Total Invests Rs 3,707 Cr to Form 50:50 JV with Adani Green Energy Updated On Tue, Apr 7th, 2020 by Saurenergy French multinational energy company Total S.A. (Total) has invested about Rs 3,707 crore, through its step-down subsidiary, to form 50:50 joint venture (JV) with Adani Green Energy Ltd (AGEL), the renewable energy arm of conglomerate Adani Group. The move came after the regulatory body – the Competition Commission of India (CCI) — has provided its […] Read more
Germany’s Senvion to Sell its Indian Wind Turbine Manufacturing Entity Updated On Tue, Apr 7th, 2020 by Saurenergy Germany-based one of the world’s leading wind turbine makers Senvion GmbH is selling its fully operational wind turbine manufacturing entity in India to an undisclosed investor. The company, which is a specialist in the offshore business, has entered into a binding agreement with a strategic investor to sell and transfer full ownership of Senvion India. […] Read more
Tata Power’s Renewable Arm Wins 300 MW Solar Project from NTPC Updated On Tue, Apr 7th, 2020 by Saurenergy Tata Power Solar, the renewable arm of utility giant Tata Power, has received a Letter of Award (LoA) from NTPC to develop 300 MW grid-connected solar project under CPSU Scheme Phase-II. Bangalore-headquartered Tata Power Solar has won this solar photovoltaic (PV) project under the reverse bidding auction held in February at an all-inclusive price of Rs 1,730.16 […] Read more
Renewables Account for Almost Three Quarters of New Capacity in 2019 Updated On Mon, Apr 6th, 2020 by Saurenergy The renewable energy sector added 176 GW of generating capacity globally in 2019, which is marginally lower than 179 GW added in the previous year. According to data released by the International Renewable Energy Agency (IRENA), new renewable power accounted for 72 per cent of all power expansion last year. IRENA’s Renewable Capacity Statistics 2020 shows that […] Read more
CCI Approves JV Between Adani Green Energy and Total SA Updated On Fri, Apr 3rd, 2020 by Saurenergy Fair trade regulator CCI has notified that it has approved the formation of the JV between Adani Green Energy Ltd and Total S.A. Fair trade regulator CCI has notified that it has approved the formation of the joint venture (JV) between Adani Green Energy Ltd (AGEL) and Total S.A. As per a combination notice filed with the […] Read more
Key to Unlocking Immense Potential of India’s Wind Energy: GWEC Updated On Mon, Mar 30th, 2020 by Saurenergy As one of the largest onshore wind markets in the world in installation terms, India is also a primary market for supply, trade and investment opportunities In the global energy transition, India is one of the keystone countries for clean energy growth, coal phaseout and mobilisation of investment to power a low-carbon economy. As one […] Read more
NTPC, SECI to Set Up 10GW Renewable Energy Parks in Rajasthan Updated On Sat, Mar 28th, 2020 by Saurenergy With an aim to achieve the target of 175 GW of renewable energy by 2022, the government has ramped up its process of tendering of renewable energy projects across the country. In line with this, India’s largest power generation utility NTPC and state-owned Solar Energy Corporation of India (SECI) will soon be signing an agreement with […] Read more
India a Potential Market for Solar Process Heat: Solar Payback Updated On Fri, Mar 27th, 2020 by Saurenergy India is having a huge potential market for solar process heat which is yet to be tapped, as revealed by the recently completed three-year Solar Payback study. This 3-year international ‘Solar Payback’ study project was kick-started in January 2017 in India, with an aim to increase the use of solar heat for industrial processes (SHIP), […] Read more
Wind Project Installations in India Deflating: GWEC Report Updated On Fri, Mar 27th, 2020 by Saurenergy Wind project installations in India are deflating with only 2.4 GW installed in 2019, nearly half of the 4.1 GW installed in 2017, according to a new report Wind project installations in India are deflating with only 2.4 gigawatts (GW) of wind capacity installed in 2019 – nearly half of the 4.1 GW installed in […] Read more
