D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification Updated On Fri, Feb 10th, 2023 by Saurenergy D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing […] Read more
Delhi To Seek 6000 MW From Renewable Sources by 2025-26 Updated On Fri, Feb 10th, 2023 by Saurenergy The Delhi Government has set sights on augmenting power generation from renewable sources by 6000 MW in the span of the next three years, Deputy Chief Minister of Delhi, Manish Sisodia has announced. This will be achieved through a slew of initiatives. He added that the city’s electricity demand is on the rise and the […] Read more
Morocco Eyes 1.6 GW Renewables with $1.95 Billion Investment in Disputed Western Sahara Area Updated On Thu, Feb 9th, 2023 by Saurenergy Morocco is emerging as the top performer when it comes to the adoption of renewables and minimizing the use of fossil fuels to generate power. In a new development, Morocco has launched a new project for renewable energy development in Western Sahara region with a massive investment of 20 billion dirhams ($1.95 billion). The announcement was made […] Read more
GE Renewable Energy To Upgrade 39 Substations In Nepal Updated On Thu, Feb 9th, 2023 by Saurenergy GE Renewable Energy’s Grid Solutions Business is set to modernise 39 substations in Nepal, providing a boost to the country’s power transmission and distribution infrastructure. Supported by the Asian Development Bank (ADB), the project includes construction of six Master Control Centers (MCCs) that will be monitored by GE Digital Solutions. A Modern Power Infrastructure for […] Read more
SJVN Mulls Building 700 MW Solar Power Plant in Kanpur Updated On Thu, Feb 9th, 2023 by Saurenergy State-owned Satluj Jal Vidyut Nigam (SJVN) is mulling over the development of a 700 MW solar power project in Uttar Pradesh’s Kanpur town. According to reports, SJVN has inked a new Memorandum of Understanding (MoU) with the Uttar Pradesh State Industrial Development Authority (UPSIDA) where it will be investing approximately Rs 3400 crore in the […] Read more
Chemical Czar LyondellBasell Signs PPAs for 560 MW Renewable Energy Updated On Thu, Feb 9th, 2023 by Saurenergy Global chemical conglomerate LyondellBasell has announced that it has signed the first two European renewable electricity power purchase agreements (PPAs) and two additional PPAs in the United States to help decarbonize its operations. The combined additional contracts represent a total of approximately 560 MW of renewable energy capacity. As per the official statement, LyondellBasell has […] Read more
India Energy Week: Important Announcements, Intriguing Innovations Updated On Wed, Feb 8th, 2023 by Saurenergy On the platform of the ongoing Indian Energy Week, held at Karnataka, several key announcements have been made and intriguing innovations have been unveiled. Here is a recap of them- “Karnataka has highest number of EV; is highest RE manufacturer” Karnataka Chief Minister Bommai has said that Karnataka has 15,000 MW worth of in-stand renewable […] Read more
Enel Adds 5.2 GW Renewables World Over In 2022, 2 GW In North America Only Updated On Wed, Feb 8th, 2023 by Saurenergy North American clean energy firm Enel North America has announced that it has built 1.98 GW of utility-scale wind, solar and battery storage capacity across the US and Canada in 2022 alone. Worldwide, Enel built over 5.2 GW of new renewable capacity over the course of the year. Starting as an Italian utility firm, ENEL […] Read more
Navigating India’s Energy Transformation Through JETP Approach Updated On Wed, Feb 8th, 2023 by Saurenergy Just Energy Transition Partnership (JETP) was first announced at the CoP26 and has since emerged as a key mechanism for multilateral financing by developed countries to support an energy transition in developing countries. JETPs provide a means for partner countries to work with climate finance donors and private sector investors on a clean, just energy […] Read more
