Google to Buy Wind Energy from Ørsted for US Datacenters Updated On Mon, Apr 3rd, 2023 by Saurenergy In a quest to step-up the decarbonisation of its activities, tech giant Google has signed a 150 MW PPA with Danish energy major Ørsted for the purchase of renewable energy generated by Helena Wind Farm for the next 15 years. The Ørsted wind project was commissioned last year and provides low-cost electricity to the South […] Read more
South Pole And Oorja To Use New D-RECs For India’s Diesel Problem Updated On Mon, Apr 3rd, 2023 by Saurenergy The D-REC Initiative, a new not-for-profit platform to deliver internationally recognised guarantees of origin from distributed renewable energy, has announced that its new market mechanism and technology has been adopted by farming-as-a-service company, Oorja Development Solutions, and climate advisory and finance business, South Pole, to support last-mile communities in India transition to renewable energy. Approximately […] Read more
Sushil Virmani is New Managing Director of Best Power Equipments (BPE) Updated On Mon, Apr 3rd, 2023 by Saurenergy End-to-end strategic power solutions manufacturer Best Power Equipments Pvt Ltd (BPE) has appointed Sushil Virmani as the Managing Director of the company. The company said that Sushil Virmani, a veteran of the power industry, will be instrumental in fueling the growth of BPE as a global player. Before this, Virmani was the MD of Socomec […] Read more
GIG, Shell Energy To Deliver 200MW Australian Energy Storage System Updated On Fri, Mar 31st, 2023 by Saurenergy Green Investment Group (GIG) and Shell Energy Operations (Shell Energy) have partnered to deliver a utility-scale battery energy storage system (BESS) in Cranbourne, Victoria. GIG belongs to Macquarie Asset Management. GIG said that once fully operational, the 200MW / 400MWh Rangebank BESS will have the storage capacity to power the equivalent of 80,000 homes across […] Read more
India’s Energy Transition – State of Play and Interesting Lead Indicators Updated On Fri, Mar 31st, 2023 by Saurenergy Energy Transition has transformed from mere buzz word a decade ago to a ray of hope for our future. A nation’s energy transition journey encapsulates a wide gamut of subjects – policies, schemes, finances, economic growth, technology. In a series of articles to be published, we will explore these subjects pertaining to India. But from […] Read more
JSW Energy Closes Mytrah Deal For 1.7 GW Renewable Portfolio At Rs 10,530cr Updated On Fri, Mar 31st, 2023 by Saurenergy JSW Neo Energy, the fully owned subsidiary of JSW Energy has announced that it has acquired a renewable energy generation portfolio of 1,753 MW from Mytrah Energy (India) Pvt Ltd. JSW Energy said that this acquisition is made of 15 SPVs and 13 ancillary SPVs of Mytrah Energy having a total renewable energy stalled capacity […] Read more
Ascend Elements Opens Largest EV Battery Recycling Facility of North America Updated On Fri, Mar 31st, 2023 by Saurenergy As recycling continues to emerge as a key pillar of the Lithium battery question, Ascend Elements has opened its first commercial-scale lithium-ion battery recycling facility this week. The facility is claimed to be the largest in the US, the world’s largest auto market. Ascend Elements said that located in Covington, Georgia, the $50 million Base […] Read more
India & Sri Lanka Build Momentum Further on Renewable Energy Updated On Wed, Mar 29th, 2023 by Saurenergy A memorandum of understanding (MoU) on renewable energy is in the offing between India and Sri Lanka. The Island nation is striving for the generation of 70 per cent of its electricity requirements from renewable sources by the end of the decade and the agreement will facilitate this goal. As per a member of the […] Read more
NTPC Renewable Energy Limited Signs Term Sheet with Greenko Subsidiary For RTC Power of 1300 MW Capacity Updated On Wed, Mar 29th, 2023 by Saurenergy NTPC Renewable Energy Ltd, a wholly owned subsidiary of NTPC Green Energy Limited, has signed Term Sheet with Greenko ZeroC Pvt Ltd (A Greenko Group Company) on 28th March, 2023 to Supply 1300 MW Round the Clock (RTC) RE Power for powering Greenko’s upcoming Green Ammonia Plant at Kakinada, India. The Term Sheet was signed […] Read more