Iberdrola to Supply Over 1 TWh Renewable Power to Amazon Updated On Wed, Mar 29th, 2023 by Saurenergy In a key development that will step-up the decarbonisation of global e-commerce and cloud company Amazon, Spanish energy firm Iberdrola has inked its largest ever power purchasing agreement (PPA) under which it will develop large-scale renewable energy projects along with Amazon. The PPA is signed for the Iberdrola renewable energy projects – new wind and […] Read more
Brookfield, EIG Consortium Ink Pact to Acquire Origin Energy for A$18.7bn Updated On Wed, Mar 29th, 2023 by Saurenergy A consortium comprised of Brookfield Renewable Partners, together with institutional investors GIC and Temasek, and MidOcean Energy of leading investor EIG will be acquiring 100% shares of Origin Energy Limited. The parities have signed a Scheme Implementation Deed. Origin Energy is Australia’s largest integrated power generator and energy retailer. The Scheme values Origin at an […] Read more
India & Sri Lanka Build Momentum Further on Renewable Energy Updated On Wed, Mar 29th, 2023 by Saurenergy A memorandum of understanding (MoU) on renewable energy is in the offing between India and Sri Lanka. The Island nation is striving for the generation of 70 per cent of its electricity requirements from renewable sources by the end of the decade and the agreement will facilitate this goal. As per a member of the […] Read more
Southeast Asia Needs US$200bn for Swift Energy Transition by 2030: IEA Updated On Tue, Mar 28th, 2023 by Saurenergy The International Energy Agency (IEA) in its latest report has noted that Southeast Asia will need at least US$200bn worth of investment in the energy sector by 2030 to speed up their clean energy transition. As per reports, the investments in renewables need more impetus with sufficient policies to support the development of robust project […] Read more
Agrivoltaics Progress As Solution for Food Security & Climate Change Updated On Tue, Mar 28th, 2023 by Saurenergy The substantial increase in the human population and the anthropogenic burden on the environment have led to two significant challenges for the world’s future development: climate change, with a focus on green and renewable energy to combat the global energy crisis, and rising hunger and malnutrition. While the former is often in the limelight on […] Read more
NTPC REL & Indian Army Join Forces for Green Hydrogen Projects Updated On Tue, Mar 21st, 2023 by Saurenergy A fully-owned subsidiary of the NTPC Limited, NTPC Renewable Energy Ltd has signed an MoU with the Indian Army for the establishment of Green Hydrogen projects in its establishments. These will be on Build, Own and Operate (BOO) model. The aim of the partnership is to reduce complex logistics, dependence on fossil fuels and to […] Read more
Amplus Solar Signs MoU with Andhra Pradesh for Distributed Green Hydrogen Production Updated On Tue, Mar 21st, 2023 by Saurenergy Distributed clean energy solutions provider Amplus Solar has entered into a Memorandum of Understanding (MoU) with the Andhra Pradesh government. This agreement will pave the way for the establishment of multiple decentralized Green Hydrogen production plants in the state. The firm has set sights on setting up 7.5 KPTA-distributed green hydrogen plants for industrial consumption […] Read more
Sterlite Power Bags Green Energy Transmission Project in Rajasthan Updated On Fri, Mar 17th, 2023 by Saurenergy Private sector power transmission infrastructure developer and solutions provider across India and Brazil, Sterlite Power, has bagged a transmission project for evacuation of power from Renewable Energy Zones in Rajasthan. These are under Phase-III Part G. Sterlite Power won the project through the bidding process via tariff-based competitive bidding (TBCB). The firm received the Letter […] Read more
IPP DNV Picked as Advisor for South Korea’s Offshore Grid Plan Updated On Fri, Mar 17th, 2023 by Saurenergy Independent Power Provider DNV has been picked by Korea Electric Power Corporation (KEPCO) to help with the development of an offshore power grid plan. The offshore project will transfer renewable offshore wind power to South Korea. KEPCO is the largest electric utility in South Korea. The said project is slated for completion by the middle […] Read more
