Luxembourg’s ArcelorMittal Invests $10 M in RE Tech Company Heliogen Updated On Wed, Jun 9th, 2021 by Saurenergy ArcelorMittal S.A., a Luxembourgish multinational steel manufacturing corporation headquartered in Luxembourg City, announced yesterday its initial investment of $10 million in US renewable energy technology company Heliogen, marking the completion of the steel producer’s first XCarb™ innovation fund investment since launching the initiative in March 2021. Heliogen’s technology will harness solar energy by using a field of mirrors […] Read more
Canada Launches $800 M RE & Grid Modernisation Program Updated On Fri, Jun 4th, 2021 by Saurenergy Seamus O’Regan Jr., Canadian Minister of Natural Resources, recently launched a CAD 964 million (USD 800 mn) program that will support smart renewable energy and grid modernisation projects over four years, aiming to lower emissions and help the country achieve carbon neutrality by 2050. “Our new Smart Renewables and Electrification Pathways Program will increase our […] Read more
CWP & Mauritania In MOU to Build Green H2 Plant, but will Citizens Benefit? Updated On Thu, Jun 3rd, 2021 by Saurenergy NSW-headquartered renewable energy developer CWP Global recently announced that it has signed a Memorandum of Understanding (MoU) with the government of Mauritania for the development of a 30GW green hydrogen project. CWP claims that the project, called Aman, will be the world’s biggest renewable energy project, exporting green hydrogen and its derivatives to global markets. […] Read more
CERC Sets Stage For Large Batteries With Draft Ancillary Services Regulations Updated On Thu, Jun 3rd, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has drafted the Ancillary Services Regulations, 2021, whose express purpose is to ensure reliability, safety and security of the grid. Ancillary Services in relation to power system operation, the document explains, means the service necessary to support the grid operation in maintaining power quality, reliability and security of the […] Read more
Tata Power Solar Adds 210MWp NTPC Award To EPC Portfolio Updated On Thu, Jun 3rd, 2021 by Saurenergy Tata Power Solar, India’s largest integrated solar company and a wholly-owned subsidiary of Tata Power, has received “Letter of Award” (LoA) to build 210 MWp of Solar PV projects for NTPC. The total order value of the projects is approximately Rs 686 crore. The commissioning date has been set for November, 2022. With this addition, […] Read more
Ranking Top 10 Solar Tracker Firms Worldwide Updated On Wed, Jun 2nd, 2021 by Saurenergy A solar tracker is a device deployed along with solar panels, directing the latter towards the sun. Trackers not only maximise the energy capture but also further boost the efficiency of the overall power generation process through minimising the angle of incidence – or the angle that a ray of light makes with a line […] Read more
BP Acquires 9 GW Solar Portfolio in the U.S. Updated On Wed, Jun 2nd, 2021 by Saurenergy British oil and gas giant BP plc announced yesterday that it is purchasing 9 GW of solar development projects in the US from independent US solar developer 7X Energy, pouring $220 million and 1 GW of “safe harbour” equipment into the deal. The projects are expected to meet bp’s laid down low carbon investment criteria, […] Read more
Is ‘Oil Miracle’ Middle East Now Seeking to Become a Hydrogen Capital? Updated On Tue, Jun 1st, 2021 by Saurenergy In the wake of hydrogen, especially green hydrogen (produced through electrolysis using renewable energy), being posited as an ideal alternative to fossil fuels for producing electricity, the oil powerhouse Middle East has set out to become a major producer of the new clean fuel—green H2. Many oil-dependent economies within the OPEC (Organization of the Petroleum […] Read more
Goa CM Seeks 100% Solar Powered Electrification in Rural Households Updated On Mon, May 31st, 2021 by Saurenergy At the inauguration of a solar-based electrification program for remote rural households in Goa, the chief minister (CM) of Goa, Dr. Pramod Sawant said, “On Goa Statehood Day, it is a proud moment for us to announce that we will achieve 100 percent electrification for all homes in Goa, and that too with clean energy. […] Read more
