Tongwei Becomes First Chinese PV Maker in Fortune 500 List Updated On Mon, Aug 7th, 2023 by Saurenergy China’s Tongwei Group, a powerhouse in the solar manufacturing space made its debut on the Fortune 500 list of 2023 with a revenue of CNY 2148.82 billion and ranked 476th, becoming the first photovoltaic company in the world to enter the Fortune Global 500. At the same time, Tongwei Group ranked 34th on the Return on […] Read more
Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest Updated On Mon, Aug 7th, 2023 by Saurenergy Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […] Read more
NTPC Gung Ho On Renewables Targets, Sees Bigger Opportunities Open Up Updated On Mon, Aug 7th, 2023 by Saurenergy National Power Utility NTPC Limited has been in the news for all the right reasons recently. A soaring stock price has been driven by rising power demand, which has meant higher utilisation of NTPC’s coal power fleet, even as NTPC itself has extracted almost 65% higher coal during the year gone by. That, plus a […] Read more
1 TW Renewable Potential in Egypt: A Game-Changer or a Distant Dream? Updated On Fri, Aug 4th, 2023 by Saurenergy Egypt has the potential to produce electricity capacity of 350 gigawatts (GW) from wind energy and 650 GW from solar energy, the Minister of Electricity and Renewable Energy Mohamed Shaker suggested at the fourth edition of the round table on the green hydrogen industry in Egypt, chaired by Egypt’s Prime Minister Mostafa Madbouly. The claim […] Read more
KPI Green Energy Emerges Winner for 200 MW Project in GUVNL Tender Updated On Fri, Aug 4th, 2023 by Saurenergy KPI Energy has emerged as the winner in the Gujarat Urja Vikas Nigam Limited (GUVNL) tender for development of a solar photovoltaic power project. The firm had participated in the competitive bidding process for the “Purchase of power through competitive bidding process vide RFS No. GUVNL / 800 MW / Khavda / Solar (PhaseXX)” issued […] Read more
A Case For Green Financing For More Transmission Infrastructure Updated On Fri, Aug 4th, 2023 by Saurenergy In a provocative blog on the importance of the transmission sector and its role in the energy transition, two world bank staffers make the case for expanding the definition of green projects when it comes to transmission projects, to ensure faster adaption of these vital infrastructure to handle green energy projects. The article comes at […] Read more
Sterling and Wilson Renewable Energy Continues Its Revival With Big Order Wins Updated On Fri, Aug 4th, 2023 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWRE or SWSOLAR) the leading renewable EPC, announced that it has won orders worth INR 826 crore in the first four months of FY 2023-24. The orders aggregate to around 1 GWp and include projects in Rajasthan, Uttar Pradesh and Gujarat. Scope of work for all projects include design, […] Read more
NTPC Calls Bidders to Develop 110 MW Wind Power Project at Gujarat Updated On Thu, Aug 3rd, 2023 by Saurenergy NTPC Renewable Energy, a wholly-owned subsidiary of NTPC, has issued a tender seeking bidders towards the development of a 110 MW ISTS connected wind energy project at Khavda NTPC Renewable Energy Park, Gujarat. The last day to submit bids is September 7, 2023. Bid opens on September 7, 2023. Scope of Work The scope of […] Read more
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
