Norway’s Norfund Commits Investment In Solar Energy Project in Rajasthan Updated On Tue, Aug 23rd, 2022 by Saurenergy The Norwegian Climate Investment Fund has said that it has entered into an agreement to take a 49% stake in a 420 MW solar power plant in Rajasthan, India, that is developed by Italy-based energy provider, Enel. With the investment, Norfund has within a short time put a total of NOK 1.8 billion to work […] Read more
North America’s EDF Renewables Operationalises Palen Solar Site With Storage Updated On Tue, Aug 23rd, 2022 by Saurenergy EDF Renewables North America (EDFR) has announced that its Palen Solar site is fully operational and delivering green energy to the grid. The site consists of four projects totaling 620 megawatts (MWdc) of solar PV plus 200 MWh of battery energy storage. The official statement of EDF held that the projects, which utilize horizontal single-axis […] Read more
NTPC Increases Solar Output, Installs 69.5 GW Capacity Updated On Fri, Aug 19th, 2022 by Saurenergy With the commissioning of the 56 MW Kawas Solar PV Project at NTPC Kawas, Gujarat, on August 15, 2022, NTPC Limited reached 69454 MW (69.5 GW Capacity) of group installed and commercial capacity. By installing renewable energy projects in its current stations as well as constructing new green field RE projects, NTPC is constantly reducing […] Read more
Oil Company Gulf Energy Sells 50% Stake In German Wind Farm Updated On Thu, Aug 18th, 2022 by Saurenergy Leading oil company Gulf Energy Development Public Company Limited has notified the Stock Exchange of Thailand that that it is divesting more than 50 per cent stake in its Germany based wind farm. The disinvestment is taking place at EUR 305 million. Gulf Energy said that through its wholly owned subsidiary, Gulf International Holding Pte. […] Read more
Power Ministry Puts Phase-1 Of Emission Control Gear On Hold Basis IIT Report Updated On Wed, Aug 17th, 2022 by Saurenergy The Indian Power Ministry has been effectively implementing pollution management methods (emission control) in selected energy crops to examine the benefits before rolling out the predicted 2 lakh crore of funding in all initiatives that would raise electrical energy rates. The government has indicated that the application of Flue-gas desulfurization (FGD) techniques increases carbon dioxide […] Read more
Inflation Reduction Act (IRA) 2022: A Bill To Make US ‘The Clean Energy Leader’ Updated On Tue, Aug 16th, 2022 by Saurenergy On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. What makes the Bill more interesting is its special focus on climate friendly provisions. Climate action has been a priority ever since President Joe Biden came […] Read more
Why The Solar Industry Needs To Push For A Circular Economy Updated On Fri, Aug 5th, 2022 by Saurenergy By Bharat Bhut, Co-Founder And Director, Goldi Solar The latest IPCC report shows greenhouse gas emissions continue to rise, and current plans to address climate change are not ambitious enough to limit warming to 1.5°C above pre-industrial levels—a threshold scientists believe is necessary to avoid even more catastrophic impacts. This can be largely attributed to […] Read more
BASF To Supply Clean Energy To Over 20 Sites Across USA Updated On Fri, Aug 5th, 2022 by Saurenergy Leading US chemical player BASF has revealed that it has entered into a virtual power purchase agreements (VPPAs) for wind and solar power totaling 250 megawatts (MW) for the supply of clean energy to its sits in USA. They are designed to offset the carbon-intensive grid-supplied electricity being used at more than 20 of BASF’s […] Read more
Australia Steps Up New Initiatives Towards Net Zero By 2050 Updated On Thu, Aug 4th, 2022 by Saurenergy In a significant break from the previous administration, the Australian federal government has proposed legislation that will secure Australia’s pledge to reach net zero by 2050 as well as provide greater monitoring and accountability over climate change progress. The Climate Change Bill 2022, as it is known, consists of four essential provisions that the MPs […] Read more