NTPC Allocates 5 GW to Green Hydrogen, Ammonia from its 2032 RE Targets Updated On Tue, Dec 13th, 2022 by Saurenergy State-owned power provider NTPC anticipates the employment of 5 GW of its 60 GW green portfolio objective by 2032 in the green hydrogen and ammonia market, according to Mohit Bhargava, Chief Executive Director of NTPC REL. As far as the hydrogen business is concerned, NTPC has already launched three pilot projects. One is based in […] Read more
Costs Related to REC Certificates Hiked 2x to 10X By CERC Updated On Tue, Dec 13th, 2022 by Saurenergy In an order dated Dec 9, the Central Electricity Regulatory Commission has accepted the demand of the National Load Despatch Centre (NLDC), the designated entity for registration and issuance of REC (Renewable Energy Certificates) to increase charges linked to the certificates. NLDC had submitted that it was losing money in the whole process, and consequently, […] Read more
India’s Biggest Data Center Player NTT India to Power Data Centres with Solar Power Updated On Mon, Dec 12th, 2022 by Saurenergy The NTT Group, the biggest data center player in India a global leader in offering people, customers, and communities technology and business solutions. The firm has said it will employ power from solar energy to maintain its environmental goals. The firm boasts of $108 billion in revenue and over 330,000 workers throughout more than 80 […] Read more
Mainstream, Ocean Winds, Statkraft Collaborate with Aker Solutions for Floating Wind Updated On Mon, Dec 12th, 2022 by Saurenergy Global renewable energy company Mainstream Renewable Power, Ocean Winds and Statkraft have signed an MoU with Aker Solutions, in Norway to collaborate on offshore wind at Utsira Nord. The official statement held that Mainstream, Ocean Winds and Statkraft are in a consortium to pursue an application to develop floating wind power at the Utsira Nord […] Read more
Abu Dhabi Exports Office to Finance Solar Facility in West Africa Updated On Mon, Dec 12th, 2022 by Saurenergy Set up by Abu Dhabi Fund for Development for financial purposes, the Abu Dhabi Exports Office (ADEX), will provide loan worth AED92 million ($25 million) to augment the capacity of a solar facility in Togo, West Africa. Towards this goal, ADEX has entered into an agreement with the Ministry of Economy and Finance in Togu […] Read more
Netherlands Looking to Tender its Largest Offshore Wind Power Projects Next Year Updated On Mon, Dec 12th, 2022 by Saurenergy The Netherlands is expediting to expand the renewable energy development in a bid to end fossil fuel imports from Russia and decarbonize its economy. In a latest key development, the Netherlands’ Ministry of Economic Affairs and Climate Policy (EZK) has said that it is working on plans to amalgamate the first four offshore wind energy […] Read more
Tamil Nadu Poised to Add 25 GW Wind Capacity by 2030: GWEC Updated On Mon, Dec 12th, 2022 by Saurenergy As per a report by Global Wind Energy Capacity Council (GWEC), Tamil Nadu has the potential to add 25 GW of new wind capacity by 2030. With an existing installed capacity of close to 9 GW, the state does have plans in the pipeline for a further 13 GW already by 2030. The roadmap developed […] Read more
Lightsource BP Concludes Financing on Australian Solar Projects Updated On Mon, Dec 12th, 2022 by Saurenergy Leading solar developer Lightsource BP has reached financial close on Australian solar projects of 515 MW worth US$365 mn. This 515 MW project capacity entails 425 MW Wellington North Solar Farm that is under development near Dubbo in central west New South Wales (NSW) and the 90 MW Wunghnu Solar Farm located in Victoria’s Goulburn […] Read more
Korkia & Solmar Consulting Join Hands to Set up 1 GW Solar Projects in Finland Updated On Mon, Dec 12th, 2022 by Saurenergy Finnish investment firm in renewable energy, Korkia and US-based developer of renewable energy, Solmar Consulting have joined hands for the establishment of solar capacity worth 1 GW in southern, western and south-western Finland. The two firms are already cooperating for the development of multiple solar parks, which are in the works currently. The parks will […] Read more
