U.K. Poised to Become Net Energy Exporter to Europe in Near Future Updated On Tue, Jun 8th, 2021 by Saurenergy Although the UK currently imports around 7% of its electricity from Europe, the tables are going to be turned soon, partly due to the on-going establishment of new links to the continent. Aiming to quadruple offshore wind capacity this decade, the UK could have excess power to send through those transmission lines. Consequently, the UK […] Read more
Renewables Produce Record 50.7% of Energy in May in Spain Updated On Tue, Jun 8th, 2021 by Saurenergy The Red Eléctrica de España (REE), a partly state-owned and public limited corporation which operates the national electricity grid in Spain, recently reported that renewable energy reached an important milestone last month when, for the first time, more than half of the energy produced in the country was of renewable origin. The data supplied by […] Read more
BPCL Floats Tender For 15 MW of Open Access Renewable Power Updated On Tue, Jun 8th, 2021 by Saurenergy Oil and Gas major Bharat Petroleum Corporation Limited (BPCL) has floated a tender for the supply of 15 MW of solar or non-solar Renewable Power under open access to BPCL and its Mumbai Refinery at Mahul. According to the tender document and Power Purchase Agreement (PPA), the scope of work for supplier includes evacuating solar […] Read more
Canada Launches $800 M RE & Grid Modernisation Program Updated On Fri, Jun 4th, 2021 by Saurenergy Seamus O’Regan Jr., Canadian Minister of Natural Resources, recently launched a CAD 964 million (USD 800 mn) program that will support smart renewable energy and grid modernisation projects over four years, aiming to lower emissions and help the country achieve carbon neutrality by 2050. “Our new Smart Renewables and Electrification Pathways Program will increase our […] Read more
Global Energy Investments Far From a Net Zero Pathway: IEA Updated On Thu, Jun 3rd, 2021 by Saurenergy As spending rebounds towards pre-crisis levels, not enough is going into clean energy, especially in emerging market and developing economies, new IEA report finds Global investment in energy is set to rebound by nearly 10% in 2021 to USD 1.9 trillion, reversing most of last year’s drop caused the Covid-19 pandemic, but spending on clean […] Read more
Ørsted Sharpens Strategy To Maintain Green Energy Major Status Updated On Thu, Jun 3rd, 2021 by Saurenergy Danish wind energy major Ørsted, that claims to run completely on green energy, approves fresh strategic ambition and financial guidance. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and provides energy products. It has installed a total of 12 GW of renewable energy capacity over […] Read more
Wärtsilä’s Energy Storage Projects in Philippines Achieves Final Commission Updated On Thu, Jun 3rd, 2021 by Saurenergy Finnish manufacturer and service provider of power sources and other equipment in the marine and energy markets, Wärtsilä Corporation announced the final commissioning of the first two of its multiple energy storage projects in the Philippines. Wärtsilä has had signed many projects with SMC Global Power Holdings Inc. through its subsidiary, Universal Power Solutions Inc., […] Read more
CWP & Mauritania In MOU to Build Green H2 Plant, but will Citizens Benefit? Updated On Thu, Jun 3rd, 2021 by Saurenergy NSW-headquartered renewable energy developer CWP Global recently announced that it has signed a Memorandum of Understanding (MoU) with the government of Mauritania for the development of a 30GW green hydrogen project. CWP claims that the project, called Aman, will be the world’s biggest renewable energy project, exporting green hydrogen and its derivatives to global markets. […] Read more
Renewables The Growth Engine- Tata Power Q4 Analyst Call Updated On Thu, Jun 3rd, 2021 by Saurenergy Tata Power has been on a roll recently. And that is not just the share price we are talking about. A series of decisions taken by the firm in the past 2-3 years, are finally leading to the firm delivering on the promise of being the largest integrated power firm in the country. Those changes […] Read more
