Citizens Financial Group to Source 100% Renewable Power from Ørsted Updated On Thu, Sep 22nd, 2022 by Saurenergy Rhode Islands-based Citizens Financial Group has announced that it has entered into a power purchase agreement (PPA) with Ørsted to support the construction of the Sunflower Wind Project that will match 100% of Citizens’ power consumption across its entire operational footprint with renewable energy credits. Citizens said the Sunflower Wind Project is a 200 MW […] Read more
BHE Renewables to Invest $500m in RE-Powered Site in West Virginia Updated On Wed, Sep 14th, 2022 by Saurenergy West Virginia Governor Jim Justice has announced that BHE Renewables, a Berkshire Hathaway Energy business, has entered into an agreement with the State of West Virginia to purchase more than 2,000 acres of land in Ravenswood, and develop it as a renewable energy microgrid-powered industrial site. The firm will be making an investment of $500m […] Read more
Ministry of Power Modifies Rules for Purchasing RTC Renewable Energy Updated On Fri, Sep 9th, 2022 by Saurenergy The parameters for the tariff-based competitive bidding process to purchase round-the-clock (RTC) power from grid-connected renewable energy projects have been amended, according to the Ministry of Power (MoP). Under Section 63 of the Electricity Act of 2003, these regulations were first released in July 2020. The current amendment permits producers of renewable energy to combine […] Read more
NTPC, DVC Incorporate Green Valley Renewable Energy as Joint Venture Updated On Wed, Sep 7th, 2022 by Saurenergy The National Thermal Power Corporation (NTPC) has confirmed through a filing before the Bombay Stock Exchange (BSE) that its green energy arm NTPC Renewable Energy has incorporated Green Valley Renewable Energy to develop, operate and maintain renewable energy parks and projects. The new company will be a joint venture of NTPC with Damodar Valley Corporation […] Read more
The Top List. Key Foreign Investors in Indian Renewable Sector Updated On Mon, Sep 5th, 2022 by Saurenergy Investors are moving to the renewable energy markets across the globe. Some of the largest foreign investors are finding it ideal to pour their investments into the Indian renewable sector. India promises highly favourable weather conditions and a willingness to rapidly develop the clean energy industry. In fact, it is one of the top destinations […] Read more
Odisha’s New Renewable Policies for 2022–30 Eye Green Energy Updated On Thu, Aug 25th, 2022 by Saurenergy The International Forum for Environment, Sustainability and Technology (iFOREST), an independent non-profit environmental research and innovation organisation, has started a discourse on creating the roadmap with an emphasis on the creation of green energy and jobs as Odisha prepares to create its new renewable policies for 2022–30. By the end of this year, the current […] Read more
Tata Power Renewable Microgrid & SIDBI To Form Green Enterprises For Rural Entrepreneurs Updated On Mon, Aug 22nd, 2022 by Saurenergy To commemorate the Azadi Ka Amrit Mahotsav, Tata Power Renewable Microgrid Limited (TPRMG), a wholly owned subsidiary of Tata Power and Small Industries Development Bank of India (SIDBI), have joined hands to launch an innovative program that will see 1,000 green energy enterprises established throughout the nation. The Government of India’s vision of Atmanirbhar Bharat will […] Read more
NYSERDA Funds $30M for Technical Solutions for Grid Integration of Renewable Power Updated On Fri, Aug 19th, 2022 by Saurenergy The New York State Energy Research and Development Authority (NYSERDA) has announced providing a further funding of $30 million in the third round of the Future Grid Challenge for projects that identify solutions to the technical challenges of integrating renewable resources into the electric grid. The official statement of NYSERDA said that up to $3 […] Read more
Liberty Acquires Renewable Natural Gas Platform; Partners On Hydrogen Hub Project Updated On Wed, Aug 17th, 2022 by Saurenergy US power utility Liberty has announced the completion of its acquisition of Sandhill Advanced Biofuels- a leading renewable energy company that looks to upgrade biogas to renewable natural gas. Sandhill Advanced Biofuels boasts of a portfolio of four projects in the state of Wisconsin, USA. Liberty is a wholly-owned subsidiary of Algonquin Power & Utilities […] Read more
