AfDB Approves $27 Mn Loan to Establish 200 MW Solar Plant in Egypt Updated On Mon, Mar 8th, 2021 by Saurenergy The African Development Bank’s Board of Directors today approved $27.2 million in loan financing for the design, construction and operation of a 200 MW photovoltaic solar power plant at Kom Ombo, in Upper Egypt on the river Nile. The project is expected to lower electricity costs for businesses and residences, as well as reducing greenhouse […] Read more
Japan’s ORIX Corporation Completes Acquisition of Shares in Greenko Updated On Mon, Mar 8th, 2021 by Saurenergy ORIX has completed the acquisition of shares in Greenko Energy taking 21.8% of the firms’ shares for a total value of approx USD 961 million. ORIX Corporation (ORIX) has announced that it has completed the acquisition of shares in Greenko Energy Holdings (Greenko) as reported by both firms on September 11, 2020. Simultaneous to acquiring […] Read more
India Will Reach Paris Agreement Targets Ahead of 2030: PM Modi Updated On Sat, Mar 6th, 2021 by Saurenergy Prime Minister Narendra Modi on Friday has been awarded with Cambridge Energy Research Associates Week (CERAWeek) Global Energy & Environment Leadership Award for commitment to energy sustainability, environment. Thanking the award, PM Modi said, “It is with great humility that I accept CERAweek Global Energy & Environment Leadership Award. I dedicate this award to the […] Read more
As Solar Spreads, Shrinking Space for Wind Updated On Wed, Mar 3rd, 2021 by Saurenergy It was one of the lesser noticed misses caused by the 2020 pandemic. In fact, we had predicted it in our own January 2020 issue. When Solar capacity would overtake wind in India. But come 2021, and wind energy has finally been overtaken. The news, when it was finally confirmed, couldn’t have been announced with […] Read more
PAT Cycle-II has Resulted in CO2 Emission Reduction of 70 MT: RK Singh Updated On Wed, Mar 3rd, 2021 by Saurenergy RK Singh in appreciation of the implementation of PAT Cycle – II, said that it has resulted in CO2 emission reduction of about 70 MT With an objective to accelerate Energy Transition in industrial sectors, Union Minister for Power, New and Renewable Energy RK Singh, recently chaired an interaction session with top management of energy-intensive […] Read more
EDF Renewables Signs 100 MW Solar VPPA With Enterprise Products Updated On Wed, Mar 3rd, 2021 by Saurenergy EDF Renewables North America has announced a power purchase agreement (PPA) for the second tranche of the Space City Solar Project with an affiliate of Enterprise Products Partners for 100 MWac / 132 MWdc. The Project’s total capacity is up to 345 MWac / 455 MWdc. Space City Solar, located in Wharton County, Texas, is expected to commence […] Read more
The Hydrogen Roadmap to 2030. Updated On Tue, Mar 2nd, 2021 by Saurenergy Underpinned by a global shift of regulators, investors, and consumers towards decarbonisation, Hydrogen (H2) is receiving unprecedented interest and investments. And a new report developed collaboratively by the Hydrogen Council and McKinsey & Company, has tried to provide an overview of these developments in the hydrogen ecosystem. The report ‘Hydrogen Insights: A Perspective on Hydrogen […] Read more
BCD Announcement This Week? Speculation Reaches Fever Pitch, Again Updated On Tue, Mar 2nd, 2021 by Saurenergy A report in BusinessLine, quoting sources in the MNRE, has speculated on the possibility of Basic Customs Duty (BCD) on modules and solar cells finally being announced this week. Readers will recall that the announcement was widely expected in the Union Budget in February, but was conspicuously missing. The report quotes its sources as saying […] Read more
Neoen Completes Financing for 300 MW Victorian Big Battery in Australia Updated On Mon, Mar 1st, 2021 by Saurenergy Neoen has announced that it has achieved financial close on the Victorian Big Battery, a 300 MW / 450 MWh battery storage facility in Victoria Neoen has announced that it has achieved financial close on the Victorian Big Battery, a 300 MW / 450 MWh battery storage facility located near Geelong, in Victoria. The project […] Read more
