Wartsila Wins Contract For Delivering Australia’s Largest Energy Storage Project Updated On Thu, Apr 20th, 2023 by Saurenergy Origin Energy has selected technology group Wartsila as their preferred contractor to deliver energy storage solutions for Australia’s largest energy storage projects in the first phase. The project in its first phase has plans to have 460 Megawatt (MW) and 920 MW of energy storage systems. These Eraring batteries will be stationed at Origin’s Power […] Read more
Lithuanian firm AEI Raises EUR 92 Million For Renewable Energy Investments Updated On Thu, Apr 20th, 2023 by Saurenergy Lithuania based investment company Atsinaujinančios Energetikos Investicijos (AEI) has announced that it has raised EUR 92 million in past two years and the investments will be made in the renewable energy sector. AEI is managed by Lords LB Asset Management. The company has made investments in the development of solar power plants in Poland and […] Read more
BPCL Targets 240 MW Renewables Expansion This Fiscal Updated On Thu, Apr 20th, 2023 by Saurenergy Public sector fuel marketing major Bharat Petroleum Corporation (BPCL) is mulling for the development of 240-MW of renewable power capacity this fiscal year of 2023-24. A senior official of BPCL held that the renewable expansion of the firm will be achieved at the cost of Rs 1600 crore. BPCL was in line for divestment by […] Read more
In Bangladesh, Rickshaw VPPs Are The Latest Energy Innovation Updated On Thu, Apr 13th, 2023 by Saurenergy Electric three wheelervehicles have become one of the crucial engines for the surge of EVs worldwide, especially in Asian markets, such as India, China, and Bangladesh. For instance, Bangladesh today has more EVs on the road than Tesla has sold globally to date, as per a white paper named “The Rickshaw VPP” by a climate-tech […] Read more
ADB, Tata Power Delhi Distribution Collaborate for Grid & BESS Enhancement in Delhi Updated On Mon, Apr 10th, 2023 by Saurenergy The Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power, have announced that they have signed an agreement to subscribe to non-convertible debentures for Rs 1.5 billion ($18.2 million) to enhance Delhi’s power distribution through grid enhancements. The agreement also involves a $2 million grant to partially […] Read more
Europe Slips Up, Again, On Meeting Climate Goals Updated On Thu, Apr 6th, 2023 by Saurenergy Two contrasting reports have dominated the renewable energy landscape of Europe this week: One, the European Union policymakers have agreed to double the renewable use by 2030 through massive RE installations. Two, a WindEurope report finds that Europe has invested lowest in offshore wind since 2009 in 2022, a mere EUR 17 billion in new […] Read more
Government Plans For Bids Totaling 250 GW of Green Energy By March 2028 Updated On Mon, Apr 3rd, 2023 by Saurenergy A government memo has revealed that India will be issuing tenders for the installation of 250 GW of green energy capacity in the country by March 2028. According to the Government memo, India will be inviting bids from developers for the installation of 15 GW of renewable energy capacity each in the starting two quarters […] Read more
Canada Joins The Race To Offer Clean Energy Manufacturing Incentives Updated On Fri, Mar 31st, 2023 by Saurenergy After the US and it’s Inflation Reduction Act, The European subsidies for local manufacturing and India’s very own Production Linked Incentives (PLI) scheme it is now apparently the turn of Canada to get on to the local manufacturing bandwagon. The federal government led by Justin Trudeau has announced plans to introduce tax credit incentives and […] Read more
Hidroelectrica & Masdar Form JV for Green Projects in Romania Updated On Wed, Mar 22nd, 2023 by Saurenergy Romanian energy firm Hidroelectrica and UAE renewable energy firm Masdar have signed a joint venture agreement to build wind farms offshore and floating solar parks in Romania. Speaking on the occasion, Bogdan Badea, the President of Hidroelectrica, said, “The initialing by Hidroelectrica and Masdar is one of the most important joint venture agreements intended for […] Read more
