India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market Updated On Mon, Feb 13th, 2023 by Saurenergy The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […] Read more
SJVN Mulls Building 700 MW Solar Power Plant in Kanpur Updated On Thu, Feb 9th, 2023 by Saurenergy State-owned Satluj Jal Vidyut Nigam (SJVN) is mulling over the development of a 700 MW solar power project in Uttar Pradesh’s Kanpur town. According to reports, SJVN has inked a new Memorandum of Understanding (MoU) with the Uttar Pradesh State Industrial Development Authority (UPSIDA) where it will be investing approximately Rs 3400 crore in the […] Read more
Amplus Solar Bags 56 MW Solar Plant Contract from JK Lakshmi Cement Updated On Thu, Feb 9th, 2023 by Saurenergy The cement industry is a major carbon emitter and employing renewable sources of energy could help them curb produce green electricity and control carbon footprint. Cement firms have begun to take note of this all and taking initiatives in this direction. Cement major JK Lakshmi Cement is the latest firm headed towards renewables. The firm […] Read more
EU Awards €5.3 Million To REGACE Project For Agrivoltaics Solutions Updated On Wed, Feb 8th, 2023 by Saurenergy The European Union (EU) has awarded €5.3 million to the REGACE Consortium to develop and demonstrate an innovative agrivoltaics technology by using CO2 enrichment to increase electricity yields. The grant has been made through the Horizon Europe Research and Innovation Programme of EU. The REGACE Consortium is composed of 12 partners from five countries. The […] Read more
TotalEnergies Mulls Over 1 GW Of Solar Power Development in 2023 Updated On Tue, Feb 7th, 2023 by Saurenergy French RE major TotalEnergies will be developing 1 GW of solar power in 2023 as the company has announced that it has reached a new milestone with the signature of 1 GW of green Power Purchase Agreements (PPAs) for self-consumption on the sites of its B2B customers. TotalEnergies calls this performance the result of a […] Read more
GUVNL Issues Tender For 500 MW Solar Power Projects Updated On Tue, Feb 7th, 2023 by Saurenergy Gujarat Urja Vikas Nigam Ltd. (GUVNL) has issued tender inviting bids for purchase of power through competitive bidding process [followed by reverse e-auction] from 500 MW grid connected solar photovoltaic power projects (Phase XIX) to be set up anywhere in India with greenshoe option of additional upto 500 MW. GUVNL tender puts the last date […] Read more
Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023 Updated On Sun, Feb 5th, 2023 by Saurenergy Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more
ENERCON, Enerjisa Üretim to Install 1000 MW Onshore Wind in Turkey Updated On Thu, Feb 2nd, 2023 by Saurenergy Wind energy player ENERCON has announced that it has joined forces with Enerjisa Üretim, a joint venture of the E.ON – SABANCI Holding, which delves in energy generation, for the implement the YEKA RES 2 wind energy project in Turkey. ENERCRON said that the tender will play a major role in increasing the clean energy […] Read more
