Shining Bright. India’s Solar Start Ups Updated On Fri, Sep 30th, 2022 by Saurenergy When Prime Minister Narendra Modi launched the Start Up India movement in 2015 on August 15, perhaps even he wouldn’t have imagined the role startups were going to play in India’s clean energy transition. After all, the energy sector, with its tremendous policy overhang, large capital commitments, and the need for a long term perspective […] Read more
Now Germany Adopts New Model For its Renewable Energy Tenders Updated On Fri, Sep 30th, 2022 by Saurenergy Three further initiatives to support Germany’s pish for more renewable energy sources for electricity production have been given the green light by the European Commission by EU State Aid regulations. A change from a fixed to a sliding market premium (New Model) in the payout structure for tenders supporting innovation is one of the approaches. […] Read more
TotalEnergies Considers The Possibilities Of The 5X Jump In Value Of AGEL Investment Updated On Fri, Sep 30th, 2022 by Saurenergy Patrick Pouyanne, CEO at French energy major TotalEnergies’ SE has indicated that the firm will consider the possibility of selling a small part of its 20% stake in Adani Green Energy Ltd. At current prices, that stake is worth just around $10 billion. In 2021, the French energy company had paid $2 billion for its […] Read more
REI Expo 2022 Kicks Off with Great Enthusiasm, Presence of MNRE Minister Updated On Thu, Sep 29th, 2022 by Saurenergy Informa Markets in India launched the Crystal Edition (15th anniversary) of Asia’s biggest REI Expo, the Renewable Energy India Expo 2022 at the India Expo Mart, Greater Noida, Delhi-NCR. Over 500 top exhibitors showcasing more than 750 brands were present on the show floor. The first day of the REI expo was graced by dignitaries […] Read more
India Added 9.9 GW of Solar Installation in First Eight Months of CY-22 Updated On Fri, Sep 23rd, 2022 by Saurenergy India increased its solar PV capacity by over 9.9 GW in the first 8 months of CY-22. In comparison to the same period of last year, it’s a 22.2% y-o-y growth. In the first 8 months of CY-21, India added 8147.27 MW. In August -22, India added 1328.92 MW of solar. In comparison to the […] Read more
KKR Invests in Hero Future Energies in $450 Million Transaction Updated On Tue, Sep 20th, 2022 by Saurenergy New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […] Read more
Netherlands Cabinets Target 70 GW Offshore Wind by 2050 Updated On Mon, Sep 19th, 2022 by Saurenergy The Netherlands government has set an offshore wind power target of 70 GW that it says needs to be achieved by 2050. The new target is to further sustainability and green hydrogen manufacturing to combat the climate change challenges. The government assumes that by 2040, it will be able to generate about 50 GW of […] Read more
Norway’s Scatec to Set Up 3 GW Wind Energy Project in Egypt Updated On Wed, Sep 14th, 2022 by Saurenergy According to a statement made by a spokesperson of the Egyptian Presidency, Norway’s renewable energy producer Scatec will be playing a greater role in Egypt for the renewable energy development. Spokesperson Bassam Essam Rady has said that the cooperation between Egypt and Scatec will be to develop new and renewable energy projects and also to […] Read more
Danish Energy Agency Works on World’s First Power-to-X Tender Updated On Tue, Sep 13th, 2022 by Saurenergy To address the schedule and framework for the world’s first Power-to-X (PtX) tender in Denmark, the Danish Energy Agency (DEA) will soon conduct a stakeholder conference. The DEA has now formed a secretariat for Power-to-X in addition to creating a PtX task force. The said tender is poised to be the world’s first power-to-X tender. […] Read more
