ReNew Power Targets 18GW Capacity by 2024-25, from 6.4GW at Present Updated On Wed, Oct 13th, 2021 by Saurenergy To lead India’s energy transition and global green energy transformation, ReNew aspires to have 18 GW of operational capacity by FY’25, said Gurugram-based ReNew Power in a statement released yesterday. The company’s current operating capacity stands at 6.4 GW. ReNew expects to have its 10.2 GW portfolio operational by the end of FY’23 which also includes […] Read more
Co-Investing and Developing Green Technologies Only Pathway For India To Achieve Net Zero: Report Updated On Wed, Oct 13th, 2021 by Saurenergy India’s net zero goals, where the country has firmly resisted any pressure to provide a deadline, was the focus of a report by the Council on Green Energy and Water (CEEW). The report posits that India’s total installed solar power capacity would need to increase to 5630 gigawatt (GW) if it were to commit to […] Read more
Faster RE Adoption Can Cut Power Gen Cost by 50% by 2050: Wärtsilä Updated On Mon, Oct 11th, 2021 by Saurenergy Electricity production costs could be reduced by up to 50% by 2050 if countries and states adopt 100% renewable systems faster than currently planned, reports a new study by Wärtsilä. The technology group has issued the ‘Front-Loading Net Zero’ report ahead of COP26, the UN’s Climate Change Conference to be held in Glasgow this autumn, […] Read more
Manager – Corporate Taxation Updated On Mon, Oct 11th, 2021 by Saurenergy Responsible to ensure direct tax compliances including transfer pricing for one or more of Schneider India legal entity(ies). Responsible for IT computation, filing of IT returns and filing of TP certificates. Support in managing Tax assessments/ audits/ litigations, drafting replies/ appeals, dealing with consultants/ advocates. Interface with the Auditors and support the finance team in […] Read more
It’s Shopping Sunday For Reliance With 40% Stake in Sterling And Wilson Solar Updated On Sun, Oct 10th, 2021 by Saurenergy In a Stock exchange filing today, Sterling and Wilson Solar has informed the exchange about the signing of definitive agreements by Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd (Reliance), and Shapoorji Pallonji and Company Private Ltd (SPCPL), Khurshed Daruvala and Sterling and Wilson Solar Ltd (SWSL) to acquire 40.0% […] Read more
Kolkata Port Trust Gets First MW Sized Solar Plant, Vikram Solar The EPC Updated On Sun, Oct 10th, 2021 by Saurenergy Vikram Solar, one of India’s leading module manufacturers and a prominent EPC solar solutions provider commissioned a 1 Megawatt (MW) solar plant for Kolkata Port Trust (KoPT), The Syama Prasad Mookerjee Port Trust. This is KoPT’s first solar plant located at the Haldia Dock Complex, KoPT. It was inaugurated by the Minister of Ports, Shipping […] Read more
ACWA Power to Go Public, Expected to Drive RE Boom in Saudi Arabia Updated On Fri, Oct 8th, 2021 by Saurenergy Saudi Arabia’s ACWA Power shares will debut on the main market of the Saudi Stock Exchange on Monday, October 11, according to a bourse filing, which is expected to translate into a larger push for renewables in the Kingdom. The utility developer announced an international initial public offering (IPO) plan in September, aiming to raise USD […] Read more
Aker Unveils Underwater Innovation for Floating Offshore Wind Updated On Fri, Oct 8th, 2021 by Saurenergy Aker Offshore Wind has outlined plans to utilise Scotland’s first offshore wind underwater substation as part of its bids for major offshore windfarms. The multi-million subsea innovation would be developed, manufactured, and supplied in Scotland by Aker Solutions and provide major export opportunities for Scottish businesses. Substations – which help move the energy created by […] Read more
Large Buildings RE Specialist Blueprint Power Acquired by BP Updated On Fri, Oct 8th, 2021 by Saurenergy bp has acquired Blueprint Power, a US-based technology company whose technology can help turn buildings into a flexible power network by connecting them to energy markets through cloud-based software. Or a Virtual Power Plant. Blueprint’s technology presents an opportunity to help decarbonize commercial real estate, help real estate owners meet their environmental goals, and give […] Read more
