India Will Blacklist Renewable Energy Companies for Missing Deadlines Updated On Fri, Feb 17th, 2023 by Saurenergy The Union Ministry of New and Renewable Energy (MNRE) has issued an order which says that renewable energy firms could be blacklisted in case they fail to meet deadlines to complete renewable energy projects. The order states that the blacklisting will be for a period of three to five years. India has introduced blacklisting of […] Read more
India’s Renewable Energy Installation Stands at 168 GW, Coal-Based Power Grows 536 MW in a Year Updated On Thu, Feb 16th, 2023 by Saurenergy Central Electricity Authority has revealed in its installed electricity capacity report that the renewable energy capacity of the country has crossed 168 GW but the speed of the RE expansion doesn’t give out a comfortable picture considering India’s 2030 targets. The RE installed capacity of India as on January 31, 2023 stands at 168,399 MW. […] Read more
Switzerland Seeks To Adapt For Solar Energy With AlpinSolar Plant Updated On Thu, Feb 16th, 2023 by Saurenergy Switzerland, the rich alpine country with what many would consider limited solar potential, has certainly started trying harder. The AlpinSolar power plant on Lake Muttsee Dam in Switzerland has become the first in the country with 5,000 solar panels. The dam is 2,500 meters above sea-level and is surrounded by snow capped peaks. It is […] Read more
EU Approves €2.08 Billion for Offshore Wind Energy Project in France Updated On Tue, Feb 14th, 2023 by Saurenergy The European Commission has approved a EUR 2.08 billion French measure to support offshore wind energy production in France. The decision has been taken under EU State aid rules. The measure will contribute to achieving France’s energy and environmental targets, as well as the objectives relating to the EU’s Offshore Renewable Energy Strategy and the […] Read more
D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification Updated On Fri, Feb 10th, 2023 by Saurenergy D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing […] Read more
Delhi To Seek 6000 MW From Renewable Sources by 2025-26 Updated On Fri, Feb 10th, 2023 by Saurenergy The Delhi Government has set sights on augmenting power generation from renewable sources by 6000 MW in the span of the next three years, Deputy Chief Minister of Delhi, Manish Sisodia has announced. This will be achieved through a slew of initiatives. He added that the city’s electricity demand is on the rise and the […] Read more
GE Renewable Energy To Upgrade 39 Substations In Nepal Updated On Thu, Feb 9th, 2023 by Saurenergy GE Renewable Energy’s Grid Solutions Business is set to modernise 39 substations in Nepal, providing a boost to the country’s power transmission and distribution infrastructure. Supported by the Asian Development Bank (ADB), the project includes construction of six Master Control Centers (MCCs) that will be monitored by GE Digital Solutions. A Modern Power Infrastructure for […] Read more
Chemical Czar LyondellBasell Signs PPAs for 560 MW Renewable Energy Updated On Thu, Feb 9th, 2023 by Saurenergy Global chemical conglomerate LyondellBasell has announced that it has signed the first two European renewable electricity power purchase agreements (PPAs) and two additional PPAs in the United States to help decarbonize its operations. The combined additional contracts represent a total of approximately 560 MW of renewable energy capacity. As per the official statement, LyondellBasell has […] Read more
India Energy Week: Important Announcements, Intriguing Innovations Updated On Wed, Feb 8th, 2023 by Saurenergy On the platform of the ongoing Indian Energy Week, held at Karnataka, several key announcements have been made and intriguing innovations have been unveiled. Here is a recap of them- “Karnataka has highest number of EV; is highest RE manufacturer” Karnataka Chief Minister Bommai has said that Karnataka has 15,000 MW worth of in-stand renewable […] Read more