IEX Establishes Fully-Owned Subsidiary to Explore Carbon Market Updated On Wed, Dec 28th, 2022 by Saurenergy International Carbon Exchange Private Limited (“ICX”), a wholly-owned subsidiary of Indian Energy Exchange (IEX), the country’s leading energy market platform, was established recently to investigate the commercial potential in the voluntary carbon market. Through its platform, ICX will make it possible for participants to purchase and sell voluntary carbon credits at reasonable prices and will […] Read more
Supernap Launches Thailand’s First Solar Project to Power Data Center Updated On Wed, Dec 28th, 2022 by Saurenergy Thailand-based data center, Supernap has launched its first solar project to power its data center, to further establish its position as an environment friendly colocation provider in Thailand. To keep up with the ongoing production of data and to fulfill the green objectives of global environmental preservation, data centers must prioritise lowering environmental effects by […] Read more
Iberdrola Set to Install World’s Largest Onshore Wind Turbines in Spain Updated On Wed, Dec 28th, 2022 by Saurenergy World’s most power onshore wind turbines are ready to be installed by the Spanish multinational electric utility Iberdrola. As per the recent announcement by Iberdrola, the firm has obtained a favourable Environmental Impact Statement (EIS) for the development of the Iglesias wind farm in Castilla y León, Spain. Iberdrola said that the wind farm will […] Read more
Danish Wind Giant Vestas to Supply 64 Turbines for 288 MW Brazilian Project Updated On Wed, Dec 28th, 2022 by Saurenergy Danish wind turbine giant Vestas has announced that it has expanded its partnership with Engie Brasil Energia SA with the 288 MW order of 64 units of wind turbines for wind energy project in Brazil. The official statement of Vestas hold that it will be supplying V150-4.5 MW turbines for the Serra de Assuruá wind […] Read more
EDF Renewables & Munich Re’s MEAG to Invest in US Renewable Energy Projects Updated On Wed, Dec 28th, 2022 by Saurenergy The United States is witnessing unprecedented growth in renewable energy. In a key development, EDF Renewables North America and MEAG, acting in its capacity as Munich Re’s global asset manager, announced the closing on a strategic investment whereby a subsidiary of Munich Re acquired a 50% stake in two renewable energy projects in California. The […] Read more
Tata Power-DDL & NTPC School of Business to Nurture Manpower in RE Sector Updated On Tue, Dec 27th, 2022 by Saurenergy A joint venture between Tata Power and the Government of Delhi, Tata Power Delhi Distribution Ltd (Tata Power-DDL) recently signed a Memorandum of Understanding (MoU) with NTPC School of Business to advance its vision of building a sizable pool of qualified and trained manpower in the energy sector. By combining the knowledge and resources of […] Read more
US Based Primergy Solar Secures $200 Mn Credit Facility from Rabobank Updated On Tue, Dec 27th, 2022 by Saurenergy Oakland-California based solar energy and storage conglomerate Primergy Solar, has closed a $75 million revolving credit facility with Rabobank with the option to increase up to $200 million. Primergy held that the credit facility will be used to support a growing development pipeline of solar and solar+storage projects across the USA. The company’s near-term portfolio […] Read more
Enefit Green Sets Sights on Building 335 MW Wind Farms in Estonia & Lithuania Updated On Tue, Dec 27th, 2022 by Saurenergy Leading renewable energy player in Estonia and the Baltic countries, Enefit Green has said that a final investment decision has been taken by the company on 255 MW Sopi-Tootsi wind farm in Estonia and 80 MW Kelme I wind farm in Lithuania. Enefit Green has decided that in the coming two years, the firm will […] Read more
CERC Puts Cap of Rs 12 per kWh on Normal Rate of Charges for Grid Deviations Updated On Tue, Dec 27th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) has indicated irregularities with reference to adherence of DSM Regulations (Deviation Settlement Mechanism), 2022. The regulatory body has pointed that grid connected entities are showing a tendency to overschedule in order to avoid payment of deviation charge for overwithdrawal or under-injection. Consequently, the system frequency has remained high for […] Read more
