ReNew Contracts 5 PPAs Worth 2.2 GW, 438 MW Corporate PPA Updated On Fri, May 10th, 2024 by Saurenergy Underlining its continued progress with key objectives like a larger portfolio and inroads into the corporate PPA market, ReNew, one of India’s leading renewable energy companies, has announced the signing of five Power Purchase Agreements (PPAs) totaling ~2.2 GW of RE capacity. These significantly expand its fully contracted renewable energy portfolio that now stands at […] Read more
EMotorad To Construct Integrated E-Cycles Gigafactory In Pune Updated On Thu, May 9th, 2024 by Saurenergy Electric vehicle company EMotorad has announced it will expand its existing manufacturing unit in Pune. India will be home to two of the world’s biggest gigafactories, one for Ola Electric two-wheelers and the other for EMotorad e-cycles, said the company. According to EMotorad the gigafactory is spread across 2,40,000 sq ft in phase 1 and […] Read more
Pakistan A Step Closer To 1.3 GW Renewable Project Updated On Thu, May 9th, 2024 by Saurenergy Pakistan, where despite a horrendous power grid situation and ideal conditions for solar, renewable energy beyond Hydro has simply not been allowed to take root, might finally be moving towards a GW scale renewable project. The country’s grid has been paralysed with issues linked to its ‘circular debt’, leading to extended blackouts, and a stealthy […] Read more
Tata Power Results In Line With Expectations, Q4 Profits Up 18% Updated On Wed, May 8th, 2024 by Saurenergy Tata Power has announced its Q4 results. During the year, the firm owned its highest-ever PAT of ₹ 4,280 crore and Revenue of ₹ 61,542 crore for FY24 Q4 FY24 PAT up 18% to ₹ 1,109 crore, making it the 18th consecutive quarter of PAT growth During the quarter, the company’s renewables portfolio crossed the […] Read more
Magenta Mobility & Switch Mobility Signs MoU To Procure 500 SWITCH IeV4 Updated On Wed, May 8th, 2024 by Saurenergy Integrated electric mobility solutions provider Magenta Mobility and Switch Mobility, the electric vehicle arm of the Hinduja Group have signed an MoU to procure 500 SWITCH IeV4 (Intelligent EV) over two years. The MoU was signed by Maxson Lewis, Founder & CEO of Magenta Mobility, and Mahesh Babu, CEO of Switch Mobility in the presence […] Read more
JSW Energy Q4 Results- Renewables Pipeline Climbs to 3.4 GW, WTG Manufacturing In Works Updated On Wed, May 8th, 2024 by Saurenergy JSW Energy Limited reported its results for the quarter (“Q4 FY24” ) and the financial year FY24 ended March 31, 2024, on May 7. FY2024 – Delivering Sustainable Growth JSW Energy delivered a strong performance in FY24, achieving the highest-ever EBITDA of ₹5,837 Crore. The company made significant strides towards the outlined target of 20 […] Read more
Waaree Energies Appoints Amit Paithankar As Its New CEO Updated On Tue, May 7th, 2024 by Saurenergy Waaree Energies Ltd has announced the appointment of Amit Paithankar as its new Chief Executive Officer (CEO). The renewable firm in a media statement today said that with his career spanning over two decades, Paithankar brings significant experience in driving growth, innovation, and sustainability in his practices, “In his new role as Chief Executive Officer […] Read more
Juniper, SJVN Ink PPA To Setup 1GW RE Projects Across Two States Updated On Tue, May 7th, 2024 by Saurenergy Juniper Green Energy today announced a Power Purchase Agreement (PPA) with SJVN, securing a 320 MW firm and dispatchable renewable energy contract. This agreement sets the stage for the development of approximately 1 GW of capacity across two states– Gujarat and Rajasthan. The company said, “This 25-year PPA, secured at a tariff of ₹4.38 with […] Read more
Sri Lanka Inks 20-Year Wind Power Deal With Adani Green Energy Updated On Tue, May 7th, 2024 by Saurenergy Sri Lanka has signed a deal with Adani Green Energy Limited (AGEL) for a power purchase agreement for 20 years, the country’s cabinet statement read. The company will be paid 8.26 cents per kilowatt-hours (kWh) as per the agreement for the wind energy projects it has developed, the cabinet statement said. The Sri Lankan Cabinet […] Read more
