India’s RE May Fall Short Of 2030 Target By 104 GW: GlobalData Updated On Mon, Jul 18th, 2022 by Saurenergy A new report has predicted that current growth trend of renewable energy production may pull India 104 GW short of the 2030 renewables target. 2030 RE target requires India, according to GlobalData, to add more than 38 GW of renewable capacity every year from 2022 to 2030. Ironically, Central Electricity Authority has predicted that India […] Read more
Lowest Tariff Of Rs. 2.84/kWh Discovered In GUVNL 500 MW Wind Auction Updated On Mon, Jul 18th, 2022 by Saurenergy In Gujarat Urja Vikas Nigam’s (GUVNL) auction to buy power from 500 MW of grid-connected wind power projects, Rajpur Renewables, Juniper Green Energy, Solarcraft Power India 3, O2 POwer, TEQ Green Power XII, ACME Pokhran Solar, and Project Twelve Renewable Power were proclaimed winners (Phase-III). The greenshoe option for the tender had an additional capacity […] Read more
NHPC To Catalyze Green Hydrogen Technologies In Leh, Kargil Updated On Mon, Jul 18th, 2022 by Saurenergy State-owned National Hydroelectric Power Corporation (NHPC) has announced the signing of two Memorandum of Understandings (MoUs) for the establishment of ‘Pilot Green Hydrogen Technologies’ in Leh and Kargil districts of Ladakh. The official statement says that the projects are in keeping with the country’s ambition to mitigate the carbon footprint in the power sector. […] Read more
Amazon Accelerates Investments In Green Hydrogen Firms Updated On Mon, Jul 18th, 2022 by Saurenergy Amazon has revealed that its $2 billion Climate Pledge Fund is now spurring efforts towards the decarbonization of global operations through green hydrogen. The Fund is known for its early investments in companies like Rivian and BETA Technologies. The Climate Pledge Fund will also be making fresh investments in Electric Hydrogen and Sunfire, the U.S. […] Read more
Rise To Establish Largest Power Plant Of New York As An RE Hub Updated On Mon, Jul 18th, 2022 by Saurenergy Rise Light & Power has revealed that it has set sights on the redevelopment of the Ravenswood Generating Station, which is New York City’s largest power generator, into a new renewable energy hub. This initiative will aid the city to reach its nation-leading climate goals. The conversion of the plant will also help the city […] Read more
Two RWE Projects Selected For EU Innovation Fund Grants Updated On Mon, Jul 18th, 2022 by Saurenergy Renewable energy player RWE has said that two of its innovative projects have been pre-selected for funding by the EU Innovation Fund. The fund is claimed to be one of the world’s largest programmes for demonstrating innovative low-carbon technologies. These are RWE’s FUREC project in the Netherlands and an offshore wind farm off the German […] Read more
CEA Records 3.7 GW Solar Additions In Q1, But Higher Risks Loom Ahead Updated On Mon, Jul 18th, 2022 by Saurenergy After recording over 4659 MW of solar capacity additions in Q4, driven largely by a burst of additions in March this year at 3.2 GW, solar capacity additions have slowed down in the new financial year. According to the figures from the Central Electricity Authority (CEA), fresh capacity in Apr-June quarter was at just over […] Read more
US And Australia Ink New RE Pact To Break China’s Stranglehold Updated On Thu, Jul 14th, 2022 by Saurenergy The US has inked a pact with Australia to break China’s stranglehold on clean energy technology supplies, according to a news report published. Addressing a joint press conference, US Energy Secretary, Jennifer Granholm, and the Australian Climate Change and Energy Minister, Chris Bowen, announced a “net-zero technology acceleration partnership” that places a premium on improving […] Read more
Syncarpha, Rosemawr Forge Partnership For ‘solar plus storage’ Projects In New England Updated On Thu, Jul 14th, 2022 by Saurenergy Syncarpha Capital and Rosemawr Sustainable Infrastructure Management have forged an initial $100M financing partnership. This will pave the path for the deployment of solar and solar plus storage projects in Massachusetts New England region of the USA. Rosemawr Sustainable Infrastructure Management is the sustainable infrastructure investment arm of Rosemawr Management. Cliff Chapman, CEO at Syncarpha, […] Read more