Sterlite Copper to Source 16 MW Hybrid Renewable Power from Serentica Renewables Updated On Thu, May 25th, 2023 by Saurenergy A power delivery agreement (PDA) has been signed between Serentica Renewables India Pvt (SRIPL) and Sterlite Copper, a subsidiary of Vedanta. The agreement paves the way for Sterlite Copper to source hybrid renewable power of 16 MW capacity for its copper operations in Silvassa. The hybrid project will be established on a captive model. It […] Read more
Vibrant Energy, Saint-Gobain Sign PPA for Round-the-Clock Renewable Energy Updated On Wed, May 17th, 2023 by Saurenergy Corporate renewable energy solutions provider Vibrant Energy and Saint-Gobain India have entered into a long-term PPA for the delivery of round-the-clock wind-solar hybrid energy to Saint-Gobain facilities in India. Vibrant Energy is a portfolio company of Macquarie Asset Management’s Green Investment Group (MAM-GIG). As a part of the PPA, Vibrant Energy will set up 75 […] Read more
MRF To Buy 19% Stake In First Energy For Solar Power Purchase Updated On Wed, May 17th, 2023 by Saurenergy Global vehicular tyre manufacturer MRF has said it will be picking up a stake of upto 19.10 per cent in First Energy 4 Pvt Ltd. The contract value disclosed by MRF in the announcement has been estimated to be Rs 13.09 crore. The renewable energy firm develops, constructs, operates, and maintains renewable energy-based power plants […] Read more
NTPC Arm Bags 500 MW of RE Project from REMCL; Project Nine Renewable Power & Sprng Akshya Urja Other Winners Updated On Fri, Apr 28th, 2023 by Saurenergy REMCL (Renewable Energy Management Company) had declared the results for a 1000 MW renewable energy project. Of the 1000 MW capacity, 900 MW has been tendered. Energy conglomerate NTPC has announced that its arm NTPC Renewable Energy (NTPC-REL) has won a 500 MW renewable energy round-the-clock (RE-RTC) project of the tendered capacity. Sprng Akshya Urja […] Read more
As Global Wind Turbine Manufacturers Face Headwinds Over Failures, Should India Firms Worry? Updated On Tue, Jan 31st, 2023 by Saurenergy Last year, as turbine manufacturers in the US and Europe announced job cuts, the cuts were blamed on the increasing cost of raw materials (like microchips) and inflation putting pressure on bottomlines. GE Renewables and Siemens Gamesa were the headline grabbers, hoping they had seen the last of a tough year. Vestas, the third of […] Read more
Singapore’s Sembcorp Signs Pact To Acquire Vector Green Energy For Rs 2780 Crore Updated On Mon, Nov 14th, 2022 by Saurenergy Singapore-based Sembcorp Industries has announced that its wholly-owned subsidiary, Sembcorp Green Infra Limited, has signed an agreement with India Infrastructure Fund II to acquire 100 per cent interest in Vector Green Energy Private Limited for a base equity consideration of approximately Rs 2780 crore (approximately S$474 million). India Infrastructure Fund II is a fund managed […] Read more
Siemens Energy Announces €4 Billion Tender Offer For Siemens Gamesa Updated On Wed, Nov 9th, 2022 by Saurenergy Spanish stock market regulator CNMV (Comisión Nacional del Mercado de Valores) has announced that it has authorised the EUR 4.05 billion ($4 billion) bid of Siemens Energy for the purchase of the shares in Siemens Gamesa which is a registered entity in Spain. A third of the shares in Siemens Gamesa is not owned by […] Read more
Greentech Gets O&M Deal for Wind Turbines of Enel Green In Gujarat Updated On Mon, Sep 5th, 2022 by Saurenergy Coimbatore-based renewable energy player Greentech and Italian energy firm Enel Green Power have signed an agreement under which Greentech will handle operations and maintenance of wind turbines installed and commissioned by Enel Green in the state of Gujarat. The Enel wind farm has a power generating capacity of 150 MW and it employs 100 Suzlon […] Read more
Surat Municipal Body Saves Rs 65 Cr, Thanks To Renewable Power Updated On Thu, May 26th, 2022 by Saurenergy Setting up an example as to how renewable energy can help the government to save on its scarce revenue, Surat Municipal Corporation (SMC) in Gujarat has saved Rs 65 crore by the optimal use of solar power. The SMC has solarized as many as 60 of its offices in multiple departments with solar power panels. […] Read more
