ReNew In Talks With Sembcorp To Sell 350 MW Assets: Report Updated On Fri, Mar 1st, 2024 by Saurenergy According to several media reports, Indian renewable energy company ReNew Energy Global Plc has initiated discussions to sell a portfolio of solar projects with a combined capacity of 350 MW to Singapore’s Sembcorp Industries Ltd The reports also said that earlier ReNew had sought to sell off a much larger 1.1-GW portfolio which included 750 […] Read more
Jindal Steel, Power Deploy 10 E-Buses, 27 E- SUVs At Angul In Odisha Updated On Tue, Feb 27th, 2024 by Saurenergy Jindal Steel & Power Ltd today announced the deployment of 10 electric buses and 27 electric SUVs at its Angul unit in Odisha, India. This initiative is in sync with JSPL’s commitment to environmental sustainability and decarbonization efforts. Naveen Jindal, Chairman of Jindal Steel & Power, flagged off the electric vehicles, reiterating JSP’s unwavering commitment […] Read more
Gensol Engineering Wins Two EPC Projects Worth Rs 337.70 Crore Updated On Mon, Feb 26th, 2024 by Saurenergy Gensol group’s engineering arm, Gensol Engineering recently announced the award of two significant EPC contracts from Rajasthan and Maharashtra. Gensol’s first project is of 250 MWac/350 MWdc ISTS solar power project in Rajasthan, and the 50MWac/72.5MWdc solar power project in Maharashtra. This marks another step in our journey to becoming a dominant player in the […] Read more
Global Solar Installations Could Touch 574 GW In 2024, Predicts BloombergNEF Updated On Thu, Feb 22nd, 2024 by Saurenergy The latest report by energy think tank BloombergNEF forecasts that there could be solar installations of capacity as high as 574 GW this year. The new global PV outlook report says the new installations hit 444 GW in 2023 instead of having peaked at 413 GW as was predicted earlier by BloombergNEF. The research further […] Read more
US At Risk Of Falling Behind RE Target Post-IRA: Report Updated On Thu, Feb 22nd, 2024 by Saurenergy A collaborative report on clean energy released by the Rhodium Group, in partnership with the Massachusetts Institute of Technology (MIT), states that despite reaching record levels of investment in utility-scale clean electricity generation and storage capacity in 2023, the US has a risk of falling behind post-IRA (Inflation Reduction Act) projections. While renewable electricity has […] Read more
Schneider Electric, ENGIE Enter Tax Credit Transfer Agreement Under IRA Updated On Thu, Feb 22nd, 2024 by Saurenergy Schneider Electric, a digital energy and automation manager company recently announced its investment in a portfolio of Texas-based clean energy projects. Through this, it utilized a Tax Credit Transfer Agreement (TCTA) for solar and battery storage systems developed, built, and operated by ENGIE North America (ENGIE). The contracted projects are expected to come online throughout […] Read more
U-Solar and GMR Ink Deal to Develop Solar Projects Across India Updated On Wed, Feb 21st, 2024 by Saurenergy GMR Green Energy Limited, the renewable arm of the GMR Group, and U-Solar Clean Energy Solutions, a Bengaluru-based solar EPC and RESCO company, have signed a Memorandum of Understanding (MoU) to execute their 250 MWp pipeline of solar projects across multiple states in India within the next 2 years. According to a media release by […] Read more
Tata Chemicals, IITB Collaborate To Study Perovskite Use To Deliver RE Updated On Mon, Feb 19th, 2024 by Saurenergy Tata Chemicals Limited has collaborated with IIT Bombay-Monash Research Academy, aiming at research in the perovskite/clean energy domain. This strategic partnership is a move towards advancing sustainable energy transition solutions and fostering innovation in clean energy technologies. Under this agreement, Tata Chemicals Limited commits to supporting the Next-Gen Technology research led by the IITB-Monash Research […] Read more
PM Set To Inaugurate RE Projects At UP Global Investors Summit Updated On Mon, Feb 19th, 2024 by Saurenergy Prime Minister Narendra Modi announced his plans to launch 14 thousand projects across the state worth more than 10 Lakh crore rupees on his visit to Uttar Pradesh (UP). UP has earlier this year released a tender inviting bids for procurement of solar power on a long-term basis through a tariff-based competitive bidding process (TBCB). […] Read more
