SAIL’s Bhilai Steel Plant To Have Chhattisgarh’s First Floating Solar Plant Updated On Mon, May 13th, 2024 by Saurenergy The Bhilai Steel Plant (BSP), one of the oldest steel plants of Steel Authority of India Limited (SAIL) that was started in 1955, has taken the lead with Chhattisgarh’s first 15-megawatt (MW) floating solar project in its Maroda-1 reservoir. The move is one of many efforts being initiated at the steel major to reduce its […] Read more
ReNew Contracts 5 PPAs Worth 2.2 GW, 438 MW Corporate PPA Updated On Fri, May 10th, 2024 by Saurenergy Underlining its continued progress with key objectives like a larger portfolio and inroads into the corporate PPA market, ReNew, one of India’s leading renewable energy companies, has announced the signing of five Power Purchase Agreements (PPAs) totaling ~2.2 GW of RE capacity. These significantly expand its fully contracted renewable energy portfolio that now stands at […] Read more
The Renewable Energy Developers Whose Plans Will Shape India’s Solar Targets Updated On Thu, May 9th, 2024 by Saurenergy India reached a notable milestone in renewable energy by adding a record-breaking 18.48 GW in 2023-24, a 21 per cent increase from the previous year. As of March 31, 2024, India’s installed renewable energy capacity stood at 143.64 GW, excluding large hydropower projects. The country needs an annual addition of at least 50 GW for […] Read more
JSW Energy Q4 Results- Renewables Pipeline Climbs to 3.4 GW, WTG Manufacturing In Works Updated On Wed, May 8th, 2024 by Saurenergy JSW Energy Limited reported its results for the quarter (“Q4 FY24” ) and the financial year FY24 ended March 31, 2024, on May 7. FY2024 – Delivering Sustainable Growth JSW Energy delivered a strong performance in FY24, achieving the highest-ever EBITDA of ₹5,837 Crore. The company made significant strides towards the outlined target of 20 […] Read more
Avaada Energy Gets Rs 1,190 Crore SBI Loan For Gujarat Solar Project Updated On Thu, May 2nd, 2024 by Saurenergy Mumbai-based green energy company Avaada Energy has announced that it secured a Rs 1,190 crore loan for a new solar project in Gujarat from the State Bank of India (SBI). The project is located in Surendra Nagar district of Gujarat. According to a statement by the company, the loan has been sanctioned for a 20-year […] Read more
Green Stocks On April 30- Heavyweights Rule Updated On Tue, Apr 30th, 2024 by Saurenergy On a day when the overall market are flirting with all time highs, it was the turn of the green energy heavyweights, from Adani Green, to NTPC, to Tata Power and JSW Energy to flex their strength as they all moved up. However, other than Adani Green, the rest probably moved up on expectations of […] Read more
NHPC Collaborates With Norwegian Firm To Develop Floating Solar Updated On Tue, Apr 30th, 2024 by Saurenergy NHPC recently signed a Memorandum of Understanding (MoU) with a Norway-based company Ocean Sun. Through this collaboration, the Norwegian technology provider would support India in building floating solar projects. In a social media post, the company announced it would explore key areas of cooperation for the demonstration of Ocean Sun’s floating solar energy technology. The […] Read more
India Sees Steepest Rise Of Solar, Coal Follows The Race Updated On Mon, Apr 29th, 2024 by Saurenergy Renewable energy capacities in India especially solar seem to have received an impetus in the first quarter of 2024 (January-March). As per the analysis of the International Energy Economics and Financial Analysis (IEEFA) the highest additions of new capacities of fuels in India were seen from the solar sector, followed by coal projects. IEEFA in […] Read more
NHPTL Signs JV Agreement To Infuse Funds To Six Parties Updated On Wed, Apr 24th, 2024 by Saurenergy A recent joint venture (JV) agreement was signed between National High Power Test Laboratory Pvt. Ltd., (NHPTL) viz. National Thermal Power Corporation (NTPC), National Hydroelectric Power Corporation (NHPC), POWERGRID, Damodar Valley Corporation (DVC) and Central Power Research Institute (CPRI) as a revival plan which comprised of equity transactions between shareholders. This agreement was based on […] Read more
