TPREL Commissions 126 MW Floating PV Project At Omkareshwar Updated On Wed, Nov 13th, 2024 by Saurenergy Tata Power Renewable Energy Limited (TPREL), Tata Power’s renewable energy subsidiary, today announced the formal commissioning of the Omkareshwar Floating Solar Project of 126 MW capacity. The EPC contract for this project worth Rs. 596 crore was awarded by NHDC, a joint venture of NHPC Ltd and Madhya Pradesh government to TPREL. The project vaults […] Read more
Green Stocks Nov 13: Acme Makes Tepid Debut, Reshuffle In Green Pack Updated On Wed, Nov 13th, 2024 by Saurenergy On a big day for green energy developers, one of the pioneering firms, Acme Solar finally listed on the bourses today. When we last checked, the price of Rs 255.15 which was below its cut off price of Rs 289, which will mark one of those rare occasions when a green energy stock has listed at […] Read more
COP29 Open Vaults For 1 GW Of Wind Farms For Uzbekistan Updated On Wed, Nov 13th, 2024 by Saurenergy Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, and the Ministry of Energy Uzbekistan have signed an agreement to develop a 1-gigawatt (GW) wind farm in the Mingbulak region of the country. The company said that this new wind farm is likely to create 1,000 jobs during construction and 60 […] Read more
NTPC Green To Issue IPO In The Price Band Of Rs 102 To Rs 108 Updated On Wed, Nov 13th, 2024 by Saurenergy After much wait, the green energy arm of the NTPC Group-NTPC Green Energy Limited has planned to release its Initial Public Offering (IPO) in the price band of Rs 102 to Rs 108 per equity share. The company will issue its IPO from November 19 and close it on November 22. The firm is set […] Read more
Q3 2024: Australia Sees $3.3B New RE Projects, Surpasses 2023 Record Updated On Wed, Nov 13th, 2024 by Saurenergy Australia saw strong renewable energy and storage investment in the third quarter (Q3) of 2024. According to the Clean Energy Council’s latest Quarterly Renewables Report. Australia added 1,405 MW of capacity ($3.3 billion) in new large-scale renewable generation projects during Q3 of 2024, exceeding the total in 2023. Currently, over 40 percent of Australia’s electricity […] Read more
KERC Draft Aims To Achieve 1.5% Distributed RE Mandate Till 25 Updated On Tue, Nov 12th, 2024 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC) has released a draft proposal aimed at encouraging the expedited procurement of renewable energy. It has invited comments from the stakeholders concerned on the proposal until November 27, 2024. Currently, the state has 8930.10 MW of solar, 6564.36 MW of wind energy, and 22378.34 MW of total renewable energy […] Read more
Green Stocks Nov 12: Waaree, JSW, KPI Green Stand Out As Stocks Slump Updated On Tue, Nov 12th, 2024 by Saurenergy The rush of FII selling has left India’s equity markets searching for a temporary bottom. That has meant a severe beating down of prices for many stocks, and our green brigade has not been left unscathed. Today was a day for newly listed Waaree energies to claw back the losses it suffered yesterday, as investor […] Read more
How Carbon Market Boost At COP29 Can Bolster Indian RE Sector? Updated On Tue, Nov 12th, 2024 by Saurenergy After a long wait, global leaders have approved the standards for an international carbon market at the latest COP20 at Baku in Ajerbaijan. The United Nations Framework Convention on Climate Change (UNFCCC) announced this significant development in an official release. The new UN-backed global carbon credit market is set to pave the way for increased […] Read more
India’s RE Investment Hits USD 12.4 Bn, Falls Short of 2030 Target: Report Updated On Tue, Nov 12th, 2024 by Saurenergy India’s renewable energy investment has grown to USD 12.4 billion in 2023, up from 2020. However, investment remains far below the estimated USD 200 billion required to achieve India’s goal of 500 GW of non-fossil fuel electricity capacity by 2030. According to the Zero Carbon Analytics report’s findings, to meet the 500 GW of non-fossil […] Read more
