ThomasLloyd Energy Will Buy 43% Stake in SolarArise India Updated On Wed, Mar 16th, 2022 by Saurenergy The Indian Government has given a go ahead to the proposal of ThomasLloyd Energy Impact Trust Plc to purchase 43% stake in SolarArise India Projects Pvt Ltd. The deal comes at $34.6 million (Rs 265 crores approx.) That values Solar Arise at approx. Rs 620 crores. ThomasLloyd says that in the second quarter of this […] Read more
Four Solar Power Projects Worth 6.5 MW Floating Up in Chandigarh Soon Updated On Tue, Mar 15th, 2022 by Saurenergy Chandigarh Renewable Energy and Science and Technology Promotion (CREST) will develop four solar power projects totaling 6.5 MW capacity in different locations of Chandigarh. The cost of this solar expansion will be Rs 43 crore. As far as the projects are concerned, two will be first of their kind. These solar power projects will be […] Read more
Adani to Build Two Renewable Energy Projects in Sri Lanka Updated On Tue, Mar 15th, 2022 by Saurenergy The Adani Group has signed a Memorandum of Understanding (MoU) with the Sri Lanka Government bagging two renewable energy generation projects of considerable size in the neighbouring country. There is no official confirmation from either Adani Group or the Government of Sri Lanka, but it has been reported that the two projects will be based […] Read more
As Global Rooftop Solar Booms, India Goes Missing Updated On Tue, Mar 15th, 2022 by Saurenergy Energy research and business intelligence firm Rystad Energy has released a new report on global rooftop solar installations. The firm predicts that rooftop solar PV installations are set to surge in the next three years, with total capacity reaching 94.7 gigawatts (GW) by 2025. This growth reflects the broader solar market, which has been on […] Read more
Amp Energy India appoints Ritesh Singhi as Senior Director – Procurement and SCM Updated On Mon, Mar 14th, 2022 by Saurenergy Amp Energy India has hired Ritesh Singhi as Senior Director – Procurement and Supply Chain Management (SCM). The company has said that its strengthening its management capabilities to capitalize on future growth opportunities as it continues to progress on an accelerated growth path. Singhi comes with more than 25 years of extensive experience in Project […] Read more
Tamil Nadu to Add 20,000MW Solar Power by 2030 Updated On Mon, Mar 14th, 2022 by Saurenergy The Tamil Nadu Generation and Distribution Corporation (Tangedco) plans to spend about Rs 70,000 crore across Tamil Nadu to install 20,000 megawatt (MW) capacity of solar power plants by 2030. The DISCOM has come out with a tender inviting consultants for the project. A solar plant with a capacity of 1,000MW will be built by […] Read more
IREDA to be consultant to petrochemicals institute for campus solarisation Updated On Mon, Mar 14th, 2022 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) has signed a Memorandum of Understanding (MoU) with the Central Institute of Petrochemicals Engineering & Technology (CIPET) to provide its techno-financial expertise for the solarization of CIPET campuses. The two organisations are under the Ministry of New & Renewable Energy and the Ministry of Chemicals and Fertilizers, respectively. […] Read more
Nagaland Will Develop its First Solar Power Project in Dimapur Updated On Fri, Mar 11th, 2022 by Saurenergy The state government of Nagaland has signed a power purchase agreement (PPA) with Hyderabad based Halo Energie Pvt Ltd to develop Nagaland’s first greenfield solar power project in Dimapur. Halo Energie is an independent power producing company. As per the details, the solar power project will be of 20MW and constructed over more than 120 […] Read more
European Union Added Less Than 50% Wind Energy Targets in 2021: WindEurope Report Updated On Fri, Mar 11th, 2022 by Saurenergy A new report published by WindEurope has revealed that the European Union has not been able to install the targeted wind energy capacity in 2021. According to the report, the European Union – which is a union of 27 countries – had installed a mere 11 GW which is even less than half of what […] Read more