Hannon Armstrong (HASI) Invests 1.3 GW Renewables of AES Corp in USA Updated On Thu, Jan 5th, 2023 by Saurenergy Climate solutions investor Hannon Armstrong Sustainable Infrastructure Capital (HASI) has announced the close of two new programmatic investments in grid-connected renewable energy assets developed, owned and operated by the AES Corporation. The US based HASI is a public company that provides capital to assets developed by companies in energy efficiency, renewable energy, and other sustainable […] Read more
NTPC, HPCL Sign Deal To Develop Renewable Energy Together Updated On Thu, Jan 5th, 2023 by Saurenergy NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) in New Delhi for development of renewable energy based power projects to tap business opportunities in renewable energy and supply of 400 MW round the clock renewable power for requirements of HPCL. The official statement of the […] Read more
Welspun India Takes 26% Stake in Clean Max Thanos for Renewable Energy Updated On Tue, Jan 3rd, 2023 by Saurenergy Welspun India Limited has announced that the firm has acquired 26 per cent stake in Clean Max Thanos (CTPL) in order to obtain renewable energy under a captive structure. Welspun said that the acquisition would cost the firm Rs 3.80 crore. Welspun India said in an exchange filing that the textile major has entered into […] Read more
Adani Electricity Mumbai (AEML) Tender for 1500 MW Renewable Energy Updated On Tue, Jan 3rd, 2023 by Saurenergy In order to double its renewable share in the present offering to consumers, Adani Electricity Mumbai Limited (AEML) – a DISCOM under Adani Group – has issued a tender for the purchase of 1500 MW of power from grid connected renewable energy plants. Of this, 750 MW will be under greenshoe option. The AEML notification […] Read more
Haryana (HERC) Amends Renewable Purchase Obligation Policy, Adds Wind Updated On Tue, Jan 3rd, 2023 by Saurenergy Haryana has made the renewable purchase obligation (RPO) system more dynamic and eased the liability of stakeholders as it has included wind energy within the ambit of RPO. In an important development, the Haryana Electricity Regulatory Commission (HERC) has amended the policy on RPO by including wind energy and aligning solar energy to the other […] Read more
Torrent Power Mulls Over Buying 1.1 GW Clean Energy from ReNew Energy Global Updated On Mon, Jan 2nd, 2023 by Saurenergy Ahmedabad-based Torrent Power, that looks into the generation, transmission and distribution of power, is in the midst of discussions with ReNew Energy Global Plc for the purchase of clean power projects, the capacity of which will stand at 1.1 GW. Sources have revealed that the deal is valued at $1.2 billion. ReNew Energy Global Plc […] Read more
JBS is World’s First Food Company to Issue International Renewable Energy Certificates Updated On Mon, Jan 2nd, 2023 by Saurenergy Sao Paulo, Brazil based JBS, has announced that it has become the first in the food sector to have an enterprise qualified to issue International Renewable Energy Certificates (International REC Standard / I-REC). The certification proves that the generation of electricity comes from renewable and environmentally responsible sources. JBS S.A. is a Brazilian multinational company, […] Read more
The Power Ministry Report Card For 2022- Renewables Push, Reforms Lead Agenda Updated On Mon, Jan 2nd, 2023 by Saurenergy When it comes to energy and its countrywide distribution, the Power ministry is the responsible limb of the government. We look at the growth of clean energy and its distribution in India, while also assessing the various measures taken to promote clean energy in the seventh-largest country in the world. India is the world’s third […] Read more
