No Import of Fossil Fuel Under Aatmanirbhar Bharat Vision: RK Singh Updated On Fri, Jul 17th, 2020 by Saurenergy Zero dependence on fossil fuel is required to fully realise the vision behind the Aatmanirbhar Bharat initiative, RK Singh has said. Zero dependence on fossil fuel is required to fully realise the vision behind the Aatmanirbhar Bharat initiative, Union Minister for Power and New & Renewable Energy RK Singh has said. Singh also said that […] Read more
Siemens Gamesa Scores Double Order for 165 MW in Vietnam Updated On Thu, Jul 16th, 2020 by Saurenergy Siemens Gamesa has scored a double order, worth a combined 165 MW, including one for the largest nearshore wind farm in Vietnam Siemens Gamesa has scored a double order, including one for the largest nearshore wind farm in Vietnam, as the country quickly advances on its renewable ambitions. The two deals, with 75 MW and […] Read more
$151 Bn for Fossil Fuels, Only $89 Bn for RE in COVID-19 Recovery Packages Updated On Thu, Jul 16th, 2020 by Saurenergy A new report shows that total commitments for fossil fuels reached USD 151 billion from G20 governments, and only USD 89 billion for clean energy. A new report shows that during the global pandemic, total commitments in support of fossil fuels reached at least USD 151 billion from G20 governments. Of which, only 20 percent made financial support […] Read more
Mukesh Ambani Signals A Clean Energy Shift at RIL AGM Updated On Thu, Jul 16th, 2020 by Saurenergy At the Reliance AGM (Annual General Meeting for Shareholders) yesterday Chairman Mukesh Ambani made some key announcements that deserve scrutiny for their implications on India’s fossil fuels future. The 43rd AGM of Reliance Industries Limited, now India’s most valuable group, was notable for announcements in the group’s traditional fuels business, even as all the thunder […] Read more
Firms Turning to Renewables to Power Oil & Gas Operations: IHS Markit Updated On Tue, Jul 14th, 2020 by Saurenergy A new report has revealed that oil and gas field operations are beginning to be fuelled by a surprising source – renewables. A new report has revealed that oil and gas field operations are beginning to be fuelled by a surprising source – renewables. According to new research by IHS Markit, oil and gas companies […] Read more
OLADE, IRENA put RE at Heart of Economic Recovery in LAC Updated On Thu, Jul 9th, 2020 by Saurenergy IRENA and OLADE will boost ties to put the renewables-driven energy transformation at the heart of LAC economic recovery following the COVID-19 outbreak. The International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE) will boost ties to put the renewables-driven energy transformation at the heart of Latin America and the Caribbean (LAC) […] Read more
Italy’s ENEL Has Norway’s Norfund Backing It For India Foray Updated On Thu, Jul 9th, 2020 by Saurenergy Rome – based Enel SpA, which recently won its first big solar energy tender in India, announced on Wednesday that its subsidiary firm Enel Green Power has signed an agreement with the Norwegian Investment Fund (Norfund) to back its renewable projects in India. Both firms will share in the costs of establishing the projects in […] Read more
Ørsted & TSMC Sign World’s Largest Corporate Renewable PPA Updated On Wed, Jul 8th, 2020 by Saurenergy Ørsted and TSMC have signed the largest ever renewable corporate PPA, under which TSMC will offtake the full production from Ørsted’s 920 MW Greater Changhua 2b & 4 offshore wind farm. Offshore wind major Ørsted and Taiwan-based TSMC have announced that they have signed a corporate power purchase agreement (PPA), under which TSMC will offtake […] Read more
L&T Infrastructure Finance Closes $100 Million ECB Loan From AIIB Updated On Wed, Jul 8th, 2020 by Saurenergy L&T Infrastructure Finance has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the AIIB. L&T Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the Asian Infrastructure Investment Bank (AIIB), […] Read more
