GAIL Seeks Bids to Appoint Consultants for Renewable Plants in Odisha Updated On Tue, Feb 8th, 2022 by Saurenergy Gas Authority of India Limited (GAIL) has invited bids for the appointment of consultant(s) for a year-long detailed feasibility study regarding the setting up of a greenfield solar plant and a green hydrogen and/or ammonia plant in Odisha. Bid submission deadline is 1:00 PM on February 18, 2022. Some of the key details mentioned in the tender […] Read more
AGEL First in India to Achieve GRI South Asia Charter Member Status Updated On Tue, Feb 8th, 2022 by Saurenergy Adani Green Energy Ltd (AGEL), the renewable arm of the Adani Group, has received approval for being a member of the GRI South Asia Charter on Sustainability Imperatives. Adani Green Energy Ltd (AGEL) had initiated this pursuit in response to a call from GRI by becoming a signatory to the GRI South Asia charter in […] Read more
ReNew Announces $250 Million Share Buyback and Preliminary Results for Q3 FY’22 Updated On Thu, Feb 3rd, 2022 by Saurenergy Nasdaq listed ReNew Energy Global plc has announced that its Board of Directors has authorized a new $250 million share repurchase program to buy back Class A Ordinary Shares (“Share Repurchase Program”) in the capital of the Company. In addition, the Company is providing updates on certain financial metrics for the quarter and nine months ended December 31, […] Read more
SBI Partners with Tata Power for Financing Solar Projects Updated On Tue, Feb 1st, 2022 by Saurenergy With an aim to strengthen the existing financing arrangement for solar power projects, India’s largest lender State Bank of India (SBI) has launched a dedicated centralized processing cell, ‘Surya Shakti Cell’, the company recently announced. SBI has entered into an agreement with Tata Power Solar Systems Ltd. for financing solar projects. Set-up in the Ballard Estate in Mumbai, the […] Read more
CEEW-NRDC-SCGJ Study Highlights 1 Million Jobs Potential For RE Sector In India Updated On Thu, Jan 27th, 2022 by Saurenergy India’s renewable energy sector could potentially employ around one million people by 2030, which would be ten times more than the existing workforce of an estimated 1.1 lakh (110,000) employed by the sector, according to an independent study released today by the Council on Energy, Environment and Water (CEEW), Natural Resources Defense Council (NRDC) and […] Read more
Sungrow Tops ESG Rankings in China Updated On Thu, Jan 27th, 2022 by Saurenergy Inverter major Sungrow has announced that the Company ranked first in the 2021 China Top 500 ESG Companies list released jointly by the well-known organization Sina Finance ESG Rating Center and CCTV-1 “Brand of Great Power” program. A strong ESG rating and ranking is increasingly helping firms benefit with a stronger brand perception and access […] Read more
IEX’s Growth Momentum Continues in Q3 With 37% Volume Growth Updated On Tue, Jan 25th, 2022 by Saurenergy The Indian Energy Exchange (IEX) has reported yet another strong quarter of operating results, growing both volumes and profitability. The firm, at the vanguard of the Indian energy trading market, that is expected to see high growth and innovations in the coming years, seems to be doing a very good job of its situation currently, […] Read more
Agrivoltaics Make Their Case For India Updated On Tue, Jan 25th, 2022 by Saurenergy It is a truism that no change is really big enough to matter, unless it impacts the agricultural sector in India. After all, even after 2021, the Agriculture and allied sectors account for over 50% of our workforce, and contribute a substantial 18% to the country’s GDP. With the highest amount of arable land in […] Read more
After Record 2021, Rooftop Solar Likely To Face Headwinds In Australia Updated On Sat, Jan 22nd, 2022 by Saurenergy Solar power in Australia is a fast growing industry. As of September 2021, the country had an installed photovoltaic capacity of 23,466 MW, of which at least 4,117 MW had been installed in the preceding 12 months. Notably, the installed PV capacity in Australia increased tenfold between 2009 and 2011 and quadrupled between 2011 and 2016. […] Read more