The Top 5: Steel Companies in India & Their Commitments to Reduce CO2 Emissions Updated On Fri, May 27th, 2022 by Saurenergy The Iron and Steel industry is one of the most crucial parts of human existence. The development of any nation is directly linked to its steel consumption. The story is no different for India which is not only a consumer but also a significant producer of steel. Besides, producing 120 Million Tonnes (MT) of crude […] Read more
Gas Lobby Hinders RE Transition In Chile Updated On Mon, May 23rd, 2022 by Saurenergy The Gas lobby is throwing a spanner in the transition to renewable energy in Chile which likes to present itself as a worldwide leader on climate change. Solar and wind projects have been developed across North Chile. But, across most of South Chile people use wood for combustion. A report recently published liberally quoted Chile’s […] Read more
Vibrant Energy Strengthens Top Tier With Vinay Pabba As COO Updated On Mon, May 23rd, 2022 by Saurenergy Solar developer Vibrant Energy, a strong name in the C&I segment where it has pushed its opex model, has strengthened its senior management team. Backed by Macquarie Group, Vibrant Energy will look to Pabba as COO to grow and manage its portfolio of projects better. Pabba, an IIT Madras and XLRI Jamshedpur Alumni, is a […] Read more
UN Secy Gen Calls Renewable Energy A Lifeline To World Updated On Thu, May 19th, 2022 by Saurenergy UN Secretary-General António Guterres raised an alarm on May 18 that while time is running out to prevent the worst impacts of the climate crisis, there is a ‘lifeline’ of renewable energy right in front of us. A video message by UN Secretary General said, “We must end fossil fuel pollution and accelerate the renewable […] Read more
‘Big Battery’ fuels revenue jump at French renewables group Neoen Updated On Wed, May 4th, 2022 by Saurenergy French renewable power producer Neoen ‘s first-quarter revenue jumped by more than a third, helped by the commissioning of one of the world’s largest lithium-ion batteries in Australia, the company said on Tuesday. Neoen, which specialises in solar farms, onshore wind and energy storage, posted overall sales up 36 per cent at 109 million euros […] Read more
TotalEnergies Acquires Core Solar; Raises RE Portfolio by 4GW in USA Updated On Thu, Apr 28th, 2022 by Saurenergy French energy major TotalEnergies has announced that it has acquired Austin, US based Core Solar whose portfolio includes more than 4 GW of utility-scale solar and energy storage projects. These projects are at various stages of development across several U.S. states and power markets. According to TotalEnergies official statement, Core Solar CEO Greg Nelson and […] Read more
Siemens Gamesa to sell European RE assets to SSE for €580 million Updated On Thu, Apr 21st, 2022 by Saurenergy Renewable Energy major Siemens Gamesa has announced that it has entered into an agreement with Scotland-based SSE Renewables to sell its South European renewables development assets for a total cash consideration of €580 million. The official statement says that the sale includes a pipeline of onshore wind projects that have a total capacity of 3.9 […] Read more
Renewable PPA’s In Europe Surge 8.1% QoQ Updated On Wed, Apr 13th, 2022 by Saurenergy European renewable PPA prices surged 8.1% quarter over quarter and 27.5% year over year, with the crisis in Ukraine the latest development to the deepening energy crisis, according to LevelTen Energy’s European Q1 2022 PPA Price Index, released today. Despite this uncertainty, demand for renewables has remained strong causing a shortage of projects for buyers. The […] Read more
CERC Deviation Settlement Mechanism To Hurt Renewable Players, Says NSEFI Updated On Mon, Apr 11th, 2022 by Saurenergy In a letter to Indu Shekhar Chaturvedi, Secretary, the Ministry of New and Renewable Energy, the National Solar Energy Federation of India (NSEFI), a key developer body of renewable players has flagged major industry concerns on the Deviation Settlement Mechanism for renewable energy as notified by the Central Electricity Regulatory Commission (CERC). The new rules […] Read more
