Australia’s Victorian Govt Grants $7 M for H2 Use in Heavy Transport Updated On Wed, Jan 19th, 2022 by Saurenergy The Victoria State Government, Australia, is providing $6.6 million via its Renewable Hydrogen Commercialisation Pathways Fund to six renewable hydrogen projects aiming to clean up heavy transport, buses and industry. The recipients were announced by Victorian minister for Energy, Environment and Climate Change, Lily D’Ambrosio. “Renewable hydrogen is a key part of our clean energy […] Read more
Neoen Commences Early Works on 412MW Wind Project in S. Australia Updated On Wed, Jan 19th, 2022 by Saurenergy Renewable energy producer Neoen has finally launched its flagship Goyder Renewables Zone project in South Australia. Notice to proceed was given to a consortium of GE Renewable Energy and Elecnor in late December 2021 for the construction of a 412 MW wind farm known as Goyder South Stage 1. The wind farm will consist of […] Read more
PFC, REC Make Further Reduction in Lending Rates Updated On Wed, Jan 19th, 2022 by Saurenergy State-owned non-banking financial companies Power Finance Corporation (PFC) and REC Limited have further reduced their lending rates across all types of loans by 40 basic points (Bps), Ministry of Power (MoP) has said. Union Minister for Power and New & Renewable Energy Mr. R.K. Singh expressed satisfaction at the continued efforts by both the companies […] Read more
Delayed Captive Status of Solar Plant No Cause to Deny REC, finds CERC Updated On Wed, Jan 19th, 2022 by Saurenergy In a case involving refusal to issue of Renewable Energy Certificate (REC) due to late recognition of a solar plant’s captive status, the Central Electricity Regulatory Commission (CERC) ruled in favour of petitioner Suryakant Gupta, the owner of Rajaram Maize Products, who installed a 4.8 MW solar power plant on his own land in Chhattisgarh for captive […] Read more
Fortum Teams Up with Russia’s Bank GPG for Wind JV Updated On Tue, Jan 18th, 2022 by Saurenergy Finnish state-owned energy company Fortum has announced that it is initiating cooperation in wind power generation in Russia with Bank GPB. For this purpose, 1.3 GW portfolio of wind projects is being transferred from the Fortum-Rusnano Wind Investment fund (50/50 joint venture) to a joint venture recently established with Bank GPB, the company said in […] Read more
100MW Offshore Wind Plant Launched in Vietnam Amid RE Push Updated On Tue, Jan 18th, 2022 by Saurenergy Vietnam ‘s leading renewables firm Trung Nam Group has launched its first offshore wind farm amid the Southeast Asian country’s drive for clean energy, the company said on Monday. The 5 trillion dong ($220.17 million as $1 = 22,710 dong) farm in the southern province of Tra Vinh has 25 turbines with installed capacity of […] Read more
Europe’s Metal Industry Asks EU to Help it Deliver Energy Transition Updated On Tue, Jan 18th, 2022 by Saurenergy Industry association Eurometaux has asked EU policy-makers to allow member states to support domestic producers of aluminium, zinc and silicon with state aid to ensure supplies of the metals crucial for the transition to low carbon energy. The European Union has a goal to reduce net greenhouse gas emissions by 55% from 1990 levels by […] Read more
GoodWe Inverters Check In At The Oberoi Luxury Hotels Updated On Tue, Jan 18th, 2022 by Saurenergy The Oberoi Hotels Group, which has close to 30 properties in India and the world, is going greener with solar power, and GoodWe inverters is the partner of choice for the luxury hotel group. With solar plants ranging in size from from 400KWp to 1 MW p, key properties across Agra, Udaipur and Ranthambhore have […] Read more
EverSource Closes India’s Largest Climate Impact Fund at US$ 741 million Updated On Tue, Jan 18th, 2022 by Saurenergy EverSource Capital (EverSource) has completed the final close of India’s largest climate impact fund, Green Growth Equity Fund (the Fund), at US$ 741 million, making GGEF one of the largest single-country funds focused on Climate change, Mitigation and Adaptation in the emerging markets. EverSource is investing to combat climate change by focusing on the decarbonization of energy and resource […] Read more
