Plaksha University Launches Clean Energy Research Center – Indorama Updated On Tue, Feb 20th, 2024 by Saurenergy Plaksha University, a tech university today announced the launch of Indorama Ventures Center for Clean Energy. The center claims to reimagine technology education and research in India with technology programs. Today’s announcement announced the launch of one of the first research centers at Plaksha University to lead a clean energy transition through education and research. […] Read more
Sembcorp RE Acquisition In China, India Rose By 42% YoY In 2023 Updated On Tue, Feb 20th, 2024 by Saurenergy Singapore-based Sembcorp Industries (Sembcorp) recently posted a strong performance for the year of 2023 (FY2023). They recently announced that they made a turnover of S$7.0 billion compared to S$7.8 billion in FY2022. Sembcorp said, “The group net profit before exceptional items (EI) grew 38% year-on-year to S$1.0 billion from S$739 million in FY2022, with higher […] Read more
IREDA, PNB Collaborate To Co-Finance Green Energy Projects In India Updated On Mon, Feb 19th, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) and Punjab National Bank (PNB) have joined hands through the signing of a Memorandum of Understanding (MoU). This collaboration aimed at advancing renewable energy initiatives across the nation. The agreement, signed at IREDA’s registered office in New Delhi today, paves the way for joint efforts in co-lending and […] Read more
Singapore-based Sembcorp Industries Acquires 228 MW Wind Assets In India Updated On Mon, Feb 19th, 2024 by Saurenergy Singapore-based renewable energy company Sembcorp Industries (Sembcorp) has announced that it has, through its wholly-owned subsidiary Green Infra Wind Energy Limited completed the acquisition of 100% of the share capital in two special purpose vehicles (SPVs) of Leap Green Energy Private Limited. The SPVs own 228MW of operational wind assets in Madhya Pradesh, Maharashtra, and […] Read more
NLC India Begins Construction Of 300 MW Solar Power Project In Rajasthan Updated On Fri, Feb 16th, 2024 by Saurenergy NLC India Limited, a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Coal, recently began constructing a 300 MW solar power project at Barsingsar in the Bikaner district of Rajasthan. This project forms part of the Ministry of New & Renewable Energy’s Central Public Sector Enterprise (CPSE) Scheme. This project aims to ensure […] Read more
India’s Total Solar Energy Capacity Crosses 74 GW: CEA Data Updated On Fri, Feb 16th, 2024 by Saurenergy The latest data from the Central Electricity Authority (CEA) revealed that India’s total solar capacity has surpassed 74 GW. The revelation was made in the CEA’s recent monthly installed capacity report. The CEA report said that by the end of January 2024, India’s total solar energy capacity reached 74.306 GW. Similarly, the country’s total wind […] Read more
India Inches Closer To IEA Full Membership: Report Updated On Fri, Feb 16th, 2024 by Saurenergy India, which first joined the International Energy Agency (IEA) family as an association country in 2017, is set to become its full-time member. Ministers from the International Energy Agency’s member countries recently announced their plans to start discussions with India on the Indian government’s request to become a full IEA member, recognising the country’s strategic […] Read more
Waaree Renewable Technologies Expects A Likely Rise Of Orders From PSUs Updated On Thu, Feb 15th, 2024 by Saurenergy Waaree Group’s EPC arm, Waaree Renewable Technologies Limited, is now anticipating a rise in opportunities for solar developers in India in the coming days. This is likely to see a transition of the order books of the developers, the top management opined in a recent investors call. Dilip Panjwani, Chief Financial Officer (CFO) of Waaree […] Read more
Selling Solar To India: The 5 Challenges To Overcome Updated On Thu, Feb 15th, 2024 by Saurenergy The solar industry in India is at the cusp of transformation and the statistics show this. The installed solar energy capacity in the country has increased by 30 times in the last 9 years. As of December 2023, it stands at 73.31 GW, making it one of the most viable renewable energy sources to tap. […] Read more
