Shell to Take 49% Stake in German Wind Developer WestWind Energy Updated On Wed, Mar 2nd, 2022 by Saurenergy Oil and gas conglomerate Shell Plc has announced to buy a 49% stake in WestWind Energy. The new investment by Shell is to develop a low-carbon power generation business in Australia. WestWind Energy is an arm of Germany’s wind farm developer WestWind Group. Shell Energy Operations wants to develop a 3 gigawatt (GW) portfolio in […] Read more
TotalEnergies bags 3GW offshore wind plans in New York & New Jersey Updated On Wed, Mar 2nd, 2022 by Saurenergy TotalEnergies, a French oil and gas major, has won maritime lease area OCS-A 0538 by the BOEM (Bureau of Ocean Energy Management) in the New York Bight auction held at the end of last week. This bid for the development of an offshore wind farm off the U.S. East Coast was won for a consideration […] Read more
Australia’s Leading Miner Andrew Forrest to Invest $2.2 Billion in RE Updated On Wed, Mar 2nd, 2022 by Saurenergy Australian iron ore magnate Andrew Forrest has announced that he is investing Australian Dollar $3 billion ($2.2 billion) in renewable energy in the island country. Forrest had announced previously that he will be investing big on a global green revolution. Most of the projects for RE will be coming up in the Central Queensland region. […] Read more
Honeywell’s 20 MW ESS For Hecate Energy in New Mexico Updated On Tue, Mar 1st, 2022 by Saurenergy Honeywell has confirmed it will supply Hecate Energy with an Energy Storage System (ESS) for a solar park located on the Jicarilla Apache Nation in Northern New Mexico. When completed later this year, the 50-megawatt (MW) solar farm will be capable of supplying enough electricity to power up to 16,000 average New Mexican homes for […] Read more
CERC nod for hydropower contracts in GTAM for HPO Compliance Updated On Mon, Feb 28th, 2022 by Saurenergy In a recent ruling, the Central Electricity Regulatory Commission (CERC) has granted approval to the Indian Energy Exchange Limited (IEX) to introduce hydropower contracts in Green Term-Ahead Market (GTAM) on its platform to facilitate the compliance of Hydropower Purchase Obligation (HPO) by obligated entities. The Ministry of Power (MoP) has set a target of 30000 […] Read more
“This fiscal we aspire to achieve 100 billion units in terms of volume”, says Rohit Bajaj, IEX Updated On Mon, Feb 28th, 2022 by Saurenergy Trading in India’s Green Day Ahead Market, ever since it started in October’21, and before that the Green Term ahead market (started in August 2020) has been on a growth path, hitting a high of 280 million units (MU) in January this year. Energy trading accounts for just 6% of the overall power market, with […] Read more
Germany invites tenders for 1 GW offshore wind farm in North Sea Updated On Mon, Feb 28th, 2022 by Saurenergy Just as other European players are bullish about the offshore wind power development, the German Federal Network Agency (BNetzA) has put up a tender inviting players for the development of 1 GW offshore wind farm in an area in the North Sea. The new notification says that the bids will have to be submitted by […] Read more
Azure Power Q3 Results See Losses Narrow, Generation Up 36% Updated On Mon, Feb 28th, 2022 by Saurenergy Azure Power Global Limited (Azure Power), which is listed on the NYSE, has announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the third quarter of fiscal 2022, ended December 31, 2021. Operating Highlights: Megawatts (“MWs”) Operating* were 2,523 MWs, as of December 31, 2021, an increase of 37% over December 31, 2020. […] Read more
Deputy Manager Updated On Fri, Feb 25th, 2022 by Saurenergy To Manage and handle warehouse operations activities in Manufacturing plant with the following requirement : First hand experience in Store and logistics. Demonstrate methodical and precise approach towards commercial and contractual information of Store and logistics Exclusive knowledge on Solar business / Infrastructure O&M / project and well integrated with all functions. Roles and Responsibilities:- […] Read more
