Ørsted, ESB To Deliver Upto 5 GW Renewable Energy in Ireland Updated On Sun, Jun 4th, 2023 by Saurenergy ESB, Ireland’s energy company and Danish clean energy major Ørsted have signed an agreement to jointly develop an Irish offshore wind portfolio. With the agreement, which marks the most ambitious partnership in Ireland to date, Ørsted becomes a 50/50 partner in a pipeline of offshore wind development projects off the Irish coast. The partnership is […] Read more
SIDS to Strive for New Goal of 10 GW Renewable Energy Installed Capacity by 2030 Updated On Wed, May 31st, 2023 by Saurenergy The International Renewable Energy Agency (IRENA) has released its report entitled, ‘SIDS Lighthouses Initiative: Progress and way forward’. The report places an emphasis on the urgency to deal with the impact of climate change on Small Island Developing States (SIDS). At the 27th meeting of the United Nations Climate Change Conference of Parties (COP27), held […] Read more
Iberdrola to Supply 250 GWh of Renewable Energy to Holcim Every Year Updated On Thu, May 25th, 2023 by Saurenergy Spanish energy conglomerate Iberdrola and sustainable building solutions provider Holcim have signed a major new clean energy PPA under which Iberdrola will provide Holcim with 250 GWh of renewable energy per year from its Baltic Eagle offshore windfarm in Germany. The two firms have also agreed to work together on a wide range of further […] Read more
Verizon Materialises $1 Billion Bond For Renewable Energy Projects Updated On Thu, May 11th, 2023 by Saurenergy Telecom major Verizon Communications has announced to have settled its fifth green bond offering of $1 billion. The New York headquartered firm said that the net proceeds of the funds are expected to be allocated entirely toward renewable energy investments. The objective to invest in renewables is to accelerate the transition towards green electrical grids […] Read more
Bihar Counts On Lower Renewable Energy To Surrender 854 MW Thermal Power Allocation Updated On Mon, May 8th, 2023 by Saurenergy In an interesting move, the Bihar State Power Holding Company Limited (BSPHCL) has chosen to surrender 854 MW of the state’s central allocation of thermal power. In doing this, the state firm is counting on both its right to exit PPA’s that are over 25 years old, and the possibility of cheaper renewable energy to […] Read more
ISTS is poised to be gamechanger for renewable energy adoption by India’s corporate sector: Sashi Kant Mishra, Fourth Partner Energy Updated On Fri, May 5th, 2023 by Saurenergy Tell us about your current ISTS-connected projects. Our portfolio entails Rajasthan with 330 megawatt of AC solar capacity, where we are in the phase two of connectivity. In Karnataka, we have another 300 megawatt of power capacity being set up. The said projects are in phase II of connectivity, with the Rajasthan project at an […] Read more
7 Reasons Why Renewable Energy Can Be A Life Saver In Disasters & Conflicts Updated On Wed, May 3rd, 2023 by Saurenergy Read more
7 Reasons Why Renewable Energy Can Be A Life Saver In Disasters & Conflicts Updated On Wed, May 3rd, 2023 by Saurenergy Several coastal Indian states along the Bay of Bengal have often witnessed repeated cyclone episodes. Such devastating extreme weather events have created massive destruction of the power infrastructures like electric poles and grids in the past. On the other side, most of the eastern Indian states lying close to the Himalayas have been earmarked as […] Read more