ReNew Announces $250 Million Share Buyback and Preliminary Results for Q3 FY’22 Updated On Thu, Feb 3rd, 2022 by Saurenergy Nasdaq listed ReNew Energy Global plc has announced that its Board of Directors has authorized a new $250 million share repurchase program to buy back Class A Ordinary Shares (“Share Repurchase Program”) in the capital of the Company. In addition, the Company is providing updates on certain financial metrics for the quarter and nine months ended December 31, […] Read more
AGEL Announces Q3 Results. Ebitda From Power Supply Up 56% YOY Updated On Wed, Feb 2nd, 2022 by Saurenergy Adani Green Energy Limited (AGEL), the green energy development arm of the Adani Group has announced its results for the 9 months ending December 2021. With operational capacity increasing by 83% to 5410 MW, the company has a strong set of results to show for Q3, even as the Adani group embarks on a massive […] Read more
Led by Amazon, Corporates Bought 31.1 GW Clean Energy in 2021: BNEF Updated On Wed, Feb 2nd, 2022 by Saurenergy Corporations bought a record 31.1 gigawatts of clean energy through power purchase agreements, or PPAs, in 2021, up nearly 24% from the previous year’s record of 25.1GW, according to research firm BloombergNEF (BNEF). Over two thirds of this purchasing (65%) occurred in the U.S. However, also underpinning the strong growth is a surge in activity […] Read more
Centre of Excellence for Renewable Energy in IIT Jodhpur Updated On Wed, Feb 2nd, 2022 by Saurenergy A new ‘Centre of Excellence for Renewable Energy’ has been launched in IIT Jodhpur ’s Technology Park. The new initiative is in association with the Rajasthan Solar Association (RSA) which signed a Memorandum of Understanding with the IIT. The new association of the RSA with IIT Jodhpur will pave the way for the Technology Park […] Read more
Budget 2022. Domestic Manufacturers Smile, Rest Stay With Wait And Watch Updated On Tue, Feb 1st, 2022 by Saurenergy Finance Minister Nirmala Sitharaman’s Budget 2022 announcements for the renewable sector might have seemed relatively few beyond the key announcement of an additional Rs 19500 crore the PLI scheme, but industry players have focused on the many positives beyond that. Vineet Mittal, Chairman, Avaada Group, besides highlighting the PLI move and the announcement of green […] Read more
S Korea’s Doosan Heavy Unveils 8MW Offshore Wind Turbine Prototype Updated On Tue, Feb 1st, 2022 by Saurenergy South Korea-based Doosan Heavy Industries & Construction has announced that it has completed the implementation of the 8MW offshore wind turbine prototype at the Korea Wind Power Demonstration Center, South Jeolla Province. The commissioning process will be initiated at the end of this month, after which international certification for the wind turbine will be obtained […] Read more
Wacker Chemie Rides Polysilicon Boost To Double Sales in 2021 Updated On Tue, Feb 1st, 2022 by Saurenergy One of the earliest global polysilicon manufacturers, German chemical group Wacker Chemie made the most of the massive surge in demand, and prices for key solar raw material polysilicon in 2021, which hit a decade high during the year. The firm doubled its polysilicon sales boosting earnings even as it coped with higher raw material […] Read more
Highlights from Economic Survey for RE Sector in 2021 Updated On Tue, Feb 1st, 2022 by Saurenergy The Economic Survey, which receded the annual budget of the government, is a widely anticipated document, seen more as a sort of white paper on what the government of the day considers its key achievements, and indications of the way ahead. To that extent, the latest Economic Survey document, all 442 pages of it in […] Read more
All About Metal-Air Batteries Updated On Mon, Jan 31st, 2022 by Saurenergy Metal-air batteries are an attractive technology. They are safer and have a higher energy density than other types of batteries. The application of air as a cathode helps in lowering the cost and the weight considerably. The utilization of cheap metals as an anode further assists in lowering the cost. A metal-air battery functions in […] Read more
