REI Expo 2022 Kicks Off with Great Enthusiasm, Presence of MNRE Minister Updated On Thu, Sep 29th, 2022 by Saurenergy Informa Markets in India launched the Crystal Edition (15th anniversary) of Asia’s biggest REI Expo, the Renewable Energy India Expo 2022 at the India Expo Mart, Greater Noida, Delhi-NCR. Over 500 top exhibitors showcasing more than 750 brands were present on the show floor. The first day of the REI expo was graced by dignitaries […] Read more
India Added 9.9 GW of Solar Installation in First Eight Months of CY-22 Updated On Fri, Sep 23rd, 2022 by Saurenergy India increased its solar PV capacity by over 9.9 GW in the first 8 months of CY-22. In comparison to the same period of last year, it’s a 22.2% y-o-y growth. In the first 8 months of CY-21, India added 8147.27 MW. In August -22, India added 1328.92 MW of solar. In comparison to the […] Read more
Gujarat Becomes 4th State to Meet RE Targets 2022; Maha, AP, UP, MP Fall Short Updated On Thu, Sep 22nd, 2022 by Saurenergy Global thinktank for energy, Ember has published its most recent analytical report, which revealed that by August 2022, India has reached two-thirds of its 175 GW renewable energy goal for the year. Gujarat achieved this goal alongside Telangana, Rajasthan, and Karnataka. The majority of the shortage is made up of four states: Maharashtra, Uttar Pradesh, […] Read more
Tata Power RE, Three Other Firms Win RUMSL’s 750 MW Hybrid Project Updated On Wed, Sep 21st, 2022 by Saurenergy A joint venture company between The Solar Energy Corporation of India (SECI) and Madhya Pradesh Urja Vikas Nigam (MPUVN), Rewa Ultra Mega Solar Limited (RUMSL) has released the results of 750 MW hybrid (wind+solar) project. Sprng Ojas, Tata Power Renewable Energy, ReNew Solar Power, and TEQ Green Power IX (O2 Power) were declared the winners […] Read more
Tata Power Solar Receives LoA for 125 MW Floating PV Project Updated On Thu, Sep 15th, 2022 by Saurenergy A Letter of Award (LoA) for Rs. 596 crore from NHDC Limited was given to Tata Power Solar Systems for the establishment of a 125 MW floating solar project. The LoA was chosen through competitive tariff-based bidding. The project will supply M.P. Power Management Company Limited with sustainable power within 13 months of the Letter […] Read more
RE Firms’ Receivables to Dwindle by 20% in FY23: CRISIL Updated On Wed, Sep 7th, 2022 by Saurenergy In a significant revelation, as per a CRISIL ratings, the leading renewable energy companies’ receivables will shrink by 20% this fiscal year. Leading RE companies may anticipate their receivables to decline by a fifth, from 180 days a year ago to 140 days in March next year, CRISIL has said. This trend was last seen […] Read more
Inox Wind Board Gives Go-Ahead to Raise Up To Rs 800 Crores Updated On Thu, Sep 1st, 2022 by Saurenergy Noida-based wind energy solution provider, Inox Wind announced recently that the Board has given the company permission to finance up to Rs 800 crore through the private placement of non-convertible preference shares to promoters. The official news release states that the money raised would go toward paying off the debt. According to Devansh Jain, executive […] Read more
NTPC & NPCIL Look To Add Two More Nuclear Power Plants Updated On Fri, Aug 26th, 2022 by Saurenergy India’s largest power producer National Thermal Power Corporation Limited (NTPC) is mulling to develop a big nuclear project in India to give a thrust to clean energy. Earlier in August, the central PSU had announced that it is making its debut in the nuclear power segment by constructing two reactors in Haryana’s Gorakhpur. According to […] Read more
NTPC Commissions 10 MW Out of 20 MW Gandhar Solar Project in Gujarat Updated On Wed, Aug 24th, 2022 by Saurenergy India’s largest energy conglomerate NTPC has revealed that the enterprise’s first part (10 MW) of 20 MW Solar PV Project in Gandhar, Gujarat has achieved completion. This has made it the fourth-most successful renewable energy project commissioned in the month of August. NTPC shared, “Consequent upon successful commissioning, the first part capacity of 10 MW […] Read more
