Total Energies Joins Adani Enterprises To Build ‘Largest Green Hydrogen Ecosystem’ Updated On Tue, Jun 14th, 2022 by Saurenergy Adani, India’s fastest-growing diversified business portfolio, and energy supermajor TotalEnergies of France, have entered into a new partnership to jointly create the world’s largest green hydrogen ecosystem. In this strategic alliance, TotalEnergies will acquire 25% minority interest in Adani New Industries Ltd (ANIL) from Adani Enterprises Ltd (AEL). Adani Enterprises is effectively the incubation arm […] Read more
Tata Power DDL Gears Up To Add 400 MW RE To Power Updated On Tue, Jun 14th, 2022 by Saurenergy Tata Power Delhi Distribution Ltd (DDL) is working to increase the supply of renewables to 50% of its overall supplies in the next five years. At present, the renewable profile of the company is around 21% of the discom’s supplies. The company is preparing for a peak load of about 2350 MW this year. The […] Read more
LONGi gets contract to supply 400MW of solar modules for Saudi Arabia project Updated On Tue, Jun 14th, 2022 by Saurenergy Global Chinese manufacturer LONGi has been awarded a module supply contract for the 400MW (DC) Rabigh Solar PV IPP project in Saudi Arabia. The contract is realized through its EPC contractor, China Energy Engineering Group, Guangdong Power Engineering Company (GPEC). The announcement was made at a ceremony attended by LONGi and its partner GTek Solar […] Read more
Investment Crunch, Discoms Twin Hurdles to India’s 2070 RE target : Moody’s Updated On Mon, Jun 13th, 2022 by Saurenergy Moody’s Investors Service said in a report on June 13 that India needs a shift in its energy mix toward renewable energy and improve financial health of state owned distribution companies (discoms) if it is to reach its net-zero emission by 2070. It is worth remembering that in just the Modi government’s tenure, we have […] Read more
GUVNL’s 500 MW Solar Auction Winners Updated On Mon, Jun 13th, 2022 by Saurenergy ABREL SPV 2 (Aditya Birla Renewable Energy), Hinduja Renewables Energy, and state owned SJVN were declared the winners in Gujarat Urja Vikas Nigam’s (GUVNL) auction for 500 MW capacity of solar projects under Phase XIV. The winners quoted a price of Rs 2.30 per unit, with SJVN quoting Rs 2.31/unit or kW. While ABREL and […] Read more
Record US $14.5 b Investment In Indian RE In Last FY Updated On Mon, Jun 13th, 2022 by Saurenergy A record US$14.5 billion was invested in renewable energy In India during the last financial year (FY2021-22) registering an increase of 125% compared to FY2020-21. However, that number still needs to be higher to meet the new demands of the renewable capacity target of 500GW by 2030. 15.5 gigawatts (GW) of renewable energy capacity was […] Read more
World’s Largest Solar Plus Storage Project Coming up in Philippines Updated On Fri, Jun 10th, 2022 by Saurenergy The Philippines is set for a major renewable energy expansion in the near future. In a fresh development, Philippines-based billionaire and the second richest man of the country – Enrique Razone – will be developing the largest such solar power project in the country. According to the official statement, the mega solar power facility will […] Read more
Tata Power Commissions 450 MW DC Project For Brookfield Renewable In Rajasthan Updated On Wed, Jun 8th, 2022 by Saurenergy India’s largest integrated solar company, Tata Power Solar has commissioned a 450 MW DC capacity solar pant for Brookfield Renewable India. The installation entails set up of over 800,000 modules and was completed within record 7 months’ timeframe. The project will produce over 800 GWh of clean energy annually. Commenting on the project commissioning, Dr. […] Read more
Industry Hails New Open Access Rules, Hopes For Turbocharged Solar Growth Updated On Wed, Jun 8th, 2022 by Saurenergy The notification of the Electricity (Promoting Renewable Energy through Green Open Access) Rules 2022 or the Green Open Access Rules as the industry is calling it, has easily been the biggest policy move for the sector this quarter. A quick perusal of the messages of welcome indicate that optimism rules high, and the Corporate and […] Read more
