Sterlite Power Commissions its Sixth Power Transmission Project in Brazil Updated On Thu, Jul 20th, 2023 by Saurenergy Sterlite Power, a power transmission developer and solutions provider, has commissioned a transmission project in Brazil. The Marituba Transmission Project is the sixth power transmission project commissioned successfully by the firm in Brazil. Built with an investment of INR 1,600 crore, Project Marituba involved developing a 344 km long 500kV transmission corridor connecting Brazil’s largest […] Read more
SJVN Signs PPAs For RE Projects Worth 300 MW With MSEDCL, SECI Updated On Thu, Jul 20th, 2023 by Saurenergy SJVN has entered into Power Purchase Agreements (PPA) for a cumulative capacity of 300 MW renewable energy projects. The PPAs have been signed by SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of the firm. The projects have been won through competitive bidding. The PPAs have been signed for 200 MW solar power project […] Read more
NTPC Issues Tender for 1500 MW Of Solar-Wind Hybrid ISTS Projects Updated On Thu, Jul 20th, 2023 by Saurenergy The National Thermal Power Corporation (NTPC) Limited has issued a tender seeking prospective renewable energy developers. As per the mandate of the tender document, the Indian power behemoth has sought bids from players who could develop solar-wind hybrid projects anywhere in the country. The document said that the renewable energy company needed to develop this […] Read more
Masdar Raises US$750 Million Green Bond Updated On Thu, Jul 20th, 2023 by Saurenergy Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […] Read more
Tata Sons To Invest £4bn To Build A 40GW Battery Cell Gigafactory In UK Updated On Thu, Jul 20th, 2023 by Saurenergy Tata Sons, the principal investment holding firm and promoter of Tata companies has now planned to build a 40 Gigawatt (GW) battery cell gigafactory in the United Kingdom (UK). It has also planned to infuse an investment of around £4 billion. The firm said that it would deliver electric mobility and renewable energy storage solutions […] Read more
Sunsure Energy Establishes Three Solar Power Plants for Dalmia Bharat Cement Updated On Thu, Jul 20th, 2023 by Saurenergy Independent Power Producer Sunsure Energy has set up three solar power projects for cement manufacturer Dalmia Bharat Cement to help power up the cement major’s operations. The solar power projects are for a cumulative capacity of 23.74 MW. The said projects entail a 17.5 MW capacity solar power project in Cuttack, Odisha. The project will […] Read more
Five Indian EV Cab Companies Decarbonising Urban Transport Updated On Wed, Jul 19th, 2023 by Saurenergy In the last few years, several indigenous electric-only cab services have come into the picture in India. While several of these firms tried to capitalize on the new emerging market, it also aided in decarbonizing the transport fleets in the country. Several of these locally-developed companies and startups, with their expanding fleets and plans, […] Read more
India, China To See Major Rise of Power Generation Emissions By 2024: IEA Updated On Wed, Jul 19th, 2023 by Saurenergy The latest report by the International Energy Agency (IEA) released today claimed that while the power demands in advanced economies are slated to plunge, they will likely go up for South Asian countries like India and China. It also said that while the emissions from power generation are slated to slump in Europe, it is likely to […] Read more
Azure Power Announces its New CEO in Sunil Gupta Updated On Wed, Jul 19th, 2023 by Saurenergy Independent Power Producer Azure Power has onboarded Sunil Gupta as its new Chief Executive Officer. Sunil brings to the table global experience in renewable energy, new energy, and digital technologies. His career spans over two decades of experience in managing growth, operational excellence, and profitability of global renewable energy businesses. In his previous role, Sunil was […] Read more