Tobacco Major VST Industries Adds 1 MW Solar to HO Updated On Tue, Mar 15th, 2022 by Saurenergy As part of VST Industries commitment to sustainability, the Company has commissioned a solar plants totaling 1 MW for its manufacturing units. These plants will provide about 25 percent of the Company’s energy needs. This will result in cancelling out a total of 1310 MT of carbon dioxide emissions. Energy generated from these plants will […] Read more
Tirupati Temple, NTPC to sign MoU for solar projects Updated On Thu, Mar 3rd, 2022 by Saurenergy The world renowned Tirumala Tirupati Devasthanams (TTD) or ‘Tirupati Temple’ situated in Andhra Pradesh will sign a Memorandum of Understanding (MoU) with NTPC Vidyut Vyapar Nigam Limited (NVVN) to commission solar photovoltaic power projects. These projects are going to come up at Tirumala and Tirupati. The temple administration will purchase solar energy generated from these […] Read more
Omega Seiki Mobility, ElectroRide to Set Up 500 Dealer network in 2 Years Updated On Mon, Feb 28th, 2022 by Saurenergy Indian electric vehicle (EV) manufacturer Omega Seiki Mobility (OSM) has partnered with ElectroRide to come up with more than 500 dealerships across India. The network will be created by the end of financial year 2024. ElectroRide is an arm of Goenka Green Private Limited and OSM belongs to the Anglian Group Company. Omega Seiki Mobility […] Read more
“This fiscal we aspire to achieve 100 billion units in terms of volume”, says Rohit Bajaj, IEX Updated On Mon, Feb 28th, 2022 by Saurenergy Trading in India’s Green Day Ahead Market, ever since it started in October’21, and before that the Green Term ahead market (started in August 2020) has been on a growth path, hitting a high of 280 million units (MU) in January this year. Energy trading accounts for just 6% of the overall power market, with […] Read more
Wind Repowering in India Waits for a Favourable Wind Updated On Mon, Feb 28th, 2022 by Saurenergy The benefits of solar and wind energy as clean alternatives to oil, coal and gas are well established globally. Though many countries started their solar journey early, India’s solar-energy build-up has been consistently gathering momentum over the last decade, with the last five years seeing a sharp spurt. The wind energy sector, on the other […] Read more
NTPC Seeks Bids for Maintenance of 255 MW Solar Projects Updated On Thu, Feb 17th, 2022 by Saurenergy India’s leading power generating conglomerate NTPC Limited, formerly National Thermal Power Corporation Limited, has invited bids for the maintenance of its solar power projects totalling 255 MW capacity. There are two separate solar plants that require service in the fresh contract. A 250 MW solar power plant is based in Ananthapuram district of Andhra Pradesh. A […] Read more
As Power minister R.K. Singh responds to Telangana CM KCR, power reforms at risk? Updated On Wed, Feb 16th, 2022 by Saurenergy In a release yesterday, the Press Information Bureau(PIB), on behalf of the MNRE (Ministry of New and Renewable Energy) has carried a strong rebuttal from Power Minister R.K. Singh, of statements ascribed to Telangana Chief Minister K Chandrashekar Rao (KCR). R.K. Singh has termed as a ‘lie’, a claim attributed to KCR, that the central […] Read more
Ayana, Greenko Partner to Develop 6000MWhr Storage Capacity Updated On Tue, Feb 15th, 2022 by Saurenergy Greenko Group and NIIF-backed Ayana Renewable Power have entered into an agreement to provide standalone storage capacity in a template that sets a standard for such transactions in India, the companies announced in a recent statement. Under the partnership, the companies will develop firm and dispatchable renewable energy solutions, including round-the-clock power supply of up […] Read more
ReNew Announces $250 Million Share Buyback and Preliminary Results for Q3 FY’22 Updated On Thu, Feb 3rd, 2022 by Saurenergy Nasdaq listed ReNew Energy Global plc has announced that its Board of Directors has authorized a new $250 million share repurchase program to buy back Class A Ordinary Shares (“Share Repurchase Program”) in the capital of the Company. In addition, the Company is providing updates on certain financial metrics for the quarter and nine months ended December 31, […] Read more
