EU Approves €2.08 Billion for Offshore Wind Energy Project in France Updated On Tue, Feb 14th, 2023 by Saurenergy The European Commission has approved a EUR 2.08 billion French measure to support offshore wind energy production in France. The decision has been taken under EU State aid rules. The measure will contribute to achieving France’s energy and environmental targets, as well as the objectives relating to the EU’s Offshore Renewable Energy Strategy and the […] Read more
CERC Grants Extension of Time for Drawal of Start-Up Power to NTPC Updated On Mon, Feb 13th, 2023 by Saurenergy The CERC has given its green signal to a petition filed by NTPC seeking permission to allow drawal of start-up power for Unit-I (800 MW) of Telangana Ph-I (2X800 MW) from the grid beyond the period of fifteen months (after 15.2.2023). NTPC shared that the Telangana (steam-based thermal power station) STPS consists of two units […] Read more
Kaleshwaram Project In Telangana Will Not Have Floating Solar Updated On Mon, Feb 13th, 2023 by Saurenergy There will be no floating solar plants coming up in the Kaleshwaram Lift Irrigation Scheme area in Telangana. Telangana Energy Minister G Jagadish Reddy has clarified in the State Assembly that the floating solar idea has been dropped by the state government as it was opposed by the fishermen. The project, the world’s largest lift […] Read more
HPCL Requests EoI For Acquiring Green Energy Assets with Minimum 50 MW Capacity Updated On Mon, Feb 13th, 2023 by Saurenergy State owned Hindustan Petroleum Corporation Limited (HPCL) is exploring acquisition opportunities in Renewable Energy – Solar / Wind and Hybrid assets with or without storage with expected asset Capacity of minimum 50 MW. The PSU is aiming to augment its renewable business through the intended acquisition. As per the notification, in case a seller is […] Read more
How China Ensured 55 GW Of Rooftop Solar In 2022 Updated On Mon, Feb 13th, 2023 by Saurenergy The solar industry thrived in India with an addition of about 14 GW in the year 2022. Even so, it fell short of its 2022 solar target of a cumulative 100 GW comprehensively, ending up at 62 GW, with total rooftop solar at barely 7 GW. Meanwhile, in China, with the highest installed capacity and […] Read more
D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification Updated On Fri, Feb 10th, 2023 by Saurenergy D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing […] Read more
Electric CV Distribution and Financing Firm Turno Raises $13.8 m Funding Updated On Fri, Feb 10th, 2023 by Saurenergy Turno, an EV distribution and financing platform firm has announced that it has raised $13.8 million (~ INR 112 crores) in its Series A funding from global investors such as B Capital, Quona Capital, Stellaris Venture Partners and others. The funds will be utilized to expand its Electric Vehicle distribution platform across India and build a complete used battery […] Read more
Delhi To Seek 6000 MW From Renewable Sources by 2025-26 Updated On Fri, Feb 10th, 2023 by Saurenergy The Delhi Government has set sights on augmenting power generation from renewable sources by 6000 MW in the span of the next three years, Deputy Chief Minister of Delhi, Manish Sisodia has announced. This will be achieved through a slew of initiatives. He added that the city’s electricity demand is on the rise and the […] Read more
European Investment Bank Greenlights India’s Large Scale Hydrogen Projects with 1Bn Euro Updated On Thu, Feb 9th, 2023 by Saurenergy In a major announcement that will give India’s Hydrogen projects a push, the European Investment Bank (EIB) has given its nod on joining the India Hydrogen Alliance (IH2A) and provide impetus to green hydrogen hubs on large scale for projects located in India. Following Indian government and EIB approvals, the funding is pegged at close […] Read more
