HyperSolar Accelerates Production of Renewable Solar Hydrogen Panels With new Tie-up Updated On Tue, Apr 14th, 2020 by Saurenergy HyperSolar is working with Suzhou GH to make the final modifications to the solar cells required to manufacture the Gen 1 hydrogen production panels HyperSolar Inc, the developer of a breakthrough technology to produce renewable hydrogen using sunlight and water, has announced that it is working with Suzhou GH New Energy, a division of GCL […] Read more
Adani Green Energy Generation Capacity Rises to 2.5 GW in FY20 Updated On Sat, Apr 11th, 2020 by Saurenergy Adani Green Energy has announced that its power generation capacity saw a 30 percent rise, climbing up to 2,545 MW in FY 2019-20. Clean energy firm Adani Green Energy Ltd (AGEL) has announced that its power generation capacity saw a 30 percent rise, climbing up to 2,545 MW in FY 2019-20, while total electricity supplies jumped 14.5 percent […] Read more
REC Board Approves Incorporation of 7 SPVs for Evacuating Renewable Energy Updated On Thu, Apr 9th, 2020 by Saurenergy The board members of India’s power sector lender REC Ltd have provided their consent for a proposal to incorporate 7 project-specific special purpose vehicles (SPVs). These SPVs will facilitate the evacuation of renewable energy from Maharashtra, Madhya Pradesh, Karnataka and Rajasthan. REC said that “The board of directors of REC Ltd in its meeting held on March 25, 2020, inter-alia […] Read more
Indian IPP Renew Power Commits Rs 20 Cr in Fight against Coronavirus Updated On Wed, Apr 8th, 2020 by Saurenergy ReNew Power, country’s largest renewable energy Independent Power Producer (IPP), on Wednesday said that it will support in India’s fight against the global pandemic. The Gurugram-headquartered company assured that it will contribute to the Central and State governments’ efforts to combat the coronavirus (COVID-19) pandemic in the country. Initially, the company has committed Rs 20 […] Read more
The WoodMac Weekly Global Energy Round Up Updated On Wed, Apr 8th, 2020 by Saurenergy Wood Mackenzie, the global research and analysis form, has come out with the first of its planned weekly roundups of the impact of the Coronavirus pandemic across the world, especially on global energy markets. With a focus on renewables, EV’s and energy storage, the round up will seek to bring you a snapshot of the […] Read more
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
