ReNew Signs MoU with RackBank to Power India’s First Hyper-scale Data Center Updated On Tue, Aug 3rd, 2021 by Saurenergy Gurgaon-headquartered renewable energy company, ReNew Power today announced the signing of a Memorandum of Understanding (MoU) with RackBank Datacenters Limited (RackBank) to provide power through 100% renewable energy. RackBank is a data center platform providing data center services including but not limited to dedicated servers, managed servers, and colocation services. ReNew will supply power generated […] Read more
JSW Energy Partners with Australian Firm To Develop Green Hydrogen Projects Updated On Mon, Aug 2nd, 2021 by Saurenergy JSW Energy’s wholly-owned subsidiary, JSW Future Energy Ltd. has partnered with an Australian firm Fortescue Future Industries (FFI), to explore opportunities to develop green hydrogen projects in India. Under the agreement, FFI and JSW Energy will collaborate and work on potential projects for the production of green hydrogen and explore opportunities to utilize it for […] Read more
As Renew Solar Withdraws, 2 New Licences Issued for Power Trading Updated On Mon, Aug 2nd, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has issued three new orders pertaining to trading licences, approving Renew Solar’s surrender of its ‘Category IV’ inter-state trading licence and granting new ‘Category V’ inter-state trading licences to energy firms Shubheksha Advisors and Reneurja Power. In 2017, Renew Solar Services Private Limited was granted licence for Category IV to […] Read more
Russian Scientists Develop New Desalination Tech Using Solar Energy Updated On Mon, Aug 2nd, 2021 by Saurenergy Russia’s Ural Federal University (UrFU) power engineers have developed a new desalination technology, which is expected to significantly reduce the cost of desalination and quadruple the volume of production. The results of the research are published in the journal Case Studies in Thermal Engineering. Desalination plants deserve, and have attracted research efforts because of their […] Read more
CI NMF Commits $100 M to RE Investments with Amp Energy India Updated On Mon, Aug 2nd, 2021 by Saurenergy RE-focussed fund management company Copenhagen Infrastructure Partners (CIP) has signed an investment agreement through its Copenhagen Infrastructure New Markets Fund I (CI NMF) with Amp Energy India Private Limited. The agreement enables joint equity investments in excess of USD 200 million in renewable energy projects in India, with the potential for future expansion. Amp India […] Read more
OMERS Infrastructure to Pay $219 M for 19.4% Stake in Azure Power Updated On Mon, Aug 2nd, 2021 by Saurenergy Canada-based OMERS Infrastructure recently announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power Global Limited, for a total consideration of approximately US$219 million. Founded in 2008, Azure Power is a leading independent renewable power producer located […] Read more
S&W Solar Expands Menu, Adds Hybrid energy, Storage and Waste To Energy Updated On Fri, Jul 30th, 2021 by Saurenergy Sterling and Wilson Solar Limited (S&W Solar) has announced that it will be expanding its EPC (Engineering, Procurement and construction) solutions offerings to cover Hybrid energy projects as well now. Besides this, it will double don further on its energy storage solutions and waste to energy offering now. Hybrid energy solutions involve combining two or […] Read more
AEMO Plans 5 Energy Scenarios for Net Zero Latest by 2050 Updated On Fri, Jul 30th, 2021 by Saurenergy The Australian Energy Market Operator (AEMO) has published its “2021 Inputs, Assumptions and Scenarios Report” (IASR) incorporating five future energy scenarios which will inform AEMO’s 2022 Integrated System Plan (ISP). One of these scenarios, Hydrogen Superpower, comprises a zero emissions grid by 2035. The five scenarios are Slow Change, Steady Progress, Net Zero 2050, Step Change, […] Read more
Tata Power Tops CRISIL’s ESG Rankings Among Power Companies Updated On Thu, Jul 29th, 2021 by Saurenergy Tata Power, India’s largest integrated power company, has secured the highest score among its peers in the Indian Power sector in CRISIL’s, recently launched environmental, social and governance (ESG) scores. CRISIL, an S&P Global Company, is a provider of ratings, data, research, analytics, and solutions. By doing well on all ESG parameters viz. Environmental, Social […] Read more