Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr Updated On Fri, Aug 11th, 2023 by Saurenergy Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021. Speaking about this development, Anders Blom, Vice President at Norfund […] Read more
Solar Energy to Light Up Bundelkhand Expressway in Uttar Pradesh Updated On Fri, Aug 11th, 2023 by Saurenergy Uttar Pradesh is set to welcome its first solar expressway. The 296-kilometer-long Bundelkhand Expressway will be the first solar expressway that will see the installation of solar panels on both sides of its stretch. The project announced comes as part of the state government’s Solar Energy Policy 2022. The policy strives for 22,000 MW of […] Read more
Statkraft in Agreement with Biopharmaceutical Firm for Offtake of Energy from Wind Farms Updated On Wed, Aug 9th, 2023 by Saurenergy Norway’s International Power Producer Statkraft has entered into a PPA with Sweden’s biopharmaceutical firm AstraZeneca towards energy procurement from three wind farms in Sweden. The PPA is based on the commissioning of the new wind farms in Strömstad and Årjäng, which is in Sweden’s bidding area 3 (SE3). This is also where AstraZeneca’s research and […] Read more
The Top 5: Improbable Energy Storage Possibilities Turned into Reality Updated On Wed, Aug 9th, 2023 by Saurenergy The storage for renewable energy in particular has become one of the main talking points in the energy industry across the globe for the sake of transition to a green future. Intermittent energy sources like wind and solar power often lack the ability, or fall short in their capacity, to accommodate postponed usage. Thus, there […] Read more
Better Solar Technology Covers Up For Wind Issues In Hybrid Projects For Adani Green Updated On Wed, Aug 9th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), in its latest financial results for Q1 of FY24, reported a decline in Capacity Utilisation Factor (CUF) for its wind portfolio. It attributed its lower CUF to the Biporjoy cyclone in Gujarat and lower wind speeds in the state. However, the latest investors call of the company to discuss the […] Read more
A Case For Green Financing For More Transmission Infrastructure Updated On Fri, Aug 4th, 2023 by Saurenergy In a provocative blog on the importance of the transmission sector and its role in the energy transition, two world bank staffers make the case for expanding the definition of green projects when it comes to transmission projects, to ensure faster adaption of these vital infrastructure to handle green energy projects. The article comes at […] Read more
SaurEnergy Explains – CCS and CCUS: Promise or Pipe Dream in the Oil and Gas Industry? Updated On Thu, Aug 3rd, 2023 by Saurenergy Oil and gas companies have been leaders in CCUS (Carbon Capture, Utilisation & Storage) development. They operate five of the eight dedicated CO2 storage projects in operation and most of the existing CO2 pipelines. It’s marketed that the practice of capturing and storing carbon dioxide, rather than tackling the causes of the emissions themselves, could […] Read more
KAUST & LONGi Sign MoU to Push Solar Energy Innovation in Saudi Arabia Updated On Wed, Aug 2nd, 2023 by Saurenergy King Abdullah University of Science and Technology (KAUST), a research and graduate education institution, and LONGi have signed a Memorandum of Understanding (MoU) to foster innovation in solar energy. Special advisor to KAUST President, Dr Kevin Cullen and LONGi President for the MEA-CA region Dr. James Jin signed the MoU in the presence of LONGi […] Read more
Swiss Storage Firm Energy Vault Commissions First Gravity Energy Storage System In China Updated On Wed, Aug 2nd, 2023 by Saurenergy The world’s first grid-scale EVx™ gravity energy storage system (GESS) has entered the first phases of commissioning. Energy Vault Holdings, a firm that delves in sustainable, grid-scale energy storage solutions, has announced the commissioning of the project, along with its partners Atlas Renewable and China Tianying (CNTY). Located outside of Shanghai in Rudong, Jiangsu Province, […] Read more
