AMPIN Energy, CIP Partner To Create $3 Bn RE Asset Base In India Updated On Tue, Nov 19th, 2024 by Saurenergy AMPIN Energy Transition, and Copenhagen Infrastructure (CIP) have announced a second partnership to develop another ~2 GWp of renewable energy projects across India. This new investment in excess of USD 300 million would help create a renewable energy asset base of approx. USD 1.5 billion. This partnership follows the existing partnership that AMPIN and CIP […] Read more
Waaree Energies Q2 Results-Numbers Up, Growth Rate Moderates Updated On Tue, Nov 19th, 2024 by Saurenergy Waaree Energies Limited India’s largest module maker and now a publicly listed firm, has delivered its first set of numbers after its listing. The company in its Q2 numbers for FY25 has delivered a profit after tax growth of 17% year on year(YoY) over Fy24, even as total income rose under 3% to Rs 3663 […] Read more
ONGC, NTPC Green Enter JV To Build Offshore Wind Project In India Updated On Mon, Nov 18th, 2024 by Saurenergy ONGC NTPC Green Private Limited (ONGPL) was recently incorporated as a 50:50 joint venture between NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, and ONGC Green Limited (OGL), a wholly-owned subsidiary of Oil and Natural Gas Corporation Limited. The authorized share capital of ₹10 lakh has been subscribed to explore and set up […] Read more
KPI Green Plans To Go Global After Its Beyond-Gujarat Success Updated On Mon, Nov 18th, 2024 by Saurenergy Gujarat-based renewable energy company KPI Green Energy has now hinted at its likely plan to go international. However, it has refrained from shedding more light on its plan, citing ongoing talks on the matter. The top management of the firm, buoyed by its increased penetration in states beyond Gujarat said told its investors in a […] Read more
Rising Green Energy in a Grid: Lessons From Australia Updated On Mon, Nov 18th, 2024 by Saurenergy Green energy is poised to dominate power grids globally, but several challenges must be addressed to achieve its full potential. Australia’s solar expansion serves as a prime example of effective solar power integration into an energy mix. Australia now boasts 25 GW of rooftop solar capacity across four million installations. Across the National Electricity Market […] Read more
EV Adoption To Hit 20% By FY30, Says CareEdge Ratings Report Updated On Thu, Nov 14th, 2024 by Saurenergy India has set an ambitious target to meet 50% of its primary energy requirement from renewable sources by 2030. To achieve this, India needs to balance Electric Vehicle (EV) penetration with grid-level energy storage capacity. This calls for a transition to meet India’s increasing demand for advanced chemistry batteries, particularly lithium-ion (Li-ion) batteries, due to […] Read more
NLC India Plans To Go For IPO For Its Renewable Arm In FY26 Updated On Thu, Nov 14th, 2024 by Saurenergy Power Generation PSU NLC India Limited (NLCIL) is gearing up to launch the Initial Public Offering (IPO) of its green energy arm in the next financial year. In its latest investor call, the top management revealed that the company plans to proceed with the IPO of its renewable energy division within a specific time period. […] Read more
Why The NTPC Green Energy IPO Could Be A Turning Point For Green Energy Related IPOs Updated On Thu, Nov 14th, 2024 by Saurenergy After a journey of over two years, the NTPC Green Energy IPO is finally here. It is interesting that despite the long anticipation and preparations behind this mega Initial Public Offering (IPO) of Rs 10,000 crores ($1.18 billion), the latest IPO still gives one a feeling of a rushed effort, thanks to the many exemptions […] Read more
TPREL Commissions 126 MW Floating PV Project At Omkareshwar Updated On Wed, Nov 13th, 2024 by Saurenergy Tata Power Renewable Energy Limited (TPREL), Tata Power’s renewable energy subsidiary, today announced the formal commissioning of the Omkareshwar Floating Solar Project of 126 MW capacity. The EPC contract for this project worth Rs. 596 crore was awarded by NHDC, a joint venture of NHPC Ltd and Madhya Pradesh government to TPREL. The project vaults […] Read more