The 5 Questions 2023 Could Answer for Renewable Energy in India Updated On Tue, Feb 21st, 2023 by Saurenergy India has over 174 GW of installed renewable capacity, including large hydropower at the conclusion of December 31, 2022. Solar power constituted the largest share of about 64 GW of the total. Wind power (41.9 GW), large hydro (46.85 GW), biomass/co-generation (10.2 GW), small hydro power (4.93 GW), and waste to energy with 0.52 GW […] Read more
ReNew Q3 FY23 Results- Net Loss Shrinks 36%, Revenues Up 19% Updated On Mon, Feb 20th, 2023 by Saurenergy ReNew Energy Global Plc , which now terms itself a global decarbonisation solutions company, announced its consolidated results for Q3 FY23 and nine months ended December 31, 2022 last week. Operating Highlights: As of December 31, 2022, the Company’s portfolio consisted of 13.4 GWs, a 30.2% increase year on year, of which 7.8 GWs are […] Read more
India Will Blacklist Renewable Energy Companies for Missing Deadlines Updated On Fri, Feb 17th, 2023 by Saurenergy The Union Ministry of New and Renewable Energy (MNRE) has issued an order which says that renewable energy firms could be blacklisted in case they fail to meet deadlines to complete renewable energy projects. The order states that the blacklisting will be for a period of three to five years. India has introduced blacklisting of […] Read more
ReNew Power Is Now ReNew, As Firm Seeks A Bigger Canvas Updated On Mon, Feb 13th, 2023 by Saurenergy NASDAQ listed Renew Power has a new name, logo and domain now. The firm has made a serious statement of intent with a shift to the more generic ReNew along with the matching domain, at ReNew.com. The changes are being accompanied with the firm’s transition from being just an energy player to a firm seeking […] Read more
In Double Delight For RE Developers, R.K. Singh Confirms ALMM Exemption, CERC Relaxes DSM Conditions Updated On Sun, Feb 12th, 2023 by Saurenergy The Union Cabinet Minister and the Minister of Power and New & Renewable Energy, R.K. Singh has confirmed that a 2 year exemption for buying exclusively from ALMM (Approved List of Module Manufacturers) will be coming for large renewable energy projects. Speaking at a conference, Singh, while taking credit for introducing the idea of expanding […] Read more
Tracker Maker Nextracker Set To Close Major Stock Offering Updated On Thu, Feb 9th, 2023 by Saurenergy Leading tracker and software firm Nextracker has priced its stock offering at $24, the upper end of the price band indicated earlier. The pricing indicates strong demand among investors, besides the strong outlook for growth in it’s home market in North America and beyond. Expected to raise about $638 million by selling 26.6 million shares […] Read more
Polysilicon Maker REC Silicon In 10 year Deal With Hanwha In US For Supplies Updated On Fri, Feb 3rd, 2023 by Saurenergy Norwegian Polysilicon manufacturer REC Silicon has entered into a 10-year agreement with South Korean conglomerate Hanwha Solutions to offer fluidised bed reactor (FBR) polysilicon. REC’s two U.S.-based plants have a capacity of more than 20,000 MT of high-purity polysilicon. Readers will recall that the US had imposed severe restrictions on sourcing modules from firms that […] Read more
Gujarat Tableau At R Day Parade To Underline Its Leadership In Clean Energy Updated On Wed, Jan 25th, 2023 by Saurenergy ‘Clean-Green Energy Efficient Gujarat’ will be Gujarat’s theme for the Republic Day parade tableau to be held in New Delhi on January 26, an official release said earlier this week. The announcement in many ways underlines the vital role the state is going to play in India’s clean energy plans. Blessed with a long coastline […] Read more
NTPC Issues BOS Tender for ISTS Connected Wind Projects Worth 1 GW in Gujarat Updated On Tue, Jan 24th, 2023 by Saurenergy The wholly-owned subsidiary of NTPC, NTPC Renewable Energy has issued a mega tender for the balance of system package of ISTS-connected wind power projects worth 1 GW in Gujarat. The tender marks one of the larger push for onshore wind in India, a sector that has been noticeably lagging solar power growth in the past […] Read more
