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Industry Reacts: Electricity (Amendment) Bill 2022

As the Electricity Amendment Bill (2022) finds itself drawing the ire of the opposition parties, some farmer organisations, and even employees from the public sector power sector, who are vehemently opposing it, industry leaders speak exclusively to Saur Energy International to offer their views on the Bill that has become synonymous with controversy. What The […]

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Direct Benefit Transfer: State Saves 33 MU of Power in Agriculture Sector

In Srikakulam district of Andhra Pradesh, a trial programe for the Direct Benefit Transfer (DBT) program for agricultural energy connections was begun around a year ago. During the 2020–21 financial year, the 26,083 agricultural connections used around 101 million units of power. Since the program was introduced, the number of connections have climbed to 28,393 […]

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Ørsted Collaborates With Vietnamese Energy Player For Wind Projects

Danish utility and global offshore wind leader Ørsted has declared that it has signed a memorandum of understanding (MoU) with Vietnamese energy contractor PetroVietnam Technical Services Corporation Mechanical & Construction (PTSC M&C). This partnership will pave the way for a collaboration for the development of offshore wind projects in Vietnam and globally between the two […]

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Octopus Energy, Nest And GLIL Invest £200 Million In Hornsea One

Octopus Energy Generation’s fund management group has invested £200 million in Hornsea One. For a sum of £400 million, the company has purchased a 12.5% share from Global Infrastructure Partners through a joint venture with GLIL Infrastructure, which is also contributing £200 million. A £3.6 billion fund called GLIL makes infrastructure investments on behalf of […]

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MP, Rajasthan, Karnataka Lead In Power Subsidies

According to data provided by the Power Ministry, subsidised electricity is being supplied to consumers in 27 states and Union territories. Further, as much as Rs 1.32 trillion (Rs 132,000 crores) in subsidies has been spent in the country in the financial year, 2020-21 financial year. Among all the states, Madhya Pradesh, Rajasthan and Karnataka […]

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Microsoft Announces Success Of Hydrogen Fuel Cell Trial At New York Datacenter

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. […]

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The Top 5: Most Attractive Countries for Renewable Energy Investment

The governments around the world are looking to accelerate and broaden the scope of their renewables programs. The investors are looking out for the most attractive countries for Renewable Energy investment. But the world stands at the turn to future of energy facing dual visions – need of self-reliance in energy sector in a highly […]

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Rosatom, An Xuan Energy To Develop Wind Energy Project in Vietnam

NovaWind JSC and representatives of An Xuan Energy JSC have signed an agreement on cooperation in the implementation of a project for the construction of a wind farm. NovaWind JSC is a division of Rosatom State Corporation for wind energy generation based in Moscow, Russia. The company was founded in 2017. The official statement revealed […]

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Iberdrola Secures €550 Million Loan For Renewable Projects In Spain

Iberdrola, the Spanish multinational utility company, has said that it has forged an agreement with the European Investment Bank (EIB) to expedite Spain’s energy transition by establishing new renewable energy capacity. Under the agreement, the EU bank will provide a €550 million green loan for the construction of a portfolio of projects with a total […]

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