India’s Solar Sector Buoyant On New Growth Trajectory Updated On Wed, Oct 9th, 2024 by Saurenergy FY24-25 is likely to be remembered as a milestone year for India’s solar sector. Not only is capacity addition this year expected to hit a new high, but the year is also likely to see the 25 GW mark breached for the first time, with almost 15 GW added in H1 itself. Significantly, the spike […] Read more
RMC Switchgears Limited Wins ₹201 Crore Solar Project in MH Updated On Wed, Oct 9th, 2024 by Saurenergy RMC Switchgears Limited has bagged an order as part of a consortium for solarization of agricultural feeders in Maharashtra. The bid was made through competitive e-reverse auction. This project is located in Ahmednagar district of Maharashtra. It will operate three separate (EPC) Engineering, Procurement and Construction contracts with operations and maintenance for three years. The […] Read more
Origin Cancels Hunter Valley Hydrogen Project Citing Slow Growth Updated On Fri, Oct 4th, 2024 by Saurenergy Origin Energy, one of Australia’s leading utilities, has announced its decision to abandon the AUD 207.6 million Hunter Valley Hydrogen Hub project, citing slow market development and significant financial and technological risks. The project, a joint venture with fertiliser manufacturer Orica, was poised to be one of the nation’s most advanced hydrogen developments and was […] Read more
Runergy Announces Commencing Module Manufacturing At Alabama Updated On Fri, Oct 4th, 2024 by Saurenergy Runergy has recently announced the commencement of production at its module manufacturing facility in Huntsville, Alabama, USA. This move represents an important step in Runergy’s expansion into the North American market. The facility is set to fulfill its first customer orders this October, marking a new chapter for both the company and the local community. […] Read more
IRENA Report On Renewable Jobs Claims 18% Jump In 2023 Updated On Thu, Oct 3rd, 2024 by Saurenergy 2023 saw the highest ever increase in renewable energy jobs, from 13.7 million in 2022 to 16.2 million, according to the newly released Renewable Energy and Jobs – Annual Review 2024 by the International Renewable Energy Agency (IRENA) and the International Labour Organization (ILO). The 18% year-on-year leap reflects the strong growth of renewables generating capacities, together […] Read more
Maharashtra: JSW Neo Gets 1,500 MW / 12,000 MWh Pumped Hydro Storage Project Updated On Thu, Oct 3rd, 2024 by Saurenergy Mumbai-based JSW Neo Energy Limited (JSW Neo), a subsidiary of JSW Energy Limited, received a Letter of Intent (LoI) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage from the Maharashtra State Electricity Distribution Company Ltd (MSEDCL). Their Bhavali Pumped Hydro Project is located in the Nashik and Thane districts […] Read more
H1: IREDA Loan Sanctions Rise 303%, Disbursements Grows 56% Updated On Tue, Oct 1st, 2024 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA),has reported a 303% growth in loan sanctions, rising to Rs. 17,860 crore in the first half of FY 2024-25, compared to Rs. 4,437 crore during the same period in FY 2023-24. These are provisional figures as of September 30, 2024. IREDA’s loan disbursements also showed significant growth, increasing […] Read more
Odisha Clears Rs.4,671 Cr Investment For 749.9 MW Renewable Projects Updated On Tue, Oct 1st, 2024 by Saurenergy Single Window Committee (SWC) of Odisha’s Energy Department granted in-principle approval for renewable energy projects worth Rs.4,671.81 crore. A major decision, the move helps to advance the state toward a green energy future. The approvals were granted in the 7th meeting of SWC. The total capacity of the renewable energy projects approved is 749.9 MW. […] Read more
Khavda: Adani Green Signs JV Pact With TotalEnergies Updated On Mon, Sep 30th, 2024 by Saurenergy Indian renewable project developer Adani Green has now signed a Joint Venture (JV) agreement with Singapore-based energy company TotalEnergies to boost the growth of renewable energy projects at Khavda in Gujarat. The JV had been announced earlier this month. “In continuation of the Company’s earlier submission dated September 02, 2024 and subsequent to approval of […] Read more
