Mainstream Renewable, Aker buy 50% stake in 800MW offshore wind plant in Japan Updated On Tue, Mar 15th, 2022 by Saurenergy Wind and solar company Mainstream Renewable Power and Aker Offshore Wind have closed a deal which will give them a 50% stake in a 800 megawatt (MW) floating offshore wind project in Japan, the companies said on Monday. The other 50% stake in the project belongs to renewable energy project developer Progression Energy. Mainstream is […] Read more
Amp Energy India appoints Ritesh Singhi as Senior Director – Procurement and SCM Updated On Mon, Mar 14th, 2022 by Saurenergy Amp Energy India has hired Ritesh Singhi as Senior Director – Procurement and Supply Chain Management (SCM). The company has said that its strengthening its management capabilities to capitalize on future growth opportunities as it continues to progress on an accelerated growth path. Singhi comes with more than 25 years of extensive experience in Project […] Read more
RTC Power To make Up 5% of Renewable Power by 2025 Updated On Thu, Mar 3rd, 2022 by Saurenergy Even as India awaits its first large RTC (round the clock) renewable projects to come online, research agency CRISIL predicts that the share of RTC plants in the overall renewable (RE) capacity mix will increase from nearly nil today to over 5% by calendar 2025. The agency expects this to be achieved on the back […] Read more
Wind Repowering in India Waits for a Favourable Wind Updated On Mon, Feb 28th, 2022 by Saurenergy The benefits of solar and wind energy as clean alternatives to oil, coal and gas are well established globally. Though many countries started their solar journey early, India’s solar-energy build-up has been consistently gathering momentum over the last decade, with the last five years seeing a sharp spurt. The wind energy sector, on the other […] Read more
NITI Aayog Report Emphasises on ‘Finance’ for Better EV Future Updated On Fri, Feb 25th, 2022 by Saurenergy The role of finance is critical for the holistic and comprehensive growth and development of India’s electric vehicle industry and a ‘just transition’, finds a new report released by NITI Aayog and the Rocky Mountain Institute (RMI) India. The report, titled ‘Mobilising Electric Vehicle Financing in India’, finds that the transition to clean mobility will require […] Read more
CEEW-NRDC-SCGJ Study Highlights 1 Million Jobs Potential For RE Sector In India Updated On Thu, Jan 27th, 2022 by Saurenergy India’s renewable energy sector could potentially employ around one million people by 2030, which would be ten times more than the existing workforce of an estimated 1.1 lakh (110,000) employed by the sector, according to an independent study released today by the Council on Energy, Environment and Water (CEEW), Natural Resources Defense Council (NRDC) and […] Read more
Key Points of Inverter Selection in BIPV Project Updated On Wed, Dec 29th, 2021 by Saurenergy Background The organic combination of PV system and buildings makes it fashionable and practical to create green buildings that meet key climate objectives too. These Building Integrated Photo Voltaic or BIPV systems are gaining in popularity with responsible corporates, as they help deliver key objectives of green energy, conservation, and sustainability for new constructions and […] Read more
Japan selects Mitsubishi Corp-led consortiums for 3 offshore wind projects Updated On Mon, Dec 27th, 2021 by Saurenergy Japan’s industry and land ministries have selected three consortiums, all led by Mitsubishi Corp, as the operators for three offshore wind power projects in Akita, northern Japan, and Chiba, near Tokyo, they said on Friday. The announcement is the second set of results of government auctions for offshore blocks under a new law to promote […] Read more
Carbon America Closes $30 M Series A to Scale Up its CCS Tech Updated On Thu, Dec 16th, 2021 by Saurenergy Carbon America, a vertically integrated carbon capture and sequestration (CCS) developer, has secured $30 million in Series A funding to deploy commercial projects and scale up its technology. Participating investors include the Canada Pension Plan Investment Board (CPP Investments), ArcTern Ventures, Energy Impact Partners, the Grantham Environmental Trust’s Neglected Climate Opportunities Fund, and Golden Properties. […] Read more
