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
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
Sterlite Power Bags Green Energy Transmission Project in Rajasthan Updated On Fri, Mar 17th, 2023 by Saurenergy Private sector power transmission infrastructure developer and solutions provider across India and Brazil, Sterlite Power, has bagged a transmission project for evacuation of power from Renewable Energy Zones in Rajasthan. These are under Phase-III Part G. Sterlite Power won the project through the bidding process via tariff-based competitive bidding (TBCB). The firm received the Letter […] Read more
Power Minister R.K. Singh Updates Parliament On Progress With India’s Energy Transition Updated On Wed, Mar 15th, 2023 by Saurenergy Union Minister of Renewable Energy & Power R.K. Singh made a slew of announcements in the Rajya Sabha yesterday, shining the light on the progress made in renewable energy in the country. Here is a look at some important of the relevant news related to renewables. Renewable Energy Installed As on 31.01.2023, the cumulative installed […] Read more
BrightNight, ACEN Join Hands to Develop Renewables in India Updated On Mon, Mar 13th, 2023 by Saurenergy U.S. based renewable firm, BrightNight, has joined hands with ACEN Corporation, a Philippine listed energy platform of the Ayala Group, to accelerate the development, construction, and operation of BrightNight’s initial 1.2 GW, multi-technology renewable power portfolio in India. The partnership is formed through ACEN Renewables International Pte. Ltd. and ACEN International, Inc. (collectively known as […] Read more