Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector Updated On Tue, Jan 2nd, 2024 by Saurenergy For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […] Read more
Adani Green Announces Completing 1050MW JV With TotalEnergies Updated On Tue, Jan 2nd, 2024 by Saurenergy Adani Green Energy Limited (AGEL) has announced completing the 1,050 MW joint venture (JV) with TotalEnergies. As part of the JV, TotalEnergies invested USD 300 million in the AGEL subsidiary to acquire a 50% stake in the projects. This follows the binding agreement about the JV announced between AGEL and TotalEnergies in September 2023. The […] Read more
2023 Proved Brightest For Wind Power Generation In India: Govt Updated On Wed, Dec 27th, 2023 by Saurenergy Union Minister R.K Singh in a written reply before the parliament shared data on the contribution of wind energy in the total energy mix in the last three years. The data revealed an incremental growth in the wind generation capacity to the overall renewable energy. The data said that 2023 proved fruitful for the wind […] Read more
JSW Energy Initiates Commissioning of SECI-IX Wind Project of 810 MW Updated On Wed, Dec 27th, 2023 by Saurenergy JSW Renew Energy Limited, a subsidiary, of JSW Energy Limited has started phase-wise commissioning of the 810 MW ISTS-connected wind power project. This project was awarded under SECI tranche IX in Tamil Nadu with commissioning of the first phase of 51 MW. The project has a power purchase agreement with Solar Energy Corporation of India […] Read more
India Awards More Than 8GW Of Energy Storage Tenders: IEEFA Report Updated On Thu, Dec 21st, 2023 by Saurenergy Indian policymakers have recognised the importance of energy storage systems (ESS) to the country’s evolving power landscape and have already awarded more than 8 gigawatts (GW) of such tenders, allocating 60% of these in 2023 alone, according to a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research […] Read more
AmpIn Energy Transition appoints Amit Kumar Mittal as COO-C&I Business Updated On Wed, Dec 20th, 2023 by Saurenergy AmpIn Energy Transition (Formerly Amp Energy India), has appointed Amit Kumar Mittal as Chief Operating Officer (COO- C&I Business) in line with its growth & expansion plans. Ampin has been focused on the C&I (Corporate and Industrial) segment with a special focus on firms with clear goals of powering operations 100% renewable energy. Amit is […] Read more
BP Renewable Arm Lightsource bp Sells 1 GW Australian Portfolio To Chinese Firm Updated On Wed, Dec 20th, 2023 by Saurenergy Continuing its efforts to recycle its renewable asserts, Lightsource bp, the renewables focused arm oil and gas major bp with a heavy solar focus, has divested its 1GW solar portfolio in Australia to Beijing Energy International Australia, the local subsidiary of Chinese clean energy firm Beijing Energy. The portfolio consists of five projects, with three […] Read more
India’s RE Sector Saw FDI Equity Investment of USD 6,137.39 Mn in Last 3 Financial Years Updated On Wed, Dec 20th, 2023 by Saurenergy The Minister for New & Renewable Energy and Power, R.K. Singh, disclosed measures taken to entice Foreign Direct Investment (FDI) into India’s renewable energy sector. Currently, India’s FDI policy permits up to 100% investment in the renewable energy sector through the automatic route. According to the Department for Promotion of Industry and Internal Trade (DPIIT), […] Read more
First Floating Solar Project of Duke Energy Kicks Off in Florida Updated On Tue, Dec 19th, 2023 by Saurenergy The first floating solar project in Florida by clean energy firm Duke Energy is now operational and producing renewable energy. The floating solar project of close to 1 MW boasts over 1,800 solar panels floating atop two acres of water surface on a cooling pond at the Duke Energy Hines Energy Complex located in Bartow. […] Read more
