Japan’s ORIX Corporation Completes Acquisition of Shares in Greenko Updated On Mon, Mar 8th, 2021 by Saurenergy ORIX has completed the acquisition of shares in Greenko Energy taking 21.8% of the firms’ shares for a total value of approx USD 961 million. ORIX Corporation (ORIX) has announced that it has completed the acquisition of shares in Greenko Energy Holdings (Greenko) as reported by both firms on September 11, 2020. Simultaneous to acquiring […] Read more
As Solar Spreads, Shrinking Space for Wind Updated On Wed, Mar 3rd, 2021 by Saurenergy It was one of the lesser noticed misses caused by the 2020 pandemic. In fact, we had predicted it in our own January 2020 issue. When Solar capacity would overtake wind in India. But come 2021, and wind energy has finally been overtaken. The news, when it was finally confirmed, couldn’t have been announced with […] Read more
PAT Cycle-II has Resulted in CO2 Emission Reduction of 70 MT: RK Singh Updated On Wed, Mar 3rd, 2021 by Saurenergy RK Singh in appreciation of the implementation of PAT Cycle – II, said that it has resulted in CO2 emission reduction of about 70 MT With an objective to accelerate Energy Transition in industrial sectors, Union Minister for Power, New and Renewable Energy RK Singh, recently chaired an interaction session with top management of energy-intensive […] Read more
The Hydrogen Roadmap to 2030. Updated On Tue, Mar 2nd, 2021 by Saurenergy Underpinned by a global shift of regulators, investors, and consumers towards decarbonisation, Hydrogen (H2) is receiving unprecedented interest and investments. And a new report developed collaboratively by the Hydrogen Council and McKinsey & Company, has tried to provide an overview of these developments in the hydrogen ecosystem. The report ‘Hydrogen Insights: A Perspective on Hydrogen […] Read more
Neoen Completes Financing for 300 MW Victorian Big Battery in Australia Updated On Mon, Mar 1st, 2021 by Saurenergy Neoen has announced that it has achieved financial close on the Victorian Big Battery, a 300 MW / 450 MWh battery storage facility in Victoria Neoen has announced that it has achieved financial close on the Victorian Big Battery, a 300 MW / 450 MWh battery storage facility located near Geelong, in Victoria. The project […] Read more
SK Group Closes $1.6 Billion Investment in Plug Power to Advance Hydrogen Strategy Updated On Sat, Feb 27th, 2021 by Saurenergy Creation of Hydrogen Business Development Center and investments in core hydrogen businesses support SK’s goal of making sustainable energy solutions a reality for more people SK Group, South Korea’s largest energy provider and third-largest conglomerate, announced today the close of a $1.6 billion investment and strategic partnership with Plug Power Inc., a leading provider of hydrogen fuel cell and […] Read more
Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac Updated On Fri, Feb 26th, 2021 by Saurenergy Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie. The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […] Read more
RP Global to Develop a 1GW Solar PV and Wind Project Pipeline in Poland Updated On Wed, Feb 24th, 2021 by Saurenergy Renewable energy developer and investor RP Global is investing in the development of Solar PV and wind power projects across the country. Wojciech Glocko, former EPA Wind and utility manager, has been hired to head up project development together with a team of senior local experts from Poland’s leading public and private renewable energy organisations. RP Global is working […] Read more
TERI, POSOCO Sign MoU to Strengthen Research-Industry Interaction in Power Sector Updated On Tue, Feb 23rd, 2021 by Saurenergy TERI & POSOCO to work together to strengthen research-industry interaction for knowledge sharing, capacity building in the Indian power sector The Energy and Resources Institute (TERI) and the Power System Operation Corporation (POSOCO) Limited today signed a Memorandum of Understanding (MoU) to work together to strengthen research-industry interaction for knowledge sharing and capacity building through […] Read more
