ADB, Tata Power Delhi Distribution Collaborate for Grid & BESS Enhancement in Delhi Updated On Mon, Apr 10th, 2023 by Saurenergy The Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power, have announced that they have signed an agreement to subscribe to non-convertible debentures for Rs 1.5 billion ($18.2 million) to enhance Delhi’s power distribution through grid enhancements. The agreement also involves a $2 million grant to partially […] Read more
EDF Wins 1 GW Offshore Wind Farm Project to be Set Up in Northern France Updated On Mon, Mar 27th, 2023 by Saurenergy French utility EDF has bagged a 1 GW capacity tender aimed at the development of a wind power farm. The 1 GW wind farm is to be established off the coast of Normandy located in northern France. France had revealed that it was developing the offshore project in 2019. This offshore wind farm is part […] Read more
ACWA Power to Build $7.5 bn Worth Renewable Energy Projects & BESS in Uzbekistan Updated On Tue, Mar 21st, 2023 by Saurenergy Saudi renewables developer ACWA Power has inked three PPAs and investment agreements with Joint-Stock Company (JSC) National Electric Grid of Uzbekistan (NEGU) and Ministry of Investment, Industry and Trade of Uzbekistan. Under the agreements, ACWA Power will develop three solar PV projects in Tashkent and Samarkand. It will also build three Battery Energy Storage Systems […] Read more
Power Minister R.K. Singh Updates Parliament On Progress With India’s Energy Transition Updated On Wed, Mar 15th, 2023 by Saurenergy Union Minister of Renewable Energy & Power R.K. Singh made a slew of announcements in the Rajya Sabha yesterday, shining the light on the progress made in renewable energy in the country. Here is a look at some important of the relevant news related to renewables. Renewable Energy Installed As on 31.01.2023, the cumulative installed […] Read more
Karnataka & Gujarat Lead in Clean Energy Transition; Odisha, Bihar, UP Laggards Updated On Mon, Feb 27th, 2023 by Saurenergy A new study conducted in unison by IEEFA (Institute for Energy Economics and Financial Analysis) and Ember to create the States’ Electricity Transition (SET) Scoring System. The report takes a look at 16 states in India. The report has analyses 16 Indian states that make up 90% of the country’s yearly power needs. The states […] Read more
Italy to Welcome Enel Green’s Solar Panel Gigafactory Updated On Wed, Feb 15th, 2023 by Saurenergy Enel has entered into a financing agreement with a pan-European commercial banking group UniCredit to pave the way for the finance of the expansion of a solar panel factory in Catania, Sicily, Italy. Investment, worth €560 million (US$600 million), will aid the development of the Italian PV Gigafactory (Tango). This is an industrial-scale manufacturing plant […] Read more
Enel Adds 5.2 GW Renewables World Over In 2022, 2 GW In North America Only Updated On Wed, Feb 8th, 2023 by Saurenergy North American clean energy firm Enel North America has announced that it has built 1.98 GW of utility-scale wind, solar and battery storage capacity across the US and Canada in 2022 alone. Worldwide, Enel built over 5.2 GW of new renewable capacity over the course of the year. Starting as an Italian utility firm, ENEL […] Read more
The Top 5: Game-changing Renewable Energy Projects In Southeast Asia Updated On Mon, Feb 6th, 2023 by Saurenergy The countries making up the Association of South East Asian Nations (ASEAN) are the world’s fourth-largest energy consumer as a group. Its actions in the renewable realm are vitally important if the world wants to achieve carbon neutrality by 2050 – the Paris agreement target. The countries in the region are exploring renewable technology to […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more
