UK, US Firms Launch JV Targetting 20 GW RE Capacity by 2030 Updated On Tue, Nov 16th, 2021 by Saurenergy Low Carbon Limited, based in the UK, and the Massachusetts Mutual Life Insurance Company (MassMutual), based in the US, have joined forces to build a leading global renewable energy Independent Power Producer (IPP). The partnership with MassMutual also aims at supporting Low Carbon’s ambition to raise third-party investment funds with the goal of directing capital into […] Read more
UK Climate Investments, Norfund Invest in South African Wind Portfolio Updated On Tue, Nov 16th, 2021 by Saurenergy Macquarie-managed UK Climate Investments (UKCI) and Norfund are financing a joint venture between H1 Holdings and Pele Green Energy to fund their 40% equity participation in a 700 MW portfolio of onshore wind farms. Both partners will invest alongside Enel Green Power in one of South Africa’s largest renewable energy equity deals valued at around […] Read more
Adani Green’s Q2 Analyst Call Highlights Updated On Tue, Nov 16th, 2021 by Saurenergy Adani Green Energy Limited, the main vehicle leading the group’s green energy push as a developer held it’s analyst call on October 29, shortly after its Q2 results were declared. While the results highlighted the strong growth, as well as the closure of the 5 GW SB Energy deal, starting up of PPA’s under the […] Read more
Sungrow Bags Largest BESS Project In South East Asia Updated On Tue, Nov 16th, 2021 by Saurenergy Leading inverter solution supplier Sungrow is working with Super Energy, a leading renewable energy provider in South East Asia to build Southeast Asian largest battery energy storage system (BESS) project. Sungrow will supply the comprehensive PV plus BESS solution, comprising of 49.01 MW PV inverter solutions and 45 MW/136.24 MWh battery energy storage system. This project […] Read more
Suzlon Group Q2 FY22 Results: Rs 12.40 Cr Net Loss Updated On Mon, Nov 15th, 2021 by Saurenergy Pune-headquartered renewable energy solutions provider Suzlon Group has announced its second quarter results for the financial year 2021-22 (Q2 FY22). Suzlon reports a net loss of Rs. 12.40 crores. Other key highlights of Suzlon Group Financial Results Q2 FY22 are as follows: Revenue : Rs. 1,346.51 crores EBITDA: Rs. 232.71 crores EBITDA margin: 17.28 % EBIT: Rs.171.45 […] Read more
October India RE Highlights From MNRE Report For Union Cabinet Updated On Mon, Nov 15th, 2021 by Saurenergy In its monthly summary of key highlights, recently shared for the month of October, the Ministry of Renewable Energy (MNRE) has focused on renewable energy additions, international conferences and important developments in the work of Solar Energy Corporation of India (SECI). The ministry informs that a total of 1522.35 MW of renewable energy (RE) capacity […] Read more
China’s Largest PV Plant In Quinghai Offers A study On Co-Existing With Nature Updated On Fri, Nov 12th, 2021 by Saurenergy China’s Tara Beach, located 60 kilometres southeast of Qinghai Lake, in the island province of Hainan, is bathed with a blue sea of solar panels. It houses the world’s largest renewable energy base that was built by Huanghe Hydropower Development, a state-owned utility company, with technological contributions from ICT provider Huawei. A 2.2 GW solar plant — the Tara […] Read more
Self Sustaining Off Grid Options In Remote Areas Can Lead To Technological As Well As Social Changes Updated On Fri, Nov 12th, 2021 by Saurenergy Ashutosh Verma, Founder at Exalta India, a startup focused on the sustainability space has seen the market evolve from solar powered devices to a demand for EV’s today. It’s a market where his firm has tried to offer a product for each need. We spoke to him about his firm, and plans for the future. […] Read more
TATA Projects Bags 120 km Transmission Line Project in Bangladesh Updated On Fri, Nov 12th, 2021 by Saurenergy TATA Projects Limited, an Indian infrastructure company, has announced that it has forayed into Bangladesh’s Transmission and Distribution (T&D) sector by securing a 400 KV double circuit transmission line project valued at approximately INR 900 crore (USD 120 million) from Power Grid Company of Bangladesh Limited (PGCB). This 120-km length project from Barapukuria to Bogura […] Read more