Three Norway RE Firms make ‘Hydepoint’ for offshore green hydrogen production Updated On Mon, May 2nd, 2022 by Saurenergy Three major renewable energy players based out of Norway have joined forces to develop a combined offshore wind energy substation and an offshore hydrogen factory in the seas of Norway. Arendals Fossekompani, Kongsberg and Moreld are the collaborating companies who will have equal shares in a new company called ‘Hydepoint.’ The official statement of the three companies reveals […] Read more
Solis bags Top Brand PV Seal From EUPD Research Again Updated On Mon, May 2nd, 2022 by Saurenergy Germany based EUPD Research recently announced the first batch of Top Brand PV 2022 seal winners. In Brazil and South Africa, the inverter manufacturer Solis has been awarded the Top Brand PV 2022 seal. This is based on a survey of PV installers in Brazil and South Africa conducted by EUPD Research, a market and […] Read more
NGSL Signs Pact With African Bloc For RE Development In Africa Updated On Mon, May 2nd, 2022 by Saurenergy NTPC GE Power Services Limited (NGSL) has inked a tripartite Memorandum of Engagement (MoE) with The Lake Region Economic Bloc (LREB), Kenya and Procorp Enertech Private Limited (PEPL) where the three entities will cooperate for the development of solar power projects in Africa. The official statement says that the MoE specifically envisages installations of ground […] Read more
Jinko Solar Q1 Results Report 8.4 GW of Shipments, Up 56% YoY Updated On Mon, May 2nd, 2022 by Saurenergy Module major Jinko Solar has announced its Q1 results, and as expected, the results are a major jump over the corresponding period last year. Total revenues were RMB 14.76 billion ($2.24 billion), a growth of 86% year-on-year (YoY). Gross profit came in at RMB 2.23 billion ($338.6 million), a 64% YoY increase even as it […] Read more
Indonesian Anantara Joins the List of Singapore’s Renewable Energy Suppliers Updated On Mon, May 2nd, 2022 by Saurenergy Indonesia based Anantara Energy Holdings Pte Ltd, a new JV between local solar power producer Quantum Power Asia and German renewable energy firm ib vogt GmbH, plans to export electricity to Singapore. The JV will see an investment to the tune of USD 5 billion (EUR 4.64bn) in the project, building a solar park of […] Read more
Odisha Continues To Take Small Steps Towards Renewables, Adds Solar Panels in schools Updated On Mon, May 2nd, 2022 by Saurenergy The Odisha Government is making strides in the realm of solar power development that is bringing multidimensional changes in the everyday life of the people. In a fresh instance, the Chief Secretary of the state, SC Mohapatra, has unveiled a solar power system in a government high school in Ganjam district’s Narayanpatna area. There would […] Read more
TANGEDCO To Add 3 MW Solar Power Under PM-KUSUM Scheme Updated On Mon, May 2nd, 2022 by Saurenergy The Tamil Nadu Electricity Regulatory Commission(TNERC) has allowed the Tamil Nadu Generation and Distribution Corporation Ltd (Tangedco) to procure solar power with a combined capacity of 3 MW generated by two farmers in the state. The solar power will be purchased at a tariff of Rs 2.99 per unit, under Component – A of the […] Read more
Shell Signs Agreement To Acquire Sprng Energy Group For $1.55 Billion Updated On Fri, Apr 29th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India. Its […] Read more
Solar Delivered 15% Of 201 GW Peak Demand On April 26 Updated On Fri, Apr 29th, 2022 by Saurenergy Renewable energy has come to the rescue during the ongoing power crisis triggered by surging demand amid the heat wave condition in the country, especially when the peak electricity supply hit the record level of 201.06 GW earlier this week, a senior official said on Thursday. The maximum pan-India power demand met or the highest […] Read more
