90% Surge In Installations After Green Energy Open Access: IEEFA Updated On Wed, Dec 11th, 2024 by Saurenergy A new report claims that regulatory clarity on green energy open access led to an upsurge in annual renewable energy installations. The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics prepared the report. The report said that the Green Energy Open Access Rules (GEOA) 2022 aided in creating new installation […] Read more
Continuum Green Energy IPO Bound, To Raise Rs 3650 cr Updated On Tue, Dec 10th, 2024 by Saurenergy Mumbai Headquartered Continuum Green Energy Limited has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). The green energy developer is backed by Just Climate and Morgan Stanley Infrastructure Partners. Continuum Green Energy primarily focuses on supplying green power […] Read more
Serentica Plans 10 GW Of Renewable Projects In Rajasthan Updated On Fri, Dec 6th, 2024 by Saurenergy Indian renewable energy company Serentica Renewables plans to announce a ₹50,000 crore investment to develop 10 GW of renewable energy capacity in Rajasthan. This announcement is expected with Serentica’s participation in Rising Rajasthan 2024, an event highlighting the state’s growth potential and investment opportunities. With this investment, Serentica aims to progress Rajasthan’s transition to clean […] Read more
Can New Wind Energy Projects Transform Odisha’s RE Portfolio? Updated On Fri, Dec 6th, 2024 by Saurenergy Odisha, traditionally considered one of India’s less developed states in renewable energy, is now poised to emerge as a key player in wind energy. Despite currently having no wind energy capacity, the coastal state is attracting interest from wind energy companies, signaling a shift in its renewable energy landscape. At present, wind energy is concentrated […] Read more
5 Reasons Why Lower Renewable Energy Prices Are Unlikely To Lead to Lower Electricity Bills Updated On Thu, Dec 5th, 2024 by Saurenergy For the lay reader, it has been a mystery how despite headline news of renewable bids being awarded at figures like Rs 2.50/kW to Rs 3.00, their final power bill seems to be on an inexorable climb upwards. This is despite the fact the RE power itself was priced at a huge premium as recently […] Read more
O2 Power Signs PPA With Railways To Supply Renewable Power Updated On Mon, Dec 2nd, 2024 by Saurenergy Indian renewable energy company O2 Power has signed a Power Purchase Agreement (PPA) with East Central Railway (ECR) to supply renewable power. The energy will be sourced from O2 Power’s 360 MW installed capacity spanning Rajasthan, Gujarat, and Karnataka. This aligns with Indian Railways’ efforts to achieve net-zero emissions. Indian Railways has planned to go net-zero […] Read more
Melwyn Moses Joins Borosil Renewables As CEO (Managerial) Updated On Fri, Nov 29th, 2024 by Saurenergy Borosil Renewable recently appointed Melwyn Moses as its new Chief Executive Officer (Key Managerial Personnel). He has a career spanning nearly three decades. He brings expertise in manufacturing transformation, supply chain optimization, strategic investment planning, and operational excellence. Having served in key global leadership roles, he has successfully managed operations across 31 manufacturing sites and […] Read more
5 PPA Models Shaping Renewable Energy Procurement in US & Europe Updated On Wed, Nov 27th, 2024 by Saurenergy As renewable energy becomes a larger part of power grids across the globe, challenges like negative prices and reduced value for standalone profiles, particularly solar, are emerging, particularly in developed power markets. Market participants generally agree that the risk of negative prices will likely get worse before it improves. Innovative Power Purchase Agreements, or PPA […] Read more
RE100 Firms Added 57 GW Of Renewable Power, Says BNEF Report Updated On Tue, Nov 26th, 2024 by Saurenergy A latest report from Bloomberg New Energy Finance (BNEF) has shed light on the transition of clean energy corporations. The report said that clean energy corporations have undergone a significant transition in the Asia-Pacific (APAC). It said that the transition was more significant over the last two decades. The research agency said that these corporations […] Read more
