Power Ministry Notifies New Amendments To Green Energy Open Access Rules Updated On Wed, May 24th, 2023 by Saurenergy The Ministry of Power has notified the second amendment to the Green Energy Open Access Rules 2022. The new notified rules envisage to amend three provisions of the original rules, published by the ministry in June, last year. The new notified rules have been named Electricity (Promoting Renewable Energy Through Green Energy Open Access) (Second […] Read more
MNRE, States Discuss Ways To Achieve 500 GW Renewable Target Updated On Wed, May 24th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) discussed with different states in the national capital to review the progress of various renewable energy programmes in the country. In its brainstorming session, the ministry told the states that India had already achieved 172 Gigawatt (GW) of renewable energy while works are in different stages to […] Read more
JSW Energy Reports 32% Surge In Renewable Generation in Q4 Updated On Wed, May 24th, 2023 by Saurenergy JSW Energy Limited yesterday announced its Q4 Financial Results. The Indian private power producer said that its net renewable generation increased 32 percent on Year-on-Year (YoY) basis. In addition, it said that the commissioning of 225 Megawatts (MW) of the Vijayanagar solar power plant helped increase its clean energy generation. The firm said earnings before […] Read more
Scout Clean Energy Sells 199 MW Oklahoma Wind Farm to Evergy Updated On Tue, May 23rd, 2023 by Saurenergy Colorado-based renewable energy developer-owner-operator Scout Clean Energy has announced that it, along with its joint venture partner Elawan Energy sold the 199-megawatt (MW) Persimmon Creek Wind Farm to Evergy Inc. The wind energy farm lies in western Oklahoma. Michael Rucker, CEO and founder of Scout Clean Energy, said, “The Persimmon Creek Wind Farm has proven […] Read more
Waaree Renewables Doubles Q4 Net Profit; FY23 Net Profit Fivefold Updated On Tue, May 23rd, 2023 by Saurenergy Waaree Renewables Technology Ltd (WRTL) has announced its financial results for the last quarter and full year FY-2023. The company declared a consolidated net profit of Rs 12.3 crore in the March 2023 quarter marking an 81% increase year-on-year. Waaree also reported a revenue of Rs 351 crore in the full financial year 2023, which […] Read more
Spain Allows TotalEnergies To Develop 3-GW Solar Projects Updated On Mon, May 22nd, 2023 by Saurenergy The route for French energy conglomerate TotalEnergies to develop 3-GW of solar power projects has been smoothened in Spain. As per its announcement, TotalEnergies has obtained from the Spanish authorities (Ministry of Energy Transition and Autonomous Communities) a favourable Environmental Impact Assessment for an estimated 3 GW of installed capacity. Large-Scale Solar Projects This favourable […] Read more
Badeel, ACWA Power To Invest Over $3 billion For 4.5 GW Solar Projects In Saudi Arabia Updated On Mon, May 22nd, 2023 by Saurenergy Providing thrust to the new wave of solar power development in Saudi Arabia, the Water and Electricity Holding Company (Badeel) and ACWA Power have signed Power Purchase Agreements (PPAs) with the Saudi Power Procurement Company (SPPC) for the development and operation of three major new solar IPP projects. Badeel is fully owned by the Public […] Read more
ACWA to Invest $120 Million in Uzbekistan Renewables Afresh Updated On Sun, May 21st, 2023 by Saurenergy Saudi Arabia’s ace renewable energy developer ACWA Power has inked two key agreements at the EBRD 2023 Annual Meeting and Business Forum in Samarkand to advance Uzbekistan’s target to decarbonise 35% of its energy sector by 2030. In the first set of agreements with the chemicals company, Uzkimyosanoat of Uzbekistan, ACWA Power will decarbonise the […] Read more
Masdar Doubles Clean Energy Capacity in Just Two Years Updated On Fri, May 19th, 2023 by Saurenergy The UAE flagship renewable energy company Masdar has announced that it has almost doubled its clean energy capacity and CO2 displacement in a space of just two years. Masdar claims to be on track to become one of the world’s largest renewable energy companies by 2030. Masdar achieved a clean energy capacity of 20 GW […] Read more
