Global Energy Investments Far From a Net Zero Pathway: IEA Updated On Thu, Jun 3rd, 2021 by Saurenergy As spending rebounds towards pre-crisis levels, not enough is going into clean energy, especially in emerging market and developing economies, new IEA report finds Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic, but spending on clean […] Read more
CWP & Mauritania In MOU to Build Green H2 Plant, but will Citizens Benefit? Updated On Thu, Jun 3rd, 2021 by Saurenergy NSW-headquartered renewable energy developer CWP Global recently announced that it has signed a Memorandum of Understanding (MoU) with the government of Mauritania for the development of a 30GW green hydrogen project. CWP claims that the project, called Aman, will be the world’s biggest renewable energy project, exporting green hydrogen and its derivatives to global markets. […] Read more
CERC Sets Stage For Large Batteries With Draft Ancillary Services Regulations Updated On Thu, Jun 3rd, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has drafted the Ancillary Services Regulations, 2021, whose express purpose is to ensure reliability, safety and security of the grid. Ancillary Services in relation to power system operation, the document explains, means the service necessary to support the grid operation in maintaining power quality, reliability and security of the […] Read more
MSEDCL Tenders For 500 MW Solar Under PMKUSUM Updated On Thu, Jun 3rd, 2021 by Saurenergy The Maharashtra State Electricity Distribution Company Limited (MSEDCL or Mahavitaran), has issued an expression of interest (EOI) and request for selection (RFS) for procuring 500 MW (AC) of solar power from decentralised solar projects. Launched under the PMKUSUM scheme, these projects will be for sizes ranging from) 5 MW to 2 MW capacity. Location will […] Read more
Pakistan Railways Follows The Sun, To Shift Stations To Solar Updated On Thu, Jun 3rd, 2021 by Saurenergy Pakistan Railways has finally made a call to shift 155 railway stations to solar energy. The move follows a prod by the federal government to use alternative environment-friendly energy resources. The railways PR Director Nazia Jabeen says that the cost of the project would be Pakistani Rs 450 million. Pakistan, which has an existing installed […] Read more
Axpo & IWB Build the Largest Solar Plant in Swiss Alps Updated On Wed, Jun 2nd, 2021 by Saurenergy In a statement released yesterday, it was revealed that over the next four months, Axpo, Switzerland’s largest renewable energy producer, and IWB, a Basel-based power provider, will build the largest Alpine solar plant in Switzerland at the Muttsee dam. Following construction approval from the local municipality of Glarus Süd, the first components were transported to […] Read more
BP Acquires 9 GW Solar Portfolio in the U.S. Updated On Wed, Jun 2nd, 2021 by Saurenergy British oil and gas giant BP plc announced yesterday that it is purchasing 9 GW of solar development projects in the US from independent US solar developer 7X Energy, pouring $220 million and 1 GW of “safe harbour” equipment into the deal. The projects are expected to meet bp’s laid down low carbon investment criteria, […] Read more
Suzlon Wins 252 MW Wind project from CLP India Updated On Wed, Jun 2nd, 2021 by Saurenergy Suzlon Group, a wind energy major announced yesterday (Tuesday) that it had secured an order for developing a 252-megawatt (MW) wind power project from CLP India. The project is part of the bid won by CLP India in SECI’s VIII tranche of wind projects, some of which have been delayed significantly due to land availability […] Read more
Is ‘Oil Miracle’ Middle East Now Seeking to Become a Hydrogen Capital? Updated On Tue, Jun 1st, 2021 by Saurenergy In the wake of hydrogen, especially green hydrogen (produced through electrolysis using renewable energy), being posited as an ideal alternative to fossil fuels for producing electricity, the oil powerhouse Middle East has set out to become a major producer of the new clean fuel—green H2. Many oil-dependent economies within the OPEC (Organization of the Petroleum […] Read more
