Torrent Power Secures 50 MW Solar Power Plant from SkyPower Updated On Mon, Apr 25th, 2022 by Saurenergy Leading Ahmedabad based power player Torrent Power Limited has said that the company has acquired a 50 MW Solar Power Project from SkyPower Group. Torrent informed that the enterprise value for this acquisition is somewhere about Rs 417 crore subject to closing price adjustments, in case there are any and the acquisition is further subject […] Read more
Amazon Announces New Renewable Projects of 3.5 GW Across the World Updated On Fri, Apr 22nd, 2022 by Saurenergy Global ecom giant Amazon has announced it is investing in 37 new renewable energy projects across the globe adding up to 3.5 GW. The new projects will include 26 solar power projects, 3 wind energy farms and 8 rooftop solar projects at Amazon buildings around the world. Amazon continues to be the largest renewable energy […] Read more
Atlas Signs PPA with Enel for supply of 1.3 TWh/year of Wind Power Updated On Thu, Apr 21st, 2022 by Saurenergy The USA-based Atlas Renewable Energy announced that it has signed a long term power purchase agreement (PPA) with Enel Generación Chile for 1.3 TWh/year with the development of its first wind power project. The portfolio’s three wind projects total 417 MW throughout Chile, helping accelerate its clean energy transition. Atlas Renewable Energy is part of […] Read more
4000 MW Renewable Energy Project for NEOM to Come Up Near Jordan Border Updated On Wed, Apr 20th, 2022 by Saurenergy The renewable energy projects that are being planned by Saudi Arabia to supply electricity to the green hydrogen based ammonia plant in the city of NEOM appear to have been disclosed. As per media reports, the renewable energy projects will be located in the North-West region of Saudi Arabia. It will be developed near the […] Read more
Masdar Signs Agreement with Kyrgyzstan to Develop 1GW Renewable Projects Updated On Wed, Apr 20th, 2022 by Saurenergy The Central Asian economies are looking to diversify their energy basket in order to reduce their carbon emissions and reduce dependence on fossil fuels which are mostly imported. In the latest development, United Arab Emirates based clean energy company Masdar has signed a memorandum of understanding (MoU) with the Ministry of Energy of Kyrgyzstan in […] Read more
Solar project commissioned by Nestle, Yellow Door in Dubai Updated On Tue, Apr 19th, 2022 by Saurenergy Nestlé Pure Life and Yellow Door Energy have commissioned a solar power plant at Nestle’s facility in Dubai, United Arab Emirates (UAE). The project is designed to generate 2,400 megawatt-hours (MWh) of renewable energy. It is possibly part of the 7 MW capacity solar project announced by Nestle in 2017 at its manufacturing facilities in […] Read more
THDC, Rajasthan Govt Sign Agreement to Develop 10,000 MW Solar Projects Updated On Mon, Apr 18th, 2022 by Saurenergy THDC India Limited has signed an agreement in Rishikesh with Renewable Energy Corporation Limited (RECL) for the development of large solar power projects with combined capacity of 10,000 MW in Rajasthan. With one of the highest solar irradiance in India, Rajasthan has been catching up aggressively in fresh solar capacity as well as planned capacity in […] Read more
Free of Cost Rooftop Solar to Come Up in Chandigarh Updated On Mon, Apr 18th, 2022 by Saurenergy Chandigarh is a step away from becoming the first city in the country that will have private players installing rooftop solar systems on private households for free of cost. Under the new business model, the private firms will be responsible for developing, installing, financing and operating the solar rooftop systems in the city. Or the […] Read more
Deferment of ALMM Policy: A much awaited but temporary relief to the solar market Updated On Mon, Apr 11th, 2022 by Saurenergy India had ambitioned to achieve 100 GW of solar installation by 2022. However, as per MNRE, we had achieved only 51 GW of solar by Feb 2022. While we haven’t met the goal, there has been meaningful and significant growth in the overall solar industry. Also, the Government has set a steeper target of 280 […] Read more