Canada Launches $800 M RE & Grid Modernisation Program Updated On Fri, Jun 4th, 2021 by Saurenergy Seamus O’Regan Jr., Canadian Minister of Natural Resources, recently launched a CAD 964 million (USD 800 mn) program that will support smart renewable energy and grid modernisation projects over four years, aiming to lower emissions and help the country achieve carbon neutrality by 2050. “Our new Smart Renewables and Electrification Pathways Program will increase our […] Read more
NSW Govt Opens ROI for 8 GW RE Zone in New England, Australia Updated On Fri, Jun 4th, 2021 by Saurenergy The New South Wales (NSW) government yesterday opened the registrations of interest (ROI) process to invite generation, storage and network developers to be a part of the state’s second Renewable Energy Zone in New England (New England REZ), Australia. The ROI will be open for six weeks from Thursday June 3 to Friday July 16, 2021. The […] Read more
CWP & Mauritania In MOU to Build Green H2 Plant, but will Citizens Benefit? Updated On Thu, Jun 3rd, 2021 by Saurenergy NSW-headquartered renewable energy developer CWP Global recently announced that it has signed a Memorandum of Understanding (MoU) with the government of Mauritania for the development of a 30GW green hydrogen project. CWP claims that the project, called Aman, will be the world’s biggest renewable energy project, exporting green hydrogen and its derivatives to global markets. […] Read more
Ranking Top 10 Solar Tracker Firms Worldwide Updated On Wed, Jun 2nd, 2021 by Saurenergy A solar tracker is a device deployed along with solar panels, directing the latter towards the sun. Trackers not only maximise the energy capture but also further boost the efficiency of the overall power generation process through minimising the angle of incidence – or the angle that a ray of light makes with a line […] Read more
BP Acquires 9 GW Solar Portfolio in the U.S. Updated On Wed, Jun 2nd, 2021 by Saurenergy British oil and gas giant BP plc announced yesterday that it is purchasing 9 GW of solar development projects in the US from independent US solar developer 7X Energy, pouring $220 million and 1 GW of “safe harbour” equipment into the deal. The projects are expected to meet bp’s laid down low carbon investment criteria, […] Read more
Suzlon Wins 252 MW Wind project from CLP India Updated On Wed, Jun 2nd, 2021 by Saurenergy Suzlon Group, a wind energy major announced yesterday (Tuesday) that it had secured an order for developing a 252-megawatt (MW) wind power project from CLP India. The project is part of the bid won by CLP India in SECI’s VIII tranche of wind projects, some of which have been delayed significantly due to land availability […] Read more
Is ‘Oil Miracle’ Middle East Now Seeking to Become a Hydrogen Capital? Updated On Tue, Jun 1st, 2021 by Saurenergy In the wake of hydrogen, especially green hydrogen (produced through electrolysis using renewable energy), being posited as an ideal alternative to fossil fuels for producing electricity, the oil powerhouse Middle East has set out to become a major producer of the new clean fuel—green H2. Many oil-dependent economies within the OPEC (Organization of the Petroleum […] Read more
Lightsource BP to Invest €900 mn in Portugal to Build 1.3 GW Solar Plants Updated On Mon, May 31st, 2021 by Saurenergy London-based solar power developer Lightsource bp, a 50:50 joint venture with oil and gas company bp, recently announced that it has partnered with Portuguese local company INSUN to build five large-scale solar plants in Portugal, which are expected to add over 1.35 GW of low-carbon, renewable power to Portugal’s energy mix. The company plans to […] Read more
AER Report Q1 FY21: Solar Eclipses Gas as Electricity Source in Australia Updated On Fri, May 28th, 2021 by Saurenergy The Australian Energy Regulator (AER) recently published its Quarterly Wholesale Markets Report for the first three months of this year, reporting that large-scale solar generated more electricity than the average amount produced by gas for the first time in Australia. In Q1 FY21, wholesale electricity spot prices were lower than expected, with volume weighted average prices […] Read more
