USA’s Enfinity Increases India Presence with 205 MW of RE Updated On Thu, Nov 24th, 2022 by Saurenergy In a release issued this week, US-based energy firm Enfinity Global has announced it has added 205 MW of solar capacity in India. The global RE conglomerate said that the feat has been achieved through the interconnection of renewable projects worth 135 MW in the Indian state of Maharashtra. The company has also acquired six […] Read more
NLC India Strives for 6 GW Renewables Capacity at Decade-End Updated On Thu, Nov 24th, 2022 by Saurenergy India’s public sector is bullish on the renewable energy segment; all credit to government efforts and the deep pockets of the enterprises. In a fresh development, NLC India Ltd – a state-owned enterprise formerly called Neyveli Lignite Corporation – is now looking to swell up its renewable energy generation capacity to more than 6 GW […] Read more
New Commitments for ETAF at COP 27; Developing Countries to Benefit Updated On Tue, Nov 15th, 2022 by Saurenergy In a key development to bolster renewables, three new partners have officially joined the Energy Transition Accelerator Financing Platform (ETAF), IRENA’s global climate finance platform aimed at mobilising capital to scale up renewable project funding in developing countries by 2030. Cooperation agreements with the Asian Infrastructure Investment Bank (AIIB), Masdar and Swiss Re were signed […] Read more
MSEDCL Invites RFS for 230 MW Solar Project Through Competitive Bidding Updated On Tue, Nov 15th, 2022 by Saurenergy Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) has invited RFS (request for selection) for a 230 MW of solar power project tender through a competitive bidding process in Maharashtra. The Successful bidders shall develop ground-mounted solar PV power projects subject to the conditions specified and as per the list of lands annexed. The last date […] Read more
Vedanta backed Serentica Renewables, Greenko Group In1500 MWhr Industrial Storage Deal Updated On Mon, Nov 14th, 2022 by Saurenergy Vedanta resources backed Serentica Renewables, a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries, has entered into an agreement with Greenko Group, to source 1500MWhr energy storage capacity through Greenko’s pumped storage projects located in India. As part of this partnership, Serentica will capitalise on Greenko’s energy storage capacity from its […] Read more
Will Hydrogen Contribute Toward Energy Transition Of India? Updated On Mon, Nov 14th, 2022 by Saurenergy The first few days of CoP27 have shown quite an enthusiasm for the potential of hydrogen to the energy transition. Government and private leaders have endorsed hydrogen as an opportunity and solution to decarbonise the economy. While the countries in the Middle East and North Africa (MENA) region are eager to exploit the potential of […] Read more
Offers For 3500 MW Pour In For PTC India Call For 1000 MW RE From Developers Updated On Wed, Nov 9th, 2022 by Saurenergy PTC India, the listed power trading firm, has announced that it has received a strong response to its call for expressions of interest from relevant players to supply 1000 MW of renewable energy for onward sales through market linked products. The 500 MW plus 500 MW greenshoe option was part pf Phase 1 of PTC […] Read more
KKR to Invest $400 Million in Sterlite Backed Serentica Renewables Updated On Tue, Nov 8th, 2022 by Saurenergy Kohlberg Kravis Roberts (KKR), a leading global investment firm, and Gurugram-based Serentica Renewables, a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, have announced the signing of definitive agreements. Under the agreements, KKR will invest $400 million in the company. Standard Chartered Bank acted […] Read more
After Promising Start, Karnataka Increases GIM Investment Plans Updated On Thu, Nov 3rd, 2022 by Saurenergy After the Global Investors’ Summit got off to a strong start, Karnataka increased its fundraising target by Rs 2.5 lakh crore to Rs 7.5 lakh crore, according to Union Finance Minister Nirmala Sitharaman. “When this global meeting was first being arranged, their initial expectations and goals were in the neighborhood of 5 lakh crore. Now […] Read more
