Crypto mining employing solar energy legalized in Uzbekistan Updated On Thu, May 5th, 2022 by Saurenergy A presidential decree published this week ben in Uzbekistan says that the companies in the country will be allowed to mine cryptocurrencies by employing solar power. The decree makes it clear that these solar powered crypto operations by both domestic and foreign companies will be exempt from the income tax. The objective behind this presidential […] Read more
Origis Energy Secures $375 Million Credit for Solar, Storage Projects Updated On Thu, May 5th, 2022 by Saurenergy Origis Energy has announced the close of a $375 million credit facility for its solar and energy storage development project pipeline. This innovative facility for the renewable energy industry bundles Letter of Credit and equipment financing to fund the growing presence of Origis in clean energy assets. CIT, a division of First Citizens Bank, along […] Read more
Germany’s Solarwatt in tie-up to boost household energy self-sufficiency Updated On Thu, May 5th, 2022 by Saurenergy Germany’s Solarwatt has entered a partnership with home technology and heating specialist Stiebel Eltron to help households escape dependence on fossil fuels, the solar company said on Wednesday. Owners of rooftop photovoltaic (PV) systems can save money and carbon emissions if they store unused electricity in batteries to be used later around the house, to […] Read more
Tata Power Renewables commissions 120 MW solar project in Gujarat Updated On Wed, May 4th, 2022 by Saurenergy Tata Power Renewable Energy has commissioned a 120 MW solar project in Masenka, Gujarat. Tata Power Renewable Energy Limited (TPREL), a 100 per cent subsidiary of Tata Power, has commissioned the solar project, which will produce 305247 MWh annually for Gujarat Government (GUVNL), a company statement said. In the installation, approximately 3.81 lakhs modules were […] Read more
‘Big Battery’ fuels revenue jump at French renewables group Neoen Updated On Wed, May 4th, 2022 by Saurenergy French renewable power producer Neoen ‘s first-quarter revenue jumped by more than a third, helped by the commissioning of one of the world’s largest lithium-ion batteries in Australia, the company said on Tuesday. Neoen, which specialises in solar farms, onshore wind and energy storage, posted overall sales up 36 per cent at 109 million euros […] Read more
Developing Economies Such As India Can Have Climate Resilient Energy Independence Updated On Wed, May 4th, 2022 by Saurenergy Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […] Read more
With Energy Supplies On Edge, Delhi’s Poor Solar Record Comes Back To Bite It Updated On Mon, May 2nd, 2022 by Saurenergy Even as an unprecedented heatwave across most of India, especially North India sends temperatures soaring, Delhi, one of the most polluted cities in the world, has barely achieved its clean energy goals and increased its dependence on non-renewable sources of energy. This, despite some of the most ambitious plans to green up. The capital has […] Read more
Odisha Continues To Take Small Steps Towards Renewables, Adds Solar Panels in schools Updated On Mon, May 2nd, 2022 by Saurenergy The Odisha Government is making strides in the realm of solar power development that is bringing multidimensional changes in the everyday life of the people. In a fresh instance, the Chief Secretary of the state, SC Mohapatra, has unveiled a solar power system in a government high school in Ganjam district’s Narayanpatna area. There would […] Read more
Shell Signs Agreement To Acquire Sprng Energy Group For $1.55 Billion Updated On Fri, Apr 29th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India. Its […] Read more
