The $12 Billion dollar Question. When Promoter, Group And Subsidiary All Go For a Cleanup Updated On Fri, Apr 1st, 2022 by Saurenergy Cleanups don’t go deeper than this. The Anil Agarwal owned $12 billion Vedanta Group, a mining major that has had its share of confrontations with environmentalists worldwide, has embarked on a major green push. It’s a push accompanied by similar moves at Subsidiary Hindustan Zinc limited. And not just that, all this comes even as […] Read more
Lightrock Power to Build 400 MW Solar Projects in UK Updated On Fri, Apr 1st, 2022 by Saurenergy After ‘farming friendly’, animal friendly solar is also getting here. Bristol based solar power developer Lightrock Power has announced that the company plans to develop a number of solar projects in the United Kingdom that will be ‘wildlife-friendly.’ The combined capacity of the solar projects will be 400 MW. As per Lightrock Power, these upcoming […] Read more
Andrew Forrest, The Aussie Metals Billionnaire-turned Green Investor Updated On Thu, Mar 31st, 2022 by Saurenergy “Our organisations will be going like crazy because for us it’s a minimum $50 billion expenditure,” said Fortescue Metals Group’s billionaire founder Andrew Forrest this week while referring to a major agreement, as per which his Australian iron ore mining company will produce 10 million tonnes of hydrogen for German energy giant E.ON. Fortescue later […] Read more
Queensland Goes With Tesla Megapack Batteries for 100MW BESS Project Updated On Thu, Mar 31st, 2022 by Saurenergy The state government of Queensland has announced that the state owned power company CS Energy will build a 100MW battery energy storage system (BESS) by using Tesla Inc’s Megapacks batteries to support renewable power. The move comes despite the well publicised accident involving the megapacks in Australia’s Victoria Big Battery project earlier in July last […] Read more
Discom Debt Rises to Over Rs 109,000 crore in March: Power Ministry Updated On Thu, Mar 31st, 2022 by Saurenergy The PRAAPTI portal of the Ministry of Power has revealed the debt of the power distribution companies is rising fast. Overall Discom debt levels, far from dropping, continues to rise. PRAAPTI stands for Payment Ratification and analysis in power procurement for bringing transparency in invoicing of generators. The data reveals that at the end of […] Read more
Australia’s Woodside Petroleum to Fund Heliogen’s CSP Technology Updated On Wed, Mar 30th, 2022 by Saurenergy Heliogen, a provider of AI-enabled concentrated solar energy, and Woodside Energy, a wholly-owned subsidiary of Australian energy producer Woodside Petroleum Ltd, have announced a project agreement for the commercial-scale demonstration deployment of Heliogen’s AI-enabled concentrated solar energy technology proposed to be built in Mojave, California. The project agreement follows the previous announcement by Woodside to […] Read more
Global wind & solar power growth on track to meet climate targets: report Updated On Wed, Mar 30th, 2022 by Saurenergy Solar and wind power can grow enough to limit global warming to 1.5C if the 10-year average compound growth rate of 20% can be maintained to 2030, independent climate think tank Ember said in a report on Wednesday. Solar generation rose 23% globally in 2021, while wind supply gained 14% over the same period. Together, […] Read more
Milky Mist Dairy commissions 7 MW solar power plant in Tamil Nadu Updated On Wed, Mar 30th, 2022 by Saurenergy Tamil Nadu-based dairy products manufacturer Milky Mist Dairy has commissioned a 7 MW solar power plant at Kavilipalayam village in the city of Erode on March 21, seeking to itself as the forerunner in environmental sustainability. Milky Mist, with an annual turnover of Rs 1,100 crore, has embarked on switching over to renewable green energy […] Read more
Endesa’s €600 million RE park in Portugal to have Solar, Wind and Green Hydrogen Updated On Tue, Mar 29th, 2022 by Saurenergy Enel Group subsidiary Endesa Generación Portugal will develop a renewable energy park that will have solar, wind and green hydrogen projects. This will require an investment of €600 million in the Abrantes region of Portugal. Endesa has also been awarded rights to build a 168.6 megawatt (MW) battery energy storage system (BESS) also that will […] Read more
