Egypt allocates 5,200 sq km area for renewable energy development Updated On Fri, May 27th, 2022 by Saurenergy Just after the government official in Egypt revealed that the country will be producing some 10,000 MW of renewable energy next year, the New and Renewable Energy Authority (NREA) has now said that 5,200 square kilometer (sqkm) were allocated to establish renewable energy projects at different locations. The areas being allocated are meant for investments […] Read more
Tunisia to invite bids for 2,000 MW of renewable energy Updated On Fri, May 27th, 2022 by Saurenergy In order to reduce its dependence on fossil fuel imports, reduce carbon footprints and heighten the use of clean energy, the Energy Minister of Tunisia, Naila Nouira has announced that Tunisia is planning to launch international tenders seeking bids to build 2,000 megawatts (MW) of renewable electric power capacity. The minister held that the efforts […] Read more
Iraq investing $680 million in renewable energy projects Updated On Thu, May 26th, 2022 by Saurenergy Iraq authorities have approved an expenditure of one trillion Iraqi dinars or $680 million for the expansion and development for renewable power projects in order to reduce the dependence of imported power and enhance the use of RE in the country. The Central Bank of Iraq had planned to allocate the funds for solar power […] Read more
Statkraft May Supply Renewable Energy to Plants of FREYR Battery in Norway Updated On Thu, May 26th, 2022 by Saurenergy Europe’s largest renewable energy player – Statkraft – has signed a binding ‘Heads of Terms’ with FREYR Battery with an aim of converting it into a long-term physical supply agreement, with the ambition to secure a long-term supply of renewable power for FREYR’s planned battery cell production project in Mo i Rana city of Norway. […] Read more
Surat Municipal Body Saves Rs 65 Cr, Thanks To Renewable Power Updated On Thu, May 26th, 2022 by Saurenergy Setting up an example as to how renewable energy can help the government to save on its scarce revenue, Surat Municipal Corporation (SMC) in Gujarat has saved Rs 65 crore by the optimal use of solar power. The SMC has solarized as many as 60 of its offices in multiple departments with solar power panels. […] Read more
Electrical Renewables Lead Updated On Tue, May 24th, 2022 by Saurenergy Functions as a technical specialist or in a lead role. Under general direction, develops and applies advanced engineering techniques, concepts and approaches to complex engineering problems. May provide technical guidance over a group or supervise engineering staff on projects of low to medium complexity. May be responsible for developing, validating, and presenting specialist/technical output. Key […] Read more
Uttarakhand, BPCL Sign Agreement for Renewable Energy Development Updated On Mon, May 23rd, 2022 by Saurenergy The state government of Uttarakhand has announced that it has signed a Memorandum of Understanding (MoU) with Central Government owned Bharat Petroleum Corporation Limited (BPCL) to boost the renewable energy sector in the state. In the presence of Chief Minister of Uttarakhand, Pushkar Singh Dhami, the MoU was signed by R Meenakshi Sundaram, Power Secretary […] Read more
‘Coal to Renewable Energy’ is Cheaper than ‘Coal to Gas’: TransitionZero Study Updated On Fri, May 20th, 2022 by Saurenergy A new study from TransitionZero says that a shift from coal to clean energy is cheaper than switching to gas. Production and use of energy is the reason behind climate change. Electricity and heat produced during the employment of energy in various uses causes 35% of GHGs across the world. Coal alone is the highest […] Read more
RWE Issues €2 billion Green bond For Renewable Play Updated On Thu, May 19th, 2022 by Saurenergy In a major announcement, RWE has said that it has successfully issued a green bond with a total volume of €2 billion. The bond was issued in two tranches of €1 billion each. The maturities of the two will take place in 2026 and 2030. RWE has said that for the first tranche, the yield-to-maturity […] Read more