Offshore Wind Capex in Europe to Surpass Upstream Oil and Gas by 2022: Rystad Updated On Tue, Jun 9th, 2020 by Saurenergy A new analysis has predicted that the capex on offshore wind will match upstream Oil and Gas spending in Europe in 2021, and surpass it in 2022 The oil market collapse caused by the COVID-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in the offshore sector […] Read more
1400 GW of Offshore Wind Energy Predicted by 2050 by OREAC Updated On Tue, Jun 9th, 2020 by Saurenergy OREAC has a vision for 1400 GW of offshore wind capacity globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. The Ocean Renewable Energy Action Coalition (OREAC), on the occasion of World Ocean Day on June 8, 2020, has announced its vision for 1400 GW of offshore wind capacity […] Read more
SECI Confirms Adani, Azure, as Winners of ‘Largest’ Manufacturing Linked Bids Updated On Tue, Jun 9th, 2020 by Saurenergy 12 GW solar generation capacity, and 3 GW of manufacturing/solar kit capacity. That’s what SECI has given approval to add, starting as early as 2022 by putting in motion the January 2020 tender for the largest single investment in the country’s solar sector. SECI has formally given the go ahead to Adani Green Energy for […] Read more
India, Denmark Ink MOU to Develop Long-Term Cooperation in Power Sector Updated On Mon, Jun 8th, 2020 by Saurenergy India and Denmark have signed a Memorandum of Understanding (MoU) on Indo-Denmark Energy Cooperation to develop a strong, deep and long-term co-operation between the two countries in the power sector. The MoU was inked between the two countries on June 5, 2020, on the basis of equality, reciprocity and mutual benefit. From the Indian side, MoU […] Read more
REC Foundation Pledges to Distribute Essential Items to 5K Needy People Affected from Lockdown Updated On Mon, Jun 8th, 2020 by Saurenergy In a further step of providing relief to the needy people, REC Foundation, the CSR arm of the Central Public Sector Undertaking (CPSU) REC Ltd, has pledged to distribute 5,000 customized packets of essential items to labourers and others those affected on the back of lockdown imposed by the government to contain the spread of […] Read more
Govt Urges Stakeholders to Contact Nodal Officer for Grievance Redressal on Pref to Make in India Order Updated On Mon, Jun 8th, 2020 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has issued an office memorandum stating that for any grievance redressal purpose with respect to its order on ‘Preference to Make in India’, industry stakeholders can contact to the nodal officer. For this purpose, Sutapa Majumdar is the MNRE’s nodal officer for dealing grievances w.r.t. the matter. […] Read more
MNRE Creates FDI Cell to Process Foreign Investment Proposals Updated On Mon, Jun 8th, 2020 by Saurenergy In order to keep a closed eye on the investment made by neighbouring countries in India, the Ministry of New & Renewable Energy (MNRE) has set up a new cell in the ministry for taking care of the foreign direct investment (FDI) into the sector. The Ministry said in a statement that, the FDI cell […] Read more
TATA Power to Deploy Superfast EV Chargers at Select MG Motor India Dealerships Updated On Mon, Jun 8th, 2020 by Saurenergy With an aim to contribute towards electric vehicle (EV) revolution in the country, utility giant Tata Power and MG Motor India, which offers luxury SUV cars in India, have signed a Memorandum of Understanding (MoU) on Monday. As per the MoU signed, Tata Power will deploy 50KW DC superfast chargers at select MG Motor India dealership […] Read more
ARENA Receives $1 Bn in Grant Requests for Green Hydrogen Projects Updated On Mon, Jun 8th, 2020 by Saurenergy More than $3 billion worth of green hydrogen projects are vying for $1 billion in funding to build the first commercial-scale hydrogen projects in Australia More than $3 billion worth of green hydrogen projects are vying for close to $1 billion in funding from the Australian Renewable Energy Agency (ARENA) to build the first commercial-scale […] Read more
