BP Renewable Arm Lightsource bp Sells 1 GW Australian Portfolio To Chinese Firm Updated On Wed, Dec 20th, 2023 by Saurenergy Continuing its efforts to recycle its renewable asserts, Lightsource bp, the renewables focused arm oil and gas major bp with a heavy solar focus, has divested its 1GW solar portfolio in Australia to Beijing Energy International Australia, the local subsidiary of Chinese clean energy firm Beijing Energy. The portfolio consists of five projects, with three […] Read more
Vinayak Kathare Joins Log9 Materials As Vice President, Stationary Energy Systems Updated On Tue, Dec 19th, 2023 by Saurenergy Vinayak Kathare has joined Log9 Materials as its new Vice President of Stationary Energy Systems. Headquartered in Bengaluru, Log9 Materials delves in batteries and energy storage solutions. Vinayak Kathare brings a wealth of experience in the renewable energy industry. His background includes heading new initiatives for one of India’s leading renewable energy firms. The firm […] Read more
South Africa Announces Tender for 5 GW Renewable Capacity under BW7 Updated On Tue, Dec 19th, 2023 by Saurenergy The Department of Mineral Resources and Energy (DMRE) of South Africa has released a tender under the seventh bid window (BW7) under its Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The tender seeks bids for the development of 5 GW of renewable capacity, entailing 3.2 GW of wind and 1.8 GW of solar capacity. […] Read more
First Floating Solar Project of Duke Energy Kicks Off in Florida Updated On Tue, Dec 19th, 2023 by Saurenergy The first floating solar project in Florida by clean energy firm Duke Energy is now operational and producing renewable energy. The floating solar project of close to 1 MW boasts over 1,800 solar panels floating atop two acres of water surface on a cooling pond at the Duke Energy Hines Energy Complex located in Bartow. […] Read more
3,595 Power Consumers In India Get Approval For Green Energy Open Access Updated On Mon, Dec 18th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh, in his latest response before the Lok Sabha, said that as per government records, the Indian government approved the applications of 3,595 power consumers, allowing them to avail of green energy open access. The Ministry of Power in 2022 approved the Green Energy Open Access Rules, […] Read more
Andhra Biggest Beneficiary Under Energy Efficient Public Lighting Updated On Mon, Dec 18th, 2023 by Saurenergy Andhra Pradesh is the biggest beneficiary of Union government’s energy efficiency scheme for public lighting through LEDs, data shared by the New and Renewable Energy Minister RK Singh before the Parliament revealed. The ministry in his written response before the Lower House of the Parliament (Lok Sabha) submitted state-wise details of coverage under the scheme. […] Read more
EU New Electricity Market Design To Speed-Up Renewable Deployment Updated On Fri, Dec 15th, 2023 by Saurenergy A latest report shared by the European Council and the Parliament has revealed that they have reached a provisional agreement to reform the EU’s electricity market design (EMD). “This deal is great news, as it will help us reduce even more the EU’s dependence on Russian gas and boost fossil-free energy to cut greenhouse gas […] Read more
BluPine Energy Achieves Financial Closure for 120 MW Solar Project in Gujarat Updated On Thu, Dec 14th, 2023 by Saurenergy Renewable Energy Company BluPine Energy, established in India by global infrastructure investor Actis, announced financial closure for its 120 MW solar project situated in Gujarat, secured under the GUVNL 16 tender. The electricity generated from this plant will be supplied to Gujarat Urja Vikas Nigam Limited (GUVNL) under a Power Purchase Agreement (PPA) for 25 […] Read more
Accelerating Renewables Can Prevent Rail Network Congestions: IEEFA Updated On Thu, Dec 14th, 2023 by Saurenergy Indian Railways can better utilise its resources and serve the Indian economy more effectively if policymakers focus on accelerating renewable energy generation rather than expanding coal freight by rail, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) finds. The IEEFA report analyses various forecasts by different agencies of the Indian government and […] Read more