JSW Energy Closes Mytrah Deal For 1.7 GW Renewable Portfolio At Rs 10,530cr Updated On Fri, Mar 31st, 2023 by Saurenergy JSW Neo Energy, the fully owned subsidiary of JSW Energy has announced that it has acquired a renewable energy generation portfolio of 1,753 MW from Mytrah Energy (India) Pvt Ltd. JSW Energy said that this acquisition is made of 15 SPVs and 13 ancillary SPVs of Mytrah Energy having a total renewable energy stalled capacity […] Read more
Transmission Gets Stronger Push with Approval of Green Power Transmission Line in Bundelkhand Updated On Thu, Mar 30th, 2023 by Saurenergy Towards the establishment of a Green Energy Corridor in Bundelkhand, the Cabinet has given its nod to a project on the laying of power transmission lines. These will be more than 2,000 km. The clearance has also been issued for close to 20 substations towards solar power evacuation from power plants under development in various […] Read more
GE, Ecogreen Energy to Develop Turkish Solar Project Updated On Thu, Mar 30th, 2023 by Saurenergy Global energy player GE has announced that it has been selected by Ecogreen Energy to deliver its FLEXINVERTER Solar Power Station technology for the 130 MWp, 100 MWac Nigde Bor Solar power plant to be built in Nigde, Turkey. GE said that the scope of work includes design, engineering, procurement, and commissioning of the Solar […] Read more
Sunpure Robots to Clean Sprng Energy Solar Projects in India Updated On Thu, Mar 30th, 2023 by Saurenergy Technological manifestation is on the rise in the renewable energy sector which propels the green energy scenario in India. In a key development, Sunpure Technology Co. Ltd. has announced that it has signed agreements with renewable energy developer Sprng Energy, under which, Sunpure will supply its robotic cleaning systems that do not require water in […] Read more
Energy Transition and Clean Energy Investment in India Report – 10 Key Takeaways Updated On Thu, Mar 30th, 2023 by Saurenergy Several factors effect the green energy transition, such as the developmental aspect. However, the transition is becoming a reality. India’s largest Investment Banking franchise Avendus, in its latest report, Energy Transition and Clean Energy Investment in India, gives a picture of business segments emerging across the green economy value chain. The report also gives an […] Read more
“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL Updated On Wed, Mar 29th, 2023 by Saurenergy Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […] Read more
Over 1100 MUs of Green Power Procured During FY22-23 By Railway Energy Management Company Updated On Wed, Mar 29th, 2023 by Saurenergy Railways around the world are stepping up efforts towards decarbonization and accelerating the employment of renewable sources of energy. Indian Railways have set sights on becoming a net zero emitter by 2030. The Railway Energy Management Company Ltd (REMCL), is a joint venture between RITES Ltd and the Indian Railways. REMCL is the nodal agency […] Read more
Brookfield, EIG Consortium Ink Pact to Acquire Origin Energy for A$18.7bn Updated On Wed, Mar 29th, 2023 by Saurenergy A consortium comprised of Brookfield Renewable Partners, together with institutional investors GIC and Temasek, and MidOcean Energy of leading investor EIG will be acquiring 100% shares of Origin Energy Limited. The parities have signed a Scheme Implementation Deed. Origin Energy is Australia’s largest integrated power generator and energy retailer. The Scheme values Origin at an […] Read more
India & Sri Lanka Build Momentum Further on Renewable Energy Updated On Wed, Mar 29th, 2023 by Saurenergy A memorandum of understanding (MoU) on renewable energy is in the offing between India and Sri Lanka. The Island nation is striving for the generation of 70 per cent of its electricity requirements from renewable sources by the end of the decade and the agreement will facilitate this goal. As per a member of the […] Read more
