APTEL Overturns BERC Order In 5 MW RE Project, Restores tariff Of Rs 10.90/kWh Updated On Fri, Apr 22nd, 2022 by Saurenergy The Appellate Tribunal for Electricity (APTEL) has recently overturned Bihar Electricity Regulatory Commission’s (BERC) order that rejected a renewable project developer’s plea for extension of the Commercial Operation Date (COD) due to delays created by the procurer. In March 2013, Avantika Contractors India Limited (the project developer) entered into a Power Purchase Agreement (PPA) with Bihar […] Read more
Statkraft inks 300 GWh RE PPA with German cement mfr Updated On Fri, Apr 22nd, 2022 by Saurenergy Statkraft, a hydropower company fully owned by the Norwegian state, has signed a further power purchase agreement (PPA) with OPTERRA, a German cement manufacturer, for the supply of renewable power from onshore wind and solar power. It follows a wind power PPA agreed in 2021 and enables OPTERRA to further transition its plant operations to a […] Read more
Amazon Announces New Renewable Projects of 3.5 GW Across the World Updated On Fri, Apr 22nd, 2022 by Saurenergy Global ecom giant Amazon has announced it is investing in 37 new renewable energy projects across the globe adding up to 3.5 GW. The new projects will include 26 solar power projects, 3 wind energy farms and 8 rooftop solar projects at Amazon buildings around the world. Amazon continues to be the largest renewable energy […] Read more
Atlas Signs PPA with Enel for supply of 1.3 TWh/year of Wind Power Updated On Thu, Apr 21st, 2022 by Saurenergy The USA-based Atlas Renewable Energy announced that it has signed a long term power purchase agreement (PPA) with Enel Generación Chile for 1.3 TWh/year with the development of its first wind power project. The portfolio’s three wind projects total 417 MW throughout Chile, helping accelerate its clean energy transition. Atlas Renewable Energy is part of […] Read more
Green ammonia from green hydrogen can reduce India’s fertiliser subsidy burden Updated On Thu, Apr 21st, 2022 by Saurenergy A shift to green ammonia would significantly reduce the Indian government’s massive fertiliser subsidy burden and boost energy self-reliance by cutting dependence on imports of expensive liquified natural gas (LNG) for fertiliser manufacturing, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Of course, green ammonia itself would come […] Read more
Biliti Electric Plans World’s Largest Electric Three-Wheeler Mfg. Facility Telangana Updated On Wed, Apr 20th, 2022 by Saurenergy California, US-based Biliti Electric Inc (Biliti) has announced plans to setup the world’s ‘largest’ electric three-wheeler factory in Telangana, with a production capacity of 240,000 electric vehicles each year. The new plant is estimated to drive private investment of USD 150 million and expected to create over 3,000 jobs in the State aligning with the […] Read more
Prabhakar Kadapa Joins Etrio’s Board of Directors Updated On Wed, Apr 20th, 2022 by Saurenergy Hyderabad-headquartered EV-maker Etrio Automobiles Pvt. Ltd. has announced that Prabhakar Kadapa, a veteran automotive leader with over 39+ years of industry experience, has joined its Board of Directors. Kadapa served most recently as the CEO & Managing Director at PSA AVTEC Powertrain Pvt. Ltd. (a JV of PSA Groupe, France and CK Birla Group) as […] Read more
Dabur to Induct 100 Electric Vehicles In Distribution Fleet Updated On Wed, Apr 20th, 2022 by Saurenergy FMCG stalwart Dabur India Ltd is targeting to accelerate efforts to decarbonize its business processes. Dabur has announced that the company is planning to induct a fleet of 100 electric vehicles in its supply chain. The EVs will be meant for last-mile distribution of products made by Dabur in the coming 12 months. Mohit Malhotra, […] Read more
Masdar Signs Agreement with Kyrgyzstan to Develop 1GW Renewable Projects Updated On Wed, Apr 20th, 2022 by Saurenergy The Central Asian economies are looking to diversify their energy basket in order to reduce their carbon emissions and reduce dependence on fossil fuels which are mostly imported. In the latest development, United Arab Emirates based clean energy company Masdar has signed a memorandum of understanding (MoU) with the Ministry of Energy of Kyrgyzstan in […] Read more
