Wärtsilä to Set Up Netherlands’ Largest Energy Storage System Updated On Mon, Dec 27th, 2021 by Saurenergy Technology group Wärtsilä will supply a 25-megawatt (MW) / 48-megawatt hour (MWh) energy storage system to GIGA Storage BV in the Netherlands to help stabilise the electric grid. This will be Wärtsilä’s first energy storage project in the Netherlands and it will be the country’s largest system to date. The order was booked to Wärtsilä […] Read more
Amp Energy Commissions 13.5MW Solar Power Project in Maharashtra Updated On Mon, Dec 27th, 2021 by Saurenergy New Delhi-based Amp Energy India has recently commissioned a 13.5 MW solar power project for cement manufacturer Orient Cement. The 13.5 MW project will supply solar power to Orient Cement’s manufacturing facility in Maharashtra from Amp’s open access facility in Gurgaon village, district Osmanabad in the state. Orient Cement has signed a Power Purchase Agreement (PPA) […] Read more
Coal Demand Rises In India, IEA Says Net Zero Should Have Stronger Implications Updated On Fri, Dec 24th, 2021 by Saurenergy The IEA’s Coal 2021 report shares worrying insights for India. The global power generation from coal is expected to take a leap by 9% in 2021, after consecutively falling in the previous two years. An all-time high of 10,350 terawatt-hours is the demand so far. India is the second-largest producer, consumer and importer has received […] Read more
SJVN and DVC Ink MoU For Floating Solar Energy Projects Updated On Fri, Dec 24th, 2021 by Saurenergy Continuing the PSU push into solar, SJVN Limited has entered into a MoU (Memorandum of Understanding) with Damodar Valley Corporation (DVC) for harnessing potential Solar Energy of about 2000 MW available under the DVC Command Area. SJVN and DVC will jointly identify suitable water-bodies and available land under the SJVN and DVC command area for […] Read more
REC, German Dev Bank to Finance India’s Power Sector and RE Projects Updated On Thu, Dec 23rd, 2021 by Saurenergy REC Limited has entered into an agreement with KfW Development Bank for availing the Official development assistance (ODA) loan of USD 169.5 million under the Indo-German Bilateral Partnership in accordance with the approval granted by the Department of Economic Affairs, the Ministry of Finance, the Government of India, an official release said. The proceeds from […] Read more
EKI Energy Services Races To Make The Most Of Its Headstart In Carbon Credits Updated On Wed, Dec 22nd, 2021 by Saurenergy For Indore based EKI Energy services Limited, the past 12 months have been nothing short of a ride of a lifetime. The firm has left many startups in the shade with the incredible price movement of its stock, soon after it listed on the BSE SME index. After issuing shares at a price of Rs […] Read more
Curbs On Banking Of Power Risks Hurting Renewable Producers Updated On Wed, Dec 22nd, 2021 by Saurenergy A briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research asserts that new restrictions on banking of power will inhibit the growth of the rooftop and open-access solar market. This would have a wide ranging impact on India’s national target of 500 gigawatts (GW) of installed renewable capacity by […] Read more
Octopus Energy, Sterlite Power Sign MOU For Green Power Systems Updated On Tue, Dec 21st, 2021 by Saurenergy UK based 1.2 billion pound sterling energy group Octopus Energy Group, which has over 3 million customers in the UK has entered into an MOU with leading Indian power transmission player Sterlite Power. The agreement aims to help decarbonise Indian industry and bring cheaper green power to consumers around the world. The Memorandum of Understanding […] Read more
Wind Energy Fight Escalates, As Europe Imposes Tariffs On Chinese Steel Turbine Towers Updated On Tue, Dec 21st, 2021 by Saurenergy Europe’s focus on protecting its lead in Wind Energy sector, especially offshore wind in recent times, has just escalated with the European Commission imposing tariffs of upto 19.2% on China-origin steel wind turbine towers. According to the EU statement, it found that Chinese firms had dumped about 300 million euros ($337 million) a year worth […] Read more
