Adani Green to Take Over 50 MW Solar Asset from SkyPower Global Updated On Sat, Mar 20th, 2021 by Saurenergy One of India’s leading renewable companies, Adani Green Energy Limited (AGEL) has announced that it has signed a share purchase agreement for the acquisition of a 100 percent stake in a special purpose vehicle (SPV) holding 50 MW operating solar project of SkyPower Global, developers and owners of utility-scale solar energy projects, with more than […] Read more
Reshaping the Future of the Electric Grid Through Low-Cost, Long-Duration Discharge Batteries Updated On Thu, Mar 18th, 2021 by Saurenergy A new era of energy provided by renewables may be close, thanks to research begun at the Joint Center for Energy Storage Research (JCESR), a U.S. Department of Energy (DOE) Energy Innovation Hub led by DOE’s Argonne National Laboratory, and continued at its spinoff company, Form Energy. The challenge JCESR addressed is long-duration energy storage – […] Read more
Fortescue and EIG-Backed Companies Sign MoU to Develop Green Hydrogen Plant in Brazil Updated On Wed, Mar 17th, 2021 by Saurenergy EIG, a leading institutional investor to the global energy sector, and Prumo Logística S.A. (“Prumo”), a private Brazilian company controlled by EIG, today announced the signing of a Memorandum of Understanding (“MoU”) between Prumo’s subsidiary, Porto do Açu Operações S.A. (“Port of Açu” or the “Port”), and Fortescue Future Industries Pty Ltd (“FFI”). FFI is […] Read more
SECI Reschedules Pre-bid Meeting for its 1785 MW Rajasthan Solar Tender Updated On Wed, Mar 17th, 2021 by Saurenergy SECI has notified that it has rescheduled the pre-bid meeting for its tender for setting up 1785 MW solar projects in Rajasthan (Tranche-IV). The Solar Energy Corporation of India (SECI) has notified that it has rescheduled the pre-bid meeting for its tender for the selection of Solar Power Developers (SPDs) for setting up 1785 MW […] Read more
419.74 MW Installed in February, Renewable Capacity in India at 92.97 GW Updated On Wed, Mar 17th, 2021 by Saurenergy MNRE in its monthly summary has detailed that with 419.74 MW installed in February, total renewable energy capacity in India has reached 92.97 GW. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of February 2021, detailing all the events and development that took place during the […] Read more
IIT Brings Prototype to Use Hydrogen Fuel With Ease and Safety Updated On Wed, Mar 17th, 2021 by Saurenergy IIT (BHU) professor Dr. Rajesh Kumar Upadhyay has come up with a membrane reformer prototype for producing ultra-pure hydrogen from methanol. IIT (BHU) professor Dr. Rajesh Kumar Upadhyay, department of chemical engineering and technology, and his team have come up with a membrane reformer prototype that can produce ultra-pure hydrogen from methanol. The team informed […] Read more
Ayala Backed Sitara Solar Achieves Financial Closure for 100 MW Rajasthan Project Updated On Mon, Mar 15th, 2021 by Saurenergy Sitara Solar, backed by the Philippines based Ayala Solar subsidiary AC Energy and UPC Renewables China Holding, has announced financial closure for its 100 MW project in Rajasthan. The firm had won the project in SECI’s 750 MW solar auction just over a year back, by bidding at a price of Rs 2.48/KwH. The project […] Read more
Only 18% of Announced Recovery Spending can be Considered ‘Green’: Report Updated On Thu, Mar 11th, 2021 by Saurenergy An analysis of spending by leading economies has found that only 18 percent of announced recovery spending can be considered ‘green.’ One year from the onset of the pandemic, recovery spending has fallen short of nations’ commitments to build back more sustainably. An analysis of spending by leading economies, led by Oxford’s Economic Recovery Project […] Read more
Weak Performance in Rooftop Solar a Growing Concern Updated On Wed, Mar 10th, 2021 by Saurenergy Against the overall target of 40 GW rooftop solar by 2022, an aggregate capacity of 3.73 GW has been installed as of January 31, 2021. The National Institute of Solar Energy (NISE) has estimated a rooftop solar potential of 42.83 GW in India. Based on this estimation, the central government had set a highly ambitious […] Read more