RE Leader Suzlon Energy Sells Solar Subsidiary Vayudoot Solarfarms Updated On Tue, Dec 6th, 2022 by Saurenergy Suzlon Energy, a manufacturer of wind turbines, approved the sale of its remaining 51.05% ownership interest in the subsidiary Vayudoot Solarfarms to Ahmedabad-based Aries Renewables, the firm reported in a National Stock Exchange filing. For a price of Rs 14.23 crore, Suzlon sold the remaining stake. The company’s net worth was Rs. 24.2 crore, and […] Read more
Germany Looks to Fund India’s Energy Transition Projects with €1 billion Updated On Fri, Dec 2nd, 2022 by Saurenergy Germany has proposed to fund India’s energy transition projects with €1 billion. The projects are to be executed all over the country under a bilateral partnership between the two countries on green and sustainable development. As per discussions held between India and Germany, the funding will pave the way for over 20 projects spread over […] Read more
Solar Establishes Itself in 2022 in India With Growth, Highest Generation Share Among Renewables Updated On Fri, Dec 2nd, 2022 by Saurenergy The share of solar power is finally making a significant impact on total generation numbers, as October data from the Central Electricity Authority indicates. From a total installed capacity share of over 15% (61+ GW out of 408 GW of total installed capacity in India), in October, solar’s share in actual generation numbers also hit […] Read more
Meta & D. E. Shaw Renewable Sign 200 MW Clean Power Project in Arkansas Updated On Thu, Dec 1st, 2022 by Saurenergy The signing of a long-term renewable energy offtake deal with Meta was recently announced by D. E. Shaw Renewable Investments (DESRI), a significant U.S. producer of renewable energy. To come up in Phillips County, Arkansas, the Long Lake Project (also known as Long Lake) will be a 200 MWac project. To meet the region’s expanding […] Read more
Volkswagen’s Aurangabad Factory Adopts 100% Renewable Electricity Updated On Wed, Nov 30th, 2022 by Saurenergy By 2025, German motor vehicle manufacturer, the Volkswagen Group, hoped to have used only green energy (100% Renewable Electricity) at its Aurangabad site. Three years earlier than anticipated, the German automotive giant has already used only renewable energy at its Aurangabad production facility. In 2018, Skoda Auto Volkswagen India Private Limited (SAVWIPL) ordered the installation […] Read more
NTPC Floats Tender for Supply of Battery Energy Storage System at Khavda RE Park Updated On Tue, Nov 29th, 2022 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has invited online bids from eligible bidders on a Single Stage Two Envelope basis for a battery energy storage system (BESS) for solar PV-based construction power at NTPC Renewables Khavda RE park, Rann of Kutch, Gujarat. The last date for submitting the bid of this NTPC BOS tender is […] Read more
Renewable Power Capital, Eelpower Form JV for 1 GW Storage In UK Updated On Mon, Nov 28th, 2022 by Saurenergy Renewable Power Capital (RPC), a pan-European renewable energy investment platform backed by CPP Investments, has announced that it has entered into the battery storage market in Great Britain, in partnership with Eelpower, the UK specialist battery storage company. The official statement by RPC held that the new joint venture will acquire, build and operate utility-scale […] Read more
Google, Microsoft Sign New Pacts to Employ Renewables in Data Centres Updated On Mon, Nov 28th, 2022 by Saurenergy IT conglomerates Google and Microsoft are increasingly opting for ways to decarbonise their businesses and help timely transition to green and clean energy. In a fresh development, both the companies have announced the signing of new agreements that will help them lower carbon footprint of their IT operations by the employment of renewable energy in […] Read more
Actis’ BluPine Energy Buys 404 MW of Solar Power Assets from Atha Updated On Fri, Nov 25th, 2022 by Saurenergy Delhi-based renewable energy and storage solution provider company, that is 100% backed by global investment firm Actis Llp, BluPine Energy has purchased 404 MW of solar power assets from Atha Group, a private equity corporation headquartered in London. The enterprise value of the solar assets owned by Atha in this transaction is close to Rs. […] Read more
