Suzlon Acquires 51% Stake In Wind O&M Services Firm Renom Updated On Wed, Aug 7th, 2024 by Saurenergy Suzlon Group, India’s largest renewable energy solutions provider, has executed definitive agreements for the acquisition of a 76% stake in Renom Energy Services Private Limited (“Renom”), in two tranches, from the Sanjay Ghodawat Group (SGG). Renom is the largest Multi Brand Operations and Maintenance service (“MBOMS”) provider in the country with assets of 1,782 MW […] Read more
The Top 5 Advancements in Technology Propelling the Solar Revolution Updated On Wed, Aug 7th, 2024 by Saurenergy The solar industry is shining brighter than ever in 2024, thanks to advancements in solar technology in recent times. The past year has seen an incredible surge in solar power installations, taking the world’s total installed capacity to an impressive 1.6 TWdc. China is responsible for about 60 percent of these new installations, leading the […] Read more
After RE-Rich States, UP Emerges As The New Solar Park Hub Updated On Tue, Aug 6th, 2024 by Saurenergy Union Minister of State (MoS) for New and Renewable Energy and Power Shripad Yesso Naik recently updated Parliament on the state-wise penetration of solar parks across the country. The data shared by the minister detailed solar park projects developed in 13 states. An analysis of the data revealed that after the high penetration of solar […] Read more
News Briefs Aug 6-Nextracker Acquires Ojjio, BrightNight Raises $440 Million, Marinus Link Updated On Tue, Aug 6th, 2024 by Saurenergy Nextracker Acquires PV Foundation Maker Solar Pile International US based PV tracker major Nextracker has acquired US-based solar PV foundations supplier Solar Pile International (SPI) for US$48 million. This is Nextracker’s second acquisition of a solar foundation maker after Ojjio that was closed in June this year for $120 million. Announcing the acquisition during Nextracker’s […] Read more
SECI Issued 8.4 GW Green Project Tenders In 2023-24: Data Updated On Tue, Aug 6th, 2024 by Saurenergy The Solar Energy Corporation of India Limited (SECI) in its recent statement said that it has been able to issue renewable energy tenders of upto 8440 MW in 2023-24. The central tendering authority recently talked about its annual performance in the last fiscal year. It also declared financial results of the company. “In FY24, SECI […] Read more
IITM Research Park Launches 1MWh Battery Storage System Updated On Mon, Aug 5th, 2024 by Saurenergy On August 5, 2024, the Indian Institute of Technology Madras (IITM) research park launched the first-of-its-kind large-scale 1MWh lithium-ion battery storage system. The launch was done in the presence of Michelle Lujan Grisham, Governor of New Mexico. The storage system, designed and developed by the Center for Excellence in Energy & Telecommunications (CEET) is part […] Read more
With A Focus On Gujarat, BHEL Executes 1155 MW Solar Projects Updated On Mon, Aug 5th, 2024 by Saurenergy Shripada Yesso Naik, Minister of State (MoS) for the Ministry of New and Renewable Energy (MNRE) said that BHEL (Bharat Heavy Electricals Limited) has executed solar energy projects of up to 1,155 MW. The minister shared the figures in his recent statements before the Lok Sabha. As per the information shared by the minister, the […] Read more
Saatvik Solar Appoints Abani Kant Jha As CFO Updated On Mon, Aug 5th, 2024 by Saurenergy Saatvik Solar, a leading solar PV module manufacturer in India, has appointed Abani Kant Jha as its new Chief Financial Officer (CFO). With over 25 years of extensive experience across diverse industries, Jha brings his expertise to bolster Saatvik Solar’s financial leadership and drive its ambitious growth plans. An engineer by training, Jha’s versatile career […] Read more
J&K: 100 Tribal Villages to Achieve Self-Sufficiency with RE Updated On Mon, Aug 5th, 2024 by Saurenergy In a bid to push renewable energy in the rural parts of Jammu and Kashmir, the state government has decided to provide 100% green energy to 100 tribal villages. The local administration recently held a meeting in this regard to identify these 100 tribal villages in the region. The initiative is a part of the […] Read more
