AES to provide 450 MW renewable energy to Amazon Updated On Mon, May 9th, 2022 by Saurenergy Virginia, US based AES Corporation has announced that it has entered into two renewable energy Power Purchase Agreements (PPAs) with global e-commerce and cloud giant Amazon. As part of the agreements, AES will deliver renewable energy in the CAISO (California Independent System Operator) market and source it from a combined 450 MW of solar and […] Read more
World Bank says Pakistan must call for 11GW renewable energy bids Updated On Mon, May 9th, 2022 by Saurenergy Variable Renewable Energy Competitive Bidding Study – a new study by the World Bank – has said that Pakistan will require a call for competitive bidding for over 11 GW of renewable energy solar and wind power plants between the present and 2028. The study stated that this is needed to ensure that the future […] 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
Jindal Acquires Earth Energy EV in a bid to enter EV market Updated On Sat, May 7th, 2022 by Saurenergy Jindal Worldwide has announced that it has acquired Mumbai-based EV startup Earth Energy EV through one of its subsidiaries – Jindal Mobilitric. The acquisition also marks the entry of Jindal Worldwide into the electric vehicle sector of India. The financial details of the deal are yet to be disclosed. The official statement of Jindal Worldwide […] Read more
RUMSL’s 600 MW Omkareshwar Finally Has Winners- AMP Energy, NHDC nd SJVN Updated On Sat, May 7th, 2022 by Saurenergy The much awaited tender for 600 MW floating solar (in two phases of 300 MW each) on the Omkareshwar reservoir in Madhya Pradesh has finally seen AMP Energy, NHDC and SJVN winning with bids of Rs 3.21, Rs 3.22 and Rs 3.26/unit respectively. For AMP Energy and SJVN this is the second project win this […] Read more
Actis Forms Blupine Energy to Develop renewable energy in India Updated On Fri, May 6th, 2022 by Saurenergy Actis has incorporated Blupine Energy Pvt Ltd, a company in India to develop renewable energy projects and store assets in India. In June, 2021, Actis had officially incorporated Blupine Energy in which the paid up capital was Rs 16 crore. Reports say that Bluline will become active immediately with a corpus of funds amounting $800 […] Read more
50% of Power In Spain Comes From Renewables In April Updated On Fri, May 6th, 2022 by Saurenergy Span’s national grid operator Red Electrica de Espana has informed in its estimates report that Spain had produced a little over half of its electricity from renewable sources of energy last month. It said that in April the Spanish power coming from clean sources was 50.1 per cent. It has higher than what was produced […] 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
FIMER to showcase Its PV and EV solutions at Intersolar Europe 2022 Updated On Fri, May 6th, 2022 by Saurenergy FIMER, a household name in solar inverters and electric mobility systems, is geared up to showcase its pathbreaking technologies for Solar and EV markets at Intersolar Europe 2022 from 11 to 13 May in Munich, including the recently launched ‘best-in-class’ power platform for residential applications and the new powerful multi-MPPT PVS-350 string inverter for utility scale. […] Read more
