AI’s Growing Energy Footprint: The Hidden Cost of Our Digital Future Updated On Wed, May 22nd, 2024 by Saurenergy It’s time to talk about Artificial Intelligence (AI), and its possible impact on the environment. Convenient as it may be, AI is an energy hog. A single ChatGPT query requires 2.9 watt-hours of electricity, compared with 0.3 watt-hours for a Google search, according to the International Energy Agency. At present, data centers worldwide consume 1-2% […] Read more
Sterling and Wilson Renewable’s Shilpa Urhekar Joins Gensol as CEO Updated On Tue, May 21st, 2024 by Saurenergy Shilpa Urhekar, previously, the Country Head (India) at Sterling and Wilson Renewable Energy has joined Gensol Engineering Limited, which specialises in solar power engineering, procurement, and construction (EPC) services, along with electric mobility solutions as its new Chief Executive Officer (CEO) for Solar EPC (India). Ms. Urhekar will succeed Ali Imran Naqvi who has been […] Read more
Stonepeak, CHC Form Japanese Battery Energy Storage Platform Updated On Fri, May 17th, 2024 by Saurenergy Stonepeak, an alternative investment firm specialising in infrastructure and real assets, and CHC, a battery energy storage system project development and electricity data management company headquartered in Singapore, have announced the creation of a platform focused on the development, construction, and operation of energy storage projects in Japan. The platform will focus on developing, constructing, […] Read more
SaurEnergy Explains: A Guide to Green Power Trading Updated On Fri, May 17th, 2024 by Saurenergy The world has witnessed exponential growth in the renewable energy sector, particularly over the last decade, as the importance of renewable energy has become common knowledge. According to one IRENA report, 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3,870 Gigawatts (GW) globally. Furthermore, renewables […] Read more
Australia’s Origin Energy To Establish 2 GWh Battery In Queensland Updated On Thu, May 16th, 2024 by Saurenergy Origin Energy has filed an environmental study with the Australian government for the construction of a new 500 MW/2,000 MWh battery energy storage facility to be developed near Kogan, approximately 40 km west of Dalby in Queensland’s Darling Downs region. The largest combined cycle gas-fired power plant in Australia, the 630 MW Darling Downs power […] Read more
Hitachi Energy Inks 3.5 GW Wind Power Transmission Deal In US Updated On Wed, May 15th, 2024 by Saurenergy Hitachi Energy announced that it has signed a multi-year agreement with Pattern Energy to support its high-voltage direct current (HVDC) technologies for the SunZia Transmission Project. The link will connect the 3,515-megawatt (MW) SunZia Wind project in New Mexico to Arizona and Western states, which will be one of the world’s largest transmission links delivering […] Read more
KPI Green Energy Approves Fundraising Proposal Worth Rs 1,000 crore Updated On Wed, May 15th, 2024 by Saurenergy KPI Green Energy has approved the proposal of raising Rs 1,000 crore in a recently held board meeting. According to a regulatory filing, KPI Green Energy will raise the funds through the issuance of equity shares of the Company or any other equity-linked securities of the Company or other securities convertible into or exchangeable for […] Read more
News Brief May 14 – BrightNight, Neoen, Energy Vault and ACEN Updated On Tue, May 14th, 2024 by Saurenergy BrightNight and Cordelio Power Achieve Financial Close on $ 414M Project Financing for 300 MW Box Canyon Project in Arizona BrightNight, a global renewable power producer built to deliver clean and dispatchable solutions, recently secured a US$414 million construction credit facility. BrightNight secure this credit facility with its joint venture partner Cordelio Power, for their […] Read more
May 14- Renewable Pack Outpaces Market Recovery Updated On Tue, May 14th, 2024 by Saurenergy On a day that the market recovered somewhat, green energy stocks easily outpaced the market recovery, save for Waaree Renewable Technologies, which remained locked at the lower circuit breaker of 5%. KPI Greem Shakti Pumps were both locked at the upper circuit, exhibiting the strong demand still around for these firms. Adani Green, Tata Power […] Read more
