In a First For the US, Wind And Solar Energy Generate More Power Than Nuclear Updated On Mon, Jul 11th, 2022 by Saurenergy Data from SUN DAY Campaign analysis of the Energy Information Administration (EIA) has revealed that the wind and solar energy sources produced 17.96 per cent more power than nuclear power plants in the USA. It is for the first time that the United States produced more solar and wind energy than nuclear in the country’s […] Read more
At Tata Power AGM, 30 GW Capacity Target For 2027 Firmly in Sight Updated On Fri, Jul 8th, 2022 by Saurenergy On the back of a strong set of results in FY 22, Tata Power Chairman Natarajan Chandrasekaran, iterated the firm’s focus on renewables at the Annual general Meeting of shareholders. Capex of Rs 75,000 crores over the next 5 years in renewables is expected the take the share of renewables to over 60% during the […] Read more
Germany Puts A Stop To Landmark Renewables Levy On Consumer Power Prices Updated On Tue, Jul 5th, 2022 by Saurenergy Starting 1 July 2022, people will not have to pay from their own pockets directly via power bills for renewable energy generation in Germany, but from a state fund. This levy, that often accounted for one fifth of the consumer power price and 3.7 cents per kilowatt-hour, was paid for by households and businesses through […] Read more
Tata Power, TN Sign MoU For 4 GW Solar Cell Manufacturing With Rs 3,000 cr Investment Updated On Mon, Jul 4th, 2022 by Saurenergy Tata Power announced on July 4 that it has signed an MoU with the Tamil Nadu Government where the former will set up a greenfield 4GW solar cell and 4GW solar module manufacturing unit against the investment of Rs 3000 crore in Tirunelveli in the state. The MoU was signed by S Krishnan, additional chief […] Read more
Dubai Setting Sights At Scoring14% Of Its Energy From Renewables By The End Of 2022 Updated On Mon, Jul 4th, 2022 by Saurenergy Saeed Mohammed Al Tayer, Managing Director and Chief Executive Officer of Dubai Electricity and Water Authority (DEWA), has said that Dubai will increase the share of renewable energy in the energy mix of the city to 14% by the end of this year (2022). He said that the new target is aimed at increasing the […] Read more
Statkraft Increases Renewable Energy Targets, Chases Faster Growth Updated On Thu, Jun 30th, 2022 by Saurenergy Norway’s state owned renewable energy player Statkraft has updated its growth strategy for renewable energy with a new, more ambitious targets towards 2030. The official statement of Statkraft reveals that the strategy increases the annual growth rate for onshore wind, solar and battery storage from 2.5-3 GW in 2025 to 4 GW in 2030. Statkraft […] Read more
Biocon, Hindalco Declare Investments In Renewable Energy Updated On Thu, Jun 30th, 2022 by Saurenergy The investments in the renewable energy sector by the corporate sector continue to pick up pace on the back of lower energy costs from renewables and ESG led actions. Biocon – a biotechnology major – has announced that it has acquired 26 per cent stake in AMPYR Renewable Energy Resources Eleven Private Ltd for Rs […] Read more
Clean Energy Transition Could Create 15 Mn Indian Jobs By 2025: Report Updated On Fri, Jun 24th, 2022 by Saurenergy A swift shift from fossil fuels to clean energy could lead to creation of 1.5 crore new jobs in India by 2025 and increase savings on electricity bills, a new report released ahead of the G-7 leaders’ summit said on Thursday. The report, ‘Creating Jobs and Cutting Bills: the economic opportunities of a clean energy […] Read more
State Of Offshore Wind Power in India Updated On Wed, Jun 22nd, 2022 by Saurenergy The Indian renewable energy sector has grown at a compounded annual growth rate of over 15.50 per cent in the last five years, with wind sector growth at about 8 per cent. India’s energy use is slated to grow by 3% per annum up to 2040. All this, even as the country has committed to […] Read more
