What Energy Transition Means For Indian Homeowners & Individuals? Updated On Thu, Mar 21st, 2024 by Saurenergy By-Praveen Raju, Janhavi Joshi, and Amoolya Khurana The Government of India highlighted the challenges faced by developing countries to combat climate change at the 2021 United Nations Climate Change Conference (“COP26”) and subsequently presented India’s commitments to the energy transition in the form of Panchamrit i.e., a five-step approach to combat climate change which included […] Read more
Arevon Inks Deal With San Diego Community Power For Avocet Energy Storage Updated On Wed, Mar 20th, 2024 by Saurenergy US-based renewable energy developer Arevon Energy has announced it has entered into a 15-year energy storage service agreement with San Diego Community Power (SDCP), California’s second-largest community choice aggregator, for the full capacity of the Avocet Energy Storage Project. The project is a 200-megawatt (MW)/800 megawatt-hours (MWh) stand-alone battery energy storage system (BESS) located in […] Read more
Korkia & Econous Green Energy Partner To Develop 600 MW Solar Power In Romania Updated On Tue, Mar 19th, 2024 by Saurenergy Korkia and Romania-based renewable energy developer Econous Green Energy have set up a partnership to develop 600 MW of solar energy in Romania. Initial projects are expected to be licensed and ready for construction in 2025. According to a media statement by Korkia, 600 MW of photovoltaic capacity means approximately 780,000 MWh of electricity production, […] Read more
Coal Behind Rise, CO2 Emissions Increases In 2023; Throttled By Clean Energy: IEA Updated On Tue, Mar 19th, 2024 by Saurenergy Total energy-related CO2 emissions increased by 1.1% in 2023. Far from falling rapidly – as is required to meet the global climate goals set out in the Paris Agreement – CO2 emissions reached a new record high of 37.4 Gt in 2023, according to the latest report by the International Energy Agency (IEA). The 1.1% […] Read more
EU Adopts Plans For New Energy Efficient Building, Revises Solar Standard Rules Updated On Thu, Mar 14th, 2024 by Saurenergy European Union (EU), Member of European parliament (MEP) recently adopted plans, to build energy efficient buildings. These plans were agreed upon by council, to help reduce energy consumption and greenhouse-gas emissions from the buildings sector. The EU solar standard for new building is to be executed from 2026 which are required to have solar rooftop […] Read more
BluPine Energy Gets Rs 12.6 Billion Loan For Gujarat Wind Project Updated On Thu, Mar 14th, 2024 by Saurenergy Gurugram-based BluPine Energy has received funding worth Rs 12.6 billion for its 198 MW wind project situated in Gujarat. According to a company statement, the firm won the bid for the project from Gujarat Urja Vikas Nigam’s (GUVNL) auction to purchase power from 500 MW of grid-connected wind power projects. Further, BluPine Energy also stated […] Read more
Hartek Group Appoints Sanjay Kumar As CEO for Power & Renewable Infra Business Updated On Wed, Mar 13th, 2024 by Saurenergy EPC company Hartek Group announced the appointment of Sanjay Kumar as the new CEO for the Power and Renewable Infra Business. “With a distinguished career spanning various leadership roles in the renewable energy sector, Mr. Kumar brings a wealth of experience and a proven track record of success to his new role” stated the company […] Read more
JSW Energy, Serentica, ReNew & Hero Solar Among Firms Winning 1.5 GW SECI Bid Updated On Wed, Mar 13th, 2024 by Saurenergy Four firms won the bid that was issued by Solar Energy Corporation of India’s (SECI) regarding 1.5 GW firm and dispatchable renewable energy from Inter-State Transmission System (ISTS) -connected projects. As per SECI, JSW Neo Energy, Serentica Renewables India, ReNew Solar Power and Hero Solar Energy were the winners in the auction by SECI. The […] Read more
India’s Subsidies For Fossil Fuels 5 Times Higher Than For Clean Energy: IISD Updated On Wed, Mar 13th, 2024 by Saurenergy The 2022 global energy crisis and India’s growing energy demand have led the country to adopt a hybrid approach, expanding all forms of supply in 2023. This approach has pushed India’s total energy subsidies to a 9-year high of INR 3.2 lakh crore (USD 39.3 billion) for the fiscal year ending 2023 (FY 2023), new […] Read more
