Clean Power Can Reduce India’s Dependence On Gas For Peak Demand: IEEFA Updated On Wed, May 29th, 2024 by Saurenergy The Institute for Energy Economic and Financial Analysis (IEEFA) in its recent report found that new and cleaner options could soon replace the role of gas-based power in meeting peak electricity demand in India. India’s peak power demand, which, according to government forecasts, is likely to cross 350 gigawatts (GW) by 2030. The IEEFA in […] Read more
Indowind Witness Rs 61.50 Lakh Profit In March 2023, Q4 Updated On Tue, May 28th, 2024 by Saurenergy Chennai-based wind energy company Indo Wind recently released its quarterly result report. Indowind Energy has wind farms, manages wind assets, and generates green power for sale to utilities and corporations. In its March quarter, Indo Wind reported a profit of Rs 61.50 lakh. whereas, last year, the company reported a loss of Rs 25 crore. […] Read more
Hitachi Energy To Build HVDC Link To Connect Tasmania To Mainland Grid In Australia Updated On Tue, May 28th, 2024 by Saurenergy Marinus Link Pty Ltd (MLPL) has selected Hitachi Energy to supply a high-voltage direct current (HVDC) project, which will augment the connection between mainland Australia and Tasmania’s grid. The approximately 345-kilometer cable route HVDC system will enable the flow of renewable power in both directions between the Victorian and Tasmanian states. For the first time […] Read more
News Brief May 24- Appalachian Power, Amresco UK Battery, Colombian Solar Project Updated On Fri, May 24th, 2024 by Saurenergy Appalachian Power Issues Tenders for 1.1 GW of Renewable Energy Supply In US Appalachian Power (APCo), headquartered in the United States, has announced the release of three Requests for Proposals (RfP) for 1.1 GW projects for securing power and Renewable Energy Certificates (RECs) from wind and solar projects, as well as from battery energy storage […] Read more
Microsoft Inks Deal With RWE To Purchase Wind Power From 446 MW Texas Farm Updated On Fri, May 24th, 2024 by Saurenergy RWE, the US-based renewable energy company, has signed two 15-year Power Purchase Agreements (PPAs) with Microsoft Corporation. Under the PPAs, Microsoft will purchase clean electricity from two new RWE onshore wind farms in Texas. The official groundbreaking for the RWE Peyton Creek II onshore wind farm has just taken place and for the Lane City […] Read more
Senior Engineer – Grid Integration and Stability Updated On Fri, May 24th, 2024 by Saurenergy Consulting Services a part of GE Vernova, has offices in multiple countries and offers our global clients (external & internal GE) a wide range of solutions across the entire spectrum of power generation, delivery, and utilization. Our Power Systems Engineering team utilizes their deep knowledge of connected power grid planning, design, operation, and life-cycle management, […] Read more
Land Issues Slowing Down RE Projects In South Asia: Bloomberg Updated On Thu, May 23rd, 2024 by Saurenergy According to a recent report by Bloomberg’s New Energy Outlook (BNEF), renewables can overtake fossil fuels to reach 51% of power supply in 2030, 63% in 2040, and 70% in 2050. Bloomberg reported the current scenario and found that the global electricity demand based on the Economic Transition Scenario (ETS) grew by over 70% from […] Read more
Soleos Solar Energy Secures Rs 48.5 Crore Renewable Energy Funding Updated On Thu, May 23rd, 2024 by Saurenergy Soleos Solar Energy has announced that it has raised Rs 48.5 crore for portfolio development and working capital for the renewable energy business. According to a release from Soleos Solar Energy, participants in the investment round included Faruk G Patel, CMD of KP Group, Pawan Agarwal, Head of PCG at InCred Capital, Madhuri Madhu Kela, […] Read more
ABAN Power & Venterra Firm Form India Offshore Wind Alliance Updated On Wed, May 22nd, 2024 by Saurenergy ABAN Power and Gavin and Doherty Geosolutions (GDG), a division of the Venterra Group, have formed an alliance to expedite offshore wind projects and energy infrastructure throughout Asia-Pacific, including India. The objective of this partnership is to assist India in reaching its 2030 target of 500 GW of renewable energy capacity. Through the combination of […] Read more
