MSEDCL Issues RFS For 250 MW Grid-Connected Storage Updated On Mon, Aug 15th, 2022 by Saurenergy Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has invited a Request for Selection (RfS) for the purchase of 250 MW of flexible and schedulable power through a competitive bidding process followed by an e-reverse auction from grid-connected renewable energy sources with an energy storage facility. The last date for submitting the online bid is September […] Read more
Hindalco Partners With Greenko To Produce Solar & Wind Power For Odisha Smelter Updated On Fri, Aug 12th, 2022 by Saurenergy Aditya Birla Group owned Hindalco and energy transition company Greenko Energies have announced that they have entered into a commercial arrangement to set up a renewable energy project for supply of 100 MW round-the-clock carbon free power. The arrangement covers the development of 375-400 MW of solar and wind capacity. The official statement by Hindalco […] Read more
Danish Power Company Ørsted Extends 100% RE Target To All Suppliers Updated On Fri, Aug 12th, 2022 by Saurenergy Leading Danish power company Ørsted has asked all its suppliers to use 100% renewable electricity by 2025 and claims to be the first energy company in the world to do so. The action is aimed toward realizing 2040 net-zero target. As per the official statement, Ørsted has reduced its scope 1 and 2 emission intensity […] Read more
Exus Purchases 1GW Solar Power Project In Brazil Updated On Wed, Aug 10th, 2022 by Saurenergy Exus Brasil Investimentos – known for making investments in green projects – will be acquiring a solar power project complex worth 1 GW in Brazil from Decal Renewables and Upside Value. The solar portfolio actually consists of 20 different solar projects in Piauí. The transaction will take place through acquisition of shares of Riacho da […] Read more
Assam To Invest Rs 10,000cr For 2000 MW Solar Power Updated On Wed, Aug 10th, 2022 by Saurenergy The Assam government has decided to produce 2,000 MW of solar power with an investment of Rs 10,000 crore. Chief Minister Himanta Biswa Sarma has said that the capacity will be added in the next three years. Assam wants to add 2000MW solar through two projects. The state will form a joint venture with centre-owned NLC India. It […] Read more
Odisha’s Medical Colleges And DHH Buildings To Adopt Solar Rooftop Updated On Tue, Aug 9th, 2022 by Saurenergy Seven medical colleges and 32 district headquarters hospitals (DHHs) across the state of Odisha will all get rooftop solar installations. Under the renewable energy service company (RESCO) program of Odisha Renewable Energy Development Agency (OREDA), healthcare facilities and hospitals will be mounted with rooftop solar systems. The Director of Health Services (DHS) and the Director […] Read more
Torrent Power Q1 FY23: Profit Sees Two-Fold Surge Updated On Tue, Aug 9th, 2022 by Saurenergy Leading Ahmedabad-based power player Torrent Power Limited has released its Q1 FY-23 results. For the April to June quarter (Q1) of the current financial year, the company’s consolidated net profit increased by more than 140% to Rs 502.01 crore from Rs 207.78 crore in the equivalent quarter of the previous financial year 2021–22. The revenue […] Read more
Varun Mehta Is Torrent Power’s New Director On Board In Succession Plan Updated On Tue, Aug 9th, 2022 by Saurenergy Varun Mehta has been appointed to the Board of Torrent Power as Director. This move makes him the second third-generation member from the family to be elevated in a week’s time. This announcement comes close on the heels of the elevation of Aman Mehta, the son of Chairman, Torrent Group, Samir Mehta, to the board […] Read more
Enfinity Global Raises $242 Million Funding For Solar Plants Updated On Tue, Aug 9th, 2022 by Saurenergy Enfinity Global, a provider of sustainability and renewable energy services with headquarters in Belgium, has obtained $242 million funding (about ¥29 billion) in long-term financing for three utility-scale solar PV projects in Japan that were just finished and have a combined capacity of 70 MW. Under the feed-in-tariff (FIT) arrangement, the power plants have 18 […] Read more
