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KPI Green Energy Bags 40 MW Hybrid Project in Gujarat

Independent Power Producer KPI Green Energy has received a letter of intent for developing a 40 MW hybrid green energy project that will come up in Gujarat. The capacity entails 21.50 MW wind and 18.5 MW solar, as per the firm. The 40 MW hybrid project bagged by KPI has been awarded by Anupam Rasayan […]

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Faster RE Deployment In West Africa Could Save Millions By 2030-Wärtsilä Study

Speaking last week at the West Africa Energy Transition Forum in Dakar in the presence of key energy decision-makers, experts from Wärtsilä shared insights on the impact renewables will have on power system cost, flexibility, and stability in West Africa. They presented the results of their latest study which investigates Senegal’s optimal power system expansion. […]

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Our cleantech product diversification has increased: PK Jain, Microtek

 Praveen Kumar Jain, Business Head (Solar) at Microtek speaks to Saur Energy on the issue of product diversion of Microtek. The firm has now increased their product range from inverters to battery storage systems for renewable energy and others.

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ReNew Reports 47% Growth In Total Income In Q4 On YoY-Basis

Renewable energy company Renew announced its Q4 and FY23 results today, indicating its growth in renewable capacities and total incomes. A release from the cleantech company said by the end of March 31 this year, the company’s portfolio stood at 13.7 Gigawatt (GW). It reported a total of 28.2 percent increase year-on-year (YoY). It claimed […]

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Serentica Partners for Contracts Worth INR 10,000 cr for Phase 1 of RE Projects

Renewable energy platform Serentica Renewables has announced successful placement of contracts worth INR 10,000 crore for its upcoming renewable energy projects. The contracts placed upon leading renewable energy solution providers will enable Serentica to develop 1.5 GW of renewable energy capacity in India. Serentica is setting up solar and wind capacities across the states of […]

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Envision Energy Bags 1.67 GW Turbine Order for NEOM Green Hydrogen

Chinese turbine maker Envision Energy has signed a contract to supply 1.67 GW wind turbines for NEOM Green Hydrogen Company, the world’s largest utility-scale green hydrogen plant. This plant will be powered entirely by renewable energy. The mega plant is located at Oxagon, Saudi Arabia’s region of NEOM. Under the contract, 171-6.5 MW wind turbines […]

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NHPC, Torrent To Invest Rs 71,000 Crore On Energy Storage, Renewable Energy In Maharashtra

Government owned hydropower major central PSU NHPC Ltd and Ahmedabad-headquartered Torrent Power have signed separate MoUs with the state government of Maharashtra for the development of storage projects and other renewable energy. With regards to the deal signed by NHPC, the central PSU said in a regulatory filing that it will establish four energy storage […]

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Queensland to Get its Largest Hybrid Renewable Park from Octopus Investments Australia

Specialist Renewables Manager Octopus Investments Australia has made the acquisition for a 175 MW solar project with battery storage component in Queensland. This will be an addition to the existing wind farm and will pave the way for the largest multi-technology renewable energy hub in the state. The Ardandra photovoltaic (PV) will be constructed close […]

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Traded Power Prices Drop 30% YOY At IEX To Rs 4.74/unit In May

In a good sign for India’s summer months, power trading prices at the largest power exchange in the country, IEX, dropped 30% YOY to Rs 4.74/unit in May. During the month, the exchange enabled 8,251 MU (million units) of power trades. The green market trades at 358 MU, 1.42 lac Renewable energy certificates (RECs equivalent […]

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