NTPC Plans to Raise Rs 5000 Crore From Sale In Renewable Firm Continues On Track Updated On Mon, Jul 11th, 2022 by Saurenergy State-owned National Thermal Power Corporation (NTPC) plans for a stake sale in its green arm in October this year seem to be moving on schedule. The power giant plans to raise upto Rs 5,000 crore through a stake sale while retaining control over the firm. The power major has begun to collect inputs from sovereign […] 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
Dubai Setting Sights At Scoring14% Of Its Energy From Renewables By The End Of 2022 Updated On Mon, Jul 4th, 2022 by Saurenergy Saeed Mohammed Al Tayer, Managing Director and Chief Executive Officer of Dubai Electricity and Water Authority (DEWA), has said that Dubai will increase the share of renewable energy in the energy mix of the city to 14% by the end of this year (2022). He said that the new target is aimed at increasing the […] Read more
JSW Steel Pledges Rs 10,000 cr For Renewable Energy Investments Updated On Mon, Jul 4th, 2022 by Saurenergy JSW Group Chairman Sajjan Jindal has made a strong pitch for going green in it’s 2021-22 annual report. With an aim to reduce the carbon footprint of its operations and reduce dependence on coal based power, Jindal said that the company will be investing Rs 10,000 crore to increase it’s use of renewable energy. The […] Read more
Biocon, Hindalco Declare Investments In Renewable Energy Updated On Thu, Jun 30th, 2022 by Saurenergy The investments in the renewable energy sector by the corporate sector continue to pick up pace on the back of lower energy costs from renewables and ESG led actions. Biocon – a biotechnology major – has announced that it has acquired 26 per cent stake in AMPYR Renewable Energy Resources Eleven Private Ltd for Rs […] Read more
Germany’s Renewable Energy Pledge Blackened By Coal Updated On Wed, Jun 22nd, 2022 by Saurenergy Falling short of the energy cut short by Russia following the European support to Ukraine, Germany’s Economy Minister Robert Habeck warned on June 19 that the war in Ukraine will cause an energy shortage by the winter. What he actually meant was that the coal supply and use would be increased to compensate for the […] Read more
Olympus to Employ 100% Renewable Energy in Manufacturing, R&D Updated On Thu, Jun 16th, 2022 by Saurenergy Japanese medical equipment and photography firm corporate Olympus Corporation has announced that from April 2022, the company has begun to exclusively source 100 per cent of the electricity used at its major research and development (R&D) and manufacturing sites in Japan from renewable sources. The official statement reveals that as a result, carbon dioxide emissions […] Read more
When Renewable Energy Meets Artificial Intelligence & Machine Learning Updated On Thu, Jun 16th, 2022 by Saurenergy In the fast-changing world, technologies such as Artificial Intelligence (AI) and Machine Learning (ML) are leading the next wave of productivity gains and tech changes. Artificial intelligence is the main branch of prediction-based technologies which includes domains like machine learning, neural networks and data science. The AI and ML technologies have thrown open a plethora […] Read more
