India’s RE Sector Saw FDI Equity Investment of USD 6,137.39 Mn in Last 3 Financial Years Updated On Wed, Dec 20th, 2023 by Saurenergy The Minister for New & Renewable Energy and Power, R.K. Singh, disclosed measures taken to entice Foreign Direct Investment (FDI) into India’s renewable energy sector. Currently, India’s FDI policy permits up to 100% investment in the renewable energy sector through the automatic route. According to the Department for Promotion of Industry and Internal Trade (DPIIT), […] Read more
Sembcorp Ties up with Japanese Firms for Export of Green Ammonia from India Updated On Mon, Dec 18th, 2023 by Saurenergy Singapore-based Sembcorp Industries has joined hands with two Japan-based firms for the production of green ammonia in India. The green ammonia produced will be supplied to Japan. The green hydrogen arm of Sembcorp, called Sembcorp Green Hydrogen Pte, has forged agreements with conglomerate Sojitz Corp and energy major Kyushu Electric Power for the exploration of […] Read more
Electricity Demand In India Increased 79% In Last 9 Years: RK Singh Updated On Mon, Dec 18th, 2023 by Saurenergy Union Power Minister RK Singh claimed that the electricity demand in India rose almost 79 percent in the last nine years. He shared the latest data before the Lok Sabha in his written response to a question. He said the electricity demand rose from 1,35,918 MW in 2013–14 to 2,43,271 MW in September 2023. He also […] Read more
BluPine Energy Achieves Financial Closure for 120 MW Solar Project in Gujarat Updated On Thu, Dec 14th, 2023 by Saurenergy Renewable Energy Company BluPine Energy, established in India by global infrastructure investor Actis, announced financial closure for its 120 MW solar project situated in Gujarat, secured under the GUVNL 16 tender. The electricity generated from this plant will be supplied to Gujarat Urja Vikas Nigam Limited (GUVNL) under a Power Purchase Agreement (PPA) for 25 […] Read more
Mumbai Gets Renewable Energy Powered Ultra-Fast Charging Station from Audi Updated On Thu, Dec 14th, 2023 by Saurenergy Audi, the German luxury car manufacturer, today inaugurated an ultra-fast charging station in Bandra Kurla Complex (BKC), Mumbai. Conceptualized and developed in collaboration with ChargeZone, the ultra-fast charger boasts a total capacity of 450kW, to deliver 360kW of power to an electric vehicle and is enabled by a 500 amps liquid-cooled gun to ensure high […] Read more
Singapore’s Sembcorp Awarded 300 MW Solar Project in India Updated On Thu, Dec 14th, 2023 by Saurenergy Sembcorp Industries (Sembcorp), through its wholly owned renewables subsidiary Green Infra Wind Energy Limited (GIWEL), received the Letter of Award (LOA) for a 300 MW Inter State Transmission System connected solar project. The project has been won by way of competitive bidding and has been awarded by NHPC, an enterprise of the Government of India […] Read more
Tata Power Renewable Energy Ltd Inks PDA for 13.2 MW Group Captive Solar Plant Updated On Wed, Dec 13th, 2023 by Saurenergy Renewable energy player Tata Power Renewable Energy Limited (TPREL) has entered into a Power Delivery Agreement (PDA) with Dr. Abhay Firodia Group of Companies – Force Motors Limited and Jaya Hind Industries Private Limited, for supplying green power for 25 years under the Group Captive Solar scheme. Under the agreement, Force Motors Limited, a fully […] Read more
“We Are Targeting To Achieve Installation Of 10+ GW Quantum by 2030”, Naresh Mansukhani, Juniper Green Energy Updated On Wed, Dec 13th, 2023 by Saurenergy Juniper Green Energy has been in the news for all the right reasons in the recent past, as the firm led by its founder and CEO Naresh Mansukhani, closed a major $350m deal with the AT Capital group and Vitol in September this year. Now part of the AT group, Juniper Green Energy, based out […] Read more
Ultratech To Increase Its Green Energy Share To 85% By 2030 Updated On Wed, Dec 13th, 2023 by Saurenergy The $7.9 billion Indian Cement and Ready-Mix Concrete Company–UltraTech Cement Limited today announced its plans to increase the overall share of green energy in its total energy mix to 85 percent by 2030. As an interim target, UltraTech plans to increase its total green energy share threefold from its current 22% to 60% by FY26. […] Read more
