NHPC, Torrent To Invest Rs 71,000 Crore On Energy Storage, Renewable Energy In Maharashtra Updated On Tue, Jun 6th, 2023 by Saurenergy Government owned hydropower major central PSU NHPC Ltd and Ahmedabad-headquartered Torrent Power have signed separate MoUs with the state government of Maharashtra for the development of storage projects and other renewable energy. With regards to the deal signed by NHPC, the central PSU said in a regulatory filing that it will establish four energy storage […] Read more
NTPC Likely To Add 5,000 MW Of Renewable Energy Capacities Annually Updated On Mon, Jun 5th, 2023 by Saurenergy India’s largest power sector PSU (Public Sector Utility)-NTPC Limited, is likely to add around 4,000 MW to 5,000 MW of renewable energy annually to achieve its ambitious clean energy target. The PSU has targeted adding up to 60 Gigawatt (GW) of installed renewable power capacity by 2032. However, in the short term, the power behemoth has planned […] Read more
Ørsted, ESB To Deliver Upto 5 GW Renewable Energy in Ireland Updated On Sun, Jun 4th, 2023 by Saurenergy ESB, Ireland’s energy company and Danish clean energy major Ørsted have signed an agreement to jointly develop an Irish offshore wind portfolio. With the agreement, which marks the most ambitious partnership in Ireland to date, Ørsted becomes a 50/50 partner in a pipeline of offshore wind development projects off the Irish coast. The partnership is […] Read more
Lightsource bp Secures $460 Million For 368-MW Utility Scale Solar Projects Updated On Fri, Jun 2nd, 2023 by Saurenergy Global renewable energy firm Lightsource bp has closed on a $460 million multi-project financing package, which will support the construction and operation of a 368 MW portfolio. This RE portfolio comprised of two utility-scale solar projects in the United States. The debt for this project has been managed by Bank of America, ING Capital, Lloyds […] Read more
Capgemini Offices in India Reach 100% Renewable Energy Updated On Wed, May 31st, 2023 by Saurenergy Multinational information technology services and consulting firm Capgemini has announced that its facilities in India are operating on 100 percent renewable energy (RE). This allows the firm to avoid over 70,000 tonnes of carbon emissions per annum. The firm transitioned to 100 percent renewable energy through onsite renewable energy generation, offsite renewable energy purchase through […] Read more
SIDS to Strive for New Goal of 10 GW Renewable Energy Installed Capacity by 2030 Updated On Wed, May 31st, 2023 by Saurenergy The International Renewable Energy Agency (IRENA) has released its report entitled, ‘SIDS Lighthouses Initiative: Progress and way forward’. The report places an emphasis on the urgency to deal with the impact of climate change on Small Island Developing States (SIDS). At the 27th meeting of the United Nations Climate Change Conference of Parties (COP27), held […] Read more
RERC Asks Railways To Install ABT Meters To Avail Wind Energy From Rajasthan Updated On Tue, May 30th, 2023 by Saurenergy In its latest order, the Rajasthan Electricity Regulatory Commission (RERC) asked the Indian Railways to install ABT (Availability Based Tariff) Meters for hassle-free consumption of green energy from Rajasthan. ABT Meters are frequency-based price mechanisms mainly used when unscheduled electricity-related transactions occur. The RERC order came to the fore after the discoms in Rajasthan moved a […] Read more
ONGC Plans Rs 1 Lakh Crore Investment For Energy Transition Updated On Mon, May 29th, 2023 by Saurenergy State owned oil and gas producer ONGC has announced an investmen worth Rs 1 lakh crore by the end of this decade (2030) on energy transition projects. Most of the investments will be made on renewable energy projects. ONGC has already declared its target of achieving net zero carbon emissions by 2038. The fresh announcement […] Read more
5 Solar Energy Myths That Need To Be Buried For Good Updated On Mon, May 29th, 2023 by Saurenergy Despite the many benefits that solar energy offers, it continues to be shrouded in myth. However, in the recent past, particularly the last five years, solar has overcome challenges, and many myths, like few heralded energy sources before it. Saur Energy deflates the most common myths around solar. We hope these have not kept you […] Read more
