Adani Green Reports 49% Increase In Renewable Energy Capacity In FY23 Updated On Fri, Apr 14th, 2023 by Saurenergy Adani Green Energy Limited (AGEL), the renewable energy arm of the Adani Group, on Friday, reported a 49 percent addition to its total renewable energy capacity in the fiscal year 2023. As a result, the total capacity of AGEL-owned renewable energy touched 8,086 Megawatt (MW) with the recorded rise. In its latest provisional annual consolidated […] Read more
KPI Green, UAE Company In Agreement For Renewable Energy Solutions Updated On Fri, Apr 14th, 2023 by Saurenergy Surat-headquartered KPI Group has partnered with Tristar Transport LLC – UAE based company – for the development of eco-friendly energy solutions for regions like the Africa, Asia Pacific, Middle East, America and Europe. KPI Group that owns KPI Green Energy, and Tristar Transport has inked a joint business development agreement for the purpose. As per […] Read more
Ryse Energy Raises $15 Million in Growth Capital Round Updated On Tue, Apr 11th, 2023 by Saurenergy Global decentralized renewable energy systems provider Ryse Energy, has said that it has raised a $15 million growth funding round. The firm claims to have sold or installed more than 4,000 units of decentralized renewables worldwide. Ryse Energy said that the funding round was led by RWE Energy Transition Investments, an investment vehicle of RWE […] Read more
Vedanta, SRIPL Collaborate for 105 MW Renewable Power for Chhattisgarh Smelter Updated On Wed, Apr 5th, 2023 by Saurenergy Vedanta owned Bharat Aluminium Company Ltd. (BALCO) has said that it has signed an agreement with Serentica Renewables India Private Ltd (SRIPL) whereby the two firms will establish a special purpose vehicle (SPV) to source hybrid renewable energy for the aluminium operations in Chhattisgarh. Vedanta revealed in a regulatory filing “BALCO has entered into a […] Read more
JSW Energy Closes Mytrah Deal For 1.7 GW Renewable Portfolio At Rs 10,530cr Updated On Fri, Mar 31st, 2023 by Saurenergy JSW Neo Energy, the fully owned subsidiary of JSW Energy has announced that it has acquired a renewable energy generation portfolio of 1,753 MW from Mytrah Energy (India) Pvt Ltd. JSW Energy said that this acquisition is made of 15 SPVs and 13 ancillary SPVs of Mytrah Energy having a total renewable energy stalled capacity […] Read more
“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL Updated On Wed, Mar 29th, 2023 by Saurenergy Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […] Read more
Over 1100 MUs of Green Power Procured During FY22-23 By Railway Energy Management Company Updated On Wed, Mar 29th, 2023 by Saurenergy Railways around the world are stepping up efforts towards decarbonization and accelerating the employment of renewable sources of energy. Indian Railways have set sights on becoming a net zero emitter by 2030. The Railway Energy Management Company Ltd (REMCL), is a joint venture between RITES Ltd and the Indian Railways. REMCL is the nodal agency […] Read more
India Sets Sights on Green Shipbuilding Goals with Green Tug Transition Programme Updated On Fri, Mar 24th, 2023 by Saurenergy The Union Minister of Ports, Shipping & Waterways (MoPSW) and Ayush Sarbananda SonowaI has said that India has set its sights on becoming the global hub for green shipbuilding by 2030. Towards this goal, the minister launched Green Tug Transition Programme (GTTP). He also inaugurated the country’s first National Centre of Excellence in Green Port […] Read more
Speciality Glass Maker Schott In 5.5 MW Energy Deal With CleanMax Updated On Wed, Mar 22nd, 2023 by Saurenergy The international technology group SCHOTT has entered into an agreement with CleanMax Enviro Energy Solutions, the leading C&I renewable energy company for purchasing green energy from a 5.5 MW renewable energy (Wind – Solar hybrid) project in Babra, Gujarat, India. The green energy will be utilized to run SCHOTT’s operations at its glass tubing factory […] Read more