Shell to Fully Acquire US Green Firm Inspire Energy Capital Updated On Wed, Jul 28th, 2021 by Saurenergy Shell New Energies US LLC has signed an agreement to buy 100% of the equity interests of Inspire Energy Capital LLC, a renewable energy residential retailer with joint headquarters in Santa Monica, CA and Philadelphia, PA. Shell New Energies, a subsidiary of oil major Royal Dutch Shell plc, focuses on two main areas: new fuels […] Read more
India & Germany Partner to Promote Skill Development in Solar Sector Updated On Wed, Jul 28th, 2021 by Saurenergy Rajasthan Solar Association (RSA) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH have signed an agreement for skill development in the solar segment, according to media reports. RSA was set up under the Rajasthan Non-Trading Companies Act 1960 for the promotion of Indian solar power industry. RSA members include top international & national companies comprising […] Read more
Power Minister Highlights Steps Taken to Push 4000 MW Rooftop By 2022 Updated On Wed, Jul 28th, 2021 by Saurenergy Responding to a query in the Rajya Sabha, the Ministry of New and Renewable Energy is implementing Rooftop Solar Programme Phase II wherein grid connected RTS capacity aggregating 4000 MW by 2022 is targeted for installation in residential sector with provision of subsidy. For individual households, subsidy upto 40% of the benchmark cost is provided […] Read more
ST’s Bouskoura Plant to Use 50% Energy from Renewables by 2022 Updated On Wed, Jul 28th, 2021 by Saurenergy French-Italian semiconductor manufacturing company STMicroelectronics has announced that its Bouskoura site in Morocco will procure 50% of its energy from renewable sources by 2022 compared to 1% in 2020, as part of its action plan to achieve carbon-neutrality by 2027. ST has been present in Bouskoura for over 20 years with a back-end plant which employs […] Read more
With India’s Renewable Power Capacity Battle Won, Is It Time To Focus On Generation? Updated On Wed, Jul 28th, 2021 by Saurenergy In response to a query in the ongoing monsoon session of parliament, Power and MNRE Minister R.K. Singh informed the house that India’s renewable energy capacity, including installed, under installation and being tied up, stands at almost 97 GW as of June 30, 2021. This mix includes solar, wind, biomass and small hydel. Add to […] Read more
Hitachi ABB Power Grids Commissions UHVDC Transmission Link in India Updated On Wed, Jul 28th, 2021 by Saurenergy Hitachi ABB Power Grids in India has announced the successful commissioning of one of India’s longest ultra-high voltage direct current (UHVDC) transmission links for Power Grid Corporation of India Limited. A +/-800 kilovolt (kV), 6,000MW transmission link that connects Raigarh, Chhattisgarh, with Pugalur, Tamil Nadu, and stretches over 1,800 kilometers. Notably, this transmission link can […] Read more
CERC Sticks To The Letter In PGCIL Tiff With Renew Power Updated On Tue, Jul 27th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has stuck to the letter of the law, rather than going with the spirit perhaps, in a ruling involving wind developers and a power grid corporation. Renew Power Private Limited obtained Stage-II connectivity for 300 MW at 220 kV Hiriyur sub-station, on the basis of National Thermal Power Corporation […] Read more
RWE Builds Hydropower Coupled 117MW Battery Storage Systems in Germany Updated On Tue, Jul 27th, 2021 by Saurenergy Essen-headquartered German multinational energy company, RWE has announced the construction of one of the largest and most innovative battery energy storage systems (BESS) in Germany. The BESS is coupled with the existing run-of-river hydroelectric power plants. The battery systems will be spread across two locations, as the company said that it will install a total […] Read more
Arctic Green Energy and GIC to Jointly Decarbonsise Building Sector Updated On Tue, Jul 27th, 2021 by Saurenergy Arctic Green Energy, an Iceland-based renewable firm, and GIC, Singapore’s sovereign wealth fund, are partnering to drive the uptake of zero carbon district heating in Europe and Asia. Under the agreement, GIC will become an equity partner in Arctic Green Energy and commit a new injection of $240 million to support the expansion of the […] Read more
