RMI Foresees Cleantech To Drive 10% Of Global GDP Growth Updated On Wed, Jun 19th, 2024 by Saurenergy The Rocky Mountain Institute (RMI), a US-based research organization, has recently published a report forecasting significant growth in the cleantech sector. According to the report, solar energy installations are expected to reach 1,000 GW annually, accompanied by sales of 6,000 GWh of batteries per year. These advancements are crucial in achieving the sector’s goal of […] Read more
Despite Record Investments, World Off Track For 2030 RE Target: EY Updated On Wed, Jun 19th, 2024 by Saurenergy Global accounting firm Ernst & Young (EY) recently reported a decline in overall global energy investments, failing to keep the world on track for the 2030 renewables targets. EY report found that, despite last year’s surge of US$1.8 trillion in clean energy investment, including US$660 billion earmarked for renewables, investment remains below the COP28 target of […] Read more
Google, NV Energy Plan To Use Geothermal Power For Data Centers Updated On Thu, Jun 13th, 2024 by Saurenergy In a bid to ramp up its commitment to clean energy, Google has partnered with Berkshire Hathaway electric utility NV Energy to fuel its Nevada data centers with advanced geothermal electricity. This move is part of Google’s broader goal to operate entirely on clean energy by 2030. The agreement, currently pending approval from state utility […] Read more
Capgemini Partners Equigy For European Decentralised Energy System Updated On Thu, Jun 13th, 2024 by Saurenergy In order to better manage the supply and demand of electricity throughout Europe, Capgemini and Equigy have signed a long-term deal to establish a new decentralized energy system. The goal of this project is to create a crowd-balancing platform (CBP), which is a reliable, standardized data aggregator interface for integrating modest, adaptable, and dispersed energy […] Read more
Repsol Signs RE Purchase Agreement with Microsoft Updated On Wed, Jun 12th, 2024 by Saurenergy Repsol will supply Microsoft renewable electricity after reaching an agreement for a combined six long-term virtual power purchase agreements (VPPAs). These 12-year supply agreements are linked to three wind farms and three solar plants in Spain with a total installed capacity of 230 MW that will be operational by December 2025. This deal adds to existing power […] Read more
GUVNL Awards Gensol 250 MW/500 MWh BESS Project Updated On Wed, Jun 12th, 2024 by Saurenergy Gujarat-based, state electricity regulation board Gujarat Urja Vikas Nigam Limited (GUVNL) declared Gensol Engineering as the lowest bidder for the project in a energy storage tender issued by them. The EPC company emerged as the lowest bidder for its 250 MW/500 MWh standalone battery energy storage systems (BESS) project. GUVNL released the tender for this […] Read more
RERC Resolves Hurdles Of Technology-Agnostic RPO Compliance Updated On Wed, Jun 12th, 2024 by Saurenergy The Rajasthan Electricity Regulatory Commission (RERC) in its latest suo motto order has tried to allay the apprehensions of the obligated entities towards the government mandate of technology-agnostic Renewable Purchase Obligations (RPOs). The Union government and CERC had earlier mandated the compliance of RPOs through procurement of renewable power through different fuel specific (technology agnostic) […] Read more
Radiance Renewables & PIDG Form JV For RE Growth In India Updated On Tue, Jun 11th, 2024 by Saurenergy Radiance Renewables and the Private Infrastructure Development Group (PIDG) company, InfraCo Asia, announced a joint venture (JV) – Radiance InfraCo Renewables Private Limited. The JV will develop a portfolio of greenfield renewable energy projects for C&I clients in India, enabling them to reduce carbon emissions in their supply chain and operations to meet their sustainability […] Read more
Khavda RE Park Gets A Boost With Green Transmission Line Updated On Tue, Jun 11th, 2024 by Saurenergy India’s ambitious Khavda Renewable Park in Gujarat has now got an impetus with a dedicated transmission line to evacuate 7 GW of renewable power. This comes after the Khavda-Bhuj Transmission Limited (KBTL) received the central power regulator nod to proceed ahead to establish the dedicated renewable evacuation line. KBTL had earlier approached the Central Electricity […] Read more
