Noway’s Norfund, KLP Partner with ReNew Power to Invest in India’s Transmission Sector Updated On Tue, Jan 10th, 2023 by Saurenergy Norfund and KLP have announced that they will invest around Rs 900 million in partnership with ReNew Power for 49% ownership stake in ReNew’s transmission project in the Koppal district of Karnataka state in India, with ambitions for further joint investments. ReNew Power is one of the largest renewable energy independent power producers (IPPs) in […] Read more
Can Giant Floating Solar On Oceans Work? Updated On Fri, Jan 6th, 2023 by Saurenergy A lot has been said and done about floating solar plants – an emerging technology in which a customised solar photovoltaic (PV) system is placed directly on top of a body of water. Over the past half a decade, floating solar farms have gained popularity, particularly in countries with high population density and competing uses […] Read more
2022 For Solar: Solarisation, PLI Scheme, Transmission were Buzzwords Updated On Thu, Dec 29th, 2022 by Saurenergy As we head into year 2023, here is a review of 2022 in terms of policy-level initiatives with a lowdown on where the country stands with regards to renewable energy capacity as the year comes to a close. Impetus to RE transmission projects 2022 began with the Intra-State Green Energy Corridor Phase-II (InSTS GEC-II) scheme […] Read more
L&T Gets EPC Contract for 90 MW Floating Solar in Omkareshwar, MP Updated On Thu, Dec 29th, 2022 by Saurenergy India’s leading engineering player – Larsen and Toubro (L&T) – has announced that the power transmission & distribution business of L&T Construction has secured multiple EPC orders in India and overseas. The key catch has been a contract for the development of a floating solar project in Madhya Pradesh. L&T held that the renewables arm […] 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
Will A New Solar Policy Power Up Uttar Pradesh? Updated On Thu, Dec 22nd, 2022 by Saurenergy The Uttar Pradesh Government has come up with a new ‘Uttar Pradesh Solar Energy Policy 2022’ that aims to add 22-GW of solar power in the coming five years. It looks to attract an investment of Rs 40,000 cr in the solar sector in particular. The state wants to tap 14,000 MW through solar parks, […] Read more
Amara Raja Power Selects Nextracker to Supply Solar Trackers to NTPC’s Plant Updated On Tue, Dec 20th, 2022 by Saurenergy NTPC’s Nokh Solar Project, which will soon be one of India’s largest solar parks, will use Nextracker’s award-winning solar trackers. Nextracker is the world’s leading provider of intelligent solar trackers and software solutions. The company recently announced the signing of a master supply agreement (MSA) with Amara Raja Power Systems Limited. This 1,850-hectare project, which […] Read more
KEC International Adds To Order Book, Including 500 MW Solar Project Updated On Tue, Dec 20th, 2022 by Saurenergy After it won new orders worth ₹1,313 crore across its various verticals, manufacturer of electric power transmission towers, KEC International, saw its shares surge at 7 per cent to Rs 501 on the BSE. The new orders have augmented the firm’s year to date order intake to more than Rs 13,000 crore. With such strong […] Read more
Prioritising Rajasthan’s Energy Sufficiency Sustainably Requires Incentivising State Genco Updated On Mon, Dec 19th, 2022 by Saurenergy Solar energy is the most readily available source of non-polluting renewable energy resource. The uniqueness of the solar technologies is that it offers a wide range of applications in solar PV as well as solar thermal technology in which case, the generated heat could be used for domestic as well as industrial applications and power […] Read more