China, Europe Will Lead World To Record-breaking RE Capacity In 2022 Updated On Wed, May 11th, 2022 by Saurenergy The International Energy Agency (IEA) said today (May 11) that China and Europe would lead the world to set a new record in renewable energy capacity in 2022 after which the momentum could drop in the following year. The findings come from IEA’s Renewable Energy Market Update for May, 2022. A press release issued by […] Read more
Karnataka to optimise RE with storage support Updated On Tue, May 10th, 2022 by Saurenergy The Karnataka government is making efforts to capitalise on its generation of renewable energy by boosting its storage capabilities to secure its growing requirement of power. A proposal to increase investments into creating more storage capacity is likely to be placed before the Basavaraj Bommai-led cabinet within the next few weeks. Karnataka is the leading […] Read more
Harsh Shah To Take Over As CEO At Azure Power From July 1 Updated On Mon, May 9th, 2022 by Saurenergy Azure Power has announced the appointment of Harsh Shah as CEO. He follows in the wake of the exit of Ranjit Gupta last month. Shah was previously the Chief Executive Officer of IndiGrid, India’s first and largest Infrastructure Investment Trust (InvIT) in the Indian energy sector. It owns, operates, and manages power transmission networks and […] Read more
Battery Boom Could Redraw Geopolitical Order Updated On Fri, May 6th, 2022 by Saurenergy Russia’s invasion of Ukraine has accelerated a shift to investment in renewables and storage batteries as a way to reduce dependence on imports of fossil fuels a large part of which comes from OPEC and Russia. Dependent on Russia for supply of gas everyday, Europe and USA are desperately trying to break free and access […] Read more
Hydro Rein, Atlas RE and ALBRAS to build self-production 438 MW solar project in Brazil Updated On Wed, May 4th, 2022 by Saurenergy Hydro Rein, Atlas Renewable Energy and ALBRAS are going to jointly develop, build and operate a self-production 438 MW solar plant in Paracatú, Brazil. The plant is meant for supply of long-term renewable power to primary aluminum plant of Albras. The proposed Boa Sorte solar plant is planned to turn operational in Q4 2023. Construction […] Read more
AGEL gets shareholders’ approval for Rs 3,850 cr invt by Abu-Dhabi firm Updated On Wed, May 4th, 2022 by Saurenergy Adani Green Energy Ltd (AGEL) has received the approval of shareholders for the issuance of over two crore shares worth around Rs 3,850 crore on a preferential basis to Green Energy Investment Holding RSC Ltd. The current principal shareholder of Green Energy Investment Holding RSC Ltd is Abu Dhabi-based IHC Capital Holding LLC. At the […] Read more
The Top 5: Upcoming Floating Solar Power Projects in India Updated On Wed, May 4th, 2022 by Saurenergy From the founding member of International Solar Alliance in 2015 to installing over 50 GW of solar power capacity, India has come a long way in harnessing this renewable form of energy. With some of the biggest upcoming floating solar power projects, India further looks forward to add to its already surging solar capacity. The […] Read more
India-German Agreement On Indo-German Green Hydrogen Task Force Takes Shape Updated On Wed, May 4th, 2022 by Saurenergy As a precursor to Prime Minister Narendra Modi’s official visit to Germany , India and Germany have signed a pact on Green Hydrogen. India’s Union Minister for Power and New and Renewable Energy, RK Singh and German Minister for Economic Affairs and Climate Change, Robert Habeck signed the joint declaration virtually whereby the two countries […] Read more
Ayana, Greenstat to Jointly Develop Green Hydrogen Projects in India Updated On Tue, May 3rd, 2022 by Saurenergy Ayana Renewable Power (Ayana) and Greenstat Hydrogen India have entered into a Joint Development Agreement (JDA) for the development of green hydrogen projects in India. Green Hydrogen is powered by renewable energy in the electrolysis process. Ayana Renewable Power is backed by National Investment and Infrastructure Fund (NIIF) and Greenstat Hydrogen India is a subsidiary […] Read more
