Danish Power Company Ørsted Extends 100% RE Target To All Suppliers Updated On Fri, Aug 12th, 2022 by Saurenergy Leading Danish power company Ørsted has asked all its suppliers to use 100% renewable electricity by 2025 and claims to be the first energy company in the world to do so. The action is aimed toward realizing 2040 net-zero target. As per the official statement, Ørsted has reduced its scope 1 and 2 emission intensity […] Read more
Exus Purchases 1GW Solar Power Project In Brazil Updated On Wed, Aug 10th, 2022 by Saurenergy Exus Brasil Investimentos – known for making investments in green projects – will be acquiring a solar power project complex worth 1 GW in Brazil from Decal Renewables and Upside Value. The solar portfolio actually consists of 20 different solar projects in Piauí. The transaction will take place through acquisition of shares of Riacho da […] Read more
Torrent Power Q1 FY23: Profit Sees Two-Fold Surge Updated On Tue, Aug 9th, 2022 by Saurenergy Leading Ahmedabad-based power player Torrent Power Limited has released its Q1 FY-23 results. For the April to June quarter (Q1) of the current financial year, the company’s consolidated net profit increased by more than 140% to Rs 502.01 crore from Rs 207.78 crore in the equivalent quarter of the previous financial year 2021–22. The revenue […] Read more
MSEDCL’s 500MW Solar Tender Awarded to SJVN, Tata Power & Others Updated On Fri, Aug 5th, 2022 by Saurenergy Maharashtra State Electricity Distribution Company’s (MSEDCL) had announced an auction to purchase power from 500MW solar tender of grid-connected intrastate solar projects (Phase-VII). SJVN Green Energy, Juniper Green Energy, Tata Power Renewable Energy, Sukhbir Agro Energy, and Avaada Energy were announced as the winners. The tender was released by MSEDCL in June of this year. […] Read more
Neoen Signs PPA With Flow Power For Wind Farm In Australia Updated On Thu, Aug 4th, 2022 by Saurenergy World’s major renewable energy player Neoen has announced that it has signed a power purchase agreement (PPA) with electricity retailer Flow Power for 40 MW of energy from its Goyder South Stage 1 wind farm in South Australia. Neoen held that Goyder South Stage 1 is the first stage of Neoen’s flagship project known as […] Read more
Tata Power Green Commissions 225 MW Project in Rajasthan Updated On Wed, Aug 3rd, 2022 by Saurenergy Tata Power Green Energy Limited (TPGEL), a wholly-owned subsidiary of Tata Power, has commissioned a 225MW Hybrid power project in Rajasthan. under a Power Purchase Agreement (PPA). The hybrid solar project’s generating power will be supplied to Tata Power, Mumbai Power Distribution. This PPA will be valid for 25 years in order to fulfill its […] Read more
Clean Power Quarterly Market Report -2022 By American Clean Power Updated On Sun, Jul 31st, 2022 by Saurenergy According to the recently published Clean Power Quarterly Market Report Q1 2022 by the American Clean Power Association (ACP) on clean power industry began 2022 with a robust first quarter despite impending obstacles and uncertain policy landscapes. More than 6.6 GW of new capacity for clean power was installed in the United States during the […] Read more
Filatex India Signs PPA To Purchase Renewable Energy Updated On Thu, Jul 28th, 2022 by Saurenergy Filatex India Ltd, has signed a PPA with FP Crysta Energy Pvt Ltd and an SHA with FPEL Sunrise Pvt Ltd. The agreements have been signed under Gujarat’s Hybrid Wind-Solar Power Policy 2018 to mitigate the cost of energy from the grid that has constantly been on the rise and while also keeping in mind […] Read more
UPERC Adopts Tariff Of 2.98 kWh For Purchase Of 125 MW Of Solar Power Updated On Wed, Jul 27th, 2022 by Saurenergy The Uttar Pradesh Electricity Regulatory Commission (UPERC) has adopted the green signal for a new tariff of Rs 2.98/kWh towards the procurement of 125 MW capacity of solar power from grid-connected projects. These projects will be installed as part of the Ministry of New and Renewable Energy’s “Solar Parks and Ultra Mega Solar Power Projects […] Read more
