Engie Acquires 1,250 MW Solar & Storage Projects in US from Revolve Renewable Power Updated On Fri, Jan 13th, 2023 by Saurenergy Engie has acquired the 250 MW Parker Solar and Storage Project, and the 1,000 MW Bouse Solar and Storage Project from Revolve Renewable Power. The announcement has been made by Revolve Renewable Power and the projects have been sold to Engie IR Holdings LLC that is a wholly owned subsidiary of Engie. The two companies […] Read more
UAE’s Masdar to Develop 1 GW Renewable Energy Projects in Kyrgyzstan Updated On Wed, Jan 11th, 2023 by Saurenergy UAE renewable energy conglomerate Masdar has announced that it has signed an agreement with the Ministry of Energy, Kyrgyzstan, to develop a pipeline of renewable projects in the Central Asian country, with a capacity of up to 1 gigawatt (GW). Masdar will first develop a 200 MW solar photovoltaic (PV) plant which is scheduled to […] Read more
UK’s Hive Energy to Invest $4Billion for 4 GW of Solar + Storage in Turkey Updated On Tue, Jan 10th, 2023 by Saurenergy The United Kingdom-based Hive Energy has said that it will be investing $4 billion for the development of solar power projects with energy storage facilities in Turkey. As per reports, the firm will be constructing the projects through joint ventures with two partners based out of Turkey itself. Hive Energy is headquartered in Hampshire in […] Read more
H2Carrier, Anori to Develop ‘Wind Energy to Green Ammonia’ Project in Greenland Updated On Wed, Jan 4th, 2023 by Saurenergy A letter of Intent has been signed between Norway-based floating energy production and storage maker H2Carrier and Greenland-based Anori for the construction of the first commercial wind farm in Greenland and the use of green energy subsequently for the production of green ammonia. The end product will also be exported to international markets, as per […] Read more
Amendments in Electricity Rules Add Clarity On Energy Storage, Open Access Charges Updated On Wed, Jan 4th, 2023 by Saurenergy In a notification on changes to the Electricity Rules for Consumers, the government has sought to add a level of clarity on charges payable by consumers, as well as the status of energy storage systems. Limit To Open Access Charges The notification starts off by establishing a limit of 20% of the cost of supply […] Read more
US Electrical Generation by RE Sources Grows by 14.3% in Past Year, Solar Share Over 5% Updated On Tue, Jan 3rd, 2023 by Saurenergy As per a report by the SUN DAY Campaign of data which was recently shared by the U.S. Energy Information Administration (EIA), the country’s electrical generation from renewable sources of energy in the first ten months of 2022 stood at 23%. The concluding issue of EIA’s “Electric Power Monthly” report series further shared that during […] Read more
Adani Electricity Mumbai (AEML) Tender for 1500 MW Renewable Energy Updated On Tue, Jan 3rd, 2023 by Saurenergy In order to double its renewable share in the present offering to consumers, Adani Electricity Mumbai Limited (AEML) – a DISCOM under Adani Group – has issued a tender for the purchase of 1500 MW of power from grid connected renewable energy plants. Of this, 750 MW will be under greenshoe option. The AEML notification […] Read more
Haryana (HERC) Amends Renewable Purchase Obligation Policy, Adds Wind Updated On Tue, Jan 3rd, 2023 by Saurenergy Haryana has made the renewable purchase obligation (RPO) system more dynamic and eased the liability of stakeholders as it has included wind energy within the ambit of RPO. In an important development, the Haryana Electricity Regulatory Commission (HERC) has amended the policy on RPO by including wind energy and aligning solar energy to the other […] Read more
Turkey Imposes Regulation on Buildings to Meet 5% Energy Needs from RE Updated On Tue, Jan 3rd, 2023 by Saurenergy The world is ramping up energy efficiency efforts by establishing new building codes. Recently, India also set up new norms, including for residential buildings, under the ambit of Energy Conservation (Amendment) Bill 2022. In its bid towards decarbonization, Japan has also mandated the installation of solar panels for new homes post 2025. Now, Turkey has […] Read more