Regulator Extends Rs 12 Cap On Traded Electricity To Sep 30 On Power Exchanges Updated On Fri, Jul 1st, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC), which had in an order on May 6 directed the Power Exchanges to cap power trading prices at Rs 12 till June 30, has extended the order to September 30 now. The order applies to trading in the Day Ahead market (DAM including Green DAM), RTM, Intra-day, Day Ahead […] Read more
Olympus to Employ 100% Renewable Energy in Manufacturing, R&D Updated On Thu, Jun 16th, 2022 by Saurenergy Japanese medical equipment and photography firm corporate Olympus Corporation has announced that from April 2022, the company has begun to exclusively source 100 per cent of the electricity used at its major research and development (R&D) and manufacturing sites in Japan from renewable sources. The official statement reveals that as a result, carbon dioxide emissions […] Read more
World Environment Day- Finally Intent Is Followed By Action As Corporates Get Going Updated On Mon, Jun 6th, 2022 by Saurenergy World Environment Day, which falls on June 5, has gone by this year with some very interesting pledges, and moves by governments, firms, and other organisations to make a difference. Importantly, in many cases, the next stage of their targets are visible both in the short and medium term, a much better alternative to the […] Read more
Savannah Energy sings pact with Chad to develop 500 MW renewable projects Updated On Thu, Jun 2nd, 2022 by Saurenergy British energy company Savannah Energy has announced the signing of an agreement with the Ministry of Petroleum and Energy of Chad for the development of up to 500 MW of renewable energy projects. The projects will supply electricity to the Doba Oil Project and the towns of Moundou and Doba in Southern Chad, and the […] Read more
Latin America Preaches RE, Yet Practises Fossil Fuels Updated On Thu, Jun 2nd, 2022 by Saurenergy Perpetually in two minds, although the Latin American Governments have appeared to be committing to renewable targets, yet their actions are just the opposite. According to the International Energy Agency (IEA) that it will need US$1 trillion per year between now and 2050 to finance energy transition in Latin America, compared to the $150 billion […] Read more
NHPC Hopes To Commission 1 GW Solar Power Projects in 2023 With Recent Contracts Updated On Mon, May 30th, 2022 by Saurenergy India’s largest hydropower generation firm NHPC Ltd expects that three contracts recently awarded to Adani Infra, Tata Power Solar and Sri Sai would commission the 1 gigawatt solar power project by November 2023. Adani Infra, Tata Power Solar and a joint venture of Sri Sai had bagged the contract for producing 600 MW, 300 MW […] Read more
The Top 5: Indian Cement Manufacturers & Their Efforts Towards Sustainability Updated On Mon, May 30th, 2022 by Saurenergy The Indian Cement industry is the second-largest producer of cement in the world, while the Indian market is also the second-biggest consumer on the planet. The country had over 200 large cement producing plants and more than 360 small ones recording a turnover of around Rs 64,000 Crore in FY-20. With a massive and ongoing […] Read more
Alcoa Signs Contract for Renewable Power to Support Restart of Aluminum Smelter Updated On Fri, May 20th, 2022 by Saurenergy Alcoa Corporation has announced the signing of a contract for renewable energy to support the planned restart in 2024 of aluminum smelting at the San Ciprián smelter in Spain. The official statement of Alcoa has said that the long-term power purchase agreement (PPA) is with Greenalia, an independent renewable energy developer and producer. Subject to […] Read more
Air Liquide, Shell Sign 10-Year Agreement for Renewable Electricity in Italy Updated On Thu, May 19th, 2022 by Saurenergy Air Liquide has announced that it has signed a ten-year contract with Shell Energy Europe Limited for the purchase of renewable energy to power industrial and medical gas production operations in the North East of Italy. For ten years, starting 2023, Air Liquide will purchase 52 GWh per year of solar photovoltaic renewable energy from […] Read more
