Oil Company Gulf Energy Sells 50% Stake In German Wind Farm Updated On Thu, Aug 18th, 2022 by Saurenergy Leading oil company Gulf Energy Development Public Company Limited has notified the Stock Exchange of Thailand that that it is divesting more than 50 per cent stake in its Germany based wind farm. The disinvestment is taking place at EUR 305 million. Gulf Energy said that through its wholly owned subsidiary, Gulf International Holding Pte. […] Read more
AI Powered Solar Startup Renkube Raises 2.4 Cr in Seed Round By CIIE.CO Updated On Wed, Aug 17th, 2022 by Saurenergy Bangalore-based renewable energy-focused deep tech AI startup Renkube has announced that it has secured Rs. 2.4 crores ($300K) in a seed round led by CIIE.CO. JITO Angel Network and K4 Forum Mumbai Network also participated in this round. Halliburton Labs, a wholly owned subsidiary of Halliburton Company is participating via Renkube’s selection to its clean […] Read more
CERC Proposes Generic Tariffs For Hydro, Biomass Projects In FY23 Updated On Wed, Aug 17th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has proposed tariffs ranging between ₹4.76–5.84 per kilowatt hour (kWh) for several small-scale hydro projects across the Indian states for FY23. For hydro projects under 5 megawatts (MW) in the states of Himachal Pradesh, Uttarakhand, West Bengal, and North Eastern States, and Jammu and Kashmir and Ladakh, CERC has […] Read more
US Based BlackRock to Invest $1 Billion In Big Battery Projects In Australia Updated On Wed, Aug 17th, 2022 by Saurenergy In what could prove to be a shot in the arm for the Australian energy storage industry, American investment conglomerate BlackRock has said that it looks to invest $1 billion in big energy battery projects in Australia. The company has agreed to acquire Australian company Akaysha Energy, which has nine projects attached to Australia’s main […] Read more
France’s Total Eren To Develop 2 GW Solar Farm, 1 GW Green Hydrogen Project In Australia Updated On Wed, Aug 17th, 2022 by Saurenergy France-based renewables developer Total Eren is evaluating the possibilities for setting up a 2 GW solar park that will help power a 1 GW green hydrogen project in Australia’s Northern Territory (NT). This will bring up the state’s total capacity of green H2 projects under construction to 13.8 GW. The proposed Darwin H2 Hub will […] Read more
German Financial Services Provider ALH Group Acquires 16 Solar Farms From EnBW Updated On Wed, Aug 17th, 2022 by Saurenergy Germany-headquartered financial services provider, Alte Leipziger Hallesche (ALH Group) has revealed that it is indirectly acquiring 49.9% of a portfolio of sixteen solar farms with a combined capacity of 597 MW belonging to Energie Baden-Wurttemberg AG (EnBW). As per the agreement, Weesow, Gottesgabe, and Alttrebbin solar projects are also part of the portfolio. The company […] Read more
CERC Admits Adani Green Petition On LTA Over Pushback By CTUIL Updated On Wed, Aug 17th, 2022 by Saurenergy SBSR Power Cleantech Eleven Private Limited (SBSR), a subsidiary of Adani Green Energy Limited, has won a minor victory at the Central Electricity Regulatory Commission (CERC), after the commission took the considered view to admit its petition, over the objections of the Central Transmission Utility Of India Limited (CTUIL). The Issue The case refers to […] Read more
Some Reassurance for Industry In Prime Minister’s I-Day Speech Updated On Wed, Aug 17th, 2022 by Saurenergy In his Independence Day speech on August 15, the Prime Minister’s advocacy for energy independence (Energy Self Sufficient Nation) must have been reassuring for industry in India. The stress on energy independence was noticeable as the Prime Minister launched into an exhortation to think big for the country. The announcement, coming at a time of […] Read more
Power Ministry Puts Phase-1 Of Emission Control Gear On Hold Basis IIT Report Updated On Wed, Aug 17th, 2022 by Saurenergy The Indian Power Ministry has been effectively implementing pollution management methods (emission control) in selected energy crops to examine the benefits before rolling out the predicted 2 lakh crore of funding in all initiatives that would raise electrical energy rates. The government has indicated that the application of Flue-gas desulfurization (FGD) techniques increases carbon dioxide […] Read more
