Partners Group To Acquire RE Platform Sunsure Energy For $400 Million Updated On Thu, Dec 8th, 2022 by Saurenergy Global private markets firm Partners Group has agreed to acquire a majority stake in Sunsure Energy, a renewable energy and decarbonization solutions platform in India, on behalf of its clients. The official statement of Partners Group held that the company will invest up to $400 million in the Sunsure Energy. Sunsure was founded in 2015 […] Read more
Chiripal Group Bets Big On Solar Manufacturing For Long Term Sustainability Updated On Wed, Dec 7th, 2022 by Saurenergy Gujarat based diversified industrial group Chiripal Group, which has existing interests in textiles, petrochemicals, education, polyfilms and financing, Chiripal Renewables recently founded Grew Energy Pvt Ltd, a company that will produce solar components. With this entry into the renewable energy industry the group has acknowledged the scale of the opportunity in renewable energy, particularly solar […] Read more
RE Leader Suzlon Energy Sells Solar Subsidiary Vayudoot Solarfarms Updated On Tue, Dec 6th, 2022 by Saurenergy Suzlon Energy, a manufacturer of wind turbines, approved the sale of its remaining 51.05% ownership interest in the subsidiary Vayudoot Solarfarms to Ahmedabad-based Aries Renewables, the firm reported in a National Stock Exchange filing. For a price of Rs 14.23 crore, Suzlon sold the remaining stake. The company’s net worth was Rs. 24.2 crore, and […] Read more
SECI Payout of Rs 804 Cr to Solar & Wind Developers for Oct Sees 10% Slide Since Sep Updated On Tue, Dec 6th, 2022 by Saurenergy Payments totaling Rs 804 crore were made to solar and wind power producers by the Solar Energy Corporation of India (SECI) for the power it purchased in October 2022. The amount is almost 10% less than what was paid out in September. Against its power purchases, the agency had released Rs 893 crore. Nearly 88% […] Read more
NREL Confirms Spike In Solar and Storage Costs In US Updated On Fri, Dec 2nd, 2022 by Saurenergy The National Renewable Energy Laboratory (NREL), the premier government entity tasked with tracking and projecting impact of technology changes in the renewables space, has come out with its annual benchmarking report on prices. And the findings are no surprise, to those who have been in the market. Using 2021 prices, NREL estimates that utility-scale PV […] Read more
L&T Picks LONGi for Saudi Projects With 1292 MW Module Order Updated On Thu, Dec 1st, 2022 by Saurenergy L&T has picked Chinese major LONGi to provide 1292MW of PV modules for two solar projects under construction in Saudi Arabia. LONGi VP Dennis She and A. Ravindran, Senior Vice President and Head of the Renewables Strategic Business Group at L&T, jointly signed the agreement, involving two Saudi Arabian projects for which L&T is acting […] Read more
India’s Policy Framework For Low-Carbon Electricity Generation Updated On Thu, Dec 1st, 2022 by Saurenergy India recently submitted its Long-term Low-Carbon Development strategy to the requirements of the Paris Agreement. The South Asian country aims to go carbon-neutral by 2070, requiring adopting new technological developments while taking care of all the associated risks. For this, the Policy framework that the country adopts will matter the most in its transition to […] Read more
US Solar Output Increases by 26% in First Nine Months of 2022 Y-o-Y Updated On Wed, Nov 30th, 2022 by Saurenergy According to the latest report from the country’s Energy Information Administration (EIA), solar PV generation increased in the US during the first nine months of the year by 26.1% compared to the same period last year. According to information from its publication “Electric Power Monthly,” solar PV generated 21.02% more electricity in September 2022 than […] Read more
The Top 5: Why Data Centres Are A Favourite To Shift To Renewable Energy Updated On Tue, Nov 29th, 2022 by Saurenergy Whenever you use the internet, you’re connecting to one of the millions of servers distributed across hundreds of data centres located worldwide. Yes, these are the ‘cloud’ servers every digital user today is familiar with. While they are crucial for tech giants, people may not realise that these centres, with their extensive security requirements, and […] Read more
