Germany, Egypt Join Hands for Renewable Hydrogen Updated On Mon, Nov 7th, 2022 by Saurenergy Germany and Egypt have joined hands to partner for renewable hydrogen through an MoU. The agreement will also pave the way for bolstering trade in LNG. The partnership will be focused on the execution of projects for producing, processing, employing and transporting green hydrogen along with the promotion of a green hydrogen sector. Egypt and […] Read more
Sterlite Power Mulls Over Investment of Rs 50,000 Crore in RE in Karnataka Updated On Fri, Nov 4th, 2022 by Saurenergy Pratik Agarwal, Managing Director, Sterlite Power, has revealed that his company will invest Rs 50,000 crore in renewable energy in the state of Karnataka. Speaking at the Global Investors’ Meet, Pratik Agarwal held, “Over the next five years, we plan to increase the renewable capacity by 10-fold and invest close to Rs 50,000 crore into […] Read more
IEX Power Market Update For October- Prices Continue To Drop Updated On Fri, Nov 4th, 2022 by Saurenergy The Indian Energy Exchange, India’s premier energy exchange, achieved 7972 MU volume in October 2022, including Green Power trade of 403 MU, and 3.58 lac RECs (equivalent to 358 MU). The total volume on the Exchange in October’22 was lower by 13% on YoY basis due to high volume base of last year, and lower […] Read more
Bhadrachalam Ramalayam Temple to Employ Solar Panels to Save on Power Bills Updated On Fri, Nov 4th, 2022 by Saurenergy The religious institutions and pilgrim sites are increasingly adopting renewable sources of energy not just to put an end to the existing pollution burden but also to limit their expenditure on electricity bills. In the latest addition, the temple authorities of Bhadrachalam Ramalayam temple located in Bhadrachalam of Telangana has roped in Hyderabad-based Sun Technologies […] Read more
ACWA to Develop Wind Projects of 1.1 GW in Egypt Updated On Fri, Nov 4th, 2022 by Saurenergy ACWA Power has said that it has signed an agreement to develop a 1.1GW wind project in Egypt. The official statement mentions that the wind project will come up with an investment value of $1.5 billion. The signing ceremony of the agreement took place at the headquarters of the Egyptian General Authority for Investment and […] Read more
ADB Signs Mandate with EDC for 2 GW Solar, Battery Storage in Cambodia Updated On Thu, Nov 3rd, 2022 by Saurenergy The renewable energy penetration looks bullish in the South East Asia. The new evidence comes from the fact that the Asian Development Bank (ADB) has signed a transaction advisory services mandate with Cambodia’s national utility company Électricité du Cambodge (EDC) to support the development of 2 GW of solar power in Cambodia. According to statement […] Read more
Texas-Based Mission Solar Energy to Expand Solar Cell Production to 1 GW in 2024 Updated On Thu, Nov 3rd, 2022 by Saurenergy Texas-based solar module manufacturer Mission Solar Energy has celebrated its tenth anniversary and simultaneously announced a 1 GW expansion plan. Mission Solar will ramp up production to meet industry demands for 2023 and beyond. Mission Solar said that its products have become coveted by distributors, installers, and homeowners across the US and the recent passage […] Read more
Tdafoq Energy, Delectrik Systems Partner for Battery Project in Saudi Arabia Updated On Thu, Nov 3rd, 2022 by Saurenergy Tdafoq Energy of Riyadh, Saudi Arabia has entered into a distribution and manufacturing license with India-based Delectrik Systems. Tdafoq Energy will exclusively sell Delectrik’s Vanadium Redox Flow battery products manufactured in India in the Gulf countries. According to the official statement of the companies, the sales will take place in Bahrain, Kuwait, Oman, Qatar, Saudi […] Read more
Gautam Freight Announces 4 MW Solar Plant in Bhavnagar, Gujarat Updated On Wed, Nov 2nd, 2022 by Saurenergy With an increasing focus on environmental, social, and governance (ESG) investing and the growing interest in the Indian green energy sector, India has declared its intentions to boost its non-fossil fuel power generation capacity to 500 GW by 2030 during the COP-26 session in Glasgow. Businesses are therefore turning to clean energy sources to meet […] Read more
