Canadian Pension Firm & Mahindra Group Collaborate Strategically in RE Updated On Sun, Sep 18th, 2022 by Saurenergy The Mahindra Group and the Canadian-based pension firm, Ontario Teachers’ Pension Plan Board have announced a strategic alliance to take advantage of the expanding renewables market in India. Both parties have entered into legally binding agreements under which Ontario Teachers’ will purchase a 30% equity stake in Mahindra’s solar development arm, Mahindra Susten Pvt Ltd […] Read more
Agro-PV: Gauging India’s Agrivoltaics Potential Updated On Sat, Sep 17th, 2022 by Saurenergy According to the 2011 national census, agricultural and related sector activities employ 54.6% of the total workforce and contribute to 17.8% of the nation’s Gross Value Added (GVA). These stats show that despite the digital transformation that has taken place in the country, India is fundamentally an agrarian economy. Under its Mission 500GW, India has […] Read more
Husk Power Systems to Establish 80 Rural Microgrids; Signs Microdebt Facility with EDFI ElectriFI Updated On Thu, Sep 15th, 2022 by Saurenergy Husk Power Systems, operator of the largest fleet of solar-hybrid microgrids across rural Asia and Africa, has set its sights on electrifying 80 additional communities in India with $6 million in new debt financing from the EU- funded Electrification Financing Initiative (EDFI ElectriFI). What the Microgrids Offer The 80 solar microgrids will prove to be […] Read more
SolarPower Europe Demands EU Windfall Measures to Target Actual Profits Only Updated On Wed, Sep 14th, 2022 by Saurenergy Trade body SolarPower Europe has said that windfall revenue measures of power generators in Europe should target actual profits only and make an exemption for renewables that do not make windfall profits. It “should therefore not be subject to windfall measures,” it further added. The move comes even as energy prices across Europe test new […] Read more
Punjab to Solarize One Lakh Electric Agricultural Tubewells Updated On Wed, Sep 14th, 2022 by Saurenergy One lakh electric agricultural tubewells, currently in use by the state, would be powered by solar energy by the Punjab government. The Ministry of New and Renewable Energy had received a request to solarize 1 lakh grid-connected electric tubewells, and the Union Government had approved it while also setting a target of 1 lakh pumps […] Read more
Danish Energy Agency Works on World’s First Power-to-X Tender Updated On Tue, Sep 13th, 2022 by Saurenergy To address the schedule and framework for the world’s first Power-to-X (PtX) tender in Denmark, the Danish Energy Agency (DEA) will soon conduct a stakeholder conference. The DEA has now formed a secretariat for Power-to-X in addition to creating a PtX task force. The said tender is poised to be the world’s first power-to-X tender. […] Read more
Burail Jail, Chd: India’s First Jail to Run Entirely on Solar Energy Updated On Tue, Sep 13th, 2022 by Saurenergy Model Burail Jail in Chandigarh has set its sights on becoming the first prison in India to be 100 per cent solar-powered. Chandigarh Renewal Energy Science and Technology (CREST) awarded the final tender for the addition of a 210-kilowatt solar power plant to the existing 500 kilowatt unit of the Burail Jail. This will bring […] Read more
Gurugram’s Serentica Launches RE Platform with Hybrid Plant Installation Updated On Tue, Sep 13th, 2022 by Saurenergy Twinstar Overseas Limited-owned Serentica Renewables has launched a renewable energy platform in India to offer significant energy consumers in the nation round-the-clock (RTC) carbon-free power. Serentica Renewables is a division of Twinstar Overseas Ltd, which also holds a majority position in Sterlite Power Transmission and Sterlite Technologies. In addition, the company intends to set up […] Read more
North Sea Energy Cooperation Countries Eye 260-GW Offshore Wind by 2050 Updated On Tue, Sep 13th, 2022 by Saurenergy In major development that is expected to take Europe towards carbon free energy generation, the member countries of the North Sea Energy Cooperation (NSEC) group have announced that they would now target to add at least 260 GW of offshore wind energy by 2050. NSEC published the new targets after a meeting that was hosted […] Read more