Ares Secures $2.2 B for Climate Infrastructure Capital Updated On Fri, Dec 17th, 2021 by Saurenergy Los Angeles-based private equity firm Ares Management Corp said on Thursday it has raised $2.2 billion to invest in infrastructure businesses operating in the renewable energy, energy efficiency, and energy storage sectors. Ares said it raised $1.4 billion for its inaugural Ares Climate Infrastructure Partners Fund, and an additional $800 million in managed accounts that […] Read more
In Blow To Power Reforms, Key Provisions In Draft Electricity Bill (amendment) 2021, Dropped Updated On Thu, Dec 16th, 2021 by Saurenergy The Draft electricity amendment bill (2021), whose withdrawal was one of the demands of the agitating farmers, has gone through some major changes after ‘feedback’ from ‘stakeholders’. And it is clear who has been winning the arguments, if one goes through the (dropped) changes that have been shared by the sources in the Power Ministry. […] Read more
NTPC Green Arm Seeks Consultants for 325 MW Solar Projects In MP Updated On Thu, Dec 16th, 2021 by Saurenergy NTPC Renewable Energy Ltd, a wholly owned subsidiary of NTPC Ltd, has invited online bids for conducting a geotechnical investigation for the company’s 105 MW and 220 MW solar PV projects situated in Shajapur district, Madhya Pradesh. The deadline for bid submission is December 24, 3:00 PM. The bids will open on the same day […] Read more
Staying Fashionable with Solar Powered Clothing Updated On Thu, Dec 16th, 2021 by Saurenergy According to the UN, globally, from material sourcing, through supply chains to washing and waste, the fashion industry produces an estimated 10% of all carbon emissions. It is also the second-largest consumer of the world’s water supply and pollutes the oceans with microplastics. Yet, there is little awareness about these facts. Greenwear Fashion, is among […] Read more
Acquisitions in India’s RE sector Up Over 300% in Value terms in 2021 Updated On Wed, Dec 15th, 2021 by Saurenergy The total value of acquisitions in India’s renewable energy sector surged by more than 300% to $ 6 billion in the first ten months of 2021 (till October) from less than $1.5 billion reported in 2020, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy […] Read more
2021 Confirmed As Record Year For Solar Capacity With 11 GW Crossed Updated On Wed, Dec 15th, 2021 by Saurenergy With the December numbers yet to be tallied, India has already added about 11.1 GW of solar capacity from January 2021 till November 2021, which is about 249% higher compared to the installations done in 2020, a new report by JMK Research & Analytics(JMK) says. These numbers are broadly in line with the industry figures […] Read more
Rays Power Infra to Build 500 MW Solar Park in Rajasthan Updated On Wed, Dec 15th, 2021 by Saurenergy Rays Power Infra has signed a Memorandum of Understanding (MoU) with the Rajasthan government for constructing a solar power plant with the capacity to generate 500 MW of green electricity. During the ongoing Dubai Expo, the parties finalized the agreement to reduce traditional electricity consumption derived from non-renewable sources. Pawan Sharma, Director, Rays Power Infra, […] Read more
Global Installed Wind Power Capacity to Grow at 9% Annually till 2030 Updated On Wed, Dec 15th, 2021 by Saurenergy Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie, a Verisk business. By the end of the decade, cumulative global wind power capacity is projected to hit over 1,756 gigawatts (GW). Wood Mackenzie’s Q4 forecast […] Read more
Bharat Petroleum, Bhabha Atomic to Jointly Produce Green H2 Updated On Wed, Dec 15th, 2021 by Saurenergy OMC Bharat Petroleum Corporation Ltd (BPCL) and the Bhabha Atomic Research Centre (BARC) have collaborated to scale up alkaline electrolyser technology for the production of green hydrogen. To produce green hydrogen, water electrolysers split water molecules into hydrogen and oxygen using renewable electricity. Multiple water electrolyser technologies exist today. While green hydrogen is currently recognised […] Read more
