ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn Updated On Thu, Feb 25th, 2021 by Saurenergy Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […] Read more
Energy Partnership Between India & US Supports Sustainable Development Updated On Wed, Feb 24th, 2021 by Saurenergy The energy cooperation between the US and India supports sustainable development, harnesses sources to meet 21st-century power needs, protects national security, and promotes regional and international stability, a senior official from Washington has said. At a daily news conference on Monday, the State Department Spokesperson Ned Price said, the US and India collaborate on natural […] Read more
TERI, POSOCO Sign MoU to Strengthen Research-Industry Interaction in Power Sector Updated On Tue, Feb 23rd, 2021 by Saurenergy TERI & POSOCO to work together to strengthen research-industry interaction for knowledge sharing, capacity building in the Indian power sector The Energy and Resources Institute (TERI) and the Power System Operation Corporation (POSOCO) Limited today signed a Memorandum of Understanding (MoU) to work together to strengthen research-industry interaction for knowledge sharing and capacity building through […] Read more
Solar now the Leading Source of Renewable Energy in India: MNRE Updated On Tue, Feb 23rd, 2021 by Saurenergy MNRE in its January 2021 report, has detailed that solar, with 38.79 GW installed, is now the leading source of renewable energy in India The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of January 2021, detailing all the events and development that took place during the […] Read more
Torrent Power Bids Rs 555 Cr to Take 51% in D&N Haveli, Daman & Diu Discoms Updated On Mon, Feb 22nd, 2021 by Saurenergy Torrent Power has emerged as the highest bidder for the sale of 51 percent stake in Discoms in the UT of Dadra & Nagar Haveli and Daman & Diu Torrent Power, the Rs 13,641 crore integrated power utility of the Torrent Group has announced that it has emerged as the highest bidder for the sale […] Read more
Fifth Extension for SECI’s EOI for Renewable Solutions in Himalayas Updated On Mon, Feb 22nd, 2021 by Saurenergy SECI issues 5th extension for its call for renewable solutions for meeting energy requirements in remote areas of the Himalayas. The Solar Energy Corporation of India (SECI) has issued a notification, extending the deadline for submission of Expression of Interest (EOI) for its call for renewable energy (RE) based solutions/ system/ technology for meeting energy requirements in […] Read more
Renewable Sector Springs Back to pre-COVID Levels in India: CEEW-CEF Updated On Mon, Feb 22nd, 2021 by Saurenergy The renewable energy sector in India has rebounded to pre-COVID-19 levels in Q3 FY21 following the restoration of supply chains, per CEEW-CEF The renewable energy sector in India has rebounded to the pre-COVID-19 levels in Q3 FY21 following the restoration of supply chains, according to a new quarterly analysis release by the CEEW-Centre for Energy […] Read more
Approach for Energy Sector has Been Reach, Reinforce, Reform & Renewable Energy: PM Modi Updated On Fri, Feb 19th, 2021 by Saurenergy Prime Minister Narendra Modi addressed a webinar for consultation towards effective implementation of Union Budget provisions in the power and renewable energy sector. Stating that the sector plays a big role in the progress of the country and contributes to both ease of living and ease of doing business. In his address, Modi said that […] Read more
Coal Could Boom in India if Renewables Can’t Keep up With Growth: Rystad Updated On Fri, Feb 19th, 2021 by Saurenergy A report by Rystad expects Coal in India to come back with a vengeance, growing by 43 percent to 1,523 TWh in 2037. Power generation from coal in India fell to a five-year low of “just” 1,064 terawatt-hours (TWh) in 2020 due to the COVID-19 induced slowdown. This was only a dip, however, as coal […] Read more