CERC Deviation Settlement Mechanism To Hurt Renewable Players, Says NSEFI Updated On Mon, Apr 11th, 2022 by Saurenergy In a letter to Indu Shekhar Chaturvedi, Secretary, the Ministry of New and Renewable Energy, the National Solar Energy Federation of India (NSEFI), a key developer body of renewable players has flagged major industry concerns on the Deviation Settlement Mechanism for renewable energy as notified by the Central Electricity Regulatory Commission (CERC). The new rules […] Read more
CIP, NZ Pension Fund Explore Wind Farm To Support 100% Renewable Target By 2030 Updated On Fri, Apr 1st, 2022 by Saurenergy New Zealand Superannuation Fund has partnered with Denmark based Copenhagen Infrastructure Partners (CIP) to explore the potential for large-scale offshore wind farms in the country. The projects may come up in a large bay on the western coast of North Island – South Taranaki Bight. The pension fund can invest $1.75 billion in a wind […] Read more
Bulgaria May Add 4.9 GW of Renewable Energy by 2031 Updated On Wed, Mar 30th, 2022 by Saurenergy According to a draft plan created by the Electricity System Operator (ESO), the transmission authority of Bulgaria, the country is expected to see an increase of 5.9 GW in the overall national power capacity by 2031. Out of this, 4.9 GW is expected to come from renewable sources. The ESO document says that the total […] Read more
Tamil Nadu Reclaims No. 1 Spot for Renewable Energy Updated On Mon, Mar 21st, 2022 by Saurenergy Tamil Nadu has recently made it to the top of the list of Indian states ranked as per their overall installed renewable energy capacity, seizing the position from Karnataka. Interestingly, the latter toppled Tamil Nadu in 2018 to become the leader in total installed capacity in the clean energy sector, following big capacity additions in […] Read more
Mainstream Renewable, Aker buy 50% stake in 800MW offshore wind plant in Japan Updated On Tue, Mar 15th, 2022 by Saurenergy Wind and solar company Mainstream Renewable Power and Aker Offshore Wind have closed a deal which will give them a 50% stake in a 800 megawatt (MW) floating offshore wind project in Japan, the companies said on Monday. The other 50% stake in the project belongs to renewable energy project developer Progression Energy. Mainstream is […] Read more
How Australia’s States Are Leading The Renewables Push Updated On Fri, Mar 11th, 2022 by Saurenergy Australia’s states have taken the lead in the push for renewables, with Tasmania setting a 200% target for renewable energy by 2040. NSW and South Australia have also made aggressive plans. The country already has a rooftop solar penetration of over 30%, the highest in the world, making rooftop solar the largest contributor to its […] Read more
European Commission President Bats for Hydrogen and Renewables to Russian Overhang Updated On Mon, Mar 7th, 2022 by Saurenergy European Commission President Ursula von der Leyen has said that Europe must expedite expansion of renewables and hydrogen to achieve energy security and displace Russian gas dependency. Just as political, diplomatic, economic and other sanctions continue to heap over Russia for its armed struggle in Ukraine, many European countries – including Germany – have faced […] Read more
Renewable Energy Provider, charging network tie up to push EV’s in Texas Updated On Fri, Mar 4th, 2022 by Saurenergy Among the many challenges facing the global electric vehicles (EV) industry today is the need to construct business models that, rather than being limited to value chains or industry competitors, can address the broader value network or ecosystem. This means that because EVs integrate a variety of previously independent actors — for instance, electric utilities […] Read more
Renewable Energy to Power First Lithium Mines of North America Updated On Thu, Mar 3rd, 2022 by Saurenergy Canadian mining major Snow Lake Lithium which has plans to open the first lithium mine in North America in the near future says the mining will be done using renewable energy completely. As per Snow Lake Lithium, the lithium resource mining will start in the province of Manitoba in Canada in 2024 or 2025. The […] Read more