Shell Acquires 20% Stake in Bengaluru-Based Orb Energy Updated On Fri, Oct 4th, 2019 by Saurenergy Orb Energy has announced that Shell New Energies business has acquired a 20 percent stake in the firm in its latest funding round. Orb Energy, one of the leading providers of solar energy solutions in India, has announced that the Royal Dutch Shell’s New Energies business has acquired an almost 20 percent stake in the […] Read more
India, US to Launch Clean Energy Initiative Targeting the Indo-Pacific Region Updated On Fri, Oct 4th, 2019 by Saurenergy India and the US will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region India and the US will launch a new initiative for clean energy to fuel economic growth in the strategically-important Indo-Pacific region where China has been trying to expand its sphere of influence, the US State Department has said. […] Read more
Policy Stability at State Level Necessary to Uplift Renewables: Sumant Sinha Updated On Fri, Oct 4th, 2019 by Saurenergy Policy stability, particularly at the state level, is a must for boosting the installation of renewables capacity, ReNew Power CMD Sumant Sinha has said. Policy stability, particularly at the state level, is a must for boosting the installation of renewables capacity in the coming days, ReNew Power Chairman and Managing Director Sumant Sinha has said. […] Read more
After 10GW Milestone in Offshore Wind Energy, UK Goes for 3.6 GW Offshore Wind Farm Updated On Thu, Oct 3rd, 2019 by Saurenergy With the country poised to become the first in the world to reach 10GW of offshore wind energy capacity, the United Kingdom is moving ahead with it’s biggest offshore installation yet on an artificial island off the Yorkshire coast. In the coming weeks, the UK will hit its milestone of 10 GW of offshore wind […] Read more
Corporate Renewable Purchases Key to Meeting Europe’s RE Target Updated On Thu, Oct 3rd, 2019 by Saurenergy Europe has set a target that 32 percent of its energy should come from renewable energy by 2030 and corporates can play a big role in meeting this target. Europe has set a target that 32 percent of its energy should come from renewables by 2030, up from 17.5 percent at present. And, corporates are […] Read more
Hecate Energy Seals 250 MW Solar Energy Agreement With Google Updated On Thu, Oct 3rd, 2019 by Saurenergy Hecate Energy has announced an agreement with Google to purchase 250 MW solar energy from the company’s 500 MW facility in Texas. Hecate Energy has announced an agreement with Google to purchase 250 MW of clean, renewable electricity from the company’s 500 MW cumulative solar facilities in Texas. Google had recently announced that it has made […] Read more
100% Renewables, Beyond the Grid – Aspiration or Destination? : Survey Updated On Thu, Oct 3rd, 2019 by Saurenergy In August 2019, Deloitte surveyed 308 executives across multiple industries in the private and public sectors to understand these organizations’ paths in the transition to renewables, their goals and procurement strategies and the challenges they face. Driven by economic incentives and mounting external pressures for organizations to decarbonise their energy supply, the renewable energy transition […] Read more
EDPR Secures 100 MW Wind Energy PPA in Mexico Updated On Tue, Oct 1st, 2019 by Saurenergy EDPR has secured a 15 year PPA to sell the energy produced by a 100 MW wind farm project in Mexico EDP Renováveis, (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has secured a Power Purchase Agreement (PPA) to sell the energy produced by a […] Read more
Suzlon Energy Denies Reports of Filing for Bankruptcy Updated On Tue, Oct 1st, 2019 by Saurenergy Suzlon Energy has specifically denied all reports suggesting that it has filed for bankruptcy and that it will soon be approaching the NCLT. Debt-laden renewable energy solutions provider Suzlon Energy on Monday specifically denied all reports suggesting that it has filed for bankruptcy and that it will soon be approaching the National Company Law Tribunal (NCLT). “We wish to reiterate that Suzlon’s debt […] Read more