IREDA experienced lowest revenue growth in last 15 years Updated On Tue, Dec 15th, 2020 by Saurenergy Indian Renewable Energy Development Agency (IREDA) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) on 2 November 2020 and set a revenue target of Rs 2,406 crore for 2020-21. The exercise is a standard practice among all government backed PSU’s. With this, it is looking forward to a 1.6 […] Read more
Vena Energy Selects Doosan to Deliver Queensland’s Largest Grid-Scale Energy Storage System Updated On Tue, Dec 15th, 2020 by Saurenergy Vena Energy has named Doosan GridTech as its EPC partner to build Queensland’s largest energy storage system. Vena Energy-Australia has named Doosan GridTech as its engineering, procurement, and construction (EPC) partner to build Queensland’s largest energy storage system. This battery energy storage system (BESS) will play a major role in improving grid stability and supporting […] Read more
RWE Sells 51% Stake in 4 Texas Wind Farms to Algonquin Subsidiary for $600 Mn Updated On Tue, Dec 15th, 2020 by Saurenergy RWE has signed an agreement with a subsidiary of Algonquin Power to sell a 51 percent stake in four of its onshore wind farms in Texas Leading renewable energy company RWE has announced that it has signed an agreement with a subsidiary of Algonquin Power & Utilities Corp to sell a 51 percent stake in […] Read more
McDonald’s Secures two Wind PPAs Worth 326 MW With Apex Clean Energy Updated On Wed, Dec 9th, 2020 by Saurenergy Apex Clean Energy has announced two power purchase agreements (PPAs) executed with McDonald’s totaling 326 MW of wind energy. Apex Clean Energy has announced two power purchase agreements (PPAs) executed with McDonald’s totaling 326 MW of wind energy. McDonald’s will purchase 200 MW from Caddo Wind, located in Caddo County, Oklahoma, and 126 MW from […] Read more
NextEra in the US, Adani Green In India, More Similar Than They Seem Updated On Wed, Dec 9th, 2020 by Saurenergy One is the market cap leader among renewable firms in India, and going by its project pipeline, a potential global leader. The other is the world’s largest solar and wind energy firm owned by investors, poised to enter the next big opportunity in electric mobility too. The renewable energy boom, when it comes in, surprised […] Read more
Powering the Shift for 2W Segment Towards Electric Mobility Updated On Tue, Dec 8th, 2020 by Saurenergy The future of the electric 2W market is growing rapidly and the major drivers for this market are those with focus on the reduction of emissions. The future of the electric two-wheeler (2W) market is growing rapidly and the major drivers for this market are the increasingly health-conscious consumers, high traffic congestions, environmental concerns and […] Read more
Ørsted Divests 25% of 1.1 GW Ocean Wind Offshore Project Updated On Mon, Dec 7th, 2020 by Saurenergy Ørsted has entered into an agreement to sell a 25% ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s PSEG. Ørsted has entered into an agreement to sell a 25 percent ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). […] Read more
Investment in Green Hydrogen to Exceed USD 1 Billion by 2023: IHS Markit Updated On Mon, Dec 7th, 2020 by Saurenergy According to the Information Handling Service Markit (IHS), London, the Annual global investments in Green Hydrogen (hydrogen production powered by renewable sources) are now expected to exceed USD 1billion by 2023. IHS released news on 3rd December 2020 stating that the increased investment is possibly connected to the falling costs and policy support from governments, […] Read more
Growing Opportunities for Hybrid AC-DC Infrastructure in India: Report Updated On Fri, Dec 4th, 2020 by Saurenergy A new report by GOGLA attempts to deep dive into the relevance of hybrid AC-DC (HAD) energy infrastructure in India A new report by GOGLA attempts to deep dive into the relevance of hybrid AC-DC (HAD) energy infrastructure in India with the objective of providing insights into how energy-efficient appliances can be integrated with the electricity […] Read more
