Hindalco Inds Contracts For Renewable Energy From 100 MW Ayana Renewable Project Updated On Tue, Feb 6th, 2024 by Saurenergy Hindalco Industries Limited an Indian aluminum and copper manufacturing company, and a subsidiary of the Aditya Birla Group acquired 26% stake in Ayana Renewable Power (ARPFPL) a renewable energy company. The stake hold is a mandatory requirement when a firm contracts with an IPP for captive power requirements from a dedicated project. IPPs incorporate special […] Read more
January Power Market- IEX Reports Highest Ever Volumes, Green Power Slides Updated On Tue, Feb 6th, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s leading electricity exchange, achieved the highest-ever total volumes in January 2024, reaching 10,893 million units (MU) – marking a 26.1% year-over-year increase. This volume comprises 9,137 MU from the conventional power market segment, 236 MU from the green market segment, and 15.20 lakh Renewable Energy Certificates (RECs) (equivalent to 1,520 […] Read more
Tata Power Solar Cross ₹ 3,500 Cr Customer Financing Bolstering Solar Adoption Updated On Mon, Feb 5th, 2024 by Saurenergy Tata Power Solar Systems Limited (TPSSL), wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has said that it has facilitated over ₹ 3,500 crore of customer financing for solar projects during the last 4.5 years. This has led Tata Power to emerge as the nation’s most preferred green energy partner which is mainstreaming the […] Read more
Yearly Review: India Added More Coal Power Than Wind In 2023 Updated On Mon, Feb 5th, 2024 by Saurenergy The latest analysis of the government’s monthly capacity addition reports revealed that India added more coal power than wind energy in the calendar year 2023. A comparison of the monthly installed capacity reports of the Central Electricity Authority (CEA) by Saur Energy revealed that India added 4 Gigawatt (GW) of net coal power in 2023. […] Read more
Atrato Solar Farm Commissioned in UK; To Fulfill 75% Power Need Of Soft-Drink Company Updated On Fri, Feb 2nd, 2024 by Saurenergy United Kingdom-based soft drinks manufacturer Britvic soft drinks will now make its product using 75 percent solar power. The company will be getting the solar power supply from a 160-acre solar farm in Northamptonshire which renewable energy company Atrato Onsite Energy owns. The 650,000 square meter solar installation will scale up to produce 28MW power. […] Read more
Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio Updated On Fri, Feb 2nd, 2024 by Saurenergy Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […] Read more
Cleantech Solar Raises Rs 6.25 Billion From Tata Capital for Indian RE Projects Updated On Thu, Feb 1st, 2024 by Saurenergy Singapore headquartered Cleantech Solar has successfully secured a substantial long-term senior secured loan facility of Rs 6.25 billion from Tata Capital Limited. This funding is earmarked for bolstering its open access portfolio within India. Cleantech Solar stands as a prominent provider of renewable energy solutions catering to corporate entities across India and Southeast Asia. It […] Read more
Yinson Renewables Acquires 97 MWp Matarani Solar Project in Peru from Grenergy Renewables Updated On Wed, Jan 31st, 2024 by Saurenergy Malaysia-based Yinson Renewables has completed the acquisition of the 97 MWp Matarani solar project in Peru from Grenergy Renewables, an international independent power producer, developer, and engineering, procurement, and construction company. The project is located in the Mollendo desert in the Arequipa region, one of the world’s highest solar irradiation areas. Most of the project’s […] Read more
DRE, Mini-Grids Can Aid In The Growth Of E-Cooking In India: CSE Report Updated On Wed, Jan 31st, 2024 by Saurenergy A latest report from the Centre For Science and Environment (CSE) recommended the phasing out of LPG cylinders, used primarily for cooking in India. The CSE researcher advocated for boosting electric cooking (e-cooking) instead. The report also talked about the main challenges in rolling out large-scale adoption of e-cooking in India and the likely solutions […] Read more
