IREDA to raise MSME participation in renewable energy by offering more loans Updated On Mon, Jul 11th, 2022 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) has announced that it is committed to heighten the participation of Micro, Medium and Small Enterprises (MSMEs) in the green energy sector by offering more loans. The announcement was made by its Chairman and Managing Director Pradip Kumar Das while speaking at the MSME Banking Conclave 2022. The […] Read more
NMDC Looking To Invest In Renewable Energy Sources Updated On Mon, Jul 11th, 2022 by Saurenergy Mining major National Mineral Development Corporation (NMDC) has set its sights on investment in the renewable energy sector. The information comes from Sumit Deb, Chairman and Managing Director (CMD) of NMDC. The top official of the Central PSU affirmed the quest of NMDC to invest in the renewable energy sector as he said that the […] Read more
Germany Looks At Rapid Renewable Energy Expansion Updated On Fri, Jul 8th, 2022 by Saurenergy The German government is looking to come up with a major package of reforms that would give speed to renewable power generation. Speaking in a renewable energy industry event, German Chancellor Olaf Scholz has said that his government wants to end supplies of fossil fuels from Russia considering its armed conflict with Ukraine. The European […] Read more
Singapore Gets Its First Renewable Energy Import From Laos Updated On Fri, Jul 8th, 2022 by Saurenergy Singapore’s Energy Market Authority (EMA) has said that the country has begun to import renewable energy from Laos through Thailand and Malaysia. The authority held that this is the first such transfer of RE into Singapore. In September 2021, a power purchase agreement (PPA) was signed between Keppel Electric of Singapore and Electricite du Laos […] Read more
Shell To Build Europe’s Largest Renewable Hydrogen Plant Updated On Thu, Jul 7th, 2022 by Saurenergy When Holland Hydrogen I starts operating in 2025, it will produce up to 60,000 kg of renewable Hydrogen and become the largest renewable hydrogen plant in Europe. Hydrogen will be produced by a 200 MW electrolyser, which will be constructed by Shell Nederland and Shell Overseas Investments in the port of Rotterdam. “Holland Hydrogen I […] Read more
NTPC, GACL will collaborate for renewable energy, green chemicals Updated On Thu, Jul 7th, 2022 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has announced signing of a Memorandum of Understanding (MoU) with Gujarat Alkalies and Chemicals Limited (GACL) to realize green energy and green hydrogen objectives and the Government of India meant to make the economy carbon-neutral. The official statement of the central PSU held that the pact was signed by […] Read more
Top Weekly Stories on Renewable Energy From 29 June to 05 July 2022 Updated On Wed, Jul 6th, 2022 by Saurenergy Read more
Germany Puts A Stop To Landmark Renewables Levy On Consumer Power Prices Updated On Tue, Jul 5th, 2022 by Saurenergy Starting 1 July 2022, people will not have to pay from their own pockets directly via power bills for renewable energy generation in Germany, but from a state fund. This levy, that often accounted for one fifth of the consumer power price and 3.7 cents per kilowatt-hour, was paid for by households and businesses through […] Read more
Nuclear Power Can Catalyse Transition To Energy Systems Dominated By Renewables, Says IEA Updated On Tue, Jul 5th, 2022 by Saurenergy As per a report by IEA, nuclear power has the potential to enable countries to move towards energy systems that are dominated by renewables. The report states that countries that are accelerating their nuclear power or continuing its use stand to benefit as it nuclear power reduces dependence on imported fossil fuels, reduce carbon dioxide […] Read more