ST’s Bouskoura Plant to Use 50% Energy from Renewables by 2022 Updated On Wed, Jul 28th, 2021 by Saurenergy French-Italian semiconductor manufacturing company STMicroelectronics has announced that its Bouskoura site in Morocco will procure 50% of its energy from renewable sources by 2022 compared to 1% in 2020, as part of its action plan to achieve carbon-neutrality by 2027. ST has been present in Bouskoura for over 20 years with a back-end plant which employs […] Read more
U.S. Renewable Firm BrightNight Enters Indian Energy Sector Updated On Thu, Jun 24th, 2021 by Saurenergy US-based renewable company BrightNight announced yesterday its entrance into India’s energy market with two key hires located in New Delhi — Sajay KV has joined as India CEO and Naveen Khandelwal has joined as India COO and CFO. Combined, BrightNight’s new India management team members have contributed to the delivery of 10 GW of renewable […] Read more
Delhi’s 2041 Draft Master Plan Foresees 50 Percent Energy From Renewables Updated On Fri, Jun 11th, 2021 by Saurenergy Delhi’s Draft Master Plan (MPD 2041) for the next two decades was formally release for public feedback and attention . The MPD is relevant, simply because it lays the roadmap for the city’s development for the next two decades. Previous masterplans have suffered various amendments and changes, almost all driven by political necessities. Basic necessities, […] Read more
Renewables Produce Record 50.7% of Energy in May in Spain Updated On Tue, Jun 8th, 2021 by Saurenergy The Red Eléctrica de España (REE), a partly state-owned and public limited corporation which operates the national electricity grid in Spain, recently reported that renewable energy reached an important milestone last month when, for the first time, more than half of the energy produced in the country was of renewable origin. The data supplied by […] Read more
FOR Report Targets Clean Energy Cess, Coal, Better Renewable Planning Updated On Fri, May 28th, 2021 by Saurenergy The Forum of regulators (FOR) is a body set up under section 166(2) of the Electricity Act, 2003 to ensure better coordination and analysis among power regulators across the country. The Forum consists of Chairperson of Central Electricity Regulatory Commission (CERC) and Chairpersons of State Electricity Regulatory Commissions (SERCs). The Chairperson of CERC is the […] Read more
Adani to Acquire SB Energy’s 5 GW Portfolio in India’s Largest Renewables M&A Deal Updated On Wed, May 19th, 2021 by Saurenergy Adani Green Energy has signed agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank & Bharti Group Adani Green Energy Limited (AGEL), has announced that it has signed the share purchase agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank Group (80 percent) […] Read more
Talen Energy Forms JV with Pattern Energy to Grow Renewables Infrastructure Portfolio Updated On Wed, Apr 14th, 2021 by Saurenergy Talen Energy Corporation (“Talen”) announced today that it has entered into a joint venture with Pattern Energy Group LP (“Pattern Energy”) named “PT Energy Transitions” to pursue the development, financing, construction and operation of approximately 1.4 Gigawatts of utility scale renewable energy projects over the next five years. PT Energy Transitions will benefit from the collective strengths of its […] Read more
Energy Transition to Renewables in US to Accelerate Over Next 2-3 Years: Report Updated On Thu, Apr 1st, 2021 by Saurenergy The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the IEEFA’ U.S. Power Sector Outlook 2021. The report adds that solar and battery storage adoption is enjoying almost exponential growth, and wind and solar technology improvements have helped turn the two resources […] Read more
