Kenya’s State-Owned Utility Ken-Gen to Add 3000 MW RE to National Grid in Decade Updated On Fri, Jan 6th, 2023 by Saurenergy Kenya Electricity Generation Company (KenGen), which is a power utility owned by the State, has revealed that it has planned 3000 MW of renewable energy to the national over the span of the decade. Currently, KenGen has an installed capacity of 1,904 MW. It will look into tapping another 10,000 MW of clean energy. “The […] Read more
RE Firm Green Genius Expands Solar Portfolio in Poland Updated On Fri, Jan 6th, 2023 by Saurenergy Renewable energy firm Green Genius and Poland-based banking group mBank have entered into a financial transaction worth PLN220m (€46m) that will pave the way for the establishment of a 69 MW solar portfolio. Currently, Green Genius has large presence in the Polish market and this is the largest deal by the firm here. The first […] Read more
Altus Buys 220 MW Solar Portfolio from RE Equity Firm TGC in USA Updated On Fri, Jan 6th, 2023 by Saurenergy Connecticut based renewable energy infrastructure private equity firm, True Green Capital Management has announced that it has signed a binding agreement last week with Altus Power to sell a portfolio of approximately 220 megawatts (MW) of distributed solar assets. The value of the deal is revealed as $293 million. TGC and Altus Power expect the […] Read more
L&G NTR Acquire Three Solar Power Projects Of 115 MWp In Spain Updated On Thu, Jan 5th, 2023 by Saurenergy The L&G NTR Clean Power Fund has announced that it has acquired three Spanish pre-operational solar power projects from BayWa r.e. L&G NTR Clean Power Fund is managed by Legal & General Investment Management and NTR which again is a renewable energy specialist. The three solar power projects, two of which are located in Castilla […] Read more
Delhi Solar Policy 2022- A Model For All MegaCities? Updated On Thu, Jan 5th, 2023 by Saurenergy The draft Delhi State Solar Policy is finally out for public comments, with a deadline of February 3 for responses. At the outset, the policy sets some ambitious goals for itself. A total of 6000 MW of installed solar capacity which shall include 750 MW of rooftop solar within the State and 5250 MW of […] Read more
IEX December Power Trading Update Updated On Thu, Jan 5th, 2023 by Saurenergy India’s premier energy exchange, The Indian Energy Exchange, has achieved 8452 MU total volume in December 2022, including Green Power trade of 377 MU, and 4.87 lac RECs (equivalent to 487 MU). The total electricity volume on the Exchange in December ’22 was 7964 MU, an increase of 8% on MoM and 4% on YoY […] Read more
Modi Cabinet Approves Rs 19744 cr For Green Hydrogen Initiatives Updated On Wed, Jan 4th, 2023 by Saurenergy The government’s Green Hydrogen Mission for India got a shot in the arm with the formal approval of Rs 17,490 crore for the same by the Union cabinet today. The allocation is expected to be used for a special PLI (Performance Linked Incentive) scheme for manufacturing a base for electrolysers and other related equipment for […] Read more
NTPC Delivers 295.4 Billion Units , Growth Of 11.6% During Apr-Dec 2022 Updated On Tue, Jan 3rd, 2023 by Saurenergy National Thermal Power Corporation, India’s largest power generating company, has announced that it has recorded a generation of 295.4 billion units of power during April to December period of 2022. NTPC held that through this it has registered a growth of 11.6 per cent compared to the same period of the previous year (2021). NTPC […] Read more
US Electrical Generation by RE Sources Grows by 14.3% in Past Year, Solar Share Over 5% Updated On Tue, Jan 3rd, 2023 by Saurenergy As per a report by the SUN DAY Campaign of data which was recently shared by the U.S. Energy Information Administration (EIA), the country’s electrical generation from renewable sources of energy in the first ten months of 2022 stood at 23%. The concluding issue of EIA’s “Electric Power Monthly” report series further shared that during […] Read more
