Petronas Forays into Renewable Energy with Acquisition of Amplus Energy Updated On Mon, Apr 15th, 2019 by Saurenergy Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […] Read more
Cabinet approves Cooperation Agreement between India and Denmark in the field of Renewable Energy with focus on Offshore Wind Energy Updated On Mon, Apr 15th, 2019 by Saurenergy The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has given its approval for a Cooperation Agreement between Ministry of New and Renewable Energy of India and Ministry for Energy, Utilities and Climate of the Kingdom of Denmark on strategic sector cooperation in the field of Renewable Energy with a focus on Offshore […] Read more
Japan’s JERA To Grow Renewable Energy Investment to 5 GW by 2025 Updated On Wed, Apr 3rd, 2019 by Saurenergy The world’s biggest buyer of liquefied natural gas (LNG) JERA, a day after becoming Japan’s major electricity generator has announced that it will increase its investment in Renewable energy. According to the company, JERA aims to spend around 70 % of its investment budget for the next seven years on renewable energy and liquefied natural […] Read more
Renewable Energy Now Accounts For a Third of Global Power Capacity: IRENA Updated On Tue, Apr 2nd, 2019 by Saurenergy The sector added 171 GW of generating capacity in 2018, with total renewable energy generation capacity reaching 2,351 GW at the end of the year. The decade-long trend of strong growth in renewable energy capacity continued in 2018 with global additions of 171 GW, according to new data released by the International Renewable Energy Agency […] Read more
GE Renewable Energy Secures First Order For Cypress Platform Updated On Tue, Apr 2nd, 2019 by Saurenergy GE Renewable Energy will supply its largest onshore wind turbine for Prowind’s project in Bavaria. GE Renewable Energy has been selected by Prowind GmbH to provide three Cypress units for the Elfershausen project in Germany. This marks the first order for GE’s Cypress platform, the company’s largest onshore wind turbine in the field. Prowind will operate […] Read more
The Renewable Energy Storage Conundrum has a New Solution: Proton Conducting Fuel Cell Updated On Mon, Apr 1st, 2019 by Saurenergy Two research teams have worked out a way for a better performance by the new proton conducting fuel cells, that can make fuel and reconvert it to electricity using just one set of catalyst, increasing the energy efficiency in these cells and in turn standing out as a viable solution for the renewable energy storage […] Read more
22 Percent Drop in Renewable Energy Certificates’ Sales in FY 2018-19 Updated On Mon, Apr 1st, 2019 by Saurenergy In March, sales of RECs or green certificates declined by over 51 percent to 11.78 lakh from 24.26 lakh in the same month last year. Sales of renewable energy certificates declined over 22 percent to 1.25 crore units this fiscal on IEX and PXIL as compared to 1.61 crore in 2017-18, mainly due to lower inventory (supply), according to […] Read more
Industry Roadblocks May Halt Renewable Energy Growth Juggernaut Updated On Fri, Mar 29th, 2019 by Saurenergy Renewable energy saw a significant boost globally in the past few years on the back of rising awareness about trimming the effects of climate change and global warming. Moreover, many countries globally, including India, are taking an active part in increasing the share of renewables, especially, solar in their energy mix. However, there are many […] Read more
