Exus Purchases 1GW Solar Power Project In Brazil Updated On Wed, Aug 10th, 2022 by Saurenergy Exus Brasil Investimentos – known for making investments in green projects – will be acquiring a solar power project complex worth 1 GW in Brazil from Decal Renewables and Upside Value. The solar portfolio actually consists of 20 different solar projects in Piauí. The transaction will take place through acquisition of shares of Riacho da […] Read more
Rays Power Commissions 150 MW Solar Plant In Karnataka Updated On Wed, Aug 10th, 2022 by Saurenergy Haryana-based Solar Power Company, Rays Power Infra has announced the inauguration of a 150 MW solar plant (grid-connected) in Raichur and Koppal, Karnataka. Rays Power claims that this project will approximately produce 2,40,000 MW of green energy per year and the entire project has been executed by Rays Power Infra’s in-house EPC team within the […] Read more
Direct Benefit Transfer: State Saves 33 MU of Power in Agriculture Sector Updated On Wed, Aug 10th, 2022 by Saurenergy In Srikakulam district of Andhra Pradesh, a trial programe for the Direct Benefit Transfer (DBT) program for agricultural energy connections was begun around a year ago. During the 2020–21 financial year, the 26,083 agricultural connections used around 101 million units of power. Since the program was introduced, the number of connections have climbed to 28,393 […] Read more
Torrent Power Q1 FY23: Profit Sees Two-Fold Surge Updated On Tue, Aug 9th, 2022 by Saurenergy Leading Ahmedabad-based power player Torrent Power Limited has released its Q1 FY-23 results. For the April to June quarter (Q1) of the current financial year, the company’s consolidated net profit increased by more than 140% to Rs 502.01 crore from Rs 207.78 crore in the equivalent quarter of the previous financial year 2021–22. The revenue […] Read more
NTPC Looks for Nuclear Power Addition; Bullish on Renewable Energy Updated On Mon, Aug 8th, 2022 by Saurenergy Power conglomerate NTPC has announced in its 18th Analysts & Investors Meet that the company is foraying into nuclear power while maintaining its thrust on the renewable sector. Chairman and Managing Director, Gurdeep Singh, said, “Discussions are underway for adding the nuclear capacity. This is the new thing that you would probably be hearing that we […] Read more
Reliance’s Ambani Singles Out Green Initiatives As Game Changer In Message To Shareholders Updated On Mon, Aug 8th, 2022 by Saurenergy Mukesh Ambani, Chairman and Managing Director at Reliance Industries, in his annual message to shareholders, has highlighted progress on the group’s green energy initiatives as a key area to watch for the future. The group, which had announced a commitment to invest $10 billion into it’s new energy initiatives in 2021, has made significant progress […] Read more
Ohmium And Spirare Energy Collaborate With NTPC NETRA For Green Hydrogen Project Updated On Fri, Aug 5th, 2022 by Saurenergy Ohmium International Inc., a green hydrogen company that designs, manufactures, and deploys PEM Electrolyzers, is collaborating with Spirare Energy, a leading provider of on-site energy generation systems, to generate green hydrogen at the NTPC NETRA Campus. Spirare Energy will manage the Engineering, Procurement and Construction (EPC) of the project while Ohmium will provide the hydrogen […] Read more
Oracle Energy To Build 400 MW Green Hydrogen Project In Pakistan Updated On Fri, Aug 5th, 2022 by Saurenergy A stock market filing by Oracle Power has revealed that the Sindh state government of Pakistan has accorded ‘comprehensive permission’ to Oracle Energy for the development of a 400 MW green hydrogen project. The carbon-free hydrogen facility will be supplied with electricity by 500 MW of wind energy and 700 MW of solar facilities that […] Read more
Green Jobs Are Finally A Mainstream Reality In India, Thanks To Solar Updated On Fri, Aug 5th, 2022 by Saurenergy The news of India’s ambitious solar and renewable energy targets has thrown up the possibility of as many as one million jobs in another three years’ time. These jobs matter, not only to an economy always seeking opportunities for its citizens, but also to ease the faster acceptance and spread of renewable energy, especially solar. […] Read more