Adani Green Energy Q3 Results- Operational Capacity Up 35%, EBITDA 44% Updated On Tue, Feb 7th, 2023 by Saurenergy Embattled Adani group firm, Adani Green Energy Limited has reported its results for the Q3, Fy23. The firm, with a target of 25 GW of renewable assets by 2025, has reported a strong financial Performance, with revenue from power supply increasing by 39% YoY to Rs 3,695 Cr. The firm continued to lead in generation […] Read more
Inox Green Acquires Wind O&M Firm I-Fox Windtechnik, Enters Multi Brand O&M Business Updated On Fri, Feb 3rd, 2023 by Saurenergy Renewable energy conglomerate Inox Green Energy Services Limited (IGESL) has said that it has acquired a majority stake in I-Fox Windtechnik India that will help the company in its wind energy business. Inox Green is a subsidiary of Inox Wind. With this, Inox has entered the market for multi brand O&M services in Wind Energy. […] Read more
Sprng Energy Finally Gets Exit From 100 MW Wind Project At CERC Updated On Fri, Feb 3rd, 2023 by Saurenergy Sprng Wind Energy Private Limited, has finally received confirmation for termination of the power purchase agreement (PPA) signed with the Solar Energy Corporation of India (SECI). The project in question was a 100 mega-watt (MW) wind project planned in Dhar, Madhya Pradesh. While delays in the signing of the PPA, and subsequently, the covid pandemic […] Read more
Adani Electricity Mumbai (AEML) Tender for 1500 MW Renewable Energy Updated On Tue, Jan 3rd, 2023 by Saurenergy In order to double its renewable share in the present offering to consumers, Adani Electricity Mumbai Limited (AEML) – a DISCOM under Adani Group – has issued a tender for the purchase of 1500 MW of power from grid connected renewable energy plants. Of this, 750 MW will be under greenshoe option. The AEML notification […] Read more
Adani Group Signs Agreement with Australia’s CRT for Electrolyser Technologies Updated On Tue, Dec 13th, 2022 by Saurenergy Australia-based Cavendish Renewable Technology (CRT) has announced the signing of a Technology Development and Licensing Agreement with Adani New Industries Limited (ANIL). ANIL is owned by the Adani Group. The official statement by CRT held that the agreement includes infrastructure costs for further development of intellectual property, licence fees and royalties on successful commercialisation of […] Read more
Adani Green Operationalises Third Hybrid Power Plant In Rajasthan Updated On Wed, Dec 7th, 2022 by Saurenergy The Adani Group’s renewable energy company, Adani Green Energy Ltd. (AGEL), recently announced that its third hybrid power plant in Rajasthan, with a 450 megawatt capacity, had been placed into operation. Adani Green Energy’s hybrid plant, with a total 1,440 MW capacity, has the greatest operational hybrid power producing capacity. The third wind-solar hybrid power […] Read more
SECI Payout of Rs 804 Cr to Solar & Wind Developers for Oct Sees 10% Slide Since Sep Updated On Tue, Dec 6th, 2022 by Saurenergy Payments totaling Rs 804 crore were made to solar and wind power producers by the Solar Energy Corporation of India (SECI) for the power it purchased in October 2022. The amount is almost 10% less than what was paid out in September. Against its power purchases, the agency had released Rs 893 crore. Nearly 88% […] Read more
Australia’s Biggest Wind Project to Double in Size for First 2 GW Cluster Updated On Mon, Nov 28th, 2022 by Saurenergy Australian States have constantly been ramping up efforts in renewable energy, wind energy included. Now, Queensland, dubbed as the ‘Sunshine State’, has recently revealed its aspirations with regards to what the government has termed as one of the largest wind onshore projects globally. This will entail a new 1 GW project by Acciona, a Spanish […] Read more
Adani Green Q2 Results- Profits Grow 49% As Strong Solar Growth Continues Updated On Fri, Nov 11th, 2022 by Saurenergy Adani Green Energy Limited, the renewable development arm of the Adani group that has set a 45 GW capacity target for 2030, has announced its Q2 FY23 results. Operational capacity has grown to 6724 MW during the quarter. Revenues from power supply jumped 33% over the corresponding quarter in Fy22, going to Rs 1107 crores […] Read more
