The Top 5: Most Attractive Countries for Renewable Energy Investment Updated On Wed, Jul 27th, 2022 by Saurenergy The governments around the world are looking to accelerate and broaden the scope of their renewables programs. The investors are looking out for the most attractive countries for Renewable Energy investment. But the world stands at the turn to future of energy facing dual visions – need of self-reliance in energy sector in a highly […] Read more
With 90% Growth In PAT In Q1 FY23, Tata Power Rides 48% Jump In Revenues Updated On Tue, Jul 26th, 2022 by Saurenergy One of India’s largest integrated power companies, Tata Power has today announced its results for Q1FY23 reporting a 90% YoY increase in consolidated quarterly PAT as compared to Q1FY22, registering its 11th consecutive year-on-year quarterly growth in PAT. Quarterly Highlights – Q1FY23 Tata Power’s consolidated PAT before Exceptional Items is up by 90% at ₹884 crore […] Read more
Kerala Electricity Board Awards Hero Future Energies 10-MW Battery Storage Project Updated On Mon, Jul 25th, 2022 by Saurenergy Delhi-based renewable energy developer and the renewable arm of the Hero Group, Hero Future Energies (HFE), claimed last week that it has “emerged as a successful bidder” in the tender floated by the Kerala State Electricity Board (KSEB). The tender was for the construction of a 10 MW grid-connected energy storage plant in the state. […] Read more
UK Approves 8 GW Offshore Wind Energy Projects Development Updated On Fri, Jul 22nd, 2022 by Saurenergy In a quest to decarbonize the power industry of the United Kingdom, six fixed offshore wind projects, with a potential to generate renewable electricity for more than 7 million homes, have been given the green signal by the Secretary of State for Business, Energy and Industrial Strategy. This will facilitate the UK Government to enter […] Read more
Recruitment of experienced professionals on fixed term basis in the area of Renewable Energy Updated On Thu, Jul 21st, 2022 by Saurenergy NTPC Limited is India’s largest integrated power company with installed capacity of 69,134 MW and has presence in the entire value chain of the power generation business. Commensurate with our country’s growth challenges, NTPC has embarked upon an ambitious plan to attain a total installed capacity of 130 GW by 2032. NTPC is looking for […] Read more
CESL Mulls $10 Billion Tender For 50,000 EV Buses To Decarbonise Public Transport Updated On Thu, Jul 21st, 2022 by Saurenergy State-controlled Convergence Energy Services Ltd. (CESL) is looking at floating a $10-billion tender to buy close to 50,000 electric buses to help make public transport carbon emission-free. CESL Managing Director Mahua Acharya has been quoted by a news report as saying, “Such tenders are beginning to look like infrastructure projects and local production of electric […] Read more
Mainstream And Aker Offshore Wind Join Hands For 27-GW Portfolio Updated On Mon, Jul 18th, 2022 by Saurenergy Renewable energy players Mainstream Renewable Power and Aker Offshore Wind have announced that they have inked an agreement to combine the two companies to create a stronger renewable energy company with a 27 GW portfolio. The official statement of the companies holds that the new company will foray into solar, onshore wind and bottom-fixed and […] Read more
Continuum Energy Raises $350 Million For C&I Renewable Market In India Updated On Thu, Jul 14th, 2022 by Saurenergy Singapore-based Continuum Green Energy Ltd, has announced that it has raised $350 million in debt by issuing senior secured floating rate notes to two international institutional investors. The notes have a tenure of 3.5 years and the proceeds will be partly used to refinance debt and finance project construction. The floating rate is linked to […] Read more
Syngene Announces Acquisition of 26% Stake in Ampyr Updated On Wed, Jul 13th, 2022 by Saurenergy The corporate sector is bullish about investments in the renewable sector reasoned by the availability of cheap power and compulsions under ESG ambitions. In a latest development, Syngene International has revealed that it is looking to acquire up to 26 per cent equity stake in Ampyr Renewable Energy Resources Eleven, which is a SPV formed […] Read more
