International Solar Alliance launches Solar X Grand Challenge in Africa Updated On Mon, Nov 14th, 2022 by Saurenergy The International Solar Alliance has launched the SolarX Grand Challenge to spur African entrepreneurship and innovation at UNFCCC’s 27th Conference of Parties (COP27). SolarX Grand Challenge aims to catalyse and accelerate solar adoption by motivating innovators and researchers to add value and much-needed innovation and disruption in the solar sector. Under SolarX competition, 20 start-ups and innovators from […] Read more
Global Operations of Solar Leader JinkoSolar Powered 50% By Renewables Updated On Mon, Nov 14th, 2022 by Saurenergy Solar product manufacturers are toiling to decarbonise their own very operations worldwide to show a true ‘clean energy’ face and ensure green growth of the world economy. Global solar conglomerate JinkoSolar Holding Co. is the latest to join the bandwagon following the announcement that renewable energy is providing more than 51 per cent of the […] Read more
Will Hydrogen Contribute Toward Energy Transition Of India? Updated On Mon, Nov 14th, 2022 by Saurenergy The first few days of CoP27 have shown quite an enthusiasm for the potential of hydrogen to the energy transition. Government and private leaders have endorsed hydrogen as an opportunity and solution to decarbonise the economy. While the countries in the Middle East and North Africa (MENA) region are eager to exploit the potential 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
Germany’s Kfw, India’s SBI Ink EUR 150 million Pact for Solar Projects Updated On Fri, Nov 11th, 2022 by Saurenergy A financing arrangement for 150 million EUROS (EUR) has been reached by Kreditanstalt für Wiederaufbau (KfW) and the State Bank of India (SBI) to fund solar projects in India. Germany-based KfW finances investments and reform initiatives in a wide variety of sectors, including water supply, energy, and financial systems development. For the German Federal Ministry […] Read more
SJVN Secures 83 MW Floating Solar Project in Madhya Pradesh Updated On Fri, Nov 11th, 2022 by Saurenergy State-run SJVN Ltd announced that it has been awarded a contract worth Rs 585 crore to construct, own, and manage an 83 MW floating solar plant in Madhya Pradesh. According to a release by REWA Ultra Mega Solar Ltd. (RUMSL), the project has been secured at a tariff of Rs 3.70 per unit on a […] Read more
Indian Oil Floats 2 MW of On-Grid Solar Power Tender at Delhi Updated On Fri, Nov 11th, 2022 by Saurenergy Indian Oil has invited bids for a 2 MW of on-grid captive solar power project at Indian Oil’s Bottling Plant, Tikri Kalan, Delhi. The last date for submitting the online bid is December 05, 2022, till 03:00 pm. Bids will be opened on December 06, 2022, at 03:00 pm. This Indian Oil 2 MW solar […] Read more
Learnings From the $12 billion Brookfield Bid For Australia’s Origin Energy Updated On Fri, Nov 11th, 2022 by Saurenergy Global investment management firm Brookfield’s $11.8 billion bid that is also supported by the target firm’s board is a clear indication of the volume and direction of money chasing renewable energy assets and growth. Origin energy, which has 4.5 million customrs in Australia, has comitted to a phase out of its non renewable assets. “The […] Read more
Adani Green Q2 Results- Profits Grow 49% As Strong Solar Growth Continues Updated On Fri, Nov 11th, 2022 by Saurenergy Adani Green Energy Limited, the renewable development arm of the Adani group that has set a 45 GW capacity target for 2030, has announced its Q2 FY23 results. Operational capacity has grown to 6724 MW during the quarter. Revenues from power supply jumped 33% over the corresponding quarter in Fy22, going to Rs 1107 crores […] Read more
