Sprng Energy With Rs 2.51 Bid Leads Winners List in GUVNL 500 MW Solar Auction Updated On Tue, Jan 31st, 2023 by Saurenergy Sprng Energy (200 MW), ib Vogt Singapore (130 MW), Hinduja Renewables (120 MW) and Blupine (Solarcraft Power India) (50 MW) have walked away with the allotments to develop solar power for GUVNL. While Sprng bid at Rs 2.51/unit, the remaining three winners bid at Rs 2.52 per unit. The tender, released in October last year, […] Read more
NTPC Reports 5% PAT Growth YoY in Q3, Renewable Capacity Dominates Additions Updated On Sun, Jan 29th, 2023 by Saurenergy NTPC, which is India’s largest energy conglomerate, has shared its results for Q3. The entity has reported a net profit of Rs 4,854.36 crore for the October-December quarter of FY23 on Saturday, nearly 5 per cent higher as compared to Rs 4,626.11 crore in the year-ago period. The company’s board has also declared a Rs […] Read more
Nanocoating eases out cleansing of solar panels | Solarize Renewables | Intersolar 2022 Updated On Sun, Jan 29th, 2023 by Saurenergy Intersolar 2022, held at Gandhinagar, Ahmedabad, saw participation from a large number of leaders in the solar industry, even though the numbers fell drastically when compared to last year owing to the ongoing Gujarat Assembly Elections. Saur Energy International spoke to Shashank Malpande, Director, Solarize Renewables at the exhibition premises about the plans of […] Read more
Norwegian Fund To Invest $62 Million In SAEL To Help Develop 3GW Renewables Updated On Fri, Jan 27th, 2023 by Saurenergy The new Norwegian Climate Investment Fund has said that it will be investing about NOK 600 million or $62 million (Rs. 500 crores) in equity in Sukhbir Agro Energy Limited (SAEL). As per the official statement of the fund, the investment will contribute to avoiding more than 2.8 million tons of CO2 emissions. Given the […] Read more
Gujarat Tableau At R Day Parade To Underline Its Leadership In Clean Energy Updated On Wed, Jan 25th, 2023 by Saurenergy ‘Clean-Green Energy Efficient Gujarat’ will be Gujarat’s theme for the Republic Day parade tableau to be held in New Delhi on January 26, an official release said earlier this week. The announcement in many ways underlines the vital role the state is going to play in India’s clean energy plans. Blessed with a long coastline […] Read more
New Wind Energy Tower Factory To Come Up In Poland With EUR 200 Million Investment Updated On Wed, Jan 25th, 2023 by Saurenergy Spanish green energy conglomerate GRI Renewable Industries (GRI) and ARP, Poland’s Industrial Development Agency, have announced that they have signed an agreement for the launch of a joint venture company for the construction of an offshore wind tower factory in Gdansk – a Polish port city on the Baltic coast. GRI is an experienced offshore wind […] Read more
US based Hecate Energy Closes $550 Million Financing Package For Green Ambitions Updated On Wed, Jan 25th, 2023 by Saurenergy Hecate Energy, a leading developer of renewable power projects and energy storage solutions in the United States, today announced the recent close of a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit (“LC”) facility to support further expansion of its solar and energy storage project pipeline. The new credit facilities […] Read more
Study Says Clean Energy Transition Could Save India $19.5 Billion Annually By 2025 Updated On Wed, Jan 25th, 2023 by Saurenergy According to a recent study by Global Energy Monitor, India has the potential to save up to $19.5 billion annually by achieving its goal of adding 76 GW of utility-scale solar and wind power by 2025. India has been ranked among the top seven countries globally in terms of prospective renewable power, according to a […] Read more
Amid Eskom Struggles & Load Shedding, South African Switches On Renewables Action Plan Updated On Tue, Jan 24th, 2023 by Saurenergy South Africa, long plagued by inefficiencies at national discom Eskon, has decided to move decisively to change the narrative. The country, facing further 2 years of load shedding as projected by Eskom, has made a plan to add 14.771 GW of new wind, solar and battery storage capacity to the national grid. Ever since 2010, […] Read more