India’s RE Sector Saw FDI Equity Investment of USD 6,137.39 Mn in Last 3 Financial Years Updated On Wed, Dec 20th, 2023 by Saurenergy The Minister for New & Renewable Energy and Power, R.K. Singh, disclosed measures taken to entice Foreign Direct Investment (FDI) into India’s renewable energy sector. Currently, India’s FDI policy permits up to 100% investment in the renewable energy sector through the automatic route. According to the Department for Promotion of Industry and Internal Trade (DPIIT), […] Read more
“We Are Targeting To Achieve Installation Of 10+ GW Quantum by 2030”, Naresh Mansukhani, Juniper Green Energy Updated On Wed, Dec 13th, 2023 by Saurenergy Juniper Green Energy has been in the news for all the right reasons in the recent past, as the firm led by its founder and CEO Naresh Mansukhani, closed a major $350m deal with the AT Capital group and Vitol in September this year. Now part of the AT group, Juniper Green Energy, based out […] Read more
Wind Energy Takes Centre Stage at COP28 Updated On Tue, Dec 5th, 2023 by Saurenergy COP28, being held in Dubai, has served as an ideal platform seeing major wind firms and countries join hands on noteworthy agreements on the setting up of wind farms. These agreements run into several gigawatts. 1 GW TotalEnergies AoI On the COP28 platform, French firm, TotalEnergies has entered into an agreement on investment (AoI) with […] Read more
Bihar State Power Generation Company Ltd to Procure Power for 10 MW Floating PV Updated On Fri, Dec 1st, 2023 by Saurenergy Bihar State Power Generation Company Ltd (BSPGCL) has issued a tender for the procurement of power through tariff-based competitive bidding from grid-connected 10 MW (AC) floating solar PV power project to be set up under RESCO mode over the Reservoir of Phulwaria Dam at Rajauli, Nawada in the state of Bihar. The Earnest Money Deposit […] Read more
Gujarat Fuels Renewable Energy Capacity Goals by Partnering with International Firms Updated On Fri, Dec 1st, 2023 by Saurenergy Gujarat has signed various MoUs with the intention of accelerating the realization of its renewable energy capacity goals. The state has joined hands with Australia-based MeOH Giga Battery and Australian Premium Solar Pty Ltd. Australian Premium already has a manufacturing unit in Gujarat to give an impetus to its renewable energy capacity goals. Indian firms […] Read more
EU Action Plan Proposes 40% Investment In Electricity Grids Till 2030 Updated On Wed, Nov 29th, 2023 by Saurenergy The European Union (EU) Commission released an ‘Action Plan’ which supports the European Green Deal. The Commission’s proposed action plan aims at supporting the Europe’s electricity demand, which is expected to increase by 60% till 2030. The prosed system is expected to help deliver a digitalized, decentralized and flexible system. It claims to accommodate millions […] Read more
Tata Power Renewable Energy Gets LoA For Supply of 200 MW From SJVN Updated On Wed, Nov 29th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), a subsidiary of The Tata Power Company Limited, has received a Letter of Award (LOA) for developing a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project with SJVN Limited (SJVN). SJVN is an Indian public sector undertaking (PSU) involved in hydroelectric and renewable power generation and transmission. It […] Read more
GUVNL Looks to Procure 500 MW Hybrid Renewable Power Updated On Tue, Nov 28th, 2023 by Saurenergy Gujarat Urja Vikas Nagam Limited (GUVNL) has issued a tender seeking developers for a hybrid solar-wind projects. The state-utility sought to purchase the clean power from this hybrid project through competitive bidding process (followed by reverse e-auction). As per the tender documents of this 500 MW hybrid renewable energy projects (Phase I), GUVNL will also […] Read more
France’s Fifth PPE2 Auction Round Awards 931.3 MW Capacity Updated On Tue, Nov 28th, 2023 by Saurenergy 54 onshore wind projects have been awarded deals in the recent onshore wind tender that had been floated by France. The fifth PPE2 auction, which is France’s multi-year energy procurement programme, was slightly oversubscribed at a capacity of 931.3 MW, exceeding the target set at 925 MW. The average cost at which the projects were […] Read more
