Adani to Acquire SB Energy’s 5 GW Portfolio in India’s Largest Renewables M&A Deal Updated On Wed, May 19th, 2021 by Saurenergy Adani Green Energy has signed agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank & Bharti Group Adani Green Energy Limited (AGEL), has announced that it has signed the share purchase agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank Group (80 percent) […] Read more
Adani Green Energy Posts 136% Increase in Cash Profit for FY21 Updated On Thu, May 6th, 2021 by Saurenergy Adani Green Energy, a part of the Adani Group, has announced its financial results for the quarter and financial year ended March 31, 2021. The company has reported strong numbers across its value chain including cash profit and awarded capacity in national tenders. Financial Performance: The firm reported that revenue from Power Supply in FY21 […] Read more
Adani Green Completes Rs 133 crore Spinel Energy Buyout Updated On Tue, Mar 30th, 2021 by Saurenergy Adani Green Energy has completed the acquisition of Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures. The deal, which was announced on January 21 first, was formally completed last week. The enterprise value of the all cash deal has been put at Rs 133 crores. For Adani Green, the acquisition is another […] Read more
Net-Zero Emissions in India Possible by 2050, but Challenging: Report Updated On Wed, Mar 24th, 2021 by Saurenergy A new report has assessed India’s technology & policy options if it were to accelerate its transition to a net-zero emissions system by 2050 To reach a net-zero emissions energy system by 2050, India needs a suitable policy and innovation-driven context to deploy clean energy technologies on a massive scale. It requires more and faster […] Read more
Magenta & HPCL Install First set of Street Lamp Integrated EV Chargers Updated On Thu, Mar 4th, 2021 by Saurenergy The “ChargeGrid Flare” street lamp integrated EV chargers, an initiative by HPCL and Magenta, has opened at HPCL outlets in Mumbai and Delhi. The “ChargeGrid Flare” street lamp integrated EV chargers, a unique initiative by HPCL and Magenta, is all set to open at HPCL Bandra Kurla Complex outlet in Mumbai and Nitimarg T&E outlet […] Read more
NITI Aayog Drafts RfP for Setting up Advance Chemistry Cell Manufacturing Facilities Updated On Thu, Nov 12th, 2020 by Saurenergy Niti Aayog has issued the draft RfP for the selection of private entities to set-up manufacturing facilities that produce Advance Chemistry Cells (ACC). The Government of India through the Department of Heavy Industry (DHI) intends to develop giga-scale advance cell manufacturing for domestic application and promotion of diverse energy sources, to ensure overall energy security […] Read more
LAUNCHING- Solis 255K “More Than BIG” on 22nd July 2020 Updated On Mon, Jul 20th, 2020 by Saurenergy 2020 is the year when the photovoltaic industry moves from subsidy to parity, and also the year of great technological change! Since the beginning the year, at least 7 companies have released new PV modules, with the power moving from 500W to 600W+! At the same time the renewable industry in India is witnessing aggressive […] Read more
8 GW Project On Offer In NSW, Australia, After Success with May 3 GW Project Updated On Tue, Jul 14th, 2020 by Saurenergy New South Wales, whose state capital Sydney is the largest financial and commercial centre in Australia, has announced its second 8 GW Renewable Energy Zone (REZ). the new announcement follows the success the state had with it first such zone, that was announced in May this year was for a capacity of 3 GW, and […] Read more
Renewables Unaffected as Thermal Generation Suffered Amid Lockdown: India Ratings Updated On Wed, May 6th, 2020 by Saurenergy The decrease in demand has seen electricity generation from all sources (excluding renewables) take a hit in March 2020 with thermal generation at the front. According to a new analysis, the power demand in India declined for March and April amid the COVID-19 led lockdown, however, with the decrease in demand, electricity generation from all […] Read more
