Redwood Materials Gets $2 Billion Federal Funds For EV Battery Materials Plant Updated On Mon, Feb 13th, 2023 by Saurenergy The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) has announced a loan of $2 billion to Redwood Materials for the construction and expansion of a battery materials campus in Nevada. This is to support the growing EV market in America. DOE said that the Redwood Materials project will be the first facility in […] Read more
Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023 Updated On Sun, Feb 5th, 2023 by Saurenergy Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth […] Read more
KPI Green Energy to Sell 6.3 MW Solar Power To Three Clients Updated On Tue, Jan 17th, 2023 by Saurenergy Gujarat based KPI Green Energy Ltd. has announced that it has inked a set of new Power Purchase Agreements (PPAs) under which the company will sell 6.3 MW of solar power. KPI Green Energy will make this sale in the interdependent power producer (IPP) segment. KPI Green Energy said in a disclosure before stock exchanges […] Read more
Tata Power-DDL Touches Peak Winter Demand of 1646 MW in Delhi Updated On Fri, Jan 6th, 2023 by Saurenergy Tata Power Delhi Distribution (Tata Power-DDL) has announced that it has successfully met the record peak power demand of 1646 MW without any network constraint and power outage. This is when the temperatures are touching their lowest levels in North-West India. With the plunge in temperature, the capital is presently colder than several hill stations. […] Read more
ReNew Power Partners With Jindal Stainless for 300MW Hybrid Project Updated On Wed, Dec 7th, 2022 by Saurenergy ReNew Power, the largest renewable energy provider in the nation, and Jindal Stainless recently entered into a deal to establish a utility-scale captive renewable energy project for the delivery of electricity to their factory in Jajpur, Odisha. By combining solar and wind energy, the project will produce 700 million units annually. With a high capacity […] Read more
Amazon Debuts Hybrid Projects Globally with 300 MW in Madhya Pradesh & Karnataka Updated On Fri, Dec 2nd, 2022 by Saurenergy In Madhya Pradesh and Karnataka, Amazon India is set to establish 300 MW hybrid project (wind-solar). The projects would be established alongside Vibrant Energy, a subsidiary of a portfolio business of Macquarie’s Green Investment Group (GIG). Amazon said in a statement that this is one of the “biggest wind-solar hybrid corporate power purchase agreements (PPA) […] Read more
Enertech & Redington Team up to Provide Solar Hybrid Solutions in India Updated On Fri, Nov 18th, 2022 by Saurenergy To meet the growing need for solar hybrid inverters in India, Redington Limited, an IT technology provider based in Chennai, announced its cooperation with Enertech, a manufacturer of solar inverters. To increase sales and after-sales support for solar hybrid inverters, the Enertech and Redington Ltd cooperation will take advantage of Redington’s extensive national distribution network […] Read more
Sterlite Power Mulls Over Investment of Rs 50,000 Crore in RE in Karnataka Updated On Fri, Nov 4th, 2022 by Saurenergy Pratik Agarwal, Managing Director, Sterlite Power, has revealed that his company will invest Rs 50,000 crore in renewable energy in the state of Karnataka. Speaking at the Global Investors’ Meet, Pratik Agarwal held, “Over the next five years, we plan to increase the renewable capacity by 10-fold and invest close to Rs 50,000 crore into […] Read more
Tata Power Signals Strong EPC Recovery In Renewables At Q2 Analyst Meet Updated On Wed, Nov 2nd, 2022 by Saurenergy For Tata Power Limited, the FY 23 Q2 results have been a time to cheer, with record revenues and profits for the quarter. Total revenues at Rs 14, 163 crores were almost 50% higher than revenues in the corresponding quarter last year. Net profits came in even higher, up 85% at Rs 884 crores, versus […] Read more
