BrightNight Announces Maiden 100 MW Hybrid Wind-Solar Project in India Updated On Mon, Jan 30th, 2023 by Saurenergy Global renewable power producer BrightNight has announced plans for one of its inaugural projects in India which is a differentiated 100 MW co-located, wind-solar hybrid renewable power project in Maharashtra. The official statement of BrightNight held that the wind solar project will deliver clean, high-capacity factor power to commercial and industrial (C&I) customers in the […] Read more
NTPC Reports 5% PAT Growth YoY in Q3, Renewable Capacity Dominates Additions Updated On Sun, Jan 29th, 2023 by Saurenergy NTPC, which is India’s largest energy conglomerate, has shared its results for Q3. The entity has reported a net profit of Rs 4,854.36 crore for the October-December quarter of FY23 on Saturday, nearly 5 per cent higher as compared to Rs 4,626.11 crore in the year-ago period. The company’s board has also declared a Rs […] Read more
Luminous Announces India’s First Green Solar Panel Manufacturing Facility In Uttarakhand Updated On Fri, Jan 27th, 2023 by Saurenergy Delhi-based Luminous Power Technologies has announced its new state-of-the-art solar panel manufacturing plant in the northern state of Uttarakhand. Located in the industrial region of Rudrapur, the state-of-the-art facility is equipped with the latest technology to design and produce high-quality solar panels that will be used for both residential and commercial applications. The new manufacturing […] Read more
Norwegian Fund To Invest $62 Million In SAEL To Help Develop 3GW Renewables Updated On Fri, Jan 27th, 2023 by Saurenergy The new Norwegian Climate Investment Fund has said that it will be investing about NOK 600 million or $62 million (Rs. 500 crores) in equity in Sukhbir Agro Energy Limited (SAEL). As per the official statement of the fund, the investment will contribute to avoiding more than 2.8 million tons of CO2 emissions. Given the […] Read more
ACME, Norfund Alliance for Renewable Energy In India Updated On Fri, Jan 27th, 2023 by Saurenergy Gurugram headquartered renewable energy player ACME has collaborated with Norfund – the Norwegian investment fund – under which the two companies will invest together in renewable energy projects in India. Norfund is the manager of Norwegian Climate Investment Fund (NCIF) and it invests in developing countries. Manoj Upadhyay, Founder and Chairman, ACME Group, said, “I […] Read more
Minigrid Pioneer Husk Power Turns Profitable After 14 Years Updated On Thu, Jan 26th, 2023 by Saurenergy Husk Power Systems, which pioneered the first renewable energy minigrid in India in 2008 and now operates the largest fleet of community mini grids across Asia and Africa, announced that it has achieved profitability on both continents. Husk is the world’s first minigrid company to achieve this major industry milestone. The company became EBITDA positive […] Read more
Study Says Clean Energy Transition Could Save India $19.5 Billion Annually By 2025 Updated On Wed, Jan 25th, 2023 by Saurenergy According to a recent study by Global Energy Monitor, India has the potential to save up to $19.5 billion annually by achieving its goal of adding 76 GW of utility-scale solar and wind power by 2025. India has been ranked among the top seven countries globally in terms of prospective renewable power, according to a […] Read more
Rajasthan to Welcome 1 GW Renewable Energy Projects from BPCL Updated On Tue, Jan 24th, 2023 by Saurenergy PSU refiner Bharat Petroleum Corporation Ltd (BPCL) will be establishing renewable projects worth 1 GW of capacity in the state of Rajasthan. Towards this goal, an MoU has been signed between the Government of Rajasthan and BPCL. Details with respect to the timeline and investment have not been shared. The firm has set out on […] Read more
Largest Floating Solar of North India Worth 2 MWp Capacity Inaugurated in Chandigarh Updated On Tue, Jan 24th, 2023 by Saurenergy North India’s largest floating solar power plant of 2MWp capacity has been unveiled at Chandigarh. The floating solar facility was inaugurated by the Governor of Punjab and Administrator of Chandigarh, Banwari Lal Purohit. The official statement of the UT held that the plant was commissioned by Chandigarh Renewal Energy and Science & Technology Promotion Society […] Read more
