Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023 Updated On Sun, Feb 5th, 2023 by Saurenergy Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth […] Read more
India’s November ’22 Solar Capacity Addition Drops to 342 MW Y-o-Y, Wind Additions Rise Marginally Updated On Thu, Dec 15th, 2022 by Saurenergy The statistics from last month’s RE installation indicate that November was not a terrific month for the expansion of Indian RE capacity. Comparing the current month of November 2022 to the previous one, the total RE capacity additions decreased. India only added 342.09 MW of solar energy and just 51.3 MW of wind energy in […] Read more
Partners Group To Acquire RE Platform Sunsure Energy For $400 Million Updated On Thu, Dec 8th, 2022 by Saurenergy Global private markets firm Partners Group has agreed to acquire a majority stake in Sunsure Energy, a renewable energy and decarbonization solutions platform in India, on behalf of its clients. The official statement of Partners Group held that the company will invest up to $400 million in the Sunsure Energy. Sunsure was founded in 2015 […] Read more
MNRE Extends Last Date for Draft Policy For 4-GW Offshore Wind Power in Tamil Nadu Updated On Tue, Nov 29th, 2022 by Saurenergy The Central Government has extended the last date for suggestions from the public for the development of offshore wind energy in Tamil Nadu to December 9, 2022 now. The information has been provided by the Ministry of New and Renewable Energy. The MNRE Ministry had released draft tender document for offshore wind on 14th November […] Read more
Ather Energy Inaugurates Second Manufacturing Unit in Tamil Nadu Updated On Thu, Nov 24th, 2022 by Saurenergy Bengaluru-headquartered electric scooter manufacturer, Ather Energy recently opened a second manufacturing plant in Hosur, Tamil Nadu. To better meet the rising demand for its flagship scooters, the Ather 450X and 450 Plus, the brand will be able to increase its production capacity to 420,000 units annually with the aid of the 300,000-square-foot facility. The 300,000-square-foot […] Read more
Pre-Series A Financing Led by Inflection Point Ventures Raises 11.5 Cr for Buyofuel Updated On Fri, Nov 18th, 2022 by Saurenergy Tamil Nadu-based online marketplace for alternative fuels, Buyofuel has raised more than Rs 11.5 crore in a Pre-Series A round led by Inflection Point Ventures, a Gurgaon-headquartered angel investing platform. Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech participated in the round. The funds raised will be used to develop product offerings, technology, and […] Read more
Sunsure Energy Commissions 74 MW Industrial Solar Park Updated On Wed, Nov 16th, 2022 by Saurenergy In the Tamil Nadu district of Tirunelveli, a 74 MWp Open Access Solar Power Plant was built by Gurugram-based Sunsure Energy, a provider of whole solar solutions. With the completion of the project on September 25, 2022, Sunsure has installed 250 MW of solar power throughout 16 Indian States. For this project, Sunsure Energy is […] Read more
India’s October 2022 Solar Capacity Addition Drops To 810.3 MW, Wind Additions At 178 MW Updated On Wed, Nov 16th, 2022 by Saurenergy October was not a great month for the Indian RE capacity additions. The overall RE capacity additions in comparison to the previous month declined. In October 2022, India added only 810.37 MW of solar energy and just 177.9 MW of wind energy. In the solar sector, India added less capacity in comparison to the month […] Read more
NIWE Floats RFS for 4 GW of Offshore Wind Projects Off Tamil Nadu Coast Updated On Tue, Nov 15th, 2022 by Saurenergy The National Institute of Wind Energy (NIWE) has invited the request for the selection of a 4000 MW / 4 GW of offshore wind power project off the coast of Tamil Nadu through International Competitive Bidding. With this, the long awaited offshore wind segment finally moves ahead in India, although the target of 5 GW […] Read more
