News In Brief Nov 21: ADB, Solomon Islands & Tonga Sign Agreements, Scatec, Biden-Harris Administration Awards Updated On Thu, Nov 21st, 2024 by Saurenergy ADB, Solomon Islands, Tonga Sign Agreements for Sustainable Energy Transition Projects at COP29 The Asian Development Bank (ADB) and the governments of Solomon Islands and Tonga have signed grant and loan agreements for energy projects on the sidelines of COP29. The ADB-supported projects will help the Pacific countries to transition from dependency on diesel fuel […] Read more
Kerala Plans To Solarise Healthcare Facilities To Boost Efficiency Updated On Thu, Nov 21st, 2024 by Saurenergy The Agency For New and Renewable Energy Research & Technology (ANERT) has planned to solarise Kerala University of Health Sciences (KUHS). The institute campus is spread over a large area, favourable for solar projects. ANERT has planned to use several ways to bolster the growth of solar in the institute. ANERT has now also issued […] Read more
Delhi Launches Solar Portal To Expedite Growth Of Rooftop Solar Updated On Thu, Nov 21st, 2024 by Saurenergy The Delhi government recently launched a new solar portal to make the process of rooftop solar application hassle-free. The government said that the portal will serve as a one-stop platform for consumers interested in availing the benefits of Delhi’s Solar Energy Policy. The policy offers a range of incentives that, according to the government, provide […] Read more
Hyundai Motor, Fourth Partner Collaborate For 118 MW RE Project Updated On Thu, Nov 21st, 2024 by Saurenergy Fourth Partner Energy Private Limited (FPEL), through its Special Purpose Vehicle (SPV), FPEL Tamil Nadu (TN) Wind Farm Private Limited, recently signed Power Purchase Agreements (PPA)s with Hyundai Motors for both wind and solar power. FPEL TN Wind Farm Private Limited, an SPV created by the Telangana-based Fourth Partner Energy, aims to enhance the company’s […] Read more
The Top 5 Largest Solar Projects In South East Asia Updated On Thu, Nov 21st, 2024 by Saurenergy The Association of Southeast Asian Nations (ASEAN) stands out as a hub of economic growth, with energy demand surging to keep pace. While global energy demand rose by 16 percent between 2015 and 2021, ASEAN nations experienced a sharper 22 percent rise during the same period. The region’s renewable energy landscape is transforming, led by […] Read more
India’s Rooftop Solar Capacity Crossed 14 GW, Guj Remains Leader Updated On Wed, Nov 20th, 2024 by Saurenergy India’s rooftop solar capacity has touched 14.44 GW by the end of October 2024. The latest data from the Ministry of New and Renewable Energy (MNRE) indicate the growth of the sector. This comes after MNRE’s flagship scheme-PM Surya Ghar was launched, earlier this year. The new scheme aims at boosting the growth of residential […] Read more
Datta Infra To Invest ₹5000cr In Rajasthan’s RE Sector, Signs MoU Updated On Wed, Nov 20th, 2024 by Saurenergy Datta Power Infra has now signed a Memorandum of Understanding (MoU) with the Rajasthan government. The MoU envisages an investment of ₹5,000 crore in the state’s renewable energy sector. The investment aims to transform Rajasthan into a key hub for renewable energy. The firm plans to do this by boosting solar, wind, and hybrid power […] Read more
India’s RE Installations To Surpass 35 GW/Year By FY27: CareEdge Updated On Wed, Nov 20th, 2024 by Saurenergy The annual renewable energy (RE) installations in India are likely to surpass 35 gigawatts (GW) over the next two years, the latest report from CareEdge Ratings said. The agency said that it was primarily supported by a healthy pipeline of more than 100 gigawatts (GW), CareEdge Ratings says that the accelerated growth in the RE […] Read more
Q2 Results: ReNew Reports 31% Increase In Net Profits Updated On Wed, Nov 20th, 2024 by Saurenergy Renewable energy company ReNew Power today announced its consolidated quarterly (Q2) financial results for the three months ending September 30, 2024. The company reported a 31 percent growth in its Profit After Tax (PAT) vis a vis the same period last year. Whereas, ReNew’s total income/ total revenue for Q2 FY25 was Rs. 29,887 million […] Read more
