ACME Group Sets Foot into Gujarat Wind Energy Market with 50 MW Project Updated On Fri, Dec 16th, 2022 by Saurenergy Gurugram-based ACME Group has entered the wind energy market by signing a PPA with Gujarat Urja Vikas Nigam Limited (GUVNL). Currently, ACME runs solar power facilities in 12 States and provides electricity to 13 State DISCOMS. The ACME Group has won its first 50 MW grid-connected wind power project to mark its debut in the […] Read more
IREDA Inks Rs. 4,445 Cr Loan Pact with SJVN Green Energy for 1 GW Solar Power Project Updated On Thu, Dec 15th, 2022 by Saurenergy The Indian Renewable Energy Development Agency Ltd. (IREDA) has joined hands with SJVN Green Energy Ltd. (SGEL, a subsidiary of SJVN Ltd.) for a 1,000 MW Solar power project at Bikaner, Rajasthan. The agreement is worth Rs. 4,444.71 crore. The project funded by IREDA will connect to 400/220 KV substation Bikaner-II (near Bikaner). The project […] Read more
India’s November ’22 Solar Capacity Addition Drops to 342 MW Y-o-Y, Wind Additions Rise Marginally Updated On Thu, Dec 15th, 2022 by Saurenergy The statistics from last month’s RE installation indicate that November was not a terrific month for the expansion of Indian RE capacity. Comparing the current month of November 2022 to the previous one, the total RE capacity additions decreased. India only added 342.09 MW of solar energy and just 51.3 MW of wind energy in […] Read more
Saera Electric Auto Anticipates 100% Rise in Sales Updated On Thu, Dec 15th, 2022 by Saurenergy Delhi-based electric vehicle manufacturer, Saera Electric Auto Private Limited (SEAPL) anticipates a 2X increase in revenue by the end of FY ’22–23. In the first two-thirds of the current financial year, SEAPL has already surpassed the 182 Cr threshold, up from 152 Cr in the previous financial year. By March 2023, Saera Electric will have […] Read more
NTPC Crosses Key Milestone of 1 GW Renewable Capacity Updated On Wed, Dec 14th, 2022 by Saurenergy NTPC Ltd, the country’s largest power generator, has crossed the 1GW annual capacity in the renewable energy (RE) segment by adding 1074.59 MW RE capacity in FY23 taking the total NTPC non-fossil capacity to 9.41%. With the successful commissioning of entire capacities of 150 MW & 90 MW Devikot Solar PV Projects at Jaisalmer, Rajasthan, […] Read more
Mahindra CIE Automotive Takes 27% Stake in Captive Power Developer Strongsun Solar Updated On Tue, Dec 13th, 2022 by Saurenergy Automotive component maker and supplier Mahindra CIE Automotive has said that it has invested Rs 2.42 crore in Strongsun Solar. Mahindra has made the investment through a subscription of 3,03,250 equity shares of Rs 10 each of Strongsun Solar which will constitute 27.35% of the post-issue paid-up capital of the renewable energy company. Strongsun Solar […] Read more
Top 5 Takeaways From Intersolar 2022 In India Updated On Mon, Dec 12th, 2022 by Saurenergy Intersolar 2022 in Ahmedabad, or the Smarter E India as it is called in India now, finished up last week. Held from December 7 to 9 at the Helipad centre in Gandhinagar, near Ahmedabad, the event continued on the substantial shifts we have been observing in the solar and related spaces since this year started. […] Read more
Plans To Prepare Grid For 500 GW Of Renewables Announced For India Updated On Wed, Dec 7th, 2022 by Saurenergy India continues to put the building blocks in place for meeting its ambitious climate goals, of which one of the biggest ones, 500 GW of renewable power capacity by 2030 is well and truly on its way. Matching intent with ability is the latest plan titled “Transmission System for Integration of over 500 GW RE […] Read more
NTPC Renewables Report Card: The State of The PSU’s Renewable Efforts Updated On Wed, Dec 7th, 2022 by Saurenergy India’s national generator, NTPC, works for and is under the ownership of the Ministry of Power, Government of India. It is engaged in the generation of electricity and allied activities. The company is positioned at the helm of the Indian power sector and is the largest power producer in the country. NTPC is also actively […] Read more
