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
Oman Begins Tendering for 500-MW Solar Project Updated On Fri, Nov 4th, 2022 by Saurenergy When the Middle Eastern countries of Saudi Arabia and UAE are going bullish on renewable energy, Oman doesn’t like the idea of staying behind by far. In a key development, Oman Power and Water Procurement Co. (OPWP) has come up with a tender to select the independent power producers (IPPs) for the development of a […] Read more
IEX Power Market Update For October- Prices Continue To Drop Updated On Fri, Nov 4th, 2022 by Saurenergy The Indian Energy Exchange, India’s premier energy exchange, achieved 7972 MU volume in October 2022, including Green Power trade of 403 MU, and 3.58 lac RECs (equivalent to 358 MU). The total volume on the Exchange in October’22 was lower by 13% on YoY basis due to high volume base of last year, and lower […] Read more
Bhadrachalam Ramalayam Temple to Employ Solar Panels to Save on Power Bills Updated On Fri, Nov 4th, 2022 by Saurenergy The religious institutions and pilgrim sites are increasingly adopting renewable sources of energy not just to put an end to the existing pollution burden but also to limit their expenditure on electricity bills. In the latest addition, the temple authorities of Bhadrachalam Ramalayam temple located in Bhadrachalam of Telangana has roped in Hyderabad-based Sun Technologies […] Read more
Set up By Adani New Enterprises, Gujarat is the Site for India’s Tallest Wind Turbine Updated On Fri, Nov 4th, 2022 by Saurenergy As part of its expansion aspirations for renewable energy, Adani New Industries Ltd has built India’s tallest wind turbine in Mundra, Gujarat that is taller than the Statue of Unity and has blades that are wider than the wingspan of a jumbo airplane. According to a corporate statement, “Adani New Industries Limited (ANIL) recently announced […] Read more
ACWA to Develop Wind Projects of 1.1 GW in Egypt Updated On Fri, Nov 4th, 2022 by Saurenergy ACWA Power has said that it has signed an agreement to develop a 1.1GW wind project in Egypt. The official statement mentions that the wind project will come up with an investment value of $1.5 billion. The signing ceremony of the agreement took place at the headquarters of the Egyptian General Authority for Investment and […] Read more
Yulu Signs MoU With Government of Karnataka to Invest 1200 Cr to Deploy 1 Lakh EVs Updated On Fri, Nov 4th, 2022 by Saurenergy The government of Karnataka and Bengaluru’s electric mobility startup Yulu have struck an agreement for the company to spend Rs. 1200 crore in the state. According to the agreement, over the next five years, Yulu will deploy a fleet of 1 lakh electric vehicles and operationalize the state’s largest EV battery charging and swapping infrastructure. […] Read more
SECI Invites Bids for 10 MW Solar Plant O&M Work Updated On Fri, Nov 4th, 2022 by Saurenergy Solar Energy Corporation of India Limited (SECI) has floated a tender for an operations & maintenance contract including insurance for 05 (Five) Years of a 10 MW ground-mounted solar power project at Badi Sid, Rajasthan. (Bids for 10 MW) The last date for submitting the online bid is December 05, 2022, till 02:00 pm & […] Read more
Norwegian Firm Equinor Set Acquire BeGreen And 6 GW Solar Portfolio In Europe Updated On Fri, Nov 4th, 2022 by Saurenergy Norwegian energy firm Equinor has entered into an agreement with Denmark based solar project developer, BeGreen, that boasts of a pipeline of projects worth 6 GW in Denmark, Poland and Sweden- with an average project size of 300 MW. BeGreen also has a strong presence in Europe, where it has developed and sold more than […] Read more
