New Fitch Report Says Saudi Arabia Solar Power Expansion To Reach 5.1 GW By 2031 Updated On Wed, Jun 22nd, 2022 by Saurenergy Fitch Solutions has come up with a fresh report stating that the solar power capacity of Saudi Arabia might grow to more than 5.1 GW between 2022 and 2031. The solar expansion holds massive potential given the long-term power sector plans and policy support from the Saudi Arabia government. The report also said that Saudi […] Read more
BP to take 40% stake in AREH – The $36 billion Green Hydrogen Focused Project In Australia Updated On Thu, Jun 16th, 2022 by Saurenergy Energy major BP has announced that it will acquire a 40.5 per cent equity stake in the Asian Renewable Energy Hub (AREH) to become operator of it. BP said that AREH has the potential to be one of the largest renewables and green hydrogen hubs in the world. AREH is located in the Pilbara region […] Read more
Statkraft May Supply Renewable Energy to Plants of FREYR Battery in Norway Updated On Thu, May 26th, 2022 by Saurenergy Europe’s largest renewable energy player – Statkraft – has signed a binding ‘Heads of Terms’ with FREYR Battery with an aim of converting it into a long-term physical supply agreement, with the ambition to secure a long-term supply of renewable power for FREYR’s planned battery cell production project in Mo i Rana city of Norway. […] Read more
Saint-Gobain and Sembcorp Collaborate for Green Power Capacity Building Updated On Wed, May 18th, 2022 by Saurenergy Saint-Gobain India and Green Infra Wind Energy Ltd (GIWEL) have signed a long-term wind-solar hybrid energy supply agreement. GIWEL is a subsidiary of Sembcorp Green Infra’s (SGIL) which itself is a wholly owned subsidiary of Sembcorp Industries. Supporting the commitment of Saint-Gobain to achieve carbon neutrality by 2050, Sembcorp will supply 33MW of locally sourced […] Read more
India, Maldives to Explore Transmission Interconnection For Renewable Power Transfer Updated On Wed, Apr 27th, 2022 by Saurenergy The Ministry of Power has informed that India and Maldives plan to set up a transmission interconnection for transfer of renewable power between the two countries. The proposal was discussed during the meeting between Power and New and Renewable Energy Minister R K Singh and Maldives’ Environment, Climate Change and Technology Minister Aminath Shauna in […] Read more
Statkraft inks 300 GWh RE PPA with German cement mfr Updated On Fri, Apr 22nd, 2022 by Saurenergy Statkraft, a hydropower company fully owned by the Norwegian state, has signed a further power purchase agreement (PPA) with OPTERRA, a German cement manufacturer, for the supply of renewable power from onshore wind and solar power. It follows a wind power PPA agreed in 2021 and enables OPTERRA to further transition its plant operations to a […] Read more
NTPC generated record 360 BU of energy during FY21-22 Updated On Fri, Apr 1st, 2022 by Saurenergy NTPC, India’s largest integrated power generating company, has reported the highest-ever annual group generation of 360 BU (billion units) during FY2021-22, a growth of 14.6% compared to the previous year. During this period, NTPC states, the company also recorded the highest-ever single day generation of 1215.68 MU (Group) & 1013.45 MU (NTPC). The coal-based plants […] Read more
AMPYR, Hartree Collaborate to Build 5GW of Solar Power in USA Updated On Thu, Mar 24th, 2022 by Saurenergy AGP Sustainable Real Assets has formed a joint venture (JV) with Hartree Partners to develop 5GW of utility-scale solar projects across the US. The new joint venture is named AMPYR Energy USA and will be headquartered in New York. The new entity will leverage the experience of AGP that has developed large scale RE projects […] Read more
Three Solar Parks Planned for Odisha: RK Singh, MNRE Minister Updated On Wed, Mar 23rd, 2022 by Saurenergy Union Minister for New and Renewable Energy, R.K Singh has announced that the Central Government has approved three solar power parks for the state of Odisha under the Solar Park Scheme. The cumulative capacity of all the three parks will be 340MW. In a written reply to a question asked in the Rajya Sabha, the […] Read more
