IEA Report: Expect $1.7 Trillion Investments In Clean Energy In 2023 Updated On Fri, May 26th, 2023 by Saurenergy The International Energy Agency has said that the global investment in clean energy is on course to rise to $1.7 trillion in 2023. In this journey, solar energy is set to eclipse oil production for the first time. According to the new report by IEA, about $2.8 trillion is set to be invested globally in […] Read more
HP Sets Its Sights On Becoming A Green Energy State By March 2026 Updated On Wed, May 24th, 2023 by Saurenergy Himachal Pradesh has been consistently accelerating efforts towards upgrading the EV (electric vehicle) sector. In a fresh announcement that further gives direction to such efforts, Chief Minister Sukhvinder Singh Sukhu, in a meeting held in Dharamshala, has placed a premium on identifying sites to set up charging facilities. Green Corridors Highways: Parwanoo-Nalagarh-Una-Hamirpur-Sansarpur Terrace, Bilaspur-Hamirpur-Kangra, and […] Read more
JSW Energy Reports 32% Surge In Renewable Generation in Q4 Updated On Wed, May 24th, 2023 by Saurenergy JSW Energy Limited yesterday announced its Q4 Financial Results. The Indian private power producer said that its net renewable generation increased 32 percent on Year-on-Year (YoY) basis. In addition, it said that the commissioning of 225 Megawatts (MW) of the Vijayanagar solar power plant helped increase its clean energy generation. The firm said earnings before […] Read more
Scout Clean Energy Sells 199 MW Oklahoma Wind Farm to Evergy Updated On Tue, May 23rd, 2023 by Saurenergy Colorado-based renewable energy developer-owner-operator Scout Clean Energy has announced that it, along with its joint venture partner Elawan Energy sold the 199-megawatt (MW) Persimmon Creek Wind Farm to Evergy Inc. The wind energy farm lies in western Oklahoma. Michael Rucker, CEO and founder of Scout Clean Energy, said, “The Persimmon Creek Wind Farm has proven […] Read more
New Fund by TDK Ventures to Invest $150 Million in Green Energy Updated On Mon, May 22nd, 2023 by Saurenergy Tokyo based TDK Corporation subsidiary TDK Ventures is launching its third fund that totals $150 million in new capital to provide push mainly to energy transition. TDK Ventures said that its novel fund will target early-stage investments in energy transition, electrification, and decarbonisation in the USA and Europe. With the coming of the new fund, […] Read more
Masdar to Add 2 GW Solar & Wind, 500 MWh Storage in Uzbekistan Updated On Sun, May 21st, 2023 by Saurenergy UAE’s flagship clean energy firm Masdar has inked a joint development agreement (JDA) with Uzbekistan’s Ministry of Energy (MoE) and the Ministry of Investments, Industry and Trade (MIIT) under which it will additionally develop more than 2-GW of solar and wind projects along with 500 MWh of battery energy storage in the country. The projects […] Read more
RUMSL Solicits Bids for Allotment of Pumped Hydro Storage Sites in MP Updated On Fri, May 19th, 2023 by Saurenergy Rewa Ultra Mega Solar Ltd (RUMSL) has issued an RFP for allotment of pumped hydro storage sites in Madhya Pradesh. The total cost of the bidding document is INR 295000. The technical Bid is required to be submitted in online form by July 4, 2023. The financial bid is also to be submitted by the […] Read more
PFC Issues Tender for Procurement of Aggregate Power Including RES with Storage Updated On Thu, May 18th, 2023 by Saurenergy PFC Consulting Limited (PFCCL), a wholly owned subsidiary of Power Finance Corporation Limited, has invited proposals for the “Procurement of Aggregate Power requirement of Group of States” for undertaking tariff based competitive bidding for medium term procurement of Power”. PFC is the authorized representative appointed by the Ministry of Power under para B (v) of […] Read more
With 300 MW Win In REMCL RTC Tender, Ayana Energy Portfolio Set To Expand To 5 GW Updated On Wed, May 17th, 2023 by Saurenergy Bengaluru headquartered Ayana Renewable Power is set to expand it’s portfolio size to over 5 GW with the allotment of 300 MW for itself in the REMCL (Railway Energy Management Company Limited) RTC tender. REMCL is a JV between the Railways and RITES. Other winners in the crucial tender were NTPC with a 500 MW […] Read more