Serentica Doubles Down On Clean Energy Targets With 10 GW Andhra Plans Updated On Thu, Nov 7th, 2024 by Saurenergy Serentica Renewables, a leading renewable energy company in India, has announced its plans to establish renewable energy projects with a combined capacity of 10 gigawatts (GW) in Andhra Pradesh. The firm has emerged as one of the fastest growing green energy developers in India, moving to a focus on Round the clock (RTC) and other […] Read more
Apollo Green Energy Plans To Go Public In 2025, Targets Rs 10,000cr Portfolio Updated On Tue, Nov 5th, 2024 by Saurenergy Apollo Green Energy Limited (AGEL), part of Apollo International Group, is set to build a ₹10,000 crore project portfolio by 2025. Currently, the company manages an order book of ₹3,500 crore, with ₹2,500 crore of ongoing solar projects across various states in India. As part of its growth plan, AGEL is also preparing for a […] Read more
NTPC, ONGC Form JV For Renewable Energy Updated On Mon, Nov 4th, 2024 by Saurenergy Maharatna PSUs NTPC and ONGC have collaborated to form a Joint Venture Company (JVC) through their Green Energy Subsidiaries (NTPC Green Energy Ltd. and ONGC Green Energy Ltd.) to further promote their interest in renewable and new energy arena. Subsequent to the signing of the Joint Venture Agreement on 7th February 2024, during India Energy […] Read more
SECI Tenders For 1.2 GW RTC Renewable Energy Projects Across India Updated On Mon, Nov 4th, 2024 by Saurenergy SECI, has issued a tender to select renewable power developers to supply 1.2 GW of Round-the-Clock (RTC) power for renewable projects across India. The last date for bids submission is 16th December. With a commissioning time of 24 months, the 4 hour RTC supply will need to maintain a Demand Fulfillment Ratio (DFR) of 80% […] Read more
IFC Partners With ACWA Power to Support Uzbekistan’s Energy Transition Updated On Wed, Oct 30th, 2024 by Saurenergy IFC announced today a $240 million Islamic Equity Bridge Loan (EBL) financing for ACWA Power to support the development of Uzbekistan’s renewable energy sector on the sidelines of the 8th Future Investment Institute conference at Riyadh in Saudi Arabia. IFC’s financing will support the construction and operation of two projects, with a cumulative capacity of […] Read more
Ramakrishna Forgings Invests Rs.12.90 Cr In Green Energy Deal With AMP Energy Updated On Mon, Oct 28th, 2024 by Saurenergy Ramakrishna Forgings, a metal forming company, recently made an investment of Rs. 12.90 crore in the form of equity and debentures in AMP Energy C&I Fifteen. The Kolkata-based company entered into Share Subscription and Shareholders Agreements, along with other relevant agreements, with the AMP Energy subsidiary for the procurement of solar power under a captive […] Read more
SOFAR Flaunts Solar Solutions At All Energy Australia 2024 Updated On Fri, Oct 25th, 2024 by Saurenergy The latest All Energy Australia (AEA) exhibition opened at the Melbourne Convention and Exhibition Centre attracted industry experts and participants from across the global renewable energy sector. The two-day event is bustling with activity, showcasing the latest innovations and developments in clean energy. SOFAR unveiled its solar and energy storage solutions. Australia’s Solar and Energy […] Read more
Q2 Results: JSW Energy Reports Marginal Surge In Net Profits Updated On Fri, Oct 25th, 2024 by Saurenergy JSW Energy Limited today reported its results for the quarter (“Q2 FY25” or the “Quarter”) ended September 30, 2024. Key Highlights of Q2 FY25 Operational: Net Generation increased 14% YoY at 9.8 BUs driven by wind capacity additions, higher generation at thermal and hydro plants Total RE generation is up by 14% YoY at 5.0 […] Read more
JSW Energy Signs 700 MW Solar Power Agreement with SECI Updated On Wed, Oct 23rd, 2024 by Saurenergy JSW Renew Energy Eleven Limited, a subsidiary of JSW Energy Limited, has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI). The agreement covers the supply of 700 MW of solar energy through the Inter-State Transmission System (ISTS). This capacity was awarded under SECI’s Tranche XIII program. The power will […] Read more