EU Will Increase Renewables Target: Timmermans, EU Climate Policy Chief Updated On Tue, Apr 12th, 2022 by Saurenergy Eliminating its dependence on Russian oil and gas seems to have a guaranteed a strong runway for renewables growth in the European Union. EU climate policy head Frans Timmermans has said that more ambitious targets are being developed for the EU for faster transition to renewable sources of energy. The announcement by Timmermans comes even […] Read more
SJVN, BHEL, REMC sign MoU to Develop Renewable Energy for the Railways Updated On Tue, Apr 12th, 2022 by Saurenergy Satluj Jal Vidyut Nigam (SJVN) has announced that it has signed a Memorandum of Understanding with other two state owned companies – engineering firm Bharat Heavy Electricals Limited (BHEL) and Railway Energy Management Company (REMC) Limited for the development of renewable energy projects. In an official statement SJVN Chairman and Managing Director (CMD), Nand Lal Sharma […] Read more
CERC Deviation Settlement Mechanism To Hurt Renewable Players, Says NSEFI Updated On Mon, Apr 11th, 2022 by Saurenergy In a letter to Indu Shekhar Chaturvedi, Secretary, the Ministry of New and Renewable Energy, the National Solar Energy Federation of India (NSEFI), a key developer body of renewable players has flagged major industry concerns on the Deviation Settlement Mechanism for renewable energy as notified by the Central Electricity Regulatory Commission (CERC). The new rules […] Read more
JSW Energy Begins Work at 225 MW Solar Power Project in Karnataka Updated On Fri, Apr 8th, 2022 by Saurenergy JSW Energy has announced that its subsidiary – JSW Renewable Energy Vijayanagar Ltd – has started operations of 225 MW solar power plants in Karnataka’s Vijayanagar. The official statement of JSW Energy said that the solar project is part of the 958 MW solar and wind projects that were announced earlier. Under the group captive […] Read more
Portugal’s floating solar energy auction sets world record negative price Updated On Wed, Apr 6th, 2022 by Saurenergy Portugal’s first auction of rights to build and operate floating solar plants on the surfaces of its reservoirs set a world record low price of minus 4.13 euros per megawatt hour for future output, the environment ministry said on Tuesday. The government assigned rights to install floating panels with capacity to convert sunlight into 183 […] Read more
Siemens Energy plans Multi-Gigawatt Electrolyser Factory in Berlin Updated On Mon, Apr 4th, 2022 by Saurenergy Siemens Energy has said that it will build a multi-gigawatt (GW) proton exchange membrane (PEM) electrolyser factory in Germany for green hydrogen. It said that the first 1GW segment will be made operational in 2023. The PEM electrolyser factory will be a highly automated facility that will be constructed in an existing production building which is already […] Read more
SJVN incorporates new arm for clean energy business Updated On Fri, Apr 1st, 2022 by Saurenergy State-owned Satluj Jal Vidyut Nigam (SJVN) on Thursday said it has incorporated a new subsidiary for executing renewable projects. The new subsidiary, SJVN Green Energy Ltd (SGEL), shall work in the verticals of power generation from renewable sources such as solar parks, wind & hybrid projects, battery energy storage system, assets creation in wave, biomass, […] Read more
NTPC generated record 360 BU of energy during FY21-22 Updated On Fri, Apr 1st, 2022 by Saurenergy NTPC, India’s largest integrated power generating company, has reported the highest-ever annual group generation of 360 BU (billion units) during FY2021-22, a growth of 14.6% compared to the previous year. During this period, NTPC states, the company also recorded the highest-ever single day generation of 1215.68 MU (Group) & 1013.45 MU (NTPC). The coal-based plants […] Read more
CIP, NZ Pension Fund Explore Wind Farm To Support 100% Renewable Target By 2030 Updated On Fri, Apr 1st, 2022 by Saurenergy New Zealand Superannuation Fund has partnered with Denmark based Copenhagen Infrastructure Partners (CIP) to explore the potential for large-scale offshore wind farms in the country. The projects may come up in a large bay on the western coast of North Island – South Taranaki Bight. The pension fund can invest $1.75 billion in a wind […] Read more
