FORVIA Signs PPA With RPC For 417 GWh Wind Power In Europe Updated On Tue, May 30th, 2023 by Saurenergy French automotive supplier Faurecia, owned by FORVIA, has announced that it has signed a ten-year Power Purchase Agreement (PPA) with clean energy major Renewable Power Capital in a bid to further its efforts for decarbonisation. This deal is securing almost all the output from the 417 GWh, 24 wind turbine, Klevberget onshore farm in Sweden. […] Read more
5 Solar Energy Myths That Need To Be Buried For Good Updated On Mon, May 29th, 2023 by Saurenergy Despite the many benefits that solar energy offers, it continues to be shrouded in myth. However, in the recent past, particularly the last five years, solar has overcome challenges, and many myths, like few heralded energy sources before it. Saur Energy deflates the most common myths around solar. We hope these have not kept you […] Read more
OX2, Dasos Capital Partner to Develop Solar Power in Estonia for 500 MW Estimated Capacity Updated On Mon, May 29th, 2023 by Saurenergy Swedish renewable energy company OX2 has announced the signing of a cooperation agreement with Dasos Capital for the development of ten solar farms in Estonia in North Europe. Dasos Capital is specialised investment company for sustainable forestry and natural capital; it is an independent Alternative Investment Fund Manager (AIFM). Dasos Capital said that the capacity […] Read more
IEA Report: Expect $1.7 Trillion Investments In Clean Energy In 2023 Updated On Fri, May 26th, 2023 by Saurenergy The International Energy Agency has said that the global investment in clean energy is on course to rise to $1.7 trillion in 2023. In this journey, solar energy is set to eclipse oil production for the first time. According to the new report by IEA, about $2.8 trillion is set to be invested globally in […] Read more
Tata Power to Procure Short-Term Power at Rs 7.60/unit in Maharashtra Updated On Fri, May 26th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its latest order, allowed the Tata Power Company Limited-Distribution (TPC-D), a power distribution company, to procure short-term power in Maharashtra at a weighted average of Rs 7.60 per unit. The price was discovered through competitive bidding, which the discom floated for short-term power procurement from April 2023 to June […] Read more
MERC Notifies Generic Tariff for Rooftop Solar at Rs 3.05/unit Updated On Thu, May 25th, 2023 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC), in its suo motu order, has notified the generic tariff for the net-meter consumers of Maharashtra at Rs 3.05/unit for 2023-24. The Commission said that the solar rooftop prosumers using net meters can now sell their surplus solar energy to the local discoms at the latest tariff. The latest tariff […] Read more
World’s First Megawatt-Class AEM Electrolyser Unveiled by Enapter AG Updated On Thu, May 25th, 2023 by Saurenergy German electrolyser manufacturer Enapter AG has unveiled ‘AEM Multicore’ – the world’s first megawatt-class AEM electrolyser for the production of green hydrogen. The megawatt electrolyser was unveiled in the presence of Mona Neubaur, German Minister for Climate Action and Energy. With the AEM Multicore, Enapter AG says it ushers in a new era in environmentally […] Read more
UKA To Build 120 MW Wind Farm For Mercedes-Benz Updated On Thu, May 25th, 2023 by Saurenergy Global automaker Mercedes-Benz has announced plans for installing a wind energy farm of over 120 MW at its test track in Papenburg, Northern Germany. It has also awarded a long-term contract worth hundreds of millions to German energy park developer UKA (Umweltgerechte Kraftanlagen GmbH & Co. KG) under which UKA will erect about 20 wind […] Read more
Power Ministry Notifies New Amendments To Green Energy Open Access Rules Updated On Wed, May 24th, 2023 by Saurenergy The Ministry of Power has notified the second amendment to the Green Energy Open Access Rules 2022. The new notified rules envisage to amend three provisions of the original rules, published by the ministry in June, last year. The new notified rules have been named Electricity (Promoting Renewable Energy Through Green Energy Open Access) (Second […] Read more
