NTPC Group Crosses 3 GW Operational Renewable Capacity Updated On Tue, Dec 20th, 2022 by Saurenergy India’s largest energy conglomerate, NTPC reached the milestone of 3 GW operational capacity following the commissioning of 100 MW of solar capacity at its Nokhra Project in Rajasthan. With the launch of its 92 MW floating solar project at Kayamkulam, Kerala, the group had already passed 2 GW on June 24, 2022. The initial GW […] Read more
Iberdrola Partners with ABEL Energy for € 1.1 Bn Green Hydrogen Project Updated On Tue, Dec 20th, 2022 by Saurenergy Iberdrola Australia and hydrogen developer ABEL Energy have come together to build a green hydrogen and green methanol production plant at Bell Bay, Tasmania. The project – Bell Bay Powerfuels – is backed by the Australian government and will involve an investment of EUR 1.1 billion. Iberdrola said that Bell Bay Powerfuels will produce 200,000 […] Read more
Repsol Buys RE Investment Platform Asterion Energies to Add 7.7 GW to Portfolio Updated On Tue, Dec 20th, 2022 by Saurenergy Spanish multinational energy and petrochemical company – Repsol – has announced the signing of the acquisition of Asterion Energies from European infrastructure fund Asterion Industrial for EUR 560 million plus up to EUR 20 million in contingent payments. Repsol said it looks to become a global player in renewable energy and strengthen its position in […] Read more
World Bank Inks Project to Scale up Renewable Energy Technologies in India Updated On Tue, Dec 20th, 2022 by Saurenergy The World Bank has announced that it has signed agreements with the Government of India (GoI) and Solar Energy Corporation of India Limited (SECI) for a $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The objective of the financial agreements is to help India increase […] Read more
The Firms Reliance Bet On For Storage and Cell Manufacturing Updated On Mon, Dec 19th, 2022 by Saurenergy One of the largest private sector corporations in India and a multinational conglomerate, Reliance Industries Ltd. has shown a growing interest in the energy storage sector. Reliance New Energy Limited, a subsidiary firm, designated for its clean energy bentures has been busy – acquiring, signing agreements, or investing in firms. Be it Netherlands based LithiumWerks, […] Read more
Danish RE Developer European Energy Acquires Majority Stake in 3.6 GW Queensland Project Updated On Mon, Dec 19th, 2022 by Saurenergy Denmark-based renewable energy developer European Energy has acquired a majority stake in the Pacific Solar Hydrogen Project which is under development near Gladstone on central Queensland coast. The project, which will boast of 3.6 GW of photovoltaic power and battery energy storage, is being developed by Austrom Hydrogen and will be built on a 6,000 […] Read more
At Purshotam Profiles, Client Success Trumps Margins Where Required. Updated On Sun, Dec 18th, 2022 by Saurenergy Rupali Paul, Solar Head at Purshotam Profiles, talks to SaurEnergy about the secret behind the firm’s success in the solar business. With a presence across the value chain for solar power, Purshotam profiles has been involved with some of the most high profile projects in recent times, especially when it comes to floating solar. Read more
Egypt’s New Energy Plans to Increase Renewable Energy Capacity by 55 GW Updated On Fri, Dec 16th, 2022 by Saurenergy Egypt will soon become a significant global energy hub, according to the country’s senior authority in the field. The nation inked numerous projects in November that would increase its current solar and wind power generation by over 55 GW. Mohammed Al-Khayyat, the Chairman of the New and Renewable Energy Authority, reported that during the COP27 […] Read more
Our Order Book Is Likely To Exceed 4 GW by March 2023 at Envision Energy India Updated On Fri, Dec 16th, 2022 by Saurenergy Envision Energy India has had a great run in the past few months, with order bookings for its Wind Turbine Generators hitting record levels of over 2.7 GW for projects over the next 25 months. With production capacity set to hit over 3 GW by Q2 2023, the future promises an exciting set of possibilities […] Read more
