Tata Power Signals Strong EPC Recovery In Renewables At Q2 Analyst Meet Updated On Wed, Nov 2nd, 2022 by Saurenergy For Tata Power Limited, the FY 23 Q2 results have been a time to cheer, with record revenues and profits for the quarter. Total revenues at Rs 14, 163 crores were almost 50% higher than revenues in the corresponding quarter last year. Net profits came in even higher, up 85% at Rs 884 crores, versus […] Read more
ACWA Power, EBRD sign pact for Renewable Energy Infra Projects Updated On Tue, Nov 1st, 2022 by Saurenergy Key Saudi Arabian power generator and RE player ACWA Power Company has announced that it has signed a Memorandum of Understanding to finance sustainable infrastructure projects with the European Bank for Reconstruction and Development (EBRD). The pact was announced on the side lines of the Future Investment Initiative Forum, which took place in Riyadh. The […] Read more
Saurabh Agrawal: New Chairman of Tata Power Renewable Energy Segment Updated On Fri, Oct 21st, 2022 by Saurenergy The board of Tata Power Renewable Energy was restructured by the Tata group recently, with the director of Tata Sons Saurabh Agrawal taking over as chairman. Three new directors were added to the board, including Eduard Ruijs, Managing Director and Head of the London-based BlackRock Global Infrastructure Fund team. The board also welcomed Rajiv Mehrishi, […] Read more
Citizens Financial Group to Source 100% Renewable Power from Ørsted Updated On Thu, Sep 22nd, 2022 by Saurenergy Rhode Islands-based Citizens Financial Group has announced that it has entered into a power purchase agreement (PPA) with Ørsted to support the construction of the Sunflower Wind Project that will match 100% of Citizens’ power consumption across its entire operational footprint with renewable energy credits. Citizens said the Sunflower Wind Project is a 200 MW […] Read more
Pine Gate Renewables Executes 1 GW of Power Purchase Agreements Updated On Fri, Sep 16th, 2022 by Saurenergy North Carolina, US based Pine Gate Renewables has announced that it has successfully contracted nearly 1 GW of late-stage solar development projects. Pine Gate claims to be a leading renewable energy developer for utility-scale solar and storage. The official statement of Pine Gate Renewables held that the combined Power Purchase Agreements (PPAs) support enough energy […] Read more
Apollo Solar Project of EDF Renewables to Power 1200 Restaurants of McDonald’s Updated On Thu, Sep 15th, 2022 by Saurenergy EDF Renewables North America has said that it has signed a 15-year virtual power purchase agreement with fast food chain McDonald’s. The 255 MWac / 332 MWdc Apollo Solar project will help McDonald’s meet its sustainability goals. Apollo Solar is located in Texas and is expected to begin delivery of low carbon electricity in June […] Read more
BHE Renewables to Invest $500m in RE-Powered Site in West Virginia Updated On Wed, Sep 14th, 2022 by Saurenergy West Virginia Governor Jim Justice has announced that BHE Renewables, a Berkshire Hathaway Energy business, has entered into an agreement with the State of West Virginia to purchase more than 2,000 acres of land in Ravenswood, and develop it as a renewable energy microgrid-powered industrial site. The firm will be making an investment of $500m […] Read more
Research Associate (Power and Renewables) Updated On Tue, Sep 13th, 2022 by Saurenergy We are looking for a Research Associate – Power and Renewables to join Wood Mackenzie’s Asia Pacific Power and Renewables research team in India. This role will be part of our global Power & Renewables team which is a rapidly expanding and highly respected group of industry experts who produce market-leading research on onshore and offshore wind, […] Read more
Ministry of Power Modifies Rules for Purchasing RTC Renewable Energy Updated On Fri, Sep 9th, 2022 by Saurenergy The parameters for the tariff-based competitive bidding process to purchase round-the-clock (RTC) power from grid-connected renewable energy projects have been amended, according to the Ministry of Power (MoP). Under Section 63 of the Electricity Act of 2003, these regulations were first released in July 2020. The current amendment permits producers of renewable energy to combine […] Read more
