State Of Offshore Wind Power in India Updated On Wed, Jun 22nd, 2022 by Saurenergy The Indian renewable energy sector has grown at a compounded annual growth rate of over 15.50 per cent in the last five years, with wind sector growth at about 8 per cent. India’s energy use is slated to grow by 3% per annum up to 2040. All this, even as the country has committed to […] Read more
Interconnected European Grid Key to Managing Variations In Solar Irradiance Updated On Tue, Jun 21st, 2022 by Saurenergy The Decline In Solar Irradiance Has Sounded A Warning After it witnessed the wettest month in March 2022 in 61 years, Spain experienced the sharpest decline in solar irradiance in 28 years. The findings from a team of experts from solar data firm Solargis reveal that there has been a 50 per cent decline in […] Read more
PFS, GGGI Collaborate To Establish RE Focused Infra Debt Fund Updated On Mon, Jun 20th, 2022 by Saurenergy A memorandum of understanding (MoU) agreement has been signed between India’s infrastructure finance company PTC India Financial Services (PFS) and Global Green Growth Institute (GGGI) for the establishment of an infrastructure debt fund. The objective of the debt fund is to enhance the infrastructural development in the field of renewable energy. According to the official […] Read more
Karnataka Looks At A Hydrogen Cluster In Mangaluru Updated On Mon, Jun 20th, 2022 by Saurenergy Karnataka recently signed two major projects about hydrogen production. ACME Cleantech Solutions Private Limited and ReNew Power have each signed to invest ₹52,000 crores and ₹50,000 crore in the state over the last one month, in MoU’s signed at Davos. Sharing the vision of the state government, Gunjan Krishna, commissioner for industrial development and director, […] Read more
Ireland Awards 414 MW Of Wind, 1534 MW Of Solar Projects At $101.80/MWh Updated On Fri, Jun 17th, 2022 by Saurenergy EirGrid, state-owned power grid of Ireland, has recently released the list of final bidders winning the auction of twin deployments – 414 MW onshore wind and 1534 MW solar – under the aegis of Renewable Electricity Support Scheme 2 (RESS 2). The auction put to rest the price bands as the average price of the […] Read more
Bhutan Mulling 300 MW Solar Power Addition Updated On Fri, Jun 17th, 2022 by Saurenergy The Himalayan country of Bhutan is looking bullish for solar power as it plans to diversify its energy mix. Reports cited the Economic Affairs Minister of Bhutan, Lokhnath Sharma saying that Bhutan will add 300 MW of solar power in the coming years. Bhutan currently has a mere 9 MW of renewable energy other than […] Read more
CrossBoundary Gets $25 Million For Solar Power Mini-Grids Expansion In Africa Updated On Fri, Jun 17th, 2022 by Saurenergy Kenya based CrossBoundary Energy Access (CBEA) has announced that it has raised $25 million funding from different investors – ARCH Emerging Markets Partners Limited, Bank of America, and Microsoft Climate Innovation Fund. The new investment will also garner an additional $25 million in senior debt for the deployment of $50 million of capital that will […] Read more
BP to take 40% stake in AREH – The $36 billion Green Hydrogen Focused Project In Australia Updated On Thu, Jun 16th, 2022 by Saurenergy Energy major BP has announced that it will acquire a 40.5 per cent equity stake in the Asian Renewable Energy Hub (AREH) to become operator of it. BP said that AREH has the potential to be one of the largest renewables and green hydrogen hubs in the world. AREH is located in the Pilbara region […] Read more
Amara Raja To Set Up Green Hydrogen Fueling Station In Leh for NTPC Updated On Wed, Jun 15th, 2022 by Saurenergy Amara Raja Power Systems has announced that the company has received an order from the state owned National Thermal Power Corporation (NTPC) for the development of the first green hydrogen fuelling station on the heights of Leh in Ladakh region. Amara Raja Power Systems is a part of the $1.3 billion strong Amara Raja Group. […] Read more
