AIIB Invests In Eight Solar Projects Of 1.54 GW With Mahindra Susten Updated On Fri, Jan 19th, 2024 by Saurenergy The Asian Infrastructure Investment Bank (AIIB) a multilateral development bank has invested Rs 4.86 billion (around USD $58.4 million equivalent) in renewable energy Infrastructure Investment Trust (InvIT). InvIT (Sustainable Energy Infra Trust or SEIT), has eight operating solar power generation assets of 1.54 gigawatt (GW)-peak total capacity located in India. SEIT is co-sponsored by Mahindra […] Read more
Load Shedding An Insult To People, Errant Firms To Be Penalized: RK Singh Updated On Thu, Jan 18th, 2024 by Saurenergy Union Power Minister RK Singh today said that load shedding is an insult to the people of India. He also warned the power companies in the country that they would have to pay penalties for their defaults. The union minister was speaking in a review meeting of power sector with the energy secretaries of states […] Read more
US Announces USD $34mn Investment To Improve 12 Electricity Projects Updated On Wed, Jan 17th, 2024 by Saurenergy US’s Department of Energy (DOE) made an announcement for investing $34 million in 12 projects across 11 states. The project aimed at strengthening and modernising America’s aging power grid through the development of cost-effective, high-speed, and safe undergrounding technologies. These projects claim to support undergrounding electric power lines, helping modernize the electric grid and replace […] Read more
Jakson Green Enters Into Joint Venture With RVNL in Solar Sector Updated On Wed, Jan 17th, 2024 by Saurenergy Jakson Green Private Limited (JGPL) and Rail Vikas Nigam Limited (RVNL) announced the formation of a Joint Venture that will explore opportunities in solar power projects in India and abroad. Under the joint venture, RVNL will hold a 49% stake of the green clean energy project, while a majority stake of 51% will be held […] Read more
Solar Boat Sails On Saryu River In Ayodhya In Testing Mode Updated On Wed, Jan 17th, 2024 by Saurenergy A solar-powered electric boat has been introduced on the holy Saryu River marking a significant milestone in the country. Following the directives of Chief Minister Yogi Adityanath, the Uttar Pradesh New and Renewable Energy Agency (UPNEDA) has outlined plans for the routine operation of this boat service in Ayodhya. The components and accessories of the […] Read more
Solar Europe 2023-Record Additions, Generation Seen in 2023 From Solar In Europe Updated On Wed, Jan 17th, 2024 by Saurenergy That Europe added over 56 GW of solar in 2023 has already been documented. But it is the numbers coming out from individual countries that make for interesting reading. Thus, even as powerhouses like Germany crossed 14 GW in fresh additions, smaller countries like the Czech republic made major strides as well, adding over 970 […] Read more
Trillion Dollars Needed For Green Repowering Of Thermal Plants: iFOREST Report Updated On Tue, Jan 16th, 2024 by Saurenergy A latest report from International Forum for Environment, Sustainability and Technology (iFOREST) estimates that India would require more than a trillion dollars in the next 30 years to systematically phase down operations of the existing coal mines and Thermal Power Plants (TPPs) by 2050. The report talked about Just Transition, its financial requirements, and a […] Read more
Sarda Awards Rs 150 cr Solar Chhattisgarh Project To Gensol Engineering Updated On Tue, Jan 16th, 2024 by Saurenergy Sarda Energy & Minerals Ltd (SEML) has announced the awarding of a Rs 150 crore contract to Gensol Engineering Ltd for the development of a 50-MW DC solar power plant in the state of Chhattisgarh. In a regulatory filing before authorities, Sarda Energy & Minerals has declared that the purpose of this project is to […] Read more
Adani Green FY24 Update Highlights 16% Growth In Capacity, 59% In Power Sales Updated On Tue, Jan 16th, 2024 by Saurenergy In an operational update to the stock exchanges, Adani Green Energy Limited (AGEL), the renewable energy developer arm of the Adani Group, has shared the progress it has made in the first 9 months of FY24. With a target of 45GW of operational renewable energy by 2030, which would be close to10% of India targets, […] Read more
