 crores. For Adani Green, the acquisition is another […] Read more
Chinese NEV, HEV Sales to Rise Over 15-fold by 2035: WoodMac Updated On Thu, Mar 25th, 2021 by Saurenergy Sales of China’s new energy vehicles (NEV) and hybrid electric vehicles (HEV) combined are expected to rise 15-fold or more by 2035 with their share in total new car sales exceeding 80%, says Wood Mackenzie. In the latest Energy-saving and New Energy Vehicle Technology Roadmap 2.0, China aims to phase out conventional internal combustion engine […] Read more
AGL Announces Construction of Grid-Scale Battery, Takes FID on 250 MW Project Updated On Thu, Mar 25th, 2021 by Saurenergy Australia based integrated essential service provider AGL energy has announced that the construction of a 250 megawatt (MW), one-hour duration grid-scale battery at Torrens Island will begin this year, following AGL’s final investment decision (FID) on the project. South Australia is leading the way in the rollout of AGL’s 850 MW network of grid-scale batteries […] Read more
India Should Double Down on Renewable to Achieve Energy Targets 2030: Study Updated On Wed, Mar 24th, 2021 by Saurenergy India should double down on renewables to achieve its aggressive renewable energy targets in India’s electricity grid in 2030, according to a recent study by the researchers at UC Santa Barbara. The study analyzes electricity and carbon reduction costs linked with India’s energy targets in the electricity grid in 2030 and discovers that the majority […] Read more
Only 18% of Announced Recovery Spending can be Considered ‘Green’: Report Updated On Thu, Mar 11th, 2021 by Saurenergy An analysis of spending by leading economies has found that only 18 percent of announced recovery spending can be considered ‘green.’ One year from the onset of the pandemic, recovery spending has fallen short of nations’ commitments to build back more sustainably. An analysis of spending by leading economies, led by Oxford’s Economic Recovery Project […] Read more
US DOE Announces $115 Mn to Small Businesses for Clean Energy R&D Projects Updated On Mon, Mar 8th, 2021 by Saurenergy In support of the Biden-Harris Administration’s commitment to build the American economy back better, the US Department of Energy (DOE) has announced USD 115 million for small businesses pursuing clean energy research and development (R&D) projects. The projects range from grid modernisation and carbon removal to renewable energy and energy storage. “Through this program, DOE […] Read more
Average Rural Power Supply Duration has Increased to 18.5 Hours Updated On Fri, Mar 5th, 2021 by Saurenergy RK Singh has informed that the average rural power supply duration increased from 12.5 hours in 2014-15 to 18.5 hours in 2019-20. Addressing the Power Ministry Parliamentary Consultative Committee in a meeting, Power Minister RK Singh has informed that the average rural power supply duration increased from 12.5 hours in 2014-15 to 18.5 hours in […] Read more
Karnataka Issues Renewable Energy Policy 2021-26, Targets 20 GW of RE Projects Updated On Fri, Mar 5th, 2021 by Saurenergy Karnataka Renewable Energy Development Limited (KREDL) has drafted the “Karnataka Renewable Energy Policy 2021-26” to strengthen the Renewable Energy markets in the state. Being one of the leading States in Renewable Energy (RE) sector in the country with a RE generation capacity of about 15,037 MW, the KREDL has drafted the policy with a foremost […] Read more
