Poor Policy Choices Bring Pakistan To The Brink In Gas Price Surge Updated On Thu, Sep 30th, 2021 by Saurenergy For Pakistan, the inexorable rise in global LNG spot prices is turning into a never ending nightmare. Thanks to a high dependence on spot gas purchases, the South Asian country of almost 220 million people is headed for a cold winter with possibly some of the poorest preparations in a decade. Even as the government […] Read more
EIB Grants Ørsted €500 M Loan for Green Energy Projects Updated On Thu, Sep 30th, 2021 by Saurenergy The European Investment Bank (EIB) has signed a EUR 500 million loan with Danish energy company Ørsted to support its increased capex programme on renewable energy projects, and the conclusion of the Borssele 1 & 2 wind farms off the Dutch coast with a long-term commitment from the EIB. The EIB issues long-term loans on […] Read more
Tata Power-DDL Launches One-stop-shop Smart Energy Shoppe Updated On Thu, Sep 30th, 2021 by Saurenergy Tata Power Delhi Distribution Limited, a power utility supplying electricity to a populace of over 7 million in North Delhi, has announced the launch of a one-stop-shop Smart Energy Shoppe counter to promote the usage of energy-efficient products among its customer base. With this launch, it becomes the first distribution utility to set up a dedicated […] Read more
McDermott Joins AquaVentus Consortium for Green H2 Production Updated On Thu, Sep 30th, 2021 by Saurenergy Texas-based McDermott has joined AquaVentus, a growing consortium of more than 70 companies, organizations and research institutions collaborating toward green hydrogen energy production in the North Sea. AquaVentus unites international industry leaders with a shared vision for advancing hydrogen’s role as a low-carbon, affordable energy solution-combining their unique expertise to make that future a reality. […] Read more
GenCell Introduces Long-duration Backup Solution for Telecom Updated On Thu, Sep 30th, 2021 by Saurenergy GenCell Energy, an Israel-based manufacturer of fuel cell energy solutions, has launched its latest long-duration backup power solution, the GenCell Backup Operations eXtender (BOX)™, which is an efficient and reliable alkaline fuel cell technology specifically designed to meet the challenging backup power requirements of telecom and critical communications operations. In a world plagued by ever more […] Read more
Power Ministry Makes Key Changes in REC mechanism To Boost Demand Updated On Thu, Sep 30th, 2021 by Saurenergy The Union Power and new and renewable energy minister, R.K. Singh has approved key changes to the tradable renewable energy certificate (RECs) mechanism. Perhaps the biggest one is a decision to make the REC perpetual, till they are sold. Thus, it will take the pressure off renewable energy generators to sell within a timeline or […] Read more
Energize Ventures Raises $330 M to Advance Sustainable Tech Updated On Thu, Sep 30th, 2021 by Saurenergy Chicago-based Energize Ventures has announced the closing of a second flagship fund with total capital commitments of $330 million, aiming to invest in digital solutions with proven potential to optimize energy, critical infrastructure and sustainable industries. Energize Ventures is an alternative investment manager that funds digital-first solutions accelerating the sustainable energy transition. The firm provides financial, operational […] Read more
IREDA CMD Announces Plans For An IPO At AGM Updated On Thu, Sep 30th, 2021 by Saurenergy Pradip Kumar Das, the Chairman and Managing Director (CMD) at the Indian Renewable Energy Development Agency (IREDA) announced plans to go for the institution to go for an initial public offering (IPO) soon at its 34th AGM yesterday. The CMD also informed shareholders about performance in 2020-21, when IREDA disbursed its second highest amount of […] Read more
Meyer Burger Plans to Build High-performance Module Facility in Arizona Updated On Wed, Sep 29th, 2021 by Saurenergy Meyer Burger Technology is planning a production site for high-performance solar modules in the United States. The initial production capacity will be 400 megawatts a year – with potential for further expansion to several gigawatts of capacity. The planned plant will make it possible to manufacture high-performance solar modules for the house roof segment, for […] Read more
