renewable energy

Vesper Energy Finalizes $592 Mn Investments For Hornet Solar Project

Updated On Wed, Jun 12th, 2024

by Saurenergy

Vesper Energy Finalizes $592 Mn Investments For Hornet Solar Project

Vesper Energy, a renewable energy developer, finalized construction and term loan syndication for its Hornet Solar project, representing approximately $592 million in investments. The syndication process was initiated after the Hornet Solar project’s financial close in December 2023. This signals continued investor confidence in the project and Vesper’s ability to deliver reliable, resilient infrastructure. “This […]

Radiance Renewables & PIDG Form JV For RE Growth In India

Updated On Tue, Jun 11th, 2024

by Saurenergy

Radiance Renewables & PIDG Form JV For RE Growth In India

Radiance Renewables and the Private Infrastructure Development Group (PIDG) company, InfraCo Asia, announced a joint venture (JV) – Radiance InfraCo Renewables Private Limited. The JV will develop a portfolio of greenfield renewable energy projects for C&I clients in India, enabling them to reduce carbon emissions in their supply chain and operations to meet their sustainability […]

DERC Issues Draft Green Energy Open Access Rules

Updated On Tue, Jun 11th, 2024

by Saurenergy

DERC Issues Draft Green Energy Open Access Rules

The Delhi Electricity Regulatory Commission (DERC) recently unveiled its draft regulations on Green Energy Open Access. This policy aims to establish fair guidelines for accessing green energy, particularly from renewable sources, through the Intra-State Transmission System (InSTS) or the distribution system of licensees. The draft rules proposed to offer green energy through open access ranging […]

Suzlon Secures 103.95 MW Order From AMPIN Energy Transition

Updated On Tue, Jun 11th, 2024

by Saurenergy

Suzlon Secures 103.95 MW Order From AMPIN Energy Transition

Suzlon Group, a Pune-based renewable energy solutions provider, has won a new order to develop a 103.95 MW wind power project for AMPIN Energy Transition Private Limited. Suzlon is expected to install 33 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each at the client’s […]

BluPine Energy Signs PPA with APL Apollo Group For 61.65 MW Solar Plant

Updated On Mon, Jun 10th, 2024

by Saurenergy

BluPine Energy Signs PPA with APL Apollo Group For 61.65 MW Solar Plant

BluPine Energy, established in India by global infrastructure investor Actis, has announced the signing of a Power Purchase Agreement (PPA) with APL Apollo Building Products (a wholly owned subsidiary of APL Apollo Tubes Limited), India’s largest structural steel tubes & pipes manufacturing company. The pact was signed for the establishment of a 61.65 MW solar […]

JSW Energy Commences Construction Of 1 GWh BESS Project

Updated On Mon, Jun 10th, 2024

by Saurenergy

JSW Energy Commences Construction Of 1 GWh BESS Project

Mumbai-based JSW Energy recently initiated the construction activities for its 1 Gwh Battery Energy Storage Project (BESS) marking its foray into energy storage services. With this project, JSW also claims to lead in the development of one of the large commercial-scale Green Hydrogen projects in India. It claims to be one of the few in […]

News Brief June 07 – UK Battery Project, Energy Vault, Sumitomo

Updated On Fri, Jun 7th, 2024

by Saurenergy

News Brief June 07 – UK Battery Project, Energy Vault, Sumitomo

Gresham House secures PPA for 568MW battery projects in UK An Octopus Energy subsidiary and Gresham House Energy Storage Fund have engaged into a power purchase agreement (PPA) for 14 of the company’s battery projects in the UK, totaling 568MW/920 megawatt hours (MWh). Commencing on July 1, 2024, the two-year fixed-price contracts will cover around […]

Green Stocks June 7: Renewable Stock Prices On A Recovery Spree

Updated On Fri, Jun 7th, 2024

by Saurenergy

Green Stocks June 7: Renewable Stock Prices On A Recovery Spree

Stock prices of Indian renewable energy companies seemed to be a on a recovery mode after a crash in their prices on the poll results. Except three companies-Adani Green, Waaree Renewable and JSW Energy, the stock prices of all other green energy companies seemed to be on a revival mode. The highest growth was reported […]

Changing Renewable LCOE Dynamics To Favour Big Companies: Report

Updated On Fri, Jun 7th, 2024

by Saurenergy

Changing Renewable LCOE Dynamics To Favour Big Companies: Report

A latest report by Lazard on the Levelized Cost of Energy (LCOE) claimed that the changing dynamics of LCOE is the United States (US) is likely to benefit the larger companies. It said that the results of its LCOE analysis hinted that sizable and well capitlized companies can take advantage of the supply chain and […]