SaurEnergy Explains-India’s CSP Plans, China’s CSP Progress Updated On Thu, Jul 25th, 2024 by Saurenergy Solar Thermal plants, a stop start technology for solar at scale is back in the news after SECI CMD RP Gupta announced plans for a 500 MW Concentrated Solar Power (CSP) tender by the end of the current financial year recently. The announcement has put the focus back on a solar based technology that has […] Read more
JSW Neo, Powerica, And Torrent Power Emerge Winners In SECI’s 1.35 GW Wind Tender Updated On Wed, Jul 24th, 2024 by Saurenergy SECI has now announced the winners of the 1350 MW ISTS-connected Wind Power Projects in Gujarat under Tranche XVI. The tender was released on 30th November 2023 and the results have come after almost eight months. The projects cover wind projects in the states of Gujarat and Karnataka, and Rajasthan. For projects in Gujarat, JSW […] Read more
Adani Renewable Adds 250 MW Of New Wind Project At Khavda Updated On Wed, Jul 24th, 2024 by Saurenergy Adani Renewable Energy recently operationalized its new 250 MW of energy wind energy capacities at the Khavda Renewable Park in Gujarat, touted to be world’s largest renewable energy park. This comes after the Indian renewable company announced operationalizing 1 Gigawatt (GW) of solar capacities at Khavda. The firm has plans to add 30 GW of […] Read more
JSW Energy Reports 80% Rise In Net Profits In Q1 Updated On Sun, Jul 21st, 2024 by Saurenergy JSW Energy has published its latest financial results for the first quarter of Financial Year 2024-25. The information submitted by the company before BSE revealed that the company has raised its net profit by around 80 percent on a Year-on-Year (YoY) basis. As per the details, the company reported a total Profit After Tax (PAT) […] Read more
Repsol, EDF Ink Deal For Offshore Wind Project In Spain & Portugal Updated On Fri, Jul 19th, 2024 by Saurenergy Repsol and EDF Renewables reached an agreement to join forces in view of the future offshore wind tenders in Spain and Portugal, given that the Iberian Peninsula offers significant growth opportunities. To develop its portfolio of renewable projects, the company has set an investment framework of between €3 and €4 billion net until 2027. Repsol […] Read more
Indian Wind Sector Prone To Cybersecurity Risks: NITI Aayog Report Updated On Thu, Jul 18th, 2024 by Saurenergy A recent report by NITI Aayog identified emerging concerns in cybersecurity for the Indian wind sector due to the import of components for the wind sector, particularly from China, by the Wind Turbine Original Equipment Manufacturers (OEMs). The report proposes a multi-pronged approach integrating policy interventions, manufacturing support, and robust cybersecurity measures. Given the increasing […] Read more
GUVNL Floats Tender For 500 MW Wind Project With GreenShoe Option Updated On Wed, Jul 17th, 2024 by Saurenergy The Gujarat Urja Vikas Nigam Ltd. (GUVNL) today issued a tender for a 500 MW wind power project, with an additional 500 MW green shoe option. The last date for the tender submission is August 14. The tender document said that the bidders can choose the locations anywhere in India. “The Projects shall be located […] Read more
Global Floating Wind Industry Reached 270 GW In FY24: IRENA Updated On Tue, Jul 16th, 2024 by Saurenergy While still in its infancy, the global floating wind industry reached approximately 270 MW of operational capacity as of 2023. However, the international pipeline indicates a growing interest with 244 GW of new floating wind projects in development. The latest International Renewable Energy Agency (IRENA) report on offshore wind power highlights its high-capacity factors and […] Read more
Brookfield Makes $200 Mn Investment In Leap Green Energy Updated On Thu, Jul 11th, 2024 by Saurenergy Brookfield made an equity investment in Leap Green Energy, a renewable platform based in Tamil Nadu. This investment is focused on providing clean energy solutions to commercial and industrial customers. Brookfield, a Canada-based alternative investment management company, and Leap Green entered into definitive strategic investment agreements. Under this agreement, Brookfield acquired a majority controlling stake […] Read more