KKR Launches New RE Platform ‘Stellar Renewable Power’ Updated On Thu, Dec 9th, 2021 by Saurenergy Investment firm KKR has launched “Stellar Renewable Power”, a new platform that aims to source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source opportunities through greenfield development and acquisitions of early-stage assets from other developers. Renewable energy expert Vijay Venkatachalam will lead Stellar. […] Read more
CERC Declines To Step in For Change In Law Petition From Mahindra Renewables Updated On Wed, Dec 8th, 2021 by Saurenergy In a recent judgement, the Central Electricity Regulatory Commission (CERC) rejected Mahindra Renewables Private Limited’s arguments in its petition regarding Change of Law (CIL) rules with respect to a power purchase agreement (PPA) signed with Solar Energy Corporation of India Limited (SECI) in December 2018. Mahindra Renewables petitioned CERC, seeking that the imposition of safeguard duty on […] Read more
Aussie Firm Plans 1 GW Offshore Wind Farm to Power Aluminium Smelter Updated On Wed, Dec 8th, 2021 by Saurenergy Alinta Energy, a green firm based in Australia, has announced the potential for a 1000 MW wind farm to be established around 10km off the coast of Portland, in southwestern Victoria, that could supply the Portland Aluminium Smelter and east coast electricity grid. The Spinifex Offshore Wind Farm would connect to the grid via the […] Read more
Green Hydrogen Powered India: From Vision to Reality Updated On Wed, Dec 8th, 2021 by Saurenergy Announcements of grand plans by Mukesh Ambani and Gautam Adani, and the partnership between L&T and ReNew have added serious ability behind the intent to produce green hydrogen in India The fact that India is not an energy self-reliant economy is well-known. Just a few weeks ahead of the Glasgow Summit, in August’21, Prime Minister […] Read more
Unused Solar Power Could Produce 1/3 of Residential Heat: US Scientists Updated On Wed, Dec 8th, 2021 by Saurenergy Space heating is one of the largest contributors to climate change produced by industrialized nations, creating an urgent need for carbon-free heating. Recent advances suggest that passive solar energy as a heat source can and should be part of a sustainable solution, said US National Science Foundation (NSF). Researchers at the University of Oregon, funded […] Read more
Europe & US Boost Their Domestic Wind Energy Industries Updated On Tue, Dec 7th, 2021 by Saurenergy Announcements of new projects and partnerships — Vineyard Wind 1, Valmont SM’s new wind turbine tower factory at Port of Esbjerg, and the Nigg Offshore Wind factory, to name a few — indicate that Europe and the US are ramping up their wind manufacturing capacity to gain a strong foothold in the much anticipated renewable energy-powered […] Read more
Energy Major Equinor Buys 45% Stake in UK Battery Maker Noriker Power Updated On Tue, Dec 7th, 2021 by Saurenergy Equinor has signed an agreement with Noriker Power Limited, a battery storage developer in the United Kingdom focusing on the engineering and project development of utility scale storage and stability services. The agreement includes the acquisition of a 45% stake in Noriker, with an option to acquire the full company at a later stage. In […] Read more
220MWh Japanese Power Transfer Vessel’s Prototype to be Ready 2025 Updated On Tue, Dec 7th, 2021 by Saurenergy Japanese startup PowerX has entered into a capital and business alliance with shipbuilder Imabari Shipbuilding to jointly develop the first prototype of its “power transfer vessel” — Power ARK — by the end of 2025, said a recent official statement. Imabari Shipbuilding has also invested 1 billion yen (US$8.86 million) in PowerX through this capital […] Read more
Sungrow Launches Ultra Powerful Inverter- SG350HX Updated On Tue, Dec 7th, 2021 by Saurenergy Sungrow has launched its new star inverter, Sungrow’s star inverter, the SG350HX. The ultra strong string inverter achieves a max. power of 352kW, perfectly matching 182mm/210mm PV modules and leading to a higher DC/AC ratio. The inverter is considered the best solution from the firm to power the latest round of projects awarded under Malaysia […] Read more
