BP to take 40% stake in AREH – The $36 billion Green Hydrogen Focused Project In Australia Updated On Thu, Jun 16th, 2022 by Saurenergy Energy major BP has announced that it will acquire a 40.5 per cent equity stake in the Asian Renewable Energy Hub (AREH) to become operator of it. BP said that AREH has the potential to be one of the largest renewables and green hydrogen hubs in the world. AREH is located in the Pilbara region […] Read more
ReNew Analyst Call Highlights- Module Mfg Hiked To 6 GW, Corporate PPA Market, More Backward Integration Updated On Thu, Jun 16th, 2022 by Saurenergy Nasdaq listed ReNew Energy Global (ReNew Power), which announced its Q4 results for FY 22 yesterday (June 15), hosted its analyst call later in the evening. We bring you some of the key highlights from the call, where Founder, Chairman and CEO Sumant Sinha Spoke, along with new CFO Kedar Upadhye, Chief Sustainability Officer Vaishali […] Read more
Power Crisis, RPO Drives Haryana Regulator to Approve 1100 MW of Renewable Purchases Updated On Wed, Jun 15th, 2022 by Saurenergy The Haryana Electricity Regulatory commission, in two orders within days of each other, has approved total RE purchases of 1100 MW for the state. Driven by both the power crisis being experienced by the state as well as the pending and future RPO obligations, the state regulator did make the Hydro power purchase from NTPC […] Read more
Total Energies Joins Adani Enterprises To Build ‘Largest Green Hydrogen Ecosystem’ Updated On Tue, Jun 14th, 2022 by Saurenergy Adani, India’s fastest-growing diversified business portfolio, and energy supermajor TotalEnergies of France, have entered into a new partnership to jointly create the world’s largest green hydrogen ecosystem. In this strategic alliance, TotalEnergies will acquire 25% minority interest in Adani New Industries Ltd (ANIL) from Adani Enterprises Ltd (AEL). Adani Enterprises is effectively the incubation arm […] Read more
Tata Power DDL Gears Up To Add 400 MW RE To Power Updated On Tue, Jun 14th, 2022 by Saurenergy Tata Power Delhi Distribution Ltd (DDL) is working to increase the supply of renewables to 50% of its overall supplies in the next five years. At present, the renewable profile of the company is around 21% of the discom’s supplies. The company is preparing for a peak load of about 2350 MW this year. The […] Read more
Investment Crunch, Discoms Twin Hurdles to India’s 2070 RE target : Moody’s Updated On Mon, Jun 13th, 2022 by Saurenergy Moody’s Investors Service said in a report on June 13 that India needs a shift in its energy mix toward renewable energy and improve financial health of state owned distribution companies (discoms) if it is to reach its net-zero emission by 2070. It is worth remembering that in just the Modi government’s tenure, we have […] Read more
Canadian BIPV Firm Mitrex Launches PV Plus Noise Barriers For Highways Updated On Mon, Jun 13th, 2022 by Saurenergy Mitrex, a Toronto-based manufacturer of integrated photovoltaics, has released its latest product—a photovoltaic noise barrier (PVNB). Offering a Noise Reduction Coefficient (NRC) rating of up to 0.7 through ASTM C423 testing, solar power production, and enhanced aesthetics for use on roads and highways. In collaboration with noise barrier industry players including Durisol and Silentium Group, Mitrex was […] Read more
Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market Updated On Mon, Jun 13th, 2022 by Saurenergy Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from BITS Pilani. Having helped build robotics solutions in India’s first deep […] Read more
MSEDCL Invites Bids From Across The World For Power From 500 Mw Updated On Mon, Jun 13th, 2022 by Saurenergy Taking a different path from previous bids, Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids from across the world to procure power from 500 MW of intrastate grid-connected solar power projects (Phase-VII) for 25 years. Previous bids meant for purchase of power were invited from both interstate or intrastate grid connected solar projects. […] Read more
