Power Exchange Prices Likely To Remain Competitive For Next 10 Months: IEX Updated On Fri, Jun 2nd, 2023 by Saurenergy The Indian Energy Exchange (IEX) claimed that with the global fuel prices coming down and other favourable conditions, the clearing prices in Indian power exchanges are likely to remain competitive for the next few months, unlike 2022-23. SN Goel, Chairman, and Managing Director of IEX, claimed that the trend would likely prevail for the next […] Read more
Denmark Set for Largest Offshore Wind Tender of 9 GW Capacity Updated On Fri, Jun 2nd, 2023 by Saurenergy Denmark has set sights on its largest offshore wind tender of 9 GW capacity. This has potential to expand to 14 GW or more, as per the Danish Energy Agency. The capacity requirements are to be met by the conclusion of 2030. 14 million households in Denmark and Europe stand to benefit with supply of […] Read more
Indian Renewable Firm CleanMax Raises $360M From Brookfield Updated On Thu, Jun 1st, 2023 by Saurenergy Indian renewable energy company CleanMax today announced raising an equity fund from Brookfield Renewable through the Brookfield Global Transition Fund (BGTF). The BGTF focuses on investments accelerating the global transition to a net-zero carbon economy while delivering strong risk-adjusted returns to investors. This funding of USD 360 million is a mix of primary and secondary. […] Read more
India’s Utility Scale Renewable Growth To Face Hurdles In 2023 to 2024: IEA Report Updated On Thu, Jun 1st, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that India is likely to see an increased installation of renewable energy in 2023 and 2024. It attributed this to some of the positive developments in the sector. The global report titled ‘Renewable Energy Market Update’ gives a projection of the growth of renewable energy across the […] Read more
Amit Kumar Joins As The New CEO (EV Leasing) Of Gensol Engineering Updated On Thu, Jun 1st, 2023 by Saurenergy Gensol Engineering Limited, the EPC arm of the Gensol Group, recently appointed Amit Kumar as its new Chief Executive Officer (CEO) for its Electric Vehicle (EV) Leasing Business. This arm of the company deals with leasing solutions to accelerate the faster adoption of electric vehicles in India both at the business and individual levels. Kumar […] Read more
Ajay Yadav Assumes Charge as Managing Director of SECI Updated On Wed, May 31st, 2023 by Saurenergy Miniratna Category-I Central Public Sector Enterprise (CPSE) Solar Energy Corporation of India (SECI) has appointed Ajay Yadav as its Managing Director. The newly appointed Managing Director served as an IAS officer from the 2005 batch of the Bihar cadre. SECI is the primary implementing agency of the Ministry of New and Renewable Energy, Government of […] Read more
SIDS to Strive for New Goal of 10 GW Renewable Energy Installed Capacity by 2030 Updated On Wed, May 31st, 2023 by Saurenergy The International Renewable Energy Agency (IRENA) has released its report entitled, ‘SIDS Lighthouses Initiative: Progress and way forward’. The report places an emphasis on the urgency to deal with the impact of climate change on Small Island Developing States (SIDS). At the 27th meeting of the United Nations Climate Change Conference of Parties (COP27), held […] Read more
Acen Set To Build Largest Battery Storage Project In Australia Updated On Wed, May 31st, 2023 by Saurenergy Acen, the Phillipines based renewable energy major that is part of the Ayala group, is set to make Australia’s largest storage battery project linked to a solar farm. The project, to come up in the New England region of New South Wales, has secured approvals to take its size to 1.4 GW (1,400MW) and 2.8 […] Read more
RPC, Greenfield Collaborate To Deliver 500 MW Of UK Battery Storage Updated On Wed, May 31st, 2023 by Saurenergy London based clean energy majors Renewable Power Capital (RPC) and Greenfield have collaborated to develop at least 500 MW of battery storage in the United Kingdom to enhance energy transition of the island country. RPC and Greenfield also announced the acquisition of two projects by RPC from Greenfield having a total capacity of 83 MW. […] Read more
