120 GW Renewable Capacity, €340 billion Investments. The Numbers Behind EC’s Hydrogen Move Updated On Mon, Jul 13th, 2020 by Saurenergy The European Commission has finally shared some more details of its ‘Green Deal’ plan. Using energy from hydrogen is a key plank of the plan, with the energy to electrolyse hydrogen coming from solar and wind energy. Electrolyser technologies are expected to mature enough by 2030. The bloc has zeroed in on Hydrogen as many […] Read more
New RE Already Cheaper Than Operating Coal Plants: Report Updated On Fri, Jul 10th, 2020 by Saurenergy A new report has revealed that new renewable energy (RE) is already cheaper than continuing to operate coal plants in much of the world. A new report has revealed that new renewable energy (RE) is already cheaper than continuing to operate coal plants in much of the world. The report “How to Retire Early: Making […] Read more
Reliance and bp Form Partnership for new Indian Fuels and Mobility Updated On Fri, Jul 10th, 2020 by Saurenergy bp and Reliance Industries Limited have announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). bp and Reliance Industries Limited (RIL) have announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). Following initial agreements in 2019, the two teams […] Read more
BHEL Commissions World’s 1st Solar Plant for Rail Traction Applications Updated On Fri, Jul 10th, 2020 by Saurenergy BHEL has successfully commissioned a 1.7 MW solar plant in Madhya Pradesh for the Indian Railways, with the power being used for traction applications. Bharat Heavy Electricals Limited (BHEL) has successfully commissioned a 1.7 MW solar PV plant at Bina in Madhya Pradesh for the Indian Railways, with the plant directly feeding power to the […] Read more
OLADE, IRENA put RE at Heart of Economic Recovery in LAC Updated On Thu, Jul 9th, 2020 by Saurenergy IRENA and OLADE will boost ties to put the renewables-driven energy transformation at the heart of LAC economic recovery following the COVID-19 outbreak. The International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE) will boost ties to put the renewables-driven energy transformation at the heart of Latin America and the Caribbean (LAC) […] Read more
Capital Dynamics Partners With Tenaska for 4.8 GW Solar Portfolio Updated On Thu, Jul 9th, 2020 by Saurenergy Capital Dynamics has signed an agreement with Tenaska to enter into a new strategic relationship, increasing its greenfield solar footprint in the US. Capital Dynamics, an independent global private asset management firm, has announced that it’s Clean Energy Infrastructure business has signed an agreement with Tenaska to enter into a new strategic relationship, increasing its […] Read more
Italy’s ENEL Has Norway’s Norfund Backing It For India Foray Updated On Thu, Jul 9th, 2020 by Saurenergy Rome – based Enel SpA, which recently won its first big solar energy tender in India, announced on Wednesday that its subsidiary firm Enel Green Power has signed an agreement with the Norwegian Investment Fund (Norfund) to back its renewable projects in India. Both firms will share in the costs of establishing the projects in […] Read more
History Set To Be Rewritten In Indian EV Space, Says VC Analysis Updated On Wed, Jul 8th, 2020 by Saurenergy Naman Lahoty, part of the investment team at Stellaris Venture Partners, has authored a 3 part analysis on why the Indian EV market could follow a different route from the usual auto market, which has always favoured incumbents. A quick snapshot. In an insightful analysis based on interactions with over 150 ‘EV system participants’ Mr Lahoty goes on […] Read more
Ørsted & TSMC Sign World’s Largest Corporate Renewable PPA Updated On Wed, Jul 8th, 2020 by Saurenergy Ørsted and TSMC have signed the largest ever renewable corporate PPA, under which TSMC will offtake the full production from Ørsted’s 920 MW Greater Changhua 2b & 4 offshore wind farm. Offshore wind major Ørsted and Taiwan-based TSMC have announced that they have signed a corporate power purchase agreement (PPA), under which TSMC will offtake […] Read more