Duke Energy in $2.8 Billion Deal with Brookfield Renewable for Commercial Renewables Business Updated On Tue, Jun 13th, 2023 by Saurenergy A key US electricity distributor and generator, Duke Energy has announced reaching reached an agreement to sell its unregulated utility scale commercial renewables business to Brookfield Renewable for $2.8 billion. Brookfield is one of the world’s largest owners and operators of renewable power and climate transition assets. Duke Energy’s expected net proceeds from this transaction […] Read more
EU Focus On Renewables Could Add 69 GW in 2023 Updated On Mon, Jun 12th, 2023 by Saurenergy The EU’s renewed focus on renewable energy is no secret, especially after the Russian-Ukraine war that started last year. New reports indicate that the continent could see additions of as many as 69 GW in renewable capacity, mostly solar, in 2023. That, combined with a high focus on bringing manufacturing back to the region, indicates […] Read more
UP Seeks To Test Solar Template At Magh Mela 2024 For Bigger Kumbh Ambitions Updated On Mon, Jun 12th, 2023 by Saurenergy The Uttar Pradesh government’s plan to develop 20 solar cities by 2026-27 with a total installed capacity of 16,000 MW is beginning to show some specific outcomes. In Prayagraj, one of the cities on the list, solar energy will be used extensively during the upcoming Magh Mela-2024. Preparations have apparently begun after a go-ahead from […] Read more
ChakraPaani: A ‘Solar Hand Pump’ Designed to End Rural India’s Water Woes Updated On Fri, Jun 9th, 2023 by Saurenergy The MSME sector is proving its worth in the age of innovation and creativity. One such firm in Kanpur, Shri Ram Rashmi Industries has come up with a new solar hand pump called ChakraPaani which it claims needs just a third of solar energy electricity compared to other solar pumps. When the radiation is low, […] Read more
RE Projects With No PPAs, Made For Power Exchanges- CFD could Make It Possible Updated On Fri, Jun 9th, 2023 by Saurenergy In an announcement that could potentially change the landscape of renewable energy projects, the way they are procured and the flexibility, freedom enjoyed by developers and generators in the industry, new renewable energy projects can now be sold on power exchanges exclusively. Traders and project developers will interact directly for contracting supplies from these projects. […] Read more
AES Corporation Acquires USA’s Largest Permitted Solar Plus Storage Project of 2 GW Updated On Thu, Jun 8th, 2023 by Saurenergy The Bellefield project, which is the largest permitted solar project with storage in the USA, has been sold to The AES Corporation by Avantus. The Bellefield project established in Kern County, California, boasts of a cumulative 1 GW of solar and up to 1 GW of energy storage across two phases. A Power Purchase Agreement […] Read more
MNRE, MoP Launch New Mission ‘MAHIR’ To Locally Develop New Energy Solutions Updated On Wed, Jun 7th, 2023 by Saurenergy The Ministry of Power and the Ministry of New and Renewable Energy (MNRE) have jointly launched a National Mission to quickly identify emerging technologies in the power sector and develop them indigenously, at scale, for deployment within and outside India. The National Mission has been named ‘Mission on Advanced and High-Impact Research (MAHIR)’. It aims […] Read more
Faster RE Deployment In West Africa Could Save Millions By 2030-Wärtsilä Study Updated On Wed, Jun 7th, 2023 by Saurenergy Speaking last week at the West Africa Energy Transition Forum in Dakar in the presence of key energy decision-makers, experts from Wärtsilä shared insights on the impact renewables will have on power system cost, flexibility, and stability in West Africa. They presented the results of their latest study which investigates Senegal’s optimal power system expansion. […] Read more
CERC Declines To Give Relief To Adani Subsidiary SBSR Power Over Delay In Solar Project Updated On Tue, Jun 6th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest order, has refrained from granting any relief to solar power producer SBSR Power Cleantech Eleven for the delay in the commissioning of its proposed solar power project. SBSR is a subsidiary of Adani Green Energy Limited (AGEL). The firm received a contract from the Solar Energy Corporation […] Read more
