The $12 Billion dollar Question. When Promoter, Group And Subsidiary All Go For a Cleanup Updated On Fri, Apr 1st, 2022 by Saurenergy Cleanups don’t go deeper than this. The Anil Agarwal owned $12 billion Vedanta Group, a mining major that has had its share of confrontations with environmentalists worldwide, has embarked on a major green push. It’s a push accompanied by similar moves at Subsidiary Hindustan Zinc limited. And not just that, all this comes even as […] Read more
ENGIE North America Gets $800m Financing for 665 MW Wind, Solar Projects Updated On Fri, Apr 1st, 2022 by Saurenergy ENGIE North America has announced that the company has successfully completed Tax-Equity financing for its Iron Star (Kansas) and Priddy (Texas) wind projects and Equity financing for the portfolio of these assets along with Hawtree solar project. The solar project was recently declared commercially operational. Together the projects total 665 MW. ENGIE says that leading […] Read more
Lightrock Power to Build 400 MW Solar Projects in UK Updated On Fri, Apr 1st, 2022 by Saurenergy After ‘farming friendly’, animal friendly solar is also getting here. Bristol based solar power developer Lightrock Power has announced that the company plans to develop a number of solar projects in the United Kingdom that will be ‘wildlife-friendly.’ The combined capacity of the solar projects will be 400 MW. As per Lightrock Power, these upcoming […] 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
Maersk Supply Wins Key Order For Wind Turbine Installation Vessel Updated On Thu, Mar 31st, 2022 by Saurenergy Empire Offshore Wind has placed an order with Maersk Supply Service for a new-build wind turbine installation vessel (WTIV) which the company has been designing since 2019. Offshore wind turbine calls upon a lot of the learnings, and resources used for offshore oil drilling, one reason why oil firms prefer to invest in this option […] Read more
Andrew Forrest, The Aussie Metals Billionnaire-turned Green Investor Updated On Thu, Mar 31st, 2022 by Saurenergy “Our organisations will be going like crazy because for us it’s a minimum $50 billion expenditure,” said Fortescue Metals Group’s billionaire founder Andrew Forrest this week while referring to a major agreement, as per which his Australian iron ore mining company will produce 10 million tonnes of hydrogen for German energy giant E.ON. Fortescue later […] Read more
Queensland Goes With Tesla Megapack Batteries for 100MW BESS Project Updated On Thu, Mar 31st, 2022 by Saurenergy The state government of Queensland has announced that the state owned power company CS Energy will build a 100MW battery energy storage system (BESS) by using Tesla Inc’s Megapacks batteries to support renewable power. The move comes despite the well publicised accident involving the megapacks in Australia’s Victoria Big Battery project earlier in July last […] Read more
Global wind & solar power growth on track to meet climate targets: report Updated On Wed, Mar 30th, 2022 by Saurenergy Solar and wind power can grow enough to limit global warming to 1.5C if the 10-year average compound growth rate of 20% can be maintained to 2030, independent climate think tank Ember said in a report on Wednesday. Solar generation rose 23% globally in 2021, while wind supply gained 14% over the same period. Together, […] Read more
Milky Mist Dairy commissions 7 MW solar power plant in Tamil Nadu Updated On Wed, Mar 30th, 2022 by Saurenergy Tamil Nadu-based dairy products manufacturer Milky Mist Dairy has commissioned a 7 MW solar power plant at Kavilipalayam village in the city of Erode on March 21, seeking to itself as the forerunner in environmental sustainability. Milky Mist, with an annual turnover of Rs 1,100 crore, has embarked on switching over to renewable green energy […] Read more
