India Needs Over A Million Additional Engineers by 2050 for RE Vision: IREDA Chief Updated On Mon, Dec 23rd, 2024 by Saurenergy Pradip Kumar Das, Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA), addressed the Visionary Talk hosted by the 39th Indian Engineering Congress at Kolkata on 20th December 2024. In his address, CMD, IREDA spoke about the critical need for talent to drive the Renewable Energy sector both in India and […] Read more
Shriram Finance Consolidates Its Green Finance Business Updated On Fri, Dec 20th, 2024 by Saurenergy Shriram Finance Limited (Shriram Finance), the flagship company of the Shriram Group has announced consolidating all its green financing initiatives under Shriram Green Finance. These financing services will be dedicated to funding initiatives beyond electric vehicles. With this step, the firm has planned to diversify its funding portfolio. Shriram Green Finance consolidates the green finance […] Read more
Electricity Costs: India’s Lowest and Most Expensive States, The Global Picture Updated On Fri, Dec 20th, 2024 by Saurenergy A lot of factors influence the per unit electricity costs in a country. The prices are heavily influenced by factors that include the country’s geographical location, geological makeup, level of development and technological advancement, and whether it is a high-, middle-, or low-income nation. The rise of renewable power through the recent decades has also […] Read more
News In Brief Dec 19: RWE’s 10 GW Milestone, Exide Picks Honeywell, Envision’s Storage Win Updated On Thu, Dec 19th, 2024 by Saurenergy RWE Owned, Operated Clean Generation Assets Reaches 10 GW In US RWE, a leading global energy company, has reached significant growth in the U.S. after hitting 10 gigawatts (GW) of installed generation capacity of onshore wind, solar, and energy storage facilities in operation from coast to coast. The company owns and operates a diverse portfolio of more than […] Read more
Indian Renewable Energy Lending Up By 60%, Says CFA Report Updated On Thu, Dec 19th, 2024 by Saurenergy The latest report from the Centre for Financial Accountability (CFA) said that lending for renewable energy projects in India has increased. CFA released its seventh annual Coal Versus Renewables Investment report today, shedding the light on the issue. The report, which traditionally looked at project finance lending to coal, solar, and wind, increased its scope […] Read more
MNRE Denies RE Projects Failing To Secure PPAs Updated On Thu, Dec 19th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) claimed that renewable energy projects in the country are not failing to secure Power Purchase Agreements (PPAs). Shripad Yesso Naik, Minister of State (MoS) for New and Renewable Energy, addressed the issue of unsold renewable energy in a written statement before the Parliament. This follows reports that […] Read more
Inox Wind Wins 60 MW Order From Serentica For Karnataka Project Updated On Wed, Dec 18th, 2024 by Saurenergy Inox Wind Limited (IWL), a wind energy solutions provider, today announced bagging a 60 MW order from Serentica Renewables (Serentica), a commercial and Industrial (C&I) focused renewable energy company in India. This order is to supply 3 MW class turbines and will be delivered within H1 CY25. Additionally, IWL will provide multi-year post-commissioning Operations and […] Read more
IMFA Invests Rs 83.26 Crores In JSW Energy Hybrid Project Updated On Wed, Dec 18th, 2024 by Saurenergy The Odisha-based Indian Metals & Ferro Alloys (IMFA), has entered into a joint venture with JSW Green Energy. Under the collaboration, the ferrochrome integrated producer would source renewable energy for its smelting operations. IMFA signed a binding term sheet with JSW Green Energy One and JSW Green Energy Seven and will invest Rs 83.26 crores […] Read more
Renewable Cost Analyst Updated On Tue, Dec 17th, 2024 by Saurenergy The Renewable Systems and Technology team is responsible for developing and managing cutting-edge market intelligence solutions, delivered through our comprehensive suite of software-as-a-service (SaaS) products, including price benchmarking, cost escalation, forecasting, renewable asset cost estimating, commodity exposure, supply chain risks, carbon (GHG) emissions, and much more. Our clients primarily leverage these insights for strategic planning, […] Read more