Neoen Signs PPA With Flow Power For Wind Farm In Australia Updated On Thu, Aug 4th, 2022 by Saurenergy World’s major renewable energy player Neoen has announced that it has signed a power purchase agreement (PPA) with electricity retailer Flow Power for 40 MW of energy from its Goyder South Stage 1 wind farm in South Australia. Neoen held that Goyder South Stage 1 is the first stage of Neoen’s flagship project known as […] Read more
IEX Power Market Update July 2022: 13% YoY Decline For Green Market Updated On Thu, Aug 4th, 2022 by Saurenergy As per its market update for July 2022 released by Indian Energy Exchange (IEX), it has achieved 7151 MU volume in July 2022 comprising 6088 MU in the conventional power market, with 589 MU in the Green Power Market, and 475 MU (4.75 lac Certificates) in the REC Market. India’s premier energy exchange has recorded […] Read more
Microsoft Announces Success Of Hydrogen Fuel Cell Trial At New York Datacenter Updated On Wed, Aug 3rd, 2022 by Saurenergy Microsoft has announced that it has found a cleaner alternative to the diesel-powered backup generators for its data centres: hydrogen fuel cells. The software giant wants to become a zero-emission entity by 2030. Microsoft has revealed that it has executed a hydrogen fuel cell trial successfully at its server farm campus in Latham, New York. […] Read more
Aurora Hydrogen Raises $10 Million To Develop Hydrogen Technology Updated On Wed, Aug 3rd, 2022 by Saurenergy Green hydrogen production technology developer Aurora Hydrogen has declared raising $10M in Series A funding led by Energy Innovation Capital. The participating investors included Williams, Shell Ventures, Chevron Technology Ventures and the George Kaiser Family Foundation. The official announcement of Aurora stated that this funding adds to additional funding by the Natural Sciences and Engineering […] Read more
India’s Energy Consumption In July 2022 Rises By 3.8% Updated On Wed, Aug 3rd, 2022 by Saurenergy In July 2022, India witnessed a rise in electricity (energy) consumption by 3.8%. This information was released by the Power Ministry of India. According to the figures, the total power consumption of India in July was 128.38 billion units, which is 3.8% more than the previous year. The amount of power consumed in July 2021 […] Read more
ReNew Power Will Invest $8 Billion In Green Hydrogen in Egypt Updated On Tue, Aug 2nd, 2022 by Saurenergy Gurugram based ReNew Power has signed a Memorandum of Understanding (MoU) with the Egyptian government for the development of projects in Egypt for the production of green fuels. The General Authority for Suez Canal Economic Zone (SCZONE), the Sovereign Fund of Egypt (TSFE), the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy […] Read more
USA Expands RE Share Rapidly, Several Reports Mutually Agree Updated On Fri, Jul 29th, 2022 by Saurenergy According to an analysis by the SUN DAY Campaign, three new reports released this week by the Energy Information Administration (EIA) of the United States of America all point to the same conclusion that renewable energy sources, led by solar and wind, continue to rapidly expand their share of the nation’s energy production and electricity […] Read more
TotalEnergies Reveals Q2 Results; Company Records Jump In Profits Updated On Fri, Jul 29th, 2022 by Saurenergy Global renewable energy player, TotalEnergies has announced its financial results of the second quarter of 2022. It has said that the EBITDA from the renewables and electricity business of the company has grown to $462 million in the second quarter. TotalEnergies says that this is 49 per cent more as compared to the corresponding quarter […] Read more
Total Eren Launches Ambitious Wind Farm Project Updated On Fri, Jul 29th, 2022 by Saurenergy Total Eren, a leading renewable energy Independent Power Producer (IPP) based in Paris, has announced the launch of the construction and successful financial close of the Parang Project, which entails a 16.7 MW wind farm, set up together with its partners WEEN E&S and Korea Midland Power (KOMIPO). The Project has been co-developed by Total […] Read more