Apraava Energy Bags Two Green Energy Interstate Transmission Projects in Rajasthan Updated On Thu, Aug 3rd, 2023 by Saurenergy Apraava Energy, a leading integrated energy solutions provider, has been awarded two interstate transmission projects in Rajasthan under the GoI’s tariff-based competitive bidding process. In line with the Transmission Service Agreement executed by the SPVs, the projects will be developed by Apraava under BOOT (build, own, operate and transfer) model. The projects are part of […] Read more
Five Indian States Take 87% Of PM-KUSUM Benefits Updated On Wed, Aug 2nd, 2023 by Saurenergy Latest data from the government claims that Rajasthan, Haryana, Uttar Pradesh, Punjab, and Madhya Pradesh account for 87.24 percent of the total benefits under the PM-KUSUM scheme. It is indicated from the total number of solar pumps installed under Component B of the scheme. The statistics up to June 30, 2023, claimed that India installed […] Read more
Swiss Storage Firm Energy Vault Commissions First Gravity Energy Storage System In China Updated On Wed, Aug 2nd, 2023 by Saurenergy The world’s first grid-scale EVx™ gravity energy storage system (GESS) has entered the first phases of commissioning. Energy Vault Holdings, a firm that delves in sustainable, grid-scale energy storage solutions, has announced the commissioning of the project, along with its partners Atlas Renewable and China Tianying (CNTY). Located outside of Shanghai in Rudong, Jiangsu Province, […] Read more
Thermal Energy Accounted For 76% Of India’s Electricity Generation Updated On Wed, Aug 2nd, 2023 by Saurenergy The latest renewable energy generation report from the Central Electricity Authority (CEA) for June claimed that renewable energy generation improved in the month. The data claimed that by the end of June 30, India had a total installed capacity of 176,242 MW (including large hydro). In contrast, the total energy generation from renewable sources during the month […] Read more
With Recent Project Additions, Juniper Green Energy Exceeds 1.2 GW Renewable Capacity Updated On Wed, Aug 2nd, 2023 by Saurenergy Juniper Green Energy, an independent renewable energy power producer and operator of solar, wind and hybrid power projects, has crossed 1.2 GW of renewable energy capacity with the recent PPAs/ LOAs secured in the last few months. Projects Won Through Competitive Bidding The firm has been recently awarded 190 MW of wind capacity from GUVNL […] Read more
China Surpasses Coal with 1.32 Billion Kw of Renewable Capacities Updated On Tue, Aug 1st, 2023 by Saurenergy China achieved a significant milestone in its renewable energy sector by the end of June this year. Its installed capacity reached an impressive 1.32 billion kilowatts (Kw), surpassing coal-fired thermal power generation. This record-breaking capacity accounted for 48.8 percent of the country’s total installed power generation capacity. According to data from the National Energy Administration […] Read more
Adani Green Reports 55% Spike In Revenue From Power Supply In Q1 Fy24 Updated On Mon, Jul 31st, 2023 by Saurenergy Adani Green Energy Limited, the green energy developer arm of the Adani Group, has reported it’s results for the June quarter (Q1) of Fy-23-24. Revenue from Power Supply up by 55% YoY to Rs. 2,059 Cr in Q1 Fy24, versus Rs 1328 crores in Q1 Fy23. Operational Capacity increases by 43% YoY to 8,316 MW […] Read more
Adani’s New Energy Arm In Trade Finance Facility For $394m Updated On Fri, Jul 28th, 2023 by Saurenergy Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […] Read more
Low Carbon Secures £400 Mn Investment from MassMutual for Renewable Energy Updated On Thu, Jul 27th, 2023 by Saurenergy Renewable energy developer Low Carbon has secured £400m from its strategic partner Massachusetts Mutual Life Insurance Company to invest in renewable energy projects across the UK, Europe and North America. The £400m capital commitment from MassMutual will provide liquidity for Low Carbon’s pipeline of projects up until 2025. Announced in November 2021, the strategic partnership […] Read more
