Budget 2022- As Wishlists Grow Longer, What Can Renewables Industry Expect Updated On Thu, Jan 20th, 2022 by Saurenergy The Union Budget for 2022, scheduled to be presented on Feb 1, 2022, is probably done and dusted for all practical purposes by now. Changes if any, would have been made, representations considered and dealt with, and the focus now on balancing the books. In that situation, we check out the key industry demands from […] Read more
Green Hydrogen Powered India: From Vision to Reality Updated On Wed, Dec 8th, 2021 by Saurenergy Announcements of grand plans by Mukesh Ambani and Gautam Adani, and the partnership between L&T and ReNew have added serious ability behind the intent to produce green hydrogen in India The fact that India is not an energy self-reliant economy is well-known. Just a few weeks ahead of the Glasgow Summit, in August’21, Prime Minister […] Read more
L&T, ReNew Partner to focus on Green H2 Biz in India Updated On Thu, Dec 2nd, 2021 by Saurenergy Indian engineering conglomerate Larsen & Toubro (L&T) and green energy company ReNew Power (ReNew) are partnering to jointly develop, own, execute and operate green hydrogen projects in India. S N Subrahmanyan, CEO & MD of Larsen & Toubro, said, “This partnership with ReNew is a significant milestone in the journey towards building a green energy […] Read more
ReNew Power Achieves “Low Risk” on ESG Risk Ratings Updated On Thu, Dec 2nd, 2021 by Saurenergy RE independent power producer ReNew Energy Global has been ranked among the top 10 renewable power companies in the world on ESG Risk Ratings. ReNew has been rated as a ‘low risk’ company after a rigorous and thorough assessment process of its environmental, social and governance (ESG) risk exposure, management systems and performance, states the company. Of the […] Read more
India’s Solar Path-The Firms, Individuals and Organisations That Will Matter Updated On Wed, Dec 1st, 2021 by Saurenergy 2021 has marked a return to bump up in capacity addition in solar, after the last peak in 2017-18 when the country added close to 9.5 GW taking solar to the top among all energy options for capacity added. With this year likely to see over 11 GW of fresh capacity addition, it says something […] Read more
Renew Power Commissions 250 MW Solar project In Rajasthan Updated On Thu, Sep 9th, 2021 by Saurenergy ReNew Power today announced the commissioning of 250 MW capacity of its Interstate Transmission System (ISTS) solar generation project, SECI-3. The project has a total generation capacity of 300 MW which was won by ReNew Power in tranche 3 of the competitive auction conducted by the Solar Energy Corporation of India (SECI). ReNew expects the […] Read more
ReNew Power Merges with RMG II, Lists on Nasdaq via SPAC Updated On Wed, Aug 25th, 2021 by Saurenergy Haryana-based ReNew Power has completed its previously announced business combination with RMG Acquisition Corporation II. After the combination, RMG II has become a wholly-owned subsidiary of ReNew Energy Global. Consequently, ReNew’s Class A ordinary shares and warrants commenced trading on the U.S. stock exchange NASDAQ on August 24, 2021. The company listed in the US through […] Read more
ReNew Power Makes First Hydro Acquisition, Adds 359 MW Acquisitions Updated On Wed, Aug 11th, 2021 by Saurenergy ReNew Power continues its strong 2021 performance with the announcement of two acquisitions of 359 MW of renewable projects. Notably, the firm has made its first Hydropower acquisition, a 99 MW project in Uttarakhand. The second project is a clutch of 260MW/330MWp solar projects in the state of Telangana According to the firm, the combined […] Read more
SECI, Renew Power Sign PPA For 400 MW RTC Tender Won In 2020 Updated On Mon, Aug 9th, 2021 by Saurenergy ReNew Power has announced the signing of a Power Purchase Agreement (PPA) for Round-The-Clock (RTC) electricity supply, the first-of-its-kind in India. The PPA was signed with the Solar Energy Corporation of India (SECI) ReNew had won the bid to supply Round-The-Clock power in 2020 through an auction conducted by SECI. As per the contract, ReNew […] Read more
