JSW Energy Closes Mytrah Deal For 1.7 GW Renewable Portfolio At Rs 10,530cr Updated On Fri, Mar 31st, 2023 by Saurenergy JSW Neo Energy, the fully owned subsidiary of JSW Energy has announced that it has acquired a renewable energy generation portfolio of 1,753 MW from Mytrah Energy (India) Pvt Ltd. JSW Energy said that this acquisition is made of 15 SPVs and 13 ancillary SPVs of Mytrah Energy having a total renewable energy stalled capacity […] Read more
Sterling & Wilson Selects Nextracker for NTPC REL’s 1.255 GW/1.568 GW Project Updated On Thu, Mar 30th, 2023 by Saurenergy A provider of solar tracker and software solutions, Nextracker, has announced the signing of an agreement with Sterling and Wilson Renewable Energy Limited, which is renewable energy EPC and O&M solutions provider. Nextracker will deliver its solar trackers to NTPC Renewable Energy Limited’s 1.255 GW solar PV project in Khavda Renewable Energy Park, Gujarat. Sterling […] Read more
IIT Roorkee, GIC Re Collaborate to Develop Solar Window Technology Updated On Thu, Mar 30th, 2023 by Saurenergy The Indian Institute of Technology Roorkee (IIT Roorkee) and General Insurance Corporation of India (GIC Re) have signed a partnership agreement to develop solar window technology that will enhance the solar power generation in India and lead to greater sustainable development. The two entities – IIT Roorkee Development Foundation (IITRDF) and GIC Re – have […] Read more
Transmission Gets Stronger Push with Approval of Green Power Transmission Line in Bundelkhand Updated On Thu, Mar 30th, 2023 by Saurenergy Towards the establishment of a Green Energy Corridor in Bundelkhand, the Cabinet has given its nod to a project on the laying of power transmission lines. These will be more than 2,000 km. The clearance has also been issued for close to 20 substations towards solar power evacuation from power plants under development in various […] Read more
Sunpure Robots to Clean Sprng Energy Solar Projects in India Updated On Thu, Mar 30th, 2023 by Saurenergy Technological manifestation is on the rise in the renewable energy sector which propels the green energy scenario in India. In a key development, Sunpure Technology Co. Ltd. has announced that it has signed agreements with renewable energy developer Sprng Energy, under which, Sunpure will supply its robotic cleaning systems that do not require water in […] Read more
Energy Transition and Clean Energy Investment in India Report – 10 Key Takeaways Updated On Thu, Mar 30th, 2023 by Saurenergy Several factors effect the green energy transition, such as the developmental aspect. However, the transition is becoming a reality. India’s largest Investment Banking franchise Avendus, in its latest report, Energy Transition and Clean Energy Investment in India, gives a picture of business segments emerging across the green economy value chain. The report also gives an […] Read more
“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL Updated On Wed, Mar 29th, 2023 by Saurenergy Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […] Read more
Iberdrola to Supply Over 1 TWh Renewable Power to Amazon Updated On Wed, Mar 29th, 2023 by Saurenergy In a key development that will step-up the decarbonisation of global e-commerce and cloud company Amazon, Spanish energy firm Iberdrola has inked its largest ever power purchasing agreement (PPA) under which it will develop large-scale renewable energy projects along with Amazon. The PPA is signed for the Iberdrola renewable energy projects – new wind and […] Read more
ReNew Repays Over $1 Billion to Offshore Bondholders in FY 2023 Updated On Wed, Mar 29th, 2023 by Saurenergy Gurugram-based clean energy firm ReNew Energy Global Plc has revealed that it has repaid more than $1 billion to its offshore bondholders in FY 2023. The repaid amount entails the most recent amortisation of $180 million in March 2023. “In today’s fast-paced global business environment, firms must be very strategic in financing for the growth […] Read more
