NTPC Plans to Raise Rs 5000 Crore From Sale In Renewable Firm Continues On Track Updated On Mon, Jul 11th, 2022 by Saurenergy State-owned National Thermal Power Corporation (NTPC) plans for a stake sale in its green arm in October this year seem to be moving on schedule. The power giant plans to raise upto Rs 5,000 crore through a stake sale while retaining control over the firm. The power major has begun to collect inputs from sovereign […] Read more
MNRE Will Invite Bids From States For 8,000 MW Power From Stranded Thermal Plants Updated On Mon, Jun 27th, 2022 by Saurenergy RK Singh, Union Minister of Power and New and Renewable Energy (MNRE), said on June 26 that the government will invite bids from the states to sell electricity generated from 8,000 megawatt (MW) thermal capacities without PPAs after aggregating the demands. About 8,000 MW of thermal capacities across the states in India are without any […] Read more
NTPC Starts Commercial Operation On India’s Largest Floating Solar Power Plant Updated On Fri, Jun 24th, 2022 by Saurenergy India’s largest power producer, State-owned National Thermal Power Corporation (NTPC) has revealed starting commercial operations on a Kayamkulam Floating Solar PV Project at Kayamkulam, Kerala. It is currently executing the last part capacity of 35 MW out of the 92 MW project. This makes it India’s largest floating solar power plant. The project EPC was […] Read more
Finland Plans For A National Hydrogen Network Updated On Fri, Jun 24th, 2022 by Saurenergy The race to carbon neutrality continues apace, at least in some parts of Europe. While the accelerating solar and wind energy expansion is partly due tothe Russian-Ukraine conflict that has pushed Europe to reduce and possibly end its dependence on the fossil fuel supplies from Russia. In a key development, the Finland Government has held […] Read more
Renewables To Constitute 33% of China’s Electricity By 2025 Updated On Fri, Jun 3rd, 2022 by Saurenergy China’s planning agency has formulated a new five year plan for the development of renewable energy in the country and aims to equip the grid with 33 per cent of power coming from renewable sources by the middle of this decade. The share of renewable energy in the national grid was 28.8 per cent in […] Read more
‘Renewable energy generation plan’ to be implemented in Sri Lanka from June 1 Updated On Mon, May 30th, 2022 by Saurenergy A ‘Renewable Energy Generation Plan’ will be implemented in Sri Lanka from June 1, 2022 to enhance the renewable energy generation and its share in the energy mix of the country. The information has been shared by the Minister of Power and Energy, Kanchana Wijesekera. Sri Lanka is undergoing an economic crisis brought by huge […] Read more
EU’s New Energy Plans Include Mandatory Solar Panels On New Buildings Updated On Fri, May 27th, 2022 by Saurenergy The European Union has recently decided to rapidly end its reliance on Russian oil and gas by making it mandatory for all new buildings to have solar panels. A news report published last week quoted the European Commission as saying, “There is a double urgency to transform Europe’s energy system: ending the EU’s dependence on […] Read more
Statkraft May Supply Renewable Energy to Plants of FREYR Battery in Norway Updated On Thu, May 26th, 2022 by Saurenergy Europe’s largest renewable energy player – Statkraft – has signed a binding ‘Heads of Terms’ with FREYR Battery with an aim of converting it into a long-term physical supply agreement, with the ambition to secure a long-term supply of renewable power for FREYR’s planned battery cell production project in Mo i Rana city of Norway. […] Read more
British International Investment completes 250 MW RE projects in Pakistan Updated On Fri, May 20th, 2022 by Saurenergy British International Investment (BII) has said that renewable energy projects that have been supported by it with financing for an aggregate capacity of 250 MW in Pakistan have been completed. Habib Yousuf, Country Director for Pakistan at BII and British Deputy High Commissioner to Karachi, Mike Nithavrianakis joined an event marking the occassion. The projects […] Read more
