Key APTEL Order Overturns CERC On REC Pricing Updated On Thu, Nov 11th, 2021 by Saurenergy In an order that will have a major impact on the return of REC trading and pricing, the Appellate Tribunal For Electricity (APTEL) has set aside the order of the Central Electricity Regulatory Commission (CERC) with regards to pricing of REC’s. The root of the issue was the decision by CERC to set the floor […] Read more
Australia Plans $740 M Fund to Develop Low-emissions Tech Updated On Thu, Nov 11th, 2021 by Saurenergy Australia will establish a A$1 billion ($740 million) fund to invest in companies that develop low-emissions technology, the country’s Prime Minister, Scott Morrison, said on Wednesday, as Canberra seeks to cut carbon emissions to net zero by 2050. Under the plan, the federal government in Australia will commit A$500 million to the fund, matched by […] Read more
EDP to Invest in 1.5 GW of Green Hydrogen by 2030 Updated On Wed, Nov 10th, 2021 by Saurenergy Portugal’s largest utility EDP said on Tuesday it was increasing its bet on green hydrogen and aimed to reach 1.5 gigawatts (GW) of installed capacity by 2030, capitalising on its presence in key markets such as Iberia, the United States and Brazil. The announcement, made during the COP26 climate conference in Glasgow, came after EDP […] Read more
Decoding The Reliance Gambit In Renewable Energy Updated On Tue, Nov 9th, 2021 by Saurenergy It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […] Read more
Inox Wind Wins 150MW Wind Project from NTPC REL Updated On Tue, Nov 9th, 2021 by Saurenergy Noida-based Inox Wind on Monday said it has bagged a 150 MW wind power project order from NTPC Renewable Energy Ltd. The project will likely help NTPC achieve its target of having over 60 GW renewable energy capacity, constituting nearly 50 per cent of the company’s overall power generation capacity by 2032. It will be […] Read more
Hydrofuel Gets Hydrogen Ammonia Fuel And Energy Station Tech With Kontak Acquisition Updated On Mon, Nov 8th, 2021 by Saurenergy Hydrofuel Canada Inc. (Hydrofuel) has announced an agreement to acquire one hundred percent of Issaquah, WA, USA based Kontak Hydrogen Storage, LLC (Kontak) in an all stock transaction. Kontak’s technology can efficiently release hydrogen from a dozen potential carrier molecules identified so far. Of the carriers, the highest storage capacity is anhydrous ammonia, with (17.3% hydrogen […] Read more
Aker Offshore, Ocean Winds and Statkraft Team Up For Offshore Wind in Norway Updated On Mon, Nov 8th, 2021 by Saurenergy Aker Offshore Wind, Ocean Winds, and Statkraft have signed a collaboration agreement to bid for, develop, construct, and operate offshore wind and associated infrastructure for the Utsira Nord license area in Norway. While Akers and StatKraft are Norway based firms, Ocean Winds is the result of a 50-50 joint venture by EDP Renewables (EDPR) and ENGIE […] Read more
Assistant Manager – PV Performance Engineering Updated On Fri, Nov 5th, 2021 by Saurenergy The Assistant Manager – PV Performance Engineering will be based in Hyderabad, India. Onboarding will be virtual for the time being with occasional socially distanced meetings at a Nextracker office. In this position, you will report to the Senior Manager – Data Science. The Assistant Manager – PV Performance Engineering will work with the Nextracker […] Read more
Nepal to Sell Surplus Electricity in India’s Energy Exchange Market Updated On Fri, Nov 5th, 2021 by Saurenergy Nepal will sell its surplus electricity to India at a competitive rate after New Delhi allowed the neighbouring country to trade its power in the Indian power exchange market, according to media reports on Wednesday. The Energy Exchange under India’s Power Ministry on Monday granted permission to Nepal after persistent lobbying from Kathmandu, as Nepal […] Read more
