Southeast Asia’s RE Firm ACEN to Add 700 MW Solar & Wind Energy in 2023 Updated On Wed, Jan 4th, 2023 by Saurenergy Just as the Philippines is aiming to raise the share of renewable energy in the country’s energy mix to 35% by the end of this decade and 50% by 2040, its renewable energy conglomerate ACEN Corporation is looking to operationalise 700 MW of solar and wind energy projects in 2023. ACEN is the energy platform […] Read more
Shriram Group Entity Orient Green Set for Hybrid Green Energy Expansion Updated On Tue, Jan 3rd, 2023 by Saurenergy Among the largest Independent Power Producers of renewable power in India, an entity of the Shriram Group, Orient Green Power has shared its ambitions for expansion of assets in the renewable energy space. The firm has further added that is exploring the possibility of growth in international markets as well. At present, the firm has […] Read more
Welspun India Takes 26% Stake in Clean Max Thanos for Renewable Energy Updated On Tue, Jan 3rd, 2023 by Saurenergy Welspun India Limited has announced that the firm has acquired 26 per cent stake in Clean Max Thanos (CTPL) in order to obtain renewable energy under a captive structure. Welspun said that the acquisition would cost the firm Rs 3.80 crore. Welspun India said in an exchange filing that the textile major has entered into […] Read more
Adani Electricity Mumbai (AEML) Tender for 1500 MW Renewable Energy Updated On Tue, Jan 3rd, 2023 by Saurenergy In order to double its renewable share in the present offering to consumers, Adani Electricity Mumbai Limited (AEML) – a DISCOM under Adani Group – has issued a tender for the purchase of 1500 MW of power from grid connected renewable energy plants. Of this, 750 MW will be under greenshoe option. The AEML notification […] Read more
Haryana (HERC) Amends Renewable Purchase Obligation Policy, Adds Wind Updated On Tue, Jan 3rd, 2023 by Saurenergy Haryana has made the renewable purchase obligation (RPO) system more dynamic and eased the liability of stakeholders as it has included wind energy within the ambit of RPO. In an important development, the Haryana Electricity Regulatory Commission (HERC) has amended the policy on RPO by including wind energy and aligning solar energy to the other […] Read more
Turkey Imposes Regulation on Buildings to Meet 5% Energy Needs from RE Updated On Tue, Jan 3rd, 2023 by Saurenergy The world is ramping up energy efficiency efforts by establishing new building codes. Recently, India also set up new norms, including for residential buildings, under the ambit of Energy Conservation (Amendment) Bill 2022. In its bid towards decarbonization, Japan has also mandated the installation of solar panels for new homes post 2025. Now, Turkey has […] Read more
Torrent Power Mulls Over Buying 1.1 GW Clean Energy from ReNew Energy Global Updated On Mon, Jan 2nd, 2023 by Saurenergy Ahmedabad-based Torrent Power, that looks into the generation, transmission and distribution of power, is in the midst of discussions with ReNew Energy Global Plc for the purchase of clean power projects, the capacity of which will stand at 1.1 GW. Sources have revealed that the deal is valued at $1.2 billion. ReNew Energy Global Plc […] Read more
JBS is World’s First Food Company to Issue International Renewable Energy Certificates Updated On Mon, Jan 2nd, 2023 by Saurenergy Sao Paulo, Brazil based JBS, has announced that it has become the first in the food sector to have an enterprise qualified to issue International Renewable Energy Certificates (International REC Standard / I-REC). The certification proves that the generation of electricity comes from renewable and environmentally responsible sources. JBS S.A. is a Brazilian multinational company, […] Read more
The Power Ministry Report Card For 2022- Renewables Push, Reforms Lead Agenda Updated On Mon, Jan 2nd, 2023 by Saurenergy When it comes to energy and its countrywide distribution, the Power ministry is the responsible limb of the government. We look at the growth of clean energy and its distribution in India, while also assessing the various measures taken to promote clean energy in the seventh-largest country in the world. India is the world’s third […] Read more