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
Togo Gets $40m Loan For 42 MWp Solar Power Project From West African Development Bank Updated On Tue, Jun 21st, 2022 by Saurenergy Togo has received a fresh loan from the West African Development Bank for the development of a 42 MWp solar power plant in Awandjelo area of Northern Togo. The bank is an international Multilateral Development Bank meant for the development of Francophone and Lusophone in West Africa. The loan was approved by the Board of […] Read more
Petronas Owned Gentari Targets 40 GW of renewable energy by 2030 Updated On Fri, Jun 17th, 2022 by Saurenergy The national oil company of Malaysia – Petroliam Nasional Bhd (Petronas) – has announced that the company is aiming to build a Renewable Energy capacity of 30 – 40 GW through its new business unit Gentari by 2030. Petronas informed that the special focus for the renewable energy addition will be on solar power energy. […] Read more
Assam Clears Decks for JV With Neyveli For 1000 MW Solar Power Updated On Mon, Jun 13th, 2022 by Saurenergy The Assam government under Chief Minister Himanta Biswa Sarma continues to move rapidly on scaling up its renewable energy plans. On June 11, the government approved an investment worth Rs 5,000 crore for commissioning and generation of 1,000 MW of solar power in collaboration with Navratna PSU company Neyveli Lignite Corporation, under the aegis of […] Read more
IEX Power Market Update for May – 80% Growth For Green Market Updated On Tue, Jun 7th, 2022 by Saurenergy In its May 2022 update, India’s premier energy exchange IEX (Indian Energy Exchange) informs that it 7596 MU of electricity volume in May’22 comprising 6680 MU in the conventional power market, 642 MU in the green power market, and 275 MU (2.75 lac Certificates) in the REC Market, registering 16% YoY growth across all the […] Read more
South African Miner Harmony Gold To Add 30 MW Solar For Cleaner Mining Updated On Mon, Jun 6th, 2022 by Saurenergy Leading South African Mining firm Harmony Gold Mining has begun to construct a 30 MW solar PV plants in South Africa. The effort is part of its ESG goals to achieve a lower carbon footprint. The action plan is divided into three parts: Phase I, Phase II and Phase III. Phase I has mandated the […] Read more
Suzuki Buys RE From ReNew Power For Indian Plant Updated On Fri, Jun 3rd, 2022 by Saurenergy Suzuki Motor has begun to buy wind and solar power for its plant in Gujarat from ReNew Power as part of its drive to cut about 6% of the Japanese automaker’s global carbon dioxide emissions. As Suzuki’s biggest market, India accounted for about 60% of its global production of four-wheeled vehicles last fiscal year and […] Read more
Cipla is Expanding Its Renewable Energy Plant in Association with AMP Energy Updated On Fri, Jun 3rd, 2022 by Saurenergy Cipla Limited is adding 16MW to its 30MW solar plant capacity to meet the energy needs of manufacturing operations in Kurkumbh and Patalganga, as well as R&D units in Maharashtra. Cipla commissioned this 30MW solar plant last year (2021) in January at Tuljapur. For the commissioning of both projects, Cipla Ltd has done the partnership […] Read more
