Renewable Energy Leads In Investor Interest In UP Global Investor Summit Updated On Tue, Feb 14th, 2023 by Saurenergy After the announcement by Reliance CMD Mukesh Ambani about investing Rs 75,000 crores in UP over the next 4 years, the summit has ended with renewable energy garnering possibly the highest commitments by value. State Investor summits usually measure their success by the value of MoUs signed, or in this case LOIs or Letter of […] Read more
Fraunhofer ISE to be Technology Partner for Emmvee’s New Solar Cell Factory in Bengaluru Updated On Tue, Feb 14th, 2023 by Saurenergy PV modules maker and supplier Emmvee Group has announced that it has signed an MoU with Fraunhofer ISE which is the largest solar research institute in Europe. The MoU appoints Fraunhofer ISE as the solar technology partner of Emmvee for its upcoming solar cell manufacturing facility near Bengaluru. The official statement Emmvee held that the […] Read more
HPCL Requests EoI For Acquiring Green Energy Assets with Minimum 50 MW Capacity Updated On Mon, Feb 13th, 2023 by Saurenergy State owned Hindustan Petroleum Corporation Limited (HPCL) is exploring acquisition opportunities in Renewable Energy – Solar / Wind and Hybrid assets with or without storage with expected asset Capacity of minimum 50 MW. The PSU is aiming to augment its renewable business through the intended acquisition. As per the notification, in case a seller is […] Read more
Renewable Energy M&A Deals at $30.7bn in Q3 2022; India Leads with 72% Onshore Wind Deals Updated On Mon, Feb 13th, 2023 by Saurenergy Renewable energy-related mergers and acquisition (M&A) deal value in Asia Pacific saw an increase by 11% year-on-year in 2022, thereby rising to $19 billion. Increase in onshore wind is a major contributor to this factor. As per Enerdatics, a research company, India and Australia were at the forefront of the M&A activity. This is primarily […] Read more
Amplus Solar Bags 56 MW Solar Plant Contract from JK Lakshmi Cement Updated On Thu, Feb 9th, 2023 by Saurenergy The cement industry is a major carbon emitter and employing renewable sources of energy could help them curb produce green electricity and control carbon footprint. Cement firms have begun to take note of this all and taking initiatives in this direction. Cement major JK Lakshmi Cement is the latest firm headed towards renewables. The firm […] Read more
Adani Green Energy Q3 Results- Operational Capacity Up 35%, EBITDA 44% Updated On Tue, Feb 7th, 2023 by Saurenergy Embattled Adani group firm, Adani Green Energy Limited has reported its results for the Q3, Fy23. The firm, with a target of 25 GW of renewable assets by 2025, has reported a strong financial Performance, with revenue from power supply increasing by 39% YoY to Rs 3,695 Cr. The firm continued to lead in generation […] Read more
NTPC Issues Tender For 2-MW Solar Project At Agartala Airport Updated On Fri, Feb 3rd, 2023 by Saurenergy NTPC Vidyut Vyapar Nigam Limited (NVVN), A wholly owned subsidiary of NTPC Ltd., has invited bids for the development of 2-MW (AC) Grid Connected Solar PV Project at Tripura Airport in Agartala, Tripura. The tender is for Design, Engineering, Supply, Construction, Erection, Testing and Commissioning of the Grid Connected Solar PV Projects at Agartala Airport. […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more
Budgetary Allocation for Solar Sees Upward Thrust, But Wind Slumps Updated On Thu, Feb 2nd, 2023 by Saurenergy Finance Minister Nirmala Sitharaman has placed eminence on green growth in Budget 2023-24. Consequently, a slew of announcements and schemes have been announced. Off-grid and grid-connecting solar projects as well as PM-KUSUM has also see a major increase in budgetary allocation. An outlay of Rs 7327 crore has been approved towards the scheme for both […] Read more
