Gujarat Becomes 4th State to Meet RE Targets 2022; Maha, AP, UP, MP Fall Short Updated On Thu, Sep 22nd, 2022 by Saurenergy Global thinktank for energy, Ember has published its most recent analytical report, which revealed that by August 2022, India has reached two-thirds of its 175 GW renewable energy goal for the year. Gujarat achieved this goal alongside Telangana, Rajasthan, and Karnataka. The majority of the shortage is made up of four states: Maharashtra, Uttar Pradesh, […] Read more
Amazon Scales Up Green Ambitions In India, 3 Solar Plants of 420 MW Planned In Rajasthan Updated On Thu, Sep 22nd, 2022 by Saurenergy In a development indicative of the strong shift at corporate level towards green energy, Amazon in India has signed three separate deals for a total of 420 MW for powering its operations in India. Additionally, Amazon has also announced 23 new solar rooftop plants across its fulfillment centres in India, which will account for an […] Read more
What Are Climate Bonds? Updated On Wed, Sep 21st, 2022 by Saurenergy According to the United Nations’ Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate […] Read more
USA’s Jingoli Power Launches Solar EPC Division To Expand RE Services Portfolio Updated On Wed, Sep 21st, 2022 by Saurenergy US-based Jingoli Power has announced the launch of a new solar engineering, procurement and construction (EPC) division in the company as part of its rapidly growing renewable energy services portfolio. Jingoli Power provides professional services like planning, survey, evaluation and cost estimation to contractor management and tender-process management for complex electric utility construction projects. It […] Read more
KKR Invests in Hero Future Energies in $450 Million Transaction Updated On Tue, Sep 20th, 2022 by Saurenergy New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […] Read more
Vikram Solar Awarded 350 MW Module Supply Order in US Updated On Tue, Sep 20th, 2022 by Saurenergy Vikram Solar, one of India’s leading module manufacturers and comprehensive EPC solar solutions provider has been awarded a 350 MW module supply order from a leading Independent Power Producer (IPP) in the United States (US). The project will be located in the state of Arizona. The firm claims that the order further strengthens Vikram Solar’s […] Read more
Agro-PV: Gauging India’s Agrivoltaics Potential Updated On Sat, Sep 17th, 2022 by Saurenergy According to the 2011 national census, agricultural and related sector activities employ 54.6% of the total workforce and contribute to 17.8% of the nation’s Gross Value Added (GVA). These stats show that despite the digital transformation that has taken place in the country, India is fundamentally an agrarian economy. Under its Mission 500GW, India has […] Read more
UPL Burnishes Green Cred With Green Power Deal Updated On Fri, Sep 16th, 2022 by Saurenergy Global Agri solutions firm UPL Limited has announced a joint venture with CleanMax Enviro Energy Solutions, a Mumbai-based renewable energy company, to establish a hybrid solar-wind energy power plant in Gujarat, India. UPL and CleanMax will set-up and operate a hybrid captive power plant with a capacity of 28.05 MW of solar power and 33 […] Read more
Pine Gate Renewables Executes 1 GW of Power Purchase Agreements Updated On Fri, Sep 16th, 2022 by Saurenergy North Carolina, US based Pine Gate Renewables has announced that it has successfully contracted nearly 1 GW of late-stage solar development projects. Pine Gate claims to be a leading renewable energy developer for utility-scale solar and storage. The official statement of Pine Gate Renewables held that the combined Power Purchase Agreements (PPAs) support enough energy […] Read more
