SJVN incorporates new arm for clean energy business Updated On Fri, Apr 1st, 2022 by Saurenergy State-owned Satluj Jal Vidyut Nigam (SJVN) on Thursday said it has incorporated a new subsidiary for executing renewable projects. The new subsidiary, SJVN Green Energy Ltd (SGEL), shall work in the verticals of power generation from renewable sources such as solar parks, wind & hybrid projects, battery energy storage system, assets creation in wave, biomass, […] Read more
Cochin Airport to Be Power-positive With New Solar Plant from March 6 Updated On Mon, Feb 28th, 2022 by Saurenergy The Cochin International Airport Limited (CIAL), the world’s first airport fully powered by solar energy, is to become power-positive with the commissioning of its new solar power plant near Payyannur in Kannur district of Kerala. Chief Minister of the State Pinarayi Vijayan would inaugurate the 12 MWp solar power plant on March 6, Managing Director […] Read more
Corporate PPA market overtakes utility PPA’s in Europe in 2021, changes foreseen Updated On Mon, Feb 14th, 2022 by Saurenergy Corporate contracted capacity in Europe hit 6.5GW in 2021, versus 4.6GW for utility PPAs, making it the first time corporate PPA’s overtook utility PPA’s in Europe. This is disclosed in a report by renewable advisory firm, Pexapark, in its report titled European PPA Market Outlook 2022. The resurgence of corporate PPA’s, at a time when […] Read more
Led by Amazon, Corporates Bought 31.1 GW Clean Energy in 2021: BNEF Updated On Wed, Feb 2nd, 2022 by Saurenergy Corporations bought a record 31.1 gigawatts of clean energy through power purchase agreements, or PPAs, in 2021, up nearly 24% from the previous year’s record of 25.1GW, according to research firm BloombergNEF (BNEF). Over two thirds of this purchasing (65%) occurred in the U.S. However, also underpinning the strong growth is a surge in activity […] Read more
China Now A Superpower In Offshore Wind Too, With Highest Installs In 2021 Updated On Thu, Jan 27th, 2022 by Saurenergy Offshore Wind, one of the last renewable energy bastions where European manufacturers and countries still dominated, has finally seen China arrive in style in 2021. Figures shared across multiple sources including the National Energy Administration of China place China’s offshore wind capacity additions in 2021 at 17 GW. That figure takes total offshore wind capacity […] Read more
Thanjavur Corporation Moves Closer to First Solar Plant Updated On Thu, Jan 20th, 2022 by Saurenergy Completing a project first initiated in January last year, the Thanjavur Corporation will tap soon be able to tap solar power to generate 3 megawatts of electricity for its consumption from a solar power plant being set up on the outskirts of the town under the Smart City Project. The ground mounted solar project has […] Read more
Investor Pressure For ESG Compliance To Drive Corporates Towards Renewables In 2022 Updated On Tue, Jan 18th, 2022 by Saurenergy A New Report from Wood Mackenzie posits that there is a real near term risk for corporates and renewable firms as they invest to decarbonise the energy system. Decarbonisation is the lynchpin of the global strategy to meet the 1.5-degree warming scenario influencing companies’ planning. The report, Corporate power and renewables: 5 things to look […] Read more
