Actis Forms Blupine Energy to Develop renewable energy in India Updated On Fri, May 6th, 2022 by Saurenergy Actis has incorporated Blupine Energy Pvt Ltd, a company in India to develop renewable energy projects and store assets in India. In June, 2021, Actis had officially incorporated Blupine Energy in which the paid up capital was Rs 16 crore. Reports say that Bluline will become active immediately with a corpus of funds amounting $800 […] Read more
Mitsubishi, Shell to build wind farms to manufacture green hydrogen Updated On Fri, Apr 8th, 2022 by Saurenergy Japan’s leading trading player Mitsubishi Corp and Britain’s oil giant Shell Plc are in discussions to collaborate for producing green hydrogen by developing major offshore wind farms in Europe to give a push to the global quest for decarbonisation. As per media reports, by 2030, the companies will create 400,000 tonnes of green hydrogen every […] Read more
Sungrow Wins Enterprise for Best Practices in Achieving SDGs in 2021 From UNGC Updated On Thu, Apr 7th, 2022 by Saurenergy The United Nations Global Compact (UNGC) Network China unveiled the list of Enterprises for Best Practices in Achieving Sustainable Development Goals (SDGs) in 2021. Inverter major Sungrow was shortlisted given its outstanding practices in catalyzing global carbon neutrality. Offering access to affordable and reliable energy Sungrow is among the world’s leading renewable energy solution supplier […] Read more
IEX March’22 Update-Green Trading Contracts, High Avg. Solar Prices Of Rs 5.64/unit Updated On Wed, Apr 6th, 2022 by Saurenergy The Indian Energy Exchange (IEX) achieved 9,605 MU volume in March’22 comprising 8,702 MU in the conventional power market, 392 MU in the Green Power Market and 511 MU (5.11 lac Certificates) in the REC Market registering 16% YoY volume growth across all market segments. The volumes in the Green Power market as well as […] Read more
The Top 5: Biggest Exporters of Electricity in the World Updated On Wed, Apr 6th, 2022 by Saurenergy In the aftermath of the Russian invasion of Ukraine, the western world reacted with a slew of sanctions on Russia. As it turns out, the sanctions topped short of a complete ban on Russian energy – oil, gas, and coal imports. Even as the UK decided to phase out Russian oil by the end of […] Read more
CERC allows PXIL to introduce hydropower contracts in GTAM Updated On Tue, Apr 5th, 2022 by Saurenergy In a recent order, the Central Electricity Regulatory Commission (CERC) has approved Power Exchange India Ltd.’s (PXIL) proposal to introduce Hydropower Contracts in existing Green Term Ahead Market (GTAM) on its platform for exclusive trading of hydro energy. CERC dealt with different aspects of the proposed contract keeping in view the submissions made by PXIL […] Read more
More EV Charging Stations, Hydrogen to Generate Electricity: Maharashtra Government Updated On Tue, Apr 5th, 2022 by Saurenergy The Maharashtra Government has promised a strong support for the hydrogen and electric vehicles’ charging infrastructure at the “Alternative Fuel Conclave” organised at Pune. While Chief Minister Uddhav Thackeray said that his government is planning to incentivize an ecosystem that helps the growth of electric vehicles and vehicles that run on alternate fuels, Energy Minister […] Read more
CERC Adopts Tariff for SECI’s Manufacturing Linked Solar Tenders Updated On Mon, Apr 4th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has accepted Solar Energy Corporation of India Limited’s (SECI) request for the adoption of tariff for 8800 MW of solar power plants connected to inter-state transmission system (ISTS) linked with setting-up of solar manufacturing plant, selected through competitive bidding process as per the official guidelines issued by Ministry of […] Read more
Siemens Energy plans Multi-Gigawatt Electrolyser Factory in Berlin Updated On Mon, Apr 4th, 2022 by Saurenergy Siemens Energy has said that it will build a multi-gigawatt (GW) proton exchange membrane (PEM) electrolyser factory in Germany for green hydrogen. It said that the first 1GW segment will be made operational in 2023. The PEM electrolyser factory will be a highly automated facility that will be constructed in an existing production building which is already […] Read more