After Solar, Volatility Impacts Wind Manufacturers, Projects Affected in India Too Updated On Mon, May 2nd, 2022 by Saurenergy Rising demand and orders have failed to convert to profits for many wind energy manufacturing firms. Wind power heavyweights Vestas Wind Systems A/S, General Electric Co. and Siemens Gamesa Renewable Energy SA are all reeling from high raw material and logistics costs, changes in key clean-power subsidies, years of pressure on turbine prices and an […] Read more
Indonesian Anantara Joins the List of Singapore’s Renewable Energy Suppliers Updated On Mon, May 2nd, 2022 by Saurenergy Indonesia based Anantara Energy Holdings Pte Ltd, a new JV between local solar power producer Quantum Power Asia and German renewable energy firm ib vogt GmbH, plans to export electricity to Singapore. The JV will see an investment to the tune of USD 5 billion (EUR 4.64bn) in the project, building a solar park of […] Read more
Shell Signs Agreement To Acquire Sprng Energy Group For $1.55 Billion Updated On Fri, Apr 29th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India. Its […] Read more
IESA all set to host India Energy Storage Week 2022 this May Updated On Fri, Apr 29th, 2022 by Saurenergy In a bid to accelerate the adoption of energy storage, e-mobility, green hydrogen & micro-grids in India, India Energy Storage Alliance (IESA) is all set to host its flagship annual hybrid conference and exhibition, said an official statement. The ‘India Energy Storage Week (IESW)’ exhibition will be conducted from May 1 to May 6, along […] Read more
Azure Power to Develop 1700 MW renewable energy projects in Karnataka Updated On Fri, Apr 29th, 2022 by Saurenergy Azure Power has announced that it has signed an Expression of Interest (EoI) with Government of Karnataka to develop solar, wind, and hybrid renewable energy projects that will total to 1700 MW capacity. Azure said that the total investment commitment is Rs 13,300 crore. Azure Power is one of the leading independent sustainable energy solutions […] Read more
Dewa to spend $11 billion on Renewable Energy in Dubai Updated On Thu, Apr 28th, 2022 by Saurenergy The Dubai Electricity and Water Authority (Dewa) has announced that it will be investing $11 billion or Dh40 billion as capital expenditure over a period of next five years from now to enhance the utility’s renewable energy portfolio. Dewa has issued an official statement that confirms the media reports about the anticipated RE investments by […] Read more
ONGC inks MoU with Norway’s Equinor for E&P, clean energy Updated On Thu, Apr 28th, 2022 by Saurenergy State-owned Oil and Natural Gas Corporation (ONGC) on Wednesday said it has signed a pact with Norwegian energy giant Equinor ASA for collaboration in oil and gas exploration and production as well as clean energy projects. The memorandum of understanding (MoU) was inked on April 26, the company said in a statement. The agreement is […] Read more
NTPC, Energy Vault sign MoU for gravity-based energy storage tech Updated On Wed, Apr 27th, 2022 by Saurenergy NTPC Limited, the largest power generating utility in India, has announced that it has signed a Memorandum of Understanding (MoU) with Energy Vault Holdings, Inc. The objective of the MoU is to collaborate and formalize a long-term strategic partnership for the deployment of Energy Vault’s EVx™ gravity-based energy storage technology and software solutions based on […] Read more
Major Japan railway now powered only by renewable energy Updated On Wed, Apr 27th, 2022 by Saurenergy Shibuya in Tokyo, Japan, is famed for its Scramble Crossing, where crowds of people crisscross the intersection in a scene symbolizing urban Japan’s congestion and anonymity. It may have added another boasting right. Tokyu Railways’ trains running through Shibuya and other stations were switched to power generated only by solar and other renewable sources starting […] Read more
