Sri Lanka Offers An Opportunity For India In Solar Updated On Thu, Mar 7th, 2024 by Saurenergy Sri Lanka, which joined the renewable energy bandwagon much later than many others, thanks to its extended civil war and the brush with bankruptcy till recently, is finally ready to move ahead on its targets. The island nation targets taking the share of renewable energy to 70% of its requirements, from a share of just […] Read more
Kerala Installs Rooftop Solar On All Households In Palakkad Tribal Pocket Updated On Wed, Mar 6th, 2024 by Saurenergy Naduppathi Tribal settlement in Palakkad became the first settlement in the country to have Rooftop Solar installed in all feasible Households, the Agency for New and Renewable Energy Research and Technology (ANERT) of Kerala said in a statement. ANERT has completed the Solarisation of all feasible households at the Naduppathy Tribal settlement in Palakkad District. […] Read more
CERC Order Paves Way For Bundling RE With Thermal For DVC Updated On Wed, Mar 6th, 2024 by Saurenergy In an important order dated March 5 that paves the way for the signing of PPAs between Damodar Valley Corporation (DVC) on one side and ReNew Power and Avaada Energy for 500 MW of solar procurement, the Central Electricity Regulatory Commission (CERC) adopted the discovered tariffs proposed by DVC. The tariffs are notable for being […] Read more
UK-Based Hive Energy Acquires 272 MW Polish Project Updated On Tue, Mar 5th, 2024 by Saurenergy UK-headquartered renewable energy developer Hive Energy, has completed the acquisition of four early-stage solar projects from Polish developer, T&T Proenergy. The projects totaling 272MW from Polish developer T&T Proenergy. The projects will be co-developed to Ready to Build status. The companies have an ongoing development agreement for a portfolio of photovoltaic projects with a minimum […] Read more
Matrix Gas & Renewables Raises Rs 350 Crore In Pre-IPO Round Updated On Tue, Mar 5th, 2024 by Saurenergy Gensol Group Company, Matrix Gas & Renewables Limited, has raised Rs 350 crore in the pre-IPO round. With the current capital raise, Matrix is now well positioned to accelerate its growth initiatives towards expanding market share for the gas aggregation business, acquiring City Gas Distribution (CGD) assets, and funding the ongoing capital expenditure plan. This […] Read more
Adani Green Operationalises 448.95 MW Solar Projects In Gujarat Updated On Tue, Mar 5th, 2024 by Saurenergy Gujarat-based renewable energy company Adani Green Energy Limited (AGEL) operationalized an incremental 448.95 MW solar power projects at Khavda, Gujarat. Together with an earlier intimation of projects, dated February 14, 2024, AGEL aggregated to 1,000 MW solar power projects that are operationalized at Khavda, Gujarat. With the operationalization of these plants, AGEL’s total operational renewable […] Read more
Solar Projects To Come Up Along Mumbai-Nagpur Samruddhi Mahamarg: Report Updated On Tue, Mar 5th, 2024 by Saurenergy The Maharashtra State Road Development Corporation (MSRDC) will be establishing a solar power generation project along the Samruddhi Mahamarg that connects Mumbai and Nagpur. According to media reports, several offices of MSRDC will be embedded with solar panels in Mumbai, Pune, Nashik, and Aurangabad. Further, the reports stated that the special-purpose vehicle of MSRDC, Mahasamruddhi […] Read more
Union Minister Inaugurates 1st Green Hydrogen Plant By Jindal In Hisar Updated On Mon, Mar 4th, 2024 by Saurenergy Union Minister for Steel and Civil Aviation, Jyotiraditya M. Scindia, today virtually inaugurated India’s 1st green hydrogen plant in the stainless steel sector located at Jindal Stainless Limited in Haryana’s Hisar. The inauguration witnessed the presence of the Secretary, of the Ministry of Steel Nagendra Nath Sinha, Managing Director (Jindal Stainless Limited), Abhyuday Jindal, Founder, […] Read more
Centre Amends Electricity, Late Payment Surcharge Rules 2022 Updated On Mon, Mar 4th, 2024 by Saurenergy The Central government has amended the Electricity (Late Payment Surcharge and Related Matters) Rules of 2022 to ensure an adequate supply of electricity and to meet the growing demand in the country. The government amended the rule to ensure the optimum utilisation of available power-generating capacity. These amendments are expected to enhance the reliability of […] Read more
