Kailash Vaswani to Steer ReNew as Chief Financial Officer Updated On Fri, Sep 8th, 2023 by Saurenergy The Board of Directors of ReNew Energy Global plc has accepted the resignation of Kedar Upadhye as the Chief Financial Officer of ReNew Energy Global Plc, on September 6, 2023.Upadhye’s resignation will be effective on October 30, 2023. Upadhye is resigning to pursue an opportunity outside ReNew in a products-driven sector. Sumant Sinha, Founder, Chairman […] Read more
Sri Lanka’s Renewable Energy Firm WindForce Signs PPA for 10 MW Solar Project Updated On Thu, Sep 7th, 2023 by Saurenergy A dominant player in the renewable energy sector of Sri Lanka, WindForce PLC, has entered into a Power Purchase Agreement (PPA) to develop a 10 MW Kebithigollewa Solar Power Project. The PPA signing ceremony witnessed the presence of N.S. Ilangakoon, Chairman of the Ceylon Electricity Board (CEB), Manjula Perera, Managing Director of WindForce PLC, and […] Read more
TPREL, Juniper Green Emerge as Successful Bidders in 225 MW Renewable Hybrid Auction Updated On Thu, Sep 7th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL) and Juniper Green Energy have emerged as winners in Tata Power’s auction. The tender was issued for the development and procurement of 225 MW of grid-connected intrastate and interstate wind-solar hybrid power projects. It also entails a greenshoe option of 225 MW on a long-term basis. Juniper Green Energy […] Read more
IREDA & IIFCL Unite for Financing of Renewable Energy Projects Updated On Tue, Sep 5th, 2023 by Saurenergy A Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, Indian Renewable Energy Development Agency Ltd., (IREDA) has joined hands with India Infrastructure Finance Co. Ltd (IIFCL). The MoU signed between the two entities will pave the for the financing of renewable energy projects. IREDA and IIFCL will […] Read more
Tata Power Renewable Energy in PDA for 26 MW Captive Solar Plant with Neosym Updated On Tue, Sep 5th, 2023 by Saurenergy The subsidiary firm of Tata Power, Tata Power Renewable Energy Limited (TPREL), has entered into a power delivery agreement (PDA) with Neosym Industry Limited (formerly the Indian Smelting and Refining Company Limited- ISR) for a 26 MW AC group captive solar plant. The project, located at Jamkhed, Ahmednagar in Maharashtra, will boast electricity generation capacity […] Read more
Airtel To Source 23,000 MWh of Renewable Power For 6 Data Centers Updated On Mon, Sep 4th, 2023 by Saurenergy Telecom operator Airtel today announced that it would purchase 23,000 MWh of renewable energy by Q4 FY 23-24 for its data center company, Nxtra. The telecom firm will acquire stakes in the renewable energy project companies established by Continuum Green India Pvt. Ltd. and Vibrant Energy Holdings Pte. Ltd. to power six of Nxtra’s Edge […] Read more
NIIF-Backed Ayana Renewable Power To develop 330 MW RE Capacity For Hindalco Updated On Mon, Sep 4th, 2023 by Saurenergy Read more
NIIF-Backed Ayana Renewable Power To develop 330 MW RE Capacity For Hindalco Updated On Mon, Sep 4th, 2023 by Saurenergy Ayana Renewable Power, one of the largest Independent Power Producers (IPP) in India and backed by National Investment and Infrastructure Fund (NIIF), British International Investment (BII) and Green Growth Equity Fund, has signed a Power Purchase Agreement with Hindalco Industries Limited, the metals flagship company of the Aditya Birla Group, for the supply of 100 MW of Round-the-Clock […] Read more
Increased Wind, Hydro Power Surged Renewable Generation In July Updated On Mon, Sep 4th, 2023 by Saurenergy An analysis of the latest monthly renewable energy generation data from the Central Electricity Authority (CEA) claimed that the increased generation of clean energy from wind power projects and small and hydropower projects led to an overall increase in non-fossil fuel energy generation in July this year. However, the data also revealed that solar energy generation during […] Read more
