DWO, EWP Partner To Develop 4GW Offshore Wind In South Korea Updated On Fri, Jul 1st, 2022 by Saurenergy In a key development, Deep Wind Offshore (DWO) has partnered with East West Power (EWP) for the development of offshore wind projects in South Korea. DWO is an offshore project developer based out of Norway and East West Power is a state owned South Korean energy company. Both DWO and EWP will construct four floating […] Read more
Biocon, Hindalco Declare Investments In Renewable Energy Updated On Thu, Jun 30th, 2022 by Saurenergy The investments in the renewable energy sector by the corporate sector continue to pick up pace on the back of lower energy costs from renewables and ESG led actions. Biocon – a biotechnology major – has announced that it has acquired 26 per cent stake in AMPYR Renewable Energy Resources Eleven Private Ltd for Rs […] Read more
World Bank Provides $165 M To Support RE In India’s Residential Sector Updated On Thu, Jun 30th, 2022 by Saurenergy The World Bank Board of Executive Directors on June 28 approved of $165 million in additional financing to support India’s residential sector in adoption of rooftop solar systems and make solar energy more affordable, according to a press release issued by the World Bank. These solar photovoltaic (PV) installations will provide clean, renewable energy, and […] Read more
UPERC Mulls Introduction Of Green Tariff In Uttar Pradesh Updated On Wed, Jun 29th, 2022 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) informed the State Advisory Committee (SAC) members during a meeting that a green tariff may soon be implemented for the industrial and the commercial users to receive up to 100% of their electricity from renewable sources despite higher price. In a news item published on June 29, the […] Read more
Hindustan Power Exchange Gets CERC Nod For India’s Third Power Trading Exchange Updated On Wed, Jun 29th, 2022 by Saurenergy The start of operations at India’s third power exchange, Hindustan Power Exchange (HPX) looks imminent, with final approval from the regulator, the Central Electricity Regulatory Commission (CERC) on June 27. CERC’s approval was under Regulation 28 of Central Electricity Regulatory Commission (Power Market) Regulations 2021 for approval of the technology to be used by the […] Read more
Petrofac and Hitachi Energy Join Up To Tap Growing Offshore Wind Market Updated On Wed, Jun 29th, 2022 by Saurenergy To provide grid integration and related infrastructure to serve the quickly expanding offshore wind business, grid automation solutions company Hitachi Energy has partnered with Jersey-based international service Petrofac. To enable the decarbonization of power networks and produce sustainable energy, the collaboration leverages the complementary core technologies and offshore wind industry knowledge of both firms. Both […] Read more
Haryana Approves New EV Policy, Commits To 100% e-Mobility Updated On Tue, Jun 28th, 2022 by Saurenergy Haryana Chief Minister Manohar Lal Khattar and his cabinet met on June 27 and approved the State Electric Vehicle (EV) Policy 2022 inviting several EV manufacturers to avail themselves of the the financial incentives offered. Haryana will observe 2022 as year of Electric Vehicles. The EV Policy aims to protect the environment, reduce carbon footprint, […] Read more
OX2 Looks To Construct 5.5 GW Offshore Wind Farm Off Sweden Updated On Tue, Jun 28th, 2022 by Saurenergy Global renewable energy developer OX2 has announced that it has submitted a permit application under the law that deals with Sweden’s Exclusive Economic Zone for the construction of an offshore wind farm. The project called Aurora will come up between the islands of Gotland and Oland. Sweden is aiming to double its renewable energy capacity […] Read more
Intrakat Collaborates With Parkwind To Develop Offshore Wind Energy In Greece Updated On Tue, Jun 28th, 2022 by Saurenergy A new partnership has been announced between Belgium based Parkwind and Greece’s Intrakat to jointly develop offshore wind opportunities in Greek waters. Bringing offshore development experience and a deep knowledge, the two companies bring forward complementary competences in offshore development and local infrastructure experience. François Van Leeuw, co-CEO, Parkwind, said, “With a partner like Intrakat, […] Read more