Djibouti Inks Pact For 10-GW Renewables & Green Hydrogen Project Updated On Thu, Dec 8th, 2022 by Saurenergy A Memorandum of Understanding (MoU) has been signed between renewable energy developer CWP Global and the government of Djibouti for the development of a 10-GW renewable energy and green hydrogen project in Djibouti. Djibouti presently has a mere 62% of its population that has access to electricity. CWP Global held that the RE project is […] Read more
Nexus Energy Partners with Green-e to Offer Certified Renewable Energy Option Updated On Wed, Dec 7th, 2022 by Saurenergy North America based power marketing firm Nexus Energy has announced that it is enhancing its sustainability-focused product offerings to include the Nexus Renewable Energy Certificate (REC) program, certified by the non-profit Center for Resource Solutions’ Green-e Energy program which is a global leader in clean energy certification. Alvin Tang, CEO, Nexus Energy, said, “Nexus Energy […] Read more
Germany Looks to Fund India’s Energy Transition Projects with €1 billion Updated On Fri, Dec 2nd, 2022 by Saurenergy Germany has proposed to fund India’s energy transition projects with €1 billion. The projects are to be executed all over the country under a bilateral partnership between the two countries on green and sustainable development. As per discussions held between India and Germany, the funding will pave the way for over 20 projects spread over […] Read more
Solar Establishes Itself in 2022 in India With Growth, Highest Generation Share Among Renewables Updated On Fri, Dec 2nd, 2022 by Saurenergy The share of solar power is finally making a significant impact on total generation numbers, as October data from the Central Electricity Authority indicates. From a total installed capacity share of over 15% (61+ GW out of 408 GW of total installed capacity in India), in October, solar’s share in actual generation numbers also hit […] Read more
The Top 5: Why Data Centres Are A Favourite To Shift To Renewable Energy Updated On Tue, Nov 29th, 2022 by Saurenergy Whenever you use the internet, you’re connecting to one of the millions of servers distributed across hundreds of data centres located worldwide. Yes, these are the ‘cloud’ servers every digital user today is familiar with. While they are crucial for tech giants, people may not realise that these centres, with their extensive security requirements, and […] Read more
Green Markets: Playing a Pivotal Role in Renewable Energy Integration Updated On Mon, Nov 28th, 2022 by Saurenergy The Indian power sector is undergoing a paradigm shift with rapidly increasing renewable capacity addition in the system. Renewable electricity generation has seen over 15 per cent compounded annual growth rate over the last few fiscal years (2016-17 to 2021-22) vis-à-vis a total growth of around 3.5 per cent. The country now boasts of a […] Read more
Ontario Teachers’ to Invest $805 Mn of NextEra’s Renewable Energy Projects Updated On Wed, Nov 23rd, 2022 by Saurenergy Ace global investor Ontario Teachers’ Pension Plan Board (Ontario Teachers’) has said that it has signed an agreement to invest approximately $805 million in a convertible equity portfolio financing with NextEra Energy Partners. Ontario Teachers’ said that it is committed to the investment as part of the sale of renewable energy assets from NextEra Energy Resources, […] Read more
Finance Minister Nirmala Sitharaman Launches ‘Women in Solar Energy’ Portal Updated On Wed, Nov 23rd, 2022 by Saurenergy Women should be at the center of energy transition and drive India’s renewable energy journey growth story, says India’s Finance Minister, Nirmala Sitharaman at the NSEFI’s (National Solar Energy Federation of India) ‘Women in Energy’ event. On November 21, 2022, The National Solar Energy Federation of India (NSEFI) hosted a conference on women in the […] Read more
Masdar, Jordan’s Ministry of Energy Sign Pact for 2 GW RE Projects Updated On Fri, Nov 18th, 2022 by Saurenergy UAE flagship renewable energy developer Masdar has signed an MoU with Jordan’s Ministry of Energy and Mineral Resources to explore collaboration in renewable energy projects with a total capacity of up to 2 GW. The MoU was signed by Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar, and […] Read more