Avaada Energy Will Supply 560 MW Solar Power To MSEDCL Updated On Fri, Apr 14th, 2023 by Saurenergy Mumbai based renewable energy company Avaada Energy has now bagged a 560 MWdc solar power project under which it will supply green electricity to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). The tariff decided is Rs 2.88 per unit and the order is bagged by Avaada through an e-reverse auction done by MSEDCL. This followed […] Read more
Kishor Nair Is New Chief Executive Officer Of Avaada Energy Updated On Wed, Apr 12th, 2023 by Saurenergy Avaada Group has appointed Kishor Nair as Chief Executive Officer (CEO) for its renewable arm Avaada Energy. Kishor has been with group since its inception and has risen through the ranks. Avaada Group claims to be India’s leading integrated energy group with business interests across the energy transition value chain. Avaada said that Nair has […] Read more
Solar Energy Corporation of India Gets ‘Miniratna Category-I’ Status Updated On Wed, Apr 12th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE), in its latest communication, said that the Solar Energy Corporation of India Limited (SECI) had been accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE) status on April 10, 2023. SECI, an arm of the MNRE, is the primary project implementing agency formed on September […] Read more
Six Indian States Produced Solar, Wind Energy More Than The Global Average, Says Ember Study Updated On Wed, Apr 12th, 2023 by Saurenergy A recent study report released by Ember, an energy think tank, claimed that wind and solar energy globally reached 12 percent of the world’s electricity share in 2022, from 10 percent in 2021. In India, the joint contribution of wind and solar energy touched nine percent in 2022, with 165 TWh of total clean energy. The report […] Read more
JLand Grp & Gentari Ink MoU for Renewable Energy & Green Mobility Updated On Tue, Apr 11th, 2023 by Saurenergy In a move to integrate renewable energy solutions and green mobility, Malaysian property developer JLand Group Sdn. Bhd. (JLG) has entered into a Memorandum of Understanding (MoU) with clean energy solutions provider, Gentari Sdn Bhd (Gentari). The strategic partnership aims to develop an eco-friendly ecosystem across JLG’s residential, commercial, and industrial projects. At the signing […] Read more
Ryse Energy Raises $15 Million in Growth Capital Round Updated On Tue, Apr 11th, 2023 by Saurenergy Global decentralized renewable energy systems provider Ryse Energy, has said that it has raised a $15 million growth funding round. The firm claims to have sold or installed more than 4,000 units of decentralized renewables worldwide. Ryse Energy said that the funding round was led by RWE Energy Transition Investments, an investment vehicle of RWE […] Read more
Avaada Energy Bags 421 MW Solar Project for Damodar Valley Corporation Updated On Fri, Apr 7th, 2023 by Saurenergy Avaada Energy, an arm of Avaada Group – an integrated energy enterprise with business interests across the energy transition value chain, has won the 421 MW (DC) ISTS-connected solar PV bid in an auction conducted by REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Ltd., on behalf of Damodar Valley […] Read more
Iberdrola to Advance Renewable Energy Projects in Mexico Updated On Thu, Apr 6th, 2023 by Saurenergy Iberdrola Mexico and Mexico Infrastructure Partners (MIP) have joined hands to give a push to renewable energy in Mexico. Iberdrola is a Spanish multinational electric utility company. MIP is an independent Mexican fund manager of alternative investment vehicles, such as promoting energy and infrastructure in Mexico. The announcement about the MoU signed between the two […] Read more
IndiGrid Commissions First Battery Energy Storage Project Updated On Thu, Apr 6th, 2023 by Saurenergy IndiGrid, which owns, operates, and manages power transmission networks and renewable energy assets delivering reliable power throughout India, has revealed that it has commissioned its first battery energy storage system (BESS) project. The project is integrated with its solar panels at the Dhule substation in Maharashtra. As per the statement by the company, the BESS […] Read more
