Serentica Partners for Contracts Worth INR 10,000 cr for Phase 1 of RE Projects Updated On Wed, Jun 7th, 2023 by Saurenergy Renewable energy platform Serentica Renewables has announced successful placement of contracts worth INR 10,000 crore for its upcoming renewable energy projects. The contracts placed upon leading renewable energy solution providers will enable Serentica to develop 1.5 GW of renewable energy capacity in India. Serentica is setting up solar and wind capacities across the states of […] Read more
Intersect Power Brings 415 MWp Radian Solar Online Updated On Wed, Jun 7th, 2023 by Saurenergy US-based clean energy firm Intersect Power has announced the commercial operation of its Radian solar project in Texas that is expected to supply green energy to more than 114,000 homes. As per the official statement by Intersect Power, the Radian solar project has used First Solar panels and created more than half a thousand jobs […] Read more
Envision Energy Bags 1.67 GW Turbine Order for NEOM Green Hydrogen Updated On Wed, Jun 7th, 2023 by Saurenergy Chinese turbine maker Envision Energy has signed a contract to supply 1.67 GW wind turbines for NEOM Green Hydrogen Company, the world’s largest utility-scale green hydrogen plant. This plant will be powered entirely by renewable energy. The mega plant is located at Oxagon, Saudi Arabia’s region of NEOM. Under the contract, 171-6.5 MW wind turbines […] Read more
NTPC To Commission Second Part Of Gandhar Solar Project Updated On Tue, Jun 6th, 2023 by Saurenergy NTPC will be commissioning the second part of the Gandhar Solar Power Project developed by the Maharatna PSU. The total capacity of the solar power project is 20 MW and the second part will be 10MW. NTPC revealed in a regulatory filing that the company will add 10 MW of capacity to the project on […] Read more
EVs Face A Speed Breaker As Skeptics Gather Evidence Around Key Issues Updated On Tue, Jun 6th, 2023 by Saurenergy The Delhi government recently announced Motor Vehicle Aggregator Policy, which mandates a shift to EVs for cab aggregators, besides other incentives for electric vehicles (EVs). The move has apparently caused a pause in the stock price of CNG supplier Indraprastha Gas Limited (IGL). The plan mulls phase-wise conversion of commercial cab services, running primarily on […] Read more
Spain’s Solar Energy Structure to Divest 90 MW of Solar Projects Updated On Tue, Jun 6th, 2023 by Saurenergy Spain-based solar developer and installer Solar Energy Structure has entered into an agreement that paves the way for the divestment of up to 90 MW of PV projects. The name of the listed European independent power producer to whom the project has been divested has not been revealed yet. As per the contract, three solar […] Read more
The Solar-Powered Smart Farm Unveiled Via India & Sweden Partnership Promises 80% Water Savings Updated On Tue, Jun 6th, 2023 by Saurenergy Small-hold farmers are extremely vulnerable to erratic climatic conditions, and often do not have access to resources to address the challenges confronting them. With a goal to equip them better, India and Sweden have partnered up and launched a solar-powered smart farm that will enable them to save water and increase food production in a […] Read more
Traded Power Prices Drop 30% YOY At IEX To Rs 4.74/unit In May Updated On Tue, Jun 6th, 2023 by Saurenergy In a good sign for India’s summer months, power trading prices at the largest power exchange in the country, IEX, dropped 30% YOY to Rs 4.74/unit in May. During the month, the exchange enabled 8,251 MU (million units) of power trades. The green market trades at 358 MU, 1.42 lac Renewable energy certificates (RECs equivalent […] Read more
MNRE To Grant RE Project Extensions In GIB Habitats Only On ‘Merit’ Updated On Mon, Jun 5th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now decided to grant an extension to renewable power projects in Great Indian Bustard (GIB) habitat areas only based on the case’s merits. It has planned to do away with the earlier system of giving a blanket exemption of 30 days in the scheduled commencement of […] Read more
