SJVN incorporates new arm for clean energy business Updated On Fri, Apr 1st, 2022 by Saurenergy State-owned Satluj Jal Vidyut Nigam (SJVN) on Thursday said it has incorporated a new subsidiary for executing renewable projects. The new subsidiary, SJVN Green Energy Ltd (SGEL), shall work in the verticals of power generation from renewable sources such as solar parks, wind & hybrid projects, battery energy storage system, assets creation in wave, biomass, […] Read more
CIP, NZ Pension Fund Explore Wind Farm To Support 100% Renewable Target By 2030 Updated On Fri, Apr 1st, 2022 by Saurenergy New Zealand Superannuation Fund has partnered with Denmark based Copenhagen Infrastructure Partners (CIP) to explore the potential for large-scale offshore wind farms in the country. The projects may come up in a large bay on the western coast of North Island – South Taranaki Bight. The pension fund can invest $1.75 billion in a wind […] Read more
How are national oil companies tackling energy transition: Woodmac Updated On Thu, Mar 31st, 2022 by Saurenergy Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions. Partly as a consequence, the energy transition strategies of most NOCs significantly lag those of their leading IOC peers, says Wood Mackenzie. NOCs account for more than half of global oil and […] Read more
LG Energy Solution to set up EV battery JV with Stellantis in Canada Updated On Thu, Mar 24th, 2022 by Saurenergy South Korean battery giant LG Energy Solution Ltd (LGES) said on Wednesday it plans to invest 1.8 trillion won ($1.48 billion) to set up a joint venture with Stellantis NV in Windsor, Canada. In October, LGES and Stellantis NV struck an electric vehicle (EV) battery production joint venture, targeting to start production by the first […] Read more
Tamil Nadu Reclaims No. 1 Spot for Renewable Energy Updated On Mon, Mar 21st, 2022 by Saurenergy Tamil Nadu has recently made it to the top of the list of Indian states ranked as per their overall installed renewable energy capacity, seizing the position from Karnataka. Interestingly, the latter toppled Tamil Nadu in 2018 to become the leader in total installed capacity in the clean energy sector, following big capacity additions in […] Read more
Mainstream Renewable, Aker buy 50% stake in 800MW offshore wind plant in Japan Updated On Tue, Mar 15th, 2022 by Saurenergy Wind and solar company Mainstream Renewable Power and Aker Offshore Wind have closed a deal which will give them a 50% stake in a 800 megawatt (MW) floating offshore wind project in Japan, the companies said on Monday. The other 50% stake in the project belongs to renewable energy project developer Progression Energy. Mainstream is […] Read more
Energy Analyst – ESS Updated On Fri, Mar 4th, 2022 by Saurenergy We seek a highly motivated and dynamic Analyst in our Gurgaon office to support our work on consulting services for electricity (including renewables) and natural gas markets of India. The selected candidate will contribute to the development of innovative, accurate, timely, and high quality outputs and services, typically working on multiple projects with our internal […] Read more
Focusing Only on Renewables a ‘Fatal Mistake’: Saudi Energy Minister Updated On Mon, Feb 21st, 2022 by Saurenergy The Saudi energy minister said on Sunday that focusing only on renewable power sources was a mistake and that the world may not be able to produce all the energy needed for economic recovery from the coronavirus pandemic. “The pandemic and the recovery underway have taught us the value of caution,” said Prince Abdulaziz bin […] Read more
India’s Hopes to Replace Diesel with Renewable Energy in Farms Rides on Solar, Mostly Updated On Mon, Feb 14th, 2022 by Saurenergy Headlines have been announcing India’s plans to shift from diesel to renewable energy for its farming sector. The headlines have taken off from a statement by Power and MNRE minister R.K. Singh during a meeting with officials on Friday. What the headlines do not indicate is how heavily this hope depends on two critical factors. […] Read more
