AMPIN Energy, Sumitomo Collaborate To Boost RE In India Updated On Fri, Sep 13th, 2024 by Saurenergy Sumitomo Corporation has established AMPIN C&I Power Private Limited, in cooperation with AMPIN Energy Transition Private Limited. The joint venture (JV) will be owned 51% by AMPIN and 49% by Sumitomo. The allocated funds will be used for the development, construction, and operation of State Transmission Utility (STU) connected projects providing renewable energy to Commercial […] Read more
KSEB Signs Pact With SECI For 500 MW Solar Power Updated On Fri, Sep 13th, 2024 by Saurenergy The Kerala State Electricity Board (KSEB) has now signed an agreement with the Solar Energy Corporation of India (SECI) to boost the growth of solar energy in the southern state. This new deal is aimed at reducing power purchase costs by at least 10%. With this collaboration, the state board plans to add 500 MW […] Read more
After Aborting Module Making Plan, Coal India To Expand RE Production Updated On Thu, Sep 12th, 2024 by Saurenergy India’s premier public sector coal mining company-Coal India Limited (CIL) has planned to boost the growth of renewables under its portfolio. This comes after the public utility aborted its earlier plan to produce solar panels. Speaking recently at the Bloomberg BNEF Summit, Debashish Nanda, Director-Business Development of Coal India said that the company as of […] Read more
Green Stocks Sep 11: Suzlon, Borosil Renewables Hold Up On A Rough Day Updated On Wed, Sep 11th, 2024 by Saurenergy On a day when the market was down almost 0.5%, green stocks in our list suffered disproportionately, victims of their own success in the previous few months. The market has been nervous, and news lined to any move on the policy front or order front has been the usual trigger for these stocks. Today, there […] Read more
India Added 9 GW Of New Renewable Capacities Since April 2024 Updated On Wed, Sep 11th, 2024 by Saurenergy India’s renewable energy capacity reached 152.65 GW by the end of August 2024, according to the latest data from the Ministry of New and Renewable Energy (MNRE). The data highlights new solar and wind energy project additions during the month. In August alone, India added 2,224 MW (2.22 GW) of solar capacity and 116.9 MW […] Read more
Odisha, MP New Emerging States For Renewables: CEEW Report Updated On Tue, Sep 10th, 2024 by Saurenergy A latest report by energy think tank Council on Energy, Environment and Water (CEEW) said that Odisha and Madhya Pradesh could soon become the new emerging states to spur the growth of green energy in the country. The study, ‘Unlocking India’s RE and Green Hydrogen Potential: An Assessment of Land, Water, and Climate Nexus’, highlights […] Read more
Indian Solar Cell Market Expands As Tata Power Adds 2 GW Cell Making To Mix Updated On Tue, Sep 10th, 2024 by Saurenergy With the successful commissioning of the first 2 GWs of Tata Power’s solar cell manufacturing unit at Tirunelveli in Tamil Nadu, the firm has joined the league of the top cell making firms as well. Under Tata Power Solar, which is a cell and module manufacturing company and a subsidiary of Tata Power Renewable Energy […] Read more
Oriana Power Gets 128 MW Solar Project In Tamil Nadu Updated On Mon, Sep 9th, 2024 by Saurenergy Oriana Power Limited subsidiary, TrueRE Surya Private Limited, today received a contract from Dalmia Cement (Bharat) Limited, (DCBL), a subsidiary of Dalmia Bharat Limited in Tamil Nadu. Under the contract, Oriana Power will build and operate up to 128 MW ground-mounted solar power plant in the state. This project falls under the open-access captive solar […] Read more
APTEL Sets Aside HERC Ruling, Awards Right To Sell Solar Power At Rs 5.68/unit Updated On Mon, Sep 9th, 2024 by Saurenergy The Appellate Tribunal For Electricity (APTEL), in a key judgement involving the Haryana Electricity Regulatory Commission (HERC), the Haryana Power Purchase Centre and some individual petitioners, issued an order setting aside the decision of HERC. In its order, the APTEL bench directed the HPPC to enter into a PPA to purchase power at the rate […] Read more
