ReNew, Gentari in Tie-Up Targeting 5 GW Clean Power Updated On Thu, Jul 27th, 2023 by Saurenergy ReNew Energy Global Plc which expanded its offerings to become full fledged decarbonisation solutions company recently, through its subsidiary ReNew Power Pvt. Ltd. (ReNew) and clean energy solutions provider Gentari, through its subsidiary Gentari Renewables India Pte. Ltd., have executed key terms to collaborate on a 50:50 joint venture in clean energy solutions. The term […] Read more
Top 5 Takeaways From Global Q2 Renewables Report Updated On Wed, Jul 26th, 2023 by Saurenergy The latest Global Renewable Market Update for Q2 by Edison Energy has shed light on the changing dynamics of the renewable energy market in the United States (US) and European Union (EU). The report discussed the price transition of renewable energy Power Purchase Agreements (PPAs) in these two regions. Following are the five top takeaways […] Read more
France’s Neoen Augments Queensland Battery Project to 270 MW/540 MWh Updated On Wed, Jul 26th, 2023 by Saurenergy France’s Independent Power Producer firm which develops, finances, builds and operates solar power plants, wind farms and energy storage solutions, Neoen will be augmenting the the size of its Western Downs Battery project located in Queensland. The expansion is to keep step with the growing demand for storage in the Australian state. Formerly, the battery […] Read more
ITOCHU Expands Renewable Energy Footprint with $2 Bn Overland Capital Partners Fund Updated On Wed, Jul 26th, 2023 by Saurenergy ITOCHU Corporation, headquartered in Minato-ku, Tokyo, has unveiled its latest venture in the renewable energy sector with the establishment of Overland Capital Partners, L.P., a fund focused on investing in renewable energy generation assets across North America, specifically in the United States and Canada. The fund is set to allocate up to approximately US$2 billion […] Read more
India Requires 13L Charging Stations By 2030: CII Report Updated On Tue, Jul 25th, 2023 by Saurenergy A new report by the Confederation of Indian Industry (CII) on ‘Charging Infrastructure for Electric Vehicles’ claims that India would require around 13 lakh charging stations to cater to the growing electric mobility needs by 2030. It makes a case for the country to install around 4 lakh chargers for EV annually. The industry association […] Read more
Hero Future Energies Signs MoUs for INR 6200 Cr to Develop Future RE Projects Updated On Tue, Jul 25th, 2023 by Saurenergy Hero Future Energies has signed two Memorandums of Understanding (MoUs) with REC Limited and PFC Limited for infusion of INR 31100 crores each in HFE over the next five years. The MoUs, were signed on the sidelines of 4th G20 Energy Transition Working Group (ETWG) meetings at Goa. A sum of Rs 6200 crores, gained […] Read more
DIF Capital Partners Commits £200M Investment in Field’s Battery Energy Storage Updated On Tue, Jul 25th, 2023 by Saurenergy DIF Capital Partners, via its DIF Infrastructure VII fund, has announced a £200 million investment into Field, a London-headquartered dedicated developer and operator of battery energy storage systems. The investment’s primary objective is to support Field in expediting the development and expansion of its 4.5 GWh pipeline of grid-scale battery energy storage projects in the […] Read more
Suzlon’s Net Profit Slides Over 63%, 58% in QoQ & YoY Comparisons Respectively Updated On Tue, Jul 25th, 2023 by Saurenergy Renewable energy solutions provider Suzlon Energy Limited has declared its financial results for the period ended June 30, 2023. Financial Results (Q1 FY2024) – Quarter on Quarter Comparison The total income of the firm stands at INR 1361.68 crores in the period ended June 30, 2023. The total income when compared to that in Q4 […] Read more
With 224MW Solar Capacity, SCCL Achieves 40% of Its Net Zero Targets Updated On Tue, Jul 25th, 2023 by Saurenergy Union Coal Minister Pralhad Joshi recently told the Parliament that the Singareni Collieries Company Limited (SCCL) had achieved around 40 percent of its net-zero targets. The Minister disclosed this information while responding to a coal supply and consumption query. He said that both Coal India Limited (CIL) and Singareni Collieries Company Limited (SCCL) are working […] Read more
