Tiruchy Railway Division To Install Solar at All Stations Updated On Mon, Mar 20th, 2023 by Saurenergy The Tiruchy division of the Indian Railways is mulling to install solar power panels in more railway stations in a phase wise manner to increase its power uptake from renewable sources. The entire Tiruchy railway division currently is producing more than 370 KW of renewable power. As per reports, the division wants to increase the […] Read more
With An Aim Of 40% Domestic Sourcing By 2030, European Commission Announces Net Zero Industry Act Updated On Fri, Mar 17th, 2023 by Saurenergy Following the Inflation Reduction Act in the US, India’s own PLI schemes and the Basic Customs Duty on Solar Imports, the European Commission is set to erect some protectionist fences at its borders too. Under the European Commission’s (EC) proposed Net Zero Industry Act, which seeks to accelerate the decarbonisation of the energy sector in […] Read more
IPP DNV Picked as Advisor for South Korea’s Offshore Grid Plan Updated On Fri, Mar 17th, 2023 by Saurenergy Independent Power Provider DNV has been picked by Korea Electric Power Corporation (KEPCO) to help with the development of an offshore power grid plan. The offshore project will transfer renewable offshore wind power to South Korea. KEPCO is the largest electric utility in South Korea. The said project is slated for completion by the middle […] Read more
Israeli Developer Econergy Gets EUR 30 Million from RGreen Invest Updated On Tue, Mar 14th, 2023 by Saurenergy Leading Israeli investor, developer and operator of renewable energy projects across Europe, Econergy Renewable Energy has received EUR 30 million which is a part of the company’s deal with French independent asset management firm RGreen Invest. Econergy and RGreen are long-term partners and the EUR 30 million is part of the total equity investment of […] Read more
Oracle Power & China’s CET Sign MoU to Set Up Renewable Projects With Battery Storage in Pakistan Updated On Tue, Mar 7th, 2023 by Saurenergy Pakistan-based power project developer Oracle Power has signed a memorandum of understanding with China Electric Power and Technology (CET)- a wholly-owned subsidiary of State Grid Corporation of China. They will explore the development, financing, construction, operation as well as maintainence of a green hydrogen project to be set up in Pakistan. The said project will […] Read more
APTEL Refuses To Prevent SECI Encashing Bank Guarantee for Inox Green Power Projects Updated On Tue, Mar 7th, 2023 by Saurenergy APTEL (The Appellate Tribunal For Electricity) has rejected the petition filed by Inox Green Energy Services Ltd, Haroda Wind Energy Pvt. Ltd., Khatiyu Wind Energy Pvt. Ltd.,,Ravapar Wind Energy Pvt. Ltd., , Vigodi Wind Energy Pvt. Ltd., seeking a restrain on Solar Energy Corporation of India Limited (SECI) from encashing the bank guarantee that had […] Read more
ACWA Power to Build 2.6 GW of Solar and Storage Facilities in Uzbekistan Updated On Tue, Mar 7th, 2023 by Saurenergy Saudi Arabia flagship company for renewable energy ACWA Power has announced that it has signed agreements under which it will be developing two solar parks and also storage capacities in Uzbekistan. ACWA Power held that the combined capacity of the solar power projects will be about 1.4 GW. The company will also include battery storage […] Read more
Rajasthan, Andhra Get Major Solar Investment Commitments Updated On Mon, Mar 6th, 2023 by Saurenergy The Renewal Energy Conclave in Jaipur has proved worthwhile for Rajasthan. Organised under the aegis of RRECL and Rajasthan State Electricity Broadcasting Corporation Limited, the conclave saw signing of MoUs of about Rs 87,000 crore which will generate about 84000 jobs in the state in the RE sector. The commitments were inked in the presence […] Read more
Odisha State Budget Provisions Rs 50 Crore to Build Transmission Infra for RE Updated On Sun, Feb 26th, 2023 by Saurenergy In the recently presented state Budget in the assembly, the Odisha Government has set out Rs 50 crore for the development of a green energy evacuation corridor. The Budget was presented by Odisha Finance Minister, Niranjan Pujari and in the amount is allocated for the corridor in which renewable energy projects will be built to […] Read more
