NTPC Signs MoU with Ladakh For Country’s First Green Hydrogen Mobility Project Updated On Tue, Jul 13th, 2021 by Saurenergy NTPC Renewable Energy Ltd. (REL) has signed a Memorandum of Understanding (MoU) with the Union Territory of Ladakh to set up the country’s first Green Hydrogen Mobility project. NTPC REL, a wholly-owned subsidiary of NTPC, announced that this MoU will enable it to help Ladakh develop a carbon-free economy based on renewable sources and green hydrogen. This […] Read more
Lightsource bp Raises Euro 52M For 100MW Solar Projects in Spain Updated On Tue, Jul 13th, 2021 by Saurenergy European solar developer Lightsource bp has successfully raised a Euro 52 million term loan from leading financial backers for its Barrica solar projects in the Aragon region of Spain, giving the green light for construction to begin on two 49.5MWp solar sites. Leading financial backers include Banco Sabadell, Natwest, Santander, and Intesa Sanpaolo, which provided the necessary financial […] Read more
Woodmac Predicts Low Solar Achievement Rates for India By 2030 Updated On Tue, Jul 13th, 2021 by Saurenergy Market Research firm Wood Mackenzie (Woodmac) says that Asia Pacific solar photovoltaic (PV) capacity could triple to 1,500 gigawatts (GW) by 2030. China To Remain Leader Even as China will remain leader in the region, woodmac says low completion rates in India mean the country will miss its 100 GW solar target for 2022, […] Read more
Wind Farms in Brazil’s Northeast Hit New Peak Generation Record, Again! Updated On Mon, Jul 12th, 2021 by Saurenergy The Brazilian Northeast wind parks generated their peak —11,548 MW — at 23:56 local time on July 8, according to data from the National Electric System Operator (ONS). The volume produced by wind parks accounted for 99.2% of the regional need. This is the second time the region has broken its generation record this month. The previous […] Read more
BlackRock raises $250 M for Climate Projects in Asia, Latin America, Africa Updated On Mon, Jul 12th, 2021 by Saurenergy New York-based investment management company BlackRock has secured over $250 million from global investors and governments for the Climate Finance Partnership (CFP), which was introduced at the One Planet Summit in September 2018 under the leadership of French President Emmanuel Macron. CFP is a flagship blended finance vehicle that is designed to invest in climate solutions and […] Read more
SECI Issues Tender for 100 MW Solar Plant in Chhattisgarh Updated On Mon, Jul 12th, 2021 by Saurenergy The Solar Energy Corporation of India (SECI) on Friday (July 9) released a tender for the Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) Solar PV Project with Land having 15 years Plant O&M At Chhattisgarh. SECI had earlier issued a tender for land parcels in the state for 100 MW […] Read more
New York Allocates $12.5 M for Green H2 Exploration Updated On Fri, Jul 9th, 2021 by Saurenergy New York will use $12.5 million of state funds for long-duration energy storage technologies and pilot projects exploring the potential for green hydrogen production, said Governor Andrew M Cuomo recently. To support the state’s decarbonisation goals and its pledge to cut its carbon footprint by 85% by 2050, New York is also collaborating with the […] Read more
CSP Startup Heliogen To Merge With SPAC Athena Technology Acquisition Corp Updated On Fri, Jul 9th, 2021 by Saurenergy In a late announcement yesterday, Athena Technology Acquisition Corp. said it is combining with Heliogen Inc., a provider of AI-enabled concentrated solar power. The move that will take Heliogen public, while providing the special purpose acquisition firm (Athena) a purpose finally. Following the business combination, Athena will be renamed Heliogen Inc. and remain listed on […] Read more
RE Capacity Addition to Grow to 11GW in FY22, Predicts ICRA Updated On Fri, Jul 9th, 2021 by Saurenergy While renewable energy capacity addition reduced by 1.3 GW last year due to coronavirus-induced disruptions, ICRA expects the capacity addition to improve to 10.5-11 GW in FY22, led by a strong project pipeline of approximately 38 GW. Additionally, more than 20 GW RE projects are under the tendering phase from various nodal agencies, providing visibility […] Read more
