Adani Green Launches Three Step-Down Subsidiaries in Renewable Segment Updated On Tue, Oct 4th, 2022 by Saurenergy Three new subsidiary businesses for the renewable energy industry have been incorporated by Adani Renewable Energy Holding Four Limited. Adani Renewable Energy Holding Four Limited is its subsidiary, and the recently established firms are its step-down subsidiaries, according to a statement released by Adani Green Energy Ltd (AGEL). “Three brand-new subsidiaries have been incorporated by […] Read more
Chemours to Invest $200 Million in Hydrogen Tech Solutions Updated On Tue, Oct 4th, 2022 by Saurenergy Delaware-headquartered Chemours Company has announced that it has planned a $200 million investment to increase capacity and advance technology for its industry-leading Nafion ion exchange materials to support the Hydrogen Economy. Chemours is a global chemistry company with considerable market positions in titanium technologies, thermal and specialized solutions and advanced performance materials. The tackling of […] Read more
Tata Power-Distribution Seeks Approval for Short-Term Power Purchase for October Updated On Mon, Oct 3rd, 2022 by Saurenergy On August 26, 2022, Tata Power Company Limited Distribution (TPC-D) submitted a petition to adopt a tariff for the purchase of 75 MW round-the-clock power (RTC). Following the tariff-based competitive bidding guidelines published by the Ministry of Power (MoP), Government of India (GOI), on March 30, 2016, Tata Power Company is looking to acquire electricity […] Read more
JUMIA Partners with BILITI Electric to Include E-Vans in Delivery Fleet Updated On Sat, Oct 1st, 2022 by Saurenergy Nigeria based e-commerce company, JUMIA has announced a partnership with California-based EV solutions provider BILITI Electric, to add e-vans to its delivery fleet in Kenya. Through this collaboration, both companies have completed the pilot project, and are set to scale the fleet within Kenya in the first phase, and eventually across Africa. According to both […] Read more
AGEL Commissions 600 MW Capacity of World’s Largest Hybrid Power Plant Updated On Fri, Sep 30th, 2022 by Saurenergy A wind-solar hybrid power plant in Jaisalmer, Rajasthan, with a 600 MW of capacity has been commissioned by Adani Green Energy (AGEL). The hybrid power project has been developed by two subsidiaries, Adani Hybrid Energy Jaisalmer Two and Adani Hybrid Energy Jaisalmer Three. According to the official statement, the project would include 150 MW of […] Read more
Now Germany Adopts New Model For its Renewable Energy Tenders Updated On Fri, Sep 30th, 2022 by Saurenergy Three further initiatives to support Germany’s pish for more renewable energy sources for electricity production have been given the green light by the European Commission by EU State Aid regulations. A change from a fixed to a sliding market premium (New Model) in the payout structure for tenders supporting innovation is one of the approaches. […] Read more
Australia’s AGL Energy Plans to Invest $13B in Renewable Energy by 2036 Updated On Fri, Sep 30th, 2022 by Saurenergy An Australian energy generator and retailer, AGL Energy Ltd. recently announced to spend up to A$20 billion ($13 billion) by 2036 on renewable energy and accelerate the end of coal-fired generating by ten years. The country’s largest electricity producer and highest polluter made a U-turn following a vocal campaign by the top shareholder and billionaire […] Read more
Vattenfall To Develop 1-GW Offshore Wind Farm in Germany Updated On Fri, Sep 30th, 2022 by Saurenergy Vattenfall has announced that it has informed the German Authorities that it has exercised its ‘Right of Entry’ in the N-7.2 Wind Power Project. The right to entry is a part of the tender process for the construction of a large wind farm off the German island of Borkum in the German North Sea coast. […] Read more
TotalEnergies Considers The Possibilities Of The 5X Jump In Value Of AGEL Investment Updated On Fri, Sep 30th, 2022 by Saurenergy Patrick Pouyanne, CEO at French energy major TotalEnergies’ SE has indicated that the firm will consider the possibility of selling a small part of its 20% stake in Adani Green Energy Ltd. At current prices, that stake is worth just around $10 billion. In 2021, the French energy company had paid $2 billion for its […] Read more
