Google to Buy Wind Energy from Ørsted for US Datacenters Updated On Mon, Apr 3rd, 2023 by Saurenergy In a quest to step-up the decarbonisation of its activities, tech giant Google has signed a 150 MW PPA with Danish energy major Ørsted for the purchase of renewable energy generated by Helena Wind Farm for the next 15 years. The Ørsted wind project was commissioned last year and provides low-cost electricity to the South […] Read more
CERC Cuts Ceiling Price For Power Trading, HP-DAM Peak Cut From Rs 50 To Rs 20/unit Updated On Mon, Apr 3rd, 2023 by Saurenergy Read more
Government Plans For Bids Totaling 250 GW of Green Energy By March 2028 Updated On Mon, Apr 3rd, 2023 by Saurenergy A government memo has revealed that India will be issuing tenders for the installation of 250 GW of green energy capacity in the country by March 2028. According to the Government memo, India will be inviting bids from developers for the installation of 15 GW of renewable energy capacity each in the starting two quarters […] Read more
Battery Recycling Startup-Metastable Bags Seed Funding Under Scale-Up Programme Updated On Mon, Apr 3rd, 2023 by Saurenergy Metastable, a deep-tech battery recycling startup, has raised seed funding under Sequoia Capital Asia’s rapid scale-up programme, ‘ Surge’. The Bengaluru-based urban mining company works towards extracting crucial elements of Lithium-ion batteries up to the optimal level. In a release to the media, the firm said that it had raised seed funding through the programme. […] Read more
South Pole And Oorja To Use New D-RECs For India’s Diesel Problem Updated On Mon, Apr 3rd, 2023 by Saurenergy The D-REC Initiative, a new not-for-profit platform to deliver internationally recognised guarantees of origin from distributed renewable energy, has announced that its new market mechanism and technology has been adopted by farming-as-a-service company, Oorja Development Solutions, and climate advisory and finance business, South Pole, to support last-mile communities in India transition to renewable energy. Approximately […] Read more
Sushil Virmani is New Managing Director of Best Power Equipments (BPE) Updated On Mon, Apr 3rd, 2023 by Saurenergy End-to-end strategic power solutions manufacturer Best Power Equipments Pvt Ltd (BPE) has appointed Sushil Virmani as the Managing Director of the company. The company said that Sushil Virmani, a veteran of the power industry, will be instrumental in fueling the growth of BPE as a global player. Before this, Virmani was the MD of Socomec […] Read more
US State Of Maryland Quadruples Offshore Wind Target To 8.5 GW, Set To Pass Law Updated On Mon, Apr 3rd, 2023 by Saurenergy The state of Maryland in the US has set a new target of offshore wind energy in a quest to achieve the national goal of zero carbon emission and combat climate change. Maryland governor Wes Moore said during the International Partnering Forum, 2023, in Baltimore that the state has now more than quadrupled the previous […] Read more
CERC Cuts Ceiling Price For Power Trading, HP-DAM Peak Cut From Rs 50 To Rs 20/unit Updated On Mon, Apr 3rd, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest suo-moto order has approved a reduction of the ceiling prices for different existing Day-Ahead Markets (DAM). It comes days ahead of the summer season when the peak demands are anticipated to escalate sharply, with the government making strenuous efforts to keep the lights on with a […] Read more
GE, Siemens Gamesa Settle Patents Dispute Outside Courts Updated On Mon, Apr 3rd, 2023 by Saurenergy Global wind energy conglomerates GE and Siemens Gamesa have announced that they have reached an amicable settlement to end both their legal cases regarding patent disputes in connection with the Haliade-X wind turbine. The two firms have multiple pending cases in Europe and the US. Both GE and Siemens Gamesa have kept the settlement terms confidential. […] Read more
