Saurabh Mashruwala Steps Into the Role of CFO at Torrent Power Updated On Mon, Apr 17th, 2023 by Saurenergy Torrent Power, which delves into power generation, transmission, distribution and manufacturing and supply of power cables, has onboarded Saurabh Mashruwala as the Chief Financial Officer (CFO). The appointment follows the resignation of Lalit Malik, who attributed health reasons to it. “Accepted the resignation tendered by Lalit Malik from the position of CFO and Whole Time […] Read more
Duke Energy Adds 150 MW Solar Power In Florida Updated On Fri, Apr 14th, 2023 by Saurenergy Duke Energy – St. Petersburg, US based RE player – has announced the completion of two key solar projects in Alachua and Suwannee counties in Florida. Together, the two sites will deliver 150 MW of clean, renewable energy to the grid to benefit Florida customers. These are latest sites in the company’s community solar program […] Read more
UK Offers £30 Million For Capture & Storage Of More Renewable Energy Updated On Wed, Apr 12th, 2023 by Saurenergy Renewable businesses, in locations including Scotland and Nottingham, are set to benefit from a £30 million support that has come from the UK government in terms of designing and testing innovative technology of the future that will modernise energy system and storage for renewable energy for later use. UK Government has said that capturing and […] Read more
Robotic Cleaning Represents Only 1-2% Of overall Capex, But Can Be Decisive: Amit Singla, Ecoppia India Updated On Wed, Apr 12th, 2023 by Saurenergy Israeli firm Ecoppia offers AI, data-driven robotic solar panel cleaning solutions. It claims to have deployed 3,900 MW of projects, over 10.5 mn autonomous cleaning sessions and cleaned over 9.24 bn solar panels. The firm, which has a global presence, is expanding operations in India. Some of the firm’s clients from India include NTPC, Azure […] Read more
Six Indian States Produced Solar, Wind Energy More Than The Global Average, Says Ember Study Updated On Wed, Apr 12th, 2023 by Saurenergy A recent study report released by Ember, an energy think tank, claimed that wind and solar energy globally reached 12 percent of the world’s electricity share in 2022, from 10 percent in 2021. In India, the joint contribution of wind and solar energy touched nine percent in 2022, with 165 TWh of total clean energy. The report […] Read more
Pattern Energy Expects $20.5 Billion From Its American Clean Energy Infra Projects Updated On Wed, Apr 5th, 2023 by Saurenergy California based Pattern Energy Group LP (Pattern Energy) claims that it expects a total economic benefit of around USD 20 billion from its SunZia Transmission and SunZaa Wind projects in the United States. It includes direct, indirect, and other induced economic benefits. The firm said that the research firm Energy, Economic & Environment Consultants LLC, […] Read more
Vedanta, SRIPL Collaborate for 105 MW Renewable Power for Chhattisgarh Smelter Updated On Wed, Apr 5th, 2023 by Saurenergy Vedanta owned Bharat Aluminium Company Ltd. (BALCO) has said that it has signed an agreement with Serentica Renewables India Private Ltd (SRIPL) whereby the two firms will establish a special purpose vehicle (SPV) to source hybrid renewable energy for the aluminium operations in Chhattisgarh. Vedanta revealed in a regulatory filing “BALCO has entered into a […] Read more
Solar & Waste To Energy Specialist Sukhbir Agro Completes Rs 1,325 Crore Bond Issue Updated On Mon, Apr 3rd, 2023 by Saurenergy Renewable energy company Sukhbir Agro Enterprises Limuted (SAEL) has announced that it has secured Rs 1,325 crore by the way of issuance of bonds. SAEL has received the funds as long term financing which is denominated in rupees. The AA rated bonds are slated to mature a decade after in 2033. SAEL said in its […] Read more
UK’s Gemcorp Capital Seeds $150 Million Into Kenyan Clean Energy Platform Updated On Fri, Mar 31st, 2023 by Saurenergy UK based Gemcorp Capital Management Limited has committed a substantial capital investment into Milele Energy, a clean energy platform to be headquartered in Nairobi, Kenya that will focus on development, acquisition, and optimization of clean energy assets across sub-Saharan Africa. Gemcorp said that the seed investment includes funding for the planned acquisition by Milele of […] Read more
