Selling Solar To India: The 5 Challenges To Overcome Updated On Thu, Feb 15th, 2024 by Saurenergy The solar industry in India is at the cusp of transformation and the statistics show this. The installed solar energy capacity in the country has increased by 30 times in the last 9 years. As of December 2023, it stands at 73.31 GW, making it one of the most viable renewable energy sources to tap. […] Read more
Nxtra Enters Into Power Wheeling Agreement With Ampln, Amplus Updated On Wed, Feb 14th, 2024 by Saurenergy Nxtra by Airtel, a data centre company in India which is a subsidiary of Bharti Airtel Limited recently signed a power-wheeling agreement with Ampln and Amplus Energy. This agreement is undertaken to procure an additional 140,208 MWh of renewable energy. With this, Nxtra claims to enhance its existing commitment to reducing its carbon footprint through […] Read more
Sunsure Energy Inducts Veterans Manoj Kohli And Mahesh Makhija to its Board of Directors Updated On Fri, Feb 9th, 2024 by Saurenergy Sunsure Energy, C&I-focused independent renewable energy power producers, inducts Manoj Kohli and Mahesh Makhija to its Board of Directors, stated a press release by Sunsure Energy. The recent appointments of Kohli and Makhija represent a strategic enhancement to the company’s Board of Directors. With Manoj Kohli’s extensive experience spanning 45 years in diverse global markets, […] Read more
Hindalco Inds Contracts For Renewable Energy From 100 MW Ayana Renewable Project Updated On Tue, Feb 6th, 2024 by Saurenergy Hindalco Industries Limited an Indian aluminum and copper manufacturing company, and a subsidiary of the Aditya Birla Group acquired 26% stake in Ayana Renewable Power (ARPFPL) a renewable energy company. The stake hold is a mandatory requirement when a firm contracts with an IPP for captive power requirements from a dedicated project. IPPs incorporate special […] Read more
Solar Power Generation In Europe To Rise by 50 TW in 2024, Germany To Lead The Way Updated On Mon, Feb 5th, 2024 by Saurenergy The solar photovoltaic (PV) energy generation will spike by about 50 terawatt-hours (TWh) in 2024 in Europe due to major capacity installations across the region, predicts a report by Rystad Energy. The report also suggests that Wind power generation is also expected to increase in 2024. However, the growth rate will not match last the […] Read more
Waaree Renewables Technologies Wins Rs 547.5 Crore EPC Order Updated On Mon, Feb 5th, 2024 by Saurenergy Mumbai headquartered Waaree Renewable Technologies Limited (WAAREERTL) has secured a Letter of Award (LOA) as per which the company will be executing an Engineering, Procurement and Construction (EPC) work for a solar power project of 412 MWp /335 MWac. This will be executed on a turnkey basis. The EPC work order of Waaree for the […] Read more
Tamil Nadu Forms New Green Company TNGECL From TEDA And Tangedco Updated On Mon, Feb 5th, 2024 by Saurenergy In a bid to push for green energy generation in the state, the Tamil Nadu government has formed the Tamil Nadu Green Energy Corporation Limited (TNGECL). The corporation was formed by separating the renewable energy department of Tamil Nadu Generation and Distribution Corporation (Tangedco) and merging it with the Tamil Nadu Energy Development Agency (TEDA) […] Read more
Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio Updated On Fri, Feb 2nd, 2024 by Saurenergy Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […] Read more
With Twin Deals, Cubico Acquires 1600-MW Renewables’ Pipeline in Mexican Market Updated On Thu, Feb 1st, 2024 by Saurenergy Cubico Sustainable Investments has announced the completion of two transactions which it says significantly enhance the company’s renewable energy footprint and development portfolio in Mexico. Through the acquisition of Renantis Mexico and a strategic agreement with Sowitec Group, the development pipeline of Cubico in Mexico has now exceeded 1.6 GW. The company says that the […] Read more
