Offshore Wind Energy To Cost The Cheapest In UK Now Updated On Tue, Jul 12th, 2022 by Saurenergy The biggest ever renewable energy auction in the United Kingdom is bearing fruit for the people and industry as the prices of the offshore wind power, just the second day post auction, has dropped to its cheapest level in the country’s history. Now, the power from fresh auctions will be sold for a mere £37.35 […] Read more
Sindh’s 500 MW Floating Solar Plant, National Solar Energy Policy For Pakistan on August 1 Updated On Tue, Jul 12th, 2022 by Saurenergy In an impetus to renewable energy in the country, the Sindh government has revealed its ambition to set up Pakistan ‘s first floating solar power plant. The plant will boast of a 500MW generation capacity and will be established at Keenjhar Lake. The project will cost $400 million. The Provincial Minister of Sindh for Energy, […] Read more
Blume Ventures Invests $2.5 Million in Solar Financing Platform Aerem Updated On Tue, Jul 12th, 2022 by Saurenergy Mumbai-based solar financing platform, Aerem has raised $2.5 Million in funding in a pre-series round from Blume Ventures, a New Delhi-based capital firm. The funding money ($2.5 Million) raised will go toward expanding the loan book, developing the technological platform that will enable seamless, end-to-end digital engagement with diverse stakeholders, and hiring teams that include […] Read more
BP And Thyssenkrupp Steel Sign MoU On Supply Of RE In Steel Production Updated On Tue, Jul 12th, 2022 by Saurenergy British Oil major BP and German metal working giant Thyssenkrupp Steel have signed an MoU to ensure long-term supply of low carbon hydrogen and renewable power for steel production. Among the renewable options for both the companies are blue hydrogen, green hydrogen, wind and solar generation through solar purchase agreements. Steel accounts for 8-11% of […] Read more
MSEDCL Issues Tender for Supply of 500 MW Solar Power Under PM KUSUM Updated On Mon, Jul 11th, 2022 by Saurenergy Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited the bids for a cumulative 500 MW (AC) solar power from the de-centralised solar project under the PM-KUSUM Yojna Component-C. This project will be developed in the Maharashtra state. The last date to submit bids of this 500 MW tender is July 29, 2022, till 04:00 […] Read more
In a First For the US, Wind And Solar Energy Generate More Power Than Nuclear Updated On Mon, Jul 11th, 2022 by Saurenergy Data from SUN DAY Campaign analysis of the Energy Information Administration (EIA) has revealed that the wind and solar energy sources produced 17.96 per cent more power than nuclear power plants in the USA. It is for the first time that the United States produced more solar and wind energy than nuclear in the country’s […] Read more
NTPC Plans to Raise Rs 5000 Crore From Sale In Renewable Firm Continues On Track Updated On Mon, Jul 11th, 2022 by Saurenergy State-owned National Thermal Power Corporation (NTPC) plans for a stake sale in its green arm in October this year seem to be moving on schedule. The power giant plans to raise upto Rs 5,000 crore through a stake sale while retaining control over the firm. The power major has begun to collect inputs from sovereign […] Read more
Microsoft Datacenter Batteries To Support Growth Of Renewables On The Power Grid Updated On Mon, Jul 11th, 2022 by Saurenergy Global software giant, Microsoft has announced that it will deploy its ‘grid-interactive UPS technology’ at the datacenter maintained by the company in Dublin, Ireland later in 2022. The objective is to demonstrate that these kinds of technologies can help decarbonize power grids across the world. Microsoft holds that the renewable energy from 400 wind farms […] Read more
GMR Hyderabad Airport Saves Rs 10 Cr By Employing Solar Power Updated On Mon, Jul 11th, 2022 by Saurenergy As per GMR Hyderabad International Airport Ltd (GHIAL), it has saved Rs 10 crore in the last one year since it has employed solar power to power airport operations. According to the information tendered, GHIAL owns solar power capacities totaling 10 MW. The entity had commissioned a 5 MW solar power plant meant for the […] Read more