HK Electric to Develop Hong Kong’s First Offshore Wind Farm Updated On Mon, May 9th, 2022 by Saurenergy Hong Kong may get to witness its first offshore wind energy farm coming up in 2027 as HK Electric has announced that it has plans to develop an offshore wind farm southwest of Lamma Island. HK Energy said that an application for variation of an environmental permit for the proposed project has been approved by […] Read more
TATA Power Q4 Results Stay Strong, Eyes Faster Renewables Additions Updated On Sat, May 7th, 2022 by Saurenergy Tata Power Company reported a 31.4 percent year-on-year growth in consolidated profit at Rs 632 crore for the quarter ended March 2022. Revenue from operations grew 15.4 percent to Rs 11,960 crores during the quarter. The company has reported total income of Rs. 12219.36 crores during the period ended March 31, 2022 as compared to […] Read more
Renewable Energy Supply Increases By 15.5 GW: CEEW-CEF Updated On Fri, May 6th, 2022 by Saurenergy New capacity addition of non-hydro renewable energy increased to 15.5 GW during FY22, according to the latest edition of the CEEW Centre for Energy Finance (CEEW-CEF) market handbook on May 6. Compared to 7.7 GW installed in the previous FY, it is quite an improvement. However, it is a poor consolation given India has the […] Read more
Tata Power Renewables to get Rs 4,000 crore Investment from BlackRock, Mubadala Updated On Mon, Apr 18th, 2022 by Saurenergy Tata Power Renewable Energy Ltd has raised Rs 4,000 crore to build a comprehensive platform to achieve its renewable sector ambitions in India. In a statement filed with exchanges, it has shared that a binding agreement has been signed by Tata Power and the BlackRock Real Assets-led consortium under which BlackRock will invest in Tata […] Read more
Goodwe-HT-250KW*10 inverters commissioned at Century Plyboard Industries Ltd Updated On Wed, Apr 13th, 2022 by Saurenergy Chinese solar PV inverters manufacturer GoodWe has partnered with Century Plyboards Ltd., an Indian manufacturer, seller and exporter of plywoods, laminates, doors, PVCs and veneers, to help the latter contribute to environmental longevity and enhance its renewable footprint. Century Plyboards (India) Ltd. offers plywood products under the brand name Century Ply and exports its range of products to over […] Read more
Deal & Capital Structuring Updated On Wed, Apr 6th, 2022 by Saurenergy The company is looking to recruit an ambitious and energetic professional to join its Deal and Capital Structuring team working to maximise the profitability and robustness of candi’s products whilst optimizing the cost and terms of capital to finance those products, thereby helping candi to lead the revolution of solar for SMEs. The successful applicant […] Read more
Karnataka Renewable Energy Policy Approved By State Cabinet Updated On Thu, Mar 31st, 2022 by Saurenergy The Cabinet of the State Government of Karnataka has cleared the Karnataka Renewable Energy Policy for the period of 2022-2027, that seeks to maintain the state’s reputation as a renewable energy leader. The policy says that in the next five years, Karnataka will have a renewable power generation capacity of 10 GW. The policy wants […] Read more
Bulgaria May Add 4.9 GW of Renewable Energy by 2031 Updated On Wed, Mar 30th, 2022 by Saurenergy According to a draft plan created by the Electricity System Operator (ESO), the transmission authority of Bulgaria, the country is expected to see an increase of 5.9 GW in the overall national power capacity by 2031. Out of this, 4.9 GW is expected to come from renewable sources. The ESO document says that the total […] Read more
India replaces China in Agreement with Sri Lanka to Build 3 RE Farms Updated On Wed, Mar 30th, 2022 by Saurenergy India has signed a Memorandum of Understanding with Sri Lanka to build hybrid power projects in the island country, a joint statement has revealed. The development has come after the Sri Lankan government ousted the Chinese company approved last year from these very projects recently. The projects envisage the construction of three wind turbine farms […] Read more
