Mahindra Adds New Subsidiary Velos Hybren To Expand RE Portfolio Updated On Wed, Dec 11th, 2024 by Saurenergy Mahindra Susten (MSPL) recently incorporated Velos Hybren Private Limited (Velos Hybren) as its step-down subsidiary to spur renewable energy growth. Velos Hybren has been established to produce and sell power, generate electricity, act as an Independent Power Producer (IPP), and facilitate distributed energy solutions, including rooftop solar installations for commercial, industrial, institutional, and residential segments. […] Read more
Gentari, AM Green In 650 MW RTC Deal For Green Ammonia Plant Updated On Wed, Dec 11th, 2024 by Saurenergy Clean energy solutions provider Gentari, through its subsidiary Gentari Renewables India Castor One Private Limited and AM Green Ammonia India have executed a firm and binding Power Purchase Agreement. Under the agreement, Gentari will be supplying 650 MW round-the-clock, carbon-free energy to power AMG Ammonia’s upcoming green ammonia facilities in Telangana, under a long-term Power Purchase […] Read more
Reliance NU Energies Makes Key Appointments Updated On Wed, Dec 11th, 2024 by Saurenergy Reliance NU Energies Private Limited, a subsidiary of Reliance Power, has inducted two key people in its leadership: Mayank Bansal as Chief Executive Officer (CEO) and Rakesh Swaroop as Chief Operating Officer (COO), who have a combined experience of over 40 years in the energy sector. The two energy sector veterans will helm Reliance Power’s […] Read more
Continuum Green Energy IPO Bound, To Raise Rs 3650 cr Updated On Tue, Dec 10th, 2024 by Saurenergy Mumbai Headquartered Continuum Green Energy Limited has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). The green energy developer is backed by Just Climate and Morgan Stanley Infrastructure Partners. Continuum Green Energy primarily focuses on supplying green power […] Read more
Chief of Unit, Resource Mobilisation Updated On Tue, Dec 10th, 2024 by Saurenergy Reporting to the Assistant Director-General (Programs) or a designated officer, this role will lead a team of professionals – International and National Officers. The Chief will provide expert advice, develop policies, and lead resource mobilization and fund-raising efforts. S/he will lead the financing, and capital/investment flows that will meet ISA’s mandates in implementing solar projects/initiatives […] Read more
Waaree Energies Adds 1 GW Module Order Updated On Mon, Dec 9th, 2024 by Saurenergy Waaree Energies Limited, India’s largest solar module manufacturing company with capacity of 13.3 GW announces securing a significant order for the supply of 1 GW of solar modules from a renowned developer. The new order follows the massive success Indian manufacturers are enjoying in the utility scale segment after the new DCR rules came into […] Read more
Global Non-Chinese Inverter Firms Seek Protection Against Chinese Dominance Updated On Mon, Dec 9th, 2024 by Saurenergy China’s solar demand doubled in 2023, driving significant growth in PV inverter supply. Similar to the solar PV sector, Chinese inverter manufacturers are emerging as the dominant force in the global inverter market, accounting for over half of global shipments. Since 2022, the top 5 ranks in the global inverter shipments have also been taken […] Read more
Time to Worry In India? Chinese PV Firms In Production Control Agreement To Stem Losses Updated On Mon, Dec 9th, 2024 by Saurenergy Over 30 of the top Solar PV firms in China are said to have signed up for a program of self-discipline at the China Photovoltaic Industry Association’s annual meeting last week. Taking a stated cue from OPEC ( The organisation of petroleum exporting countries), the world’s oldest existing cartel, the Chinese PV firms are setting […] Read more
NTPC Races To 300 Billion Units in 2024-25 Updated On Mon, Dec 9th, 2024 by Saurenergy NTPC Group has crossed the 300 Billion Units (BU) generation mark in FY 2024-25. It crossed the 300 BU generation mark on December 18, 2023 (FY 2023-24), a full 10 days faster than it did last year. While NTPC has an installed capacity of 76.5 GW, over 29.5 GW of capacity, including 9.6 GW of […] Read more
