Prozeal, Golyan Power Sign JV Pact For Solar Projects In Nepal Updated On Fri, Sep 6th, 2024 by Saurenergy Ahmedabad-based renewable energy company Prozeal Green Energy Limited, and Golyan Power Limited, a corporate group in Nepal, have signed a joint venture agreement for setting up solar power projects in the Himalayan nation. The JV aims to establish over 500 MW of rooftop and ground-mounted PV solar plants in the next 18 months across multiple […] Read more
415 GW and Beyond: Role of Solar Energy in Meeting Global 2030 Climate Goals Updated On Thu, Sep 5th, 2024 by Saurenergy The urgency for a global shift towards sustainable development, primarily driven by renewable energy, is undeniable. Both developed and developing economies have embraced the need to limit the increase in global temperatures, as agreed in the Paris Agreement (COP21). This agreement set ambitious goals for nations to work towards keeping the global temperature increase to […] Read more
Borosil Renewable In Deal With Clean Max For Green Energy Updated On Thu, Sep 5th, 2024 by Saurenergy Indian solar glass manufacturer Borosil Renewable has announced acquiring 49 percent stake in Clean Max Prithvi Pvt Ltd (CMPPL) and Clean Max Enviro Energy Solutions Pvt Ltd. The Mumbai-based company in its recent filing before the Bombay Stok Exchange (BSE) said. Indian open access law requires offtakers to acquire proportionate stakes in firms supplying green […] Read more
UK Announces 9.6 GW of Renewable Awards In Sixth CfD Auction Updated On Thu, Sep 5th, 2024 by Saurenergy The much awaited renewable awards with contract for difference have been announced finally. The results were awaited eagerly following the abject failure of the last offer, and was considered particularly vital for the offshore wind industry after a string of bad news, including cancellation of awarded projects elsewhere in Europe. With £1.56 billion allocated to […] Read more
India’s Renewable Generation Surges By 5.5% In 4 Months Of FY25 Updated On Wed, Sep 4th, 2024 by Saurenergy India’s renewable energy generation has surged by 5.5 percent in the initial four months of fiscal year 2024-25. The latest data released by the Central Electricity Authority (CEA) indicated that solar and wind power generations have shown good progressive signs in actual generation. The latest renewable generation report of the CEA said that India generated […] Read more
Oriana Power Secures 52 MW Solar Projects From BPCL Updated On Tue, Sep 3rd, 2024 by Saurenergy Oriana Power Limited announced a new order for a 52 MW solar project worth Rs. 247.88 crore from Bharat Petroleum Corporation Limited (BPSCL). As per the new order, Oriana Power will execute a ground-mounted solar power project with a total capacity of 52 MW. The project will be carried out under the EPC (Engineering, Procurement, […] Read more
L&T Carves Out Renewable Energy Vertical In Its Infrastructure Segment Updated On Mon, Sep 2nd, 2024 by Saurenergy Effective from 1st September 2024, Larsen & Toubro (L&T) carved out a separate business vertical for renewable EPC out of its Power Transmission and Distribution (PT&D) business, within its Infrastructure Projects segment. L&T has created the Renewable EPC business, as an addition to its construction verticals. The move comes at a time when the division […] Read more
Renewables Contribute Only 4% To NTPC’s Turnover in FY24 Updated On Mon, Sep 2nd, 2024 by Saurenergy According to the latest numbers from India’s power giant NTPC, renewable energy assets contribute a mere 1.23% to the company’s turnover. When hydro projects are included, this figure increases to just 4%. NTPC Limited’s Business Responsibility and Sustainability Report indicates that power generation accounts for 94.19% of the company’s total turnover. The report reveals that […] Read more
SunSource Energy Commissions 21 MWp Solar Project In Tamil Nadu Updated On Thu, Aug 29th, 2024 by Saurenergy SunSource Energy, a solar energy solutions provider and a subsidiary of SHV Energy, a 127-year-old Dutch Multinational, commissioned a 21 MWp solar power plant in Ramanathapuram in Tamil Nadu. This project, spanning 50 acres, marks SunSource Energy’s foray into the state. SunSource Energy has already tied up with leading Commercial and Industrial (C&I) businesses for […] Read more
