Aramco To Generate 12 GW Wind And Solar Power By 2035 Updated On Fri, Jun 17th, 2022 by Saurenergy Saudi oil conglomerate Aramco has announced that it will be aiming for 12 GW of solar and wind capacity by 2035. Aramco also wants to generate 11 million tonnes of blue ammonia by the end of this decade that will employ 1.93 million tonnes of blue hydrogen. Blue hydrogen is hydrogen made from oil but […] Read more
Australia Suspends Power Trading In Spot Markets Updated On Thu, Jun 16th, 2022 by Saurenergy In a move meant to cool down ever higher energy prices and ‘hoarding’ so to say the Australian Energy Market Operator (AEMO) has suspended the wholesale electricity spot market across all five participating NEM states in the country. AEMO’s notice states that even as it is shutting the market wef June 15, it has been […] Read more
Atlas Acquires Its First Wind Power Project Updated On Wed, Jun 15th, 2022 by Saurenergy International renewable energy producer, Atlas Renewable Energy, has declared that it has acquired a wind project in the Brazilian state of Minas Gerais from the French energy producer and supplier Voltalia. The statement released by Atlas Renewable said that the project, named Juramento, will have a generation capacity of 378 MW. It will be composed […] Read more
ReNew Power Q4 Results, Total Income for FY 22 at Rs 6919 cr, Net Loss At Rs 1612 cr Updated On Wed, Jun 15th, 2022 by Saurenergy ReNew Energy Global plc, has announced its consolidated results for Q4 FY22 and the fiscal year ended March 31, 2022. As of June 14, 2022, ReNew had a gross total portfolio of ~12.8 GWs of renewable energy projects across India, including commissioned and committed projects. Operating Highlights The commissioned capacity of the Company rose by 0.13 GWs during […] Read more
Karnataka Sets Out To Generate 1.2 lakh MW From Wind Across Talukas Updated On Tue, Jun 14th, 2022 by Saurenergy Blessed with the third largest wind energy potential in the country, Karnataka Renewable Energy Development Ltd (KREDL) has set out to generate an additional 1.2-lakh-MW of wind energy by exploiting its potential in every taluk. The National Institute of Wind Energy (NIWE) prepared the country’s first ‘wind atlas’ in 2019. The potential of wind energy […] Read more
Tata Power DDL Gears Up To Add 400 MW RE To Power Updated On Tue, Jun 14th, 2022 by Saurenergy Tata Power Delhi Distribution Ltd (DDL) is working to increase the supply of renewables to 50% of its overall supplies in the next five years. At present, the renewable profile of the company is around 21% of the discom’s supplies. The company is preparing for a peak load of about 2350 MW this year. The […] Read more
LONGi gets contract to supply 400MW of solar modules for Saudi Arabia project Updated On Tue, Jun 14th, 2022 by Saurenergy Global Chinese manufacturer LONGi has been awarded a module supply contract for the 400MW (DC) Rabigh Solar PV IPP project in Saudi Arabia. The contract is realized through its EPC contractor, China Energy Engineering Group, Guangdong Power Engineering Company (GPEC). The announcement was made at a ceremony attended by LONGi and its partner GTek Solar […] Read more
Investment Crunch, Discoms Twin Hurdles to India’s 2070 RE target : Moody’s Updated On Mon, Jun 13th, 2022 by Saurenergy Moody’s Investors Service said in a report on June 13 that India needs a shift in its energy mix toward renewable energy and improve financial health of state owned distribution companies (discoms) if it is to reach its net-zero emission by 2070. It is worth remembering that in just the Modi government’s tenure, we have […] Read more
Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market Updated On Mon, Jun 13th, 2022 by Saurenergy Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from BITS Pilani. Having helped build robotics solutions in India’s first deep […] Read more
