ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth Updated On Mon, Sep 23rd, 2024 by Saurenergy A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […] Read more
IGREL, Inox Wind Set To Build 550 MW Wind Project Across Three States Updated On Wed, Sep 18th, 2024 by Saurenergy Inox Wind Limited (IWL) announced receiving a Letter of Intent (LoI) from IGREL Renewables Ltd (IGREL) to execute 550 MW of wind capacity on a turnkey basis. The project will be executed over the next 24 months across multiple sites in Gujarat, Rajasthan, and Madhya Pradesh. The 550 MW LoI exceeds the firm order of […] Read more
H1: Global Wind Turbine Orders Hit 91.2 GW, India Orders Rise 69% YoY Updated On Tue, Sep 17th, 2024 by Saurenergy Globally, the wind turbine order intake reached a new high in H1, with the addition of 91.2 GW. This is a 23 percent increase year-over-year (YOY). According to a new analysis from Wood Mackenzie, this took the global investment by developers in H1 to US$ 42 billion, a 3% increase YOY. Whereas, the developers in […] Read more
JSW Energy Commissions 300 MW Wind Power Project in Tamil Nadu Updated On Mon, Sep 16th, 2024 by Saurenergy JSW Energy Ltd. has announced the successful commissioning of a 300 MW wind power project in Tuticorin, Tamil Nadu. This project, developed by its subsidiary JSW Renew Energy Two Limited, is the company’s first greenfield wind power plant under SECI’s tranche X. The new wind farm marks an addition to JSW Energy’s renewable energy portfolio. […] Read more
SECI Seeks Offshore Wind Developers For 500 MW Gujarat Project Updated On Mon, Sep 16th, 2024 by Saurenergy Solar Energy Corporation of India Limited (SECI), a ‘Navratna’, recently released a tender to select wind power developers to set up 500 MW ISTS-connected offshore wind power projects in India (Tranche-I). The tender set the bid submission end date (Soft Copy) as 10-12-2024 and the bid submission end date (Hard Copy) is 12-12-2024 The tender […] Read more
Tamil Nadu Seeks To Boost Wind Power With New Repowering Policy Updated On Wed, Sep 11th, 2024 by Saurenergy Tamil Nadu, which already has around 10 GW of installed capacity of wind energy is now aiming to given an impetus to its wind sector. With an aim to spur the growth of wind energy in the southern state, the Tamil Nadu Green Energy Corporation Limited has now notified its Wind Repowering Policy. As per […] Read more
Suzlon Announces India’s Largest Wind Order Of 1.16 GW From NTPC Updated On Mon, Sep 9th, 2024 by Saurenergy After reporting strong FY 25 Q1 results, Suzlon Group today announced bagging India’s largest wind energy order from NTPC Green Energy Limited (the renewables arm of India’s largest energy conglomerate NTPC Limited) for 1166 MW. Suzlon will install a total of 370 wind turbine generators (WTGs) of S144 equipped with a Hybrid Lattice Tubular (HLT) […] Read more
Inox Wind’s EPC Arm Resco Global To Raise 350cr Equity Updated On Mon, Sep 2nd, 2024 by Saurenergy Indian wind energy company Inox Wind Limited (IWL) today announced that the board of its subsidiary, Resco Global Wind Services Pvt. Ltd. (Resco Global), an EPC Projects company, has approved Rs 350 crore equity raise from marquee investors for a single digit stake. The funds will be utilized to scale up the business offerings and […] Read more
2023: Onshore Wind Struggles With Permits, Grid Issues: Report Updated On Thu, Aug 29th, 2024 by Saurenergy According to a recent report by energy research body– BloombergNEF (BNEF), the global transition towards clean electricity has reached new milestones, with wind and solar contributing 13.9% which is reported to reach a new record high. Additionally, a pair of new reports and findings from two reports published by BNEF: Power Transition Trends 2024, and […] Read more
