Sterling & Wilson Renewable Reports Rs 421 Cr Loss in March Qtr Updated On Fri, Apr 21st, 2023 by Saurenergy Renewable engineering, procurement and construction (EPC) solutions provider Sterling and Wilson Renewable Energy has released its financial results for the quarter ended March. The company clearly continues to ‘clean up’ after Reliance joined as a promoter group, with consolidated revenue having dipped 92% Y-O-Y, pegged at Rs 421.11 cr. The firm has exited businesses, contracts […] Read more
BPCL Targets 240 MW Renewables Expansion This Fiscal Updated On Thu, Apr 20th, 2023 by Saurenergy Public sector fuel marketing major Bharat Petroleum Corporation (BPCL) is mulling for the development of 240-MW of renewable power capacity this fiscal year of 2023-24. A senior official of BPCL held that the renewable expansion of the firm will be achieved at the cost of Rs 1600 crore. BPCL was in line for divestment by […] Read more
Kapil Maheshwari is Appointed CEO of Welspun New Energy Updated On Wed, Apr 5th, 2023 by Saurenergy Welspun New Energy, a subsidiary of Welspun Enterprises Ltd (WEL) has appointed Kapil Maheshwari as its CEO and Executive Director. Before he joined Welspun, Maheshwari was responsible for leading Renewable Energy and Green Hydrogen Ecosystem Development at Reliance Industries. He brings to the table two decades of experience in solar, greem hydrogen, storage, electronics. He […] Read more
Brookfield, EIG Consortium Ink Pact to Acquire Origin Energy for A$18.7bn Updated On Wed, Mar 29th, 2023 by Saurenergy A consortium comprised of Brookfield Renewable Partners, together with institutional investors GIC and Temasek, and MidOcean Energy of leading investor EIG will be acquiring 100% shares of Origin Energy Limited. The parities have signed a Scheme Implementation Deed. Origin Energy is Australia’s largest integrated power generator and energy retailer. The Scheme values Origin at an […] Read more
India’s Solar Self Sufficiency Dreams Move Ahead With Solar PLI II Bids Updated On Mon, Mar 6th, 2023 by Saurenergy Confirmations on the bidders for the phase 2 solar PLI (Performance Linked Incentives) scheme of the government are in, with Reliance Industries Limited (RIL), leading a host of companies that have bid for a slice of the incentives. In the guidelines for the second phase of the solar PLI scheme where Rs 19,000 crore has […] Read more
Pranav Mehta, Solar Believer, Passes Away Updated On Fri, Dec 16th, 2022 by Saurenergy Shri Pranav R Mehta, Founder Chairman of National Solar Energy Federation of India (NSEFI) passed away on Thursday afternoon at Ahmedabad, Gujarat. The news was shared by NSEFI today. Pranav R Mehta was one of the leading Global Solar Energy thought Leaders, known for his social and environmental concerns. He served as Chairman of Global […] Read more
Solar Is Changing Fast, Here Are 5 Ways It Already Has Updated On Mon, Nov 28th, 2022 by Saurenergy When the Jawaharlal Nehru National Solar Mission was launched back in January 2010, India had a total installed solar capacity of around 160 MW. The mission itself had a target of 20 GW by 2022. However, changes on the ground in terms of technology, availability and fresh climate realities meant a wholesale upgrade on those […] Read more
Will Hydrogen Contribute Toward Energy Transition Of India? Updated On Mon, Nov 14th, 2022 by Saurenergy The first few days of CoP27 have shown quite an enthusiasm for the potential of hydrogen to the energy transition. Government and private leaders have endorsed hydrogen as an opportunity and solution to decarbonise the economy. While the countries in the Middle East and North Africa (MENA) region are eager to exploit the potential of […] Read more
Mahindra Works With Jio-bp To Strengthen EV Push Updated On Thu, Oct 13th, 2022 by Saurenergy India’s leading SUV manufacturer, Mahindra & Mahindra (M&M), and the joint venture firm of Reliance Industries Limited (RIL) and bp, Jio-bp are strengthening their current partnership to build out reliable charging infrastructure for Mahindra’s upcoming electric SUV launches. Mahindra’s moves in this regards were keenly watched as rival and current EV market leader in four […] Read more
