Enfinity Global Signs PPAs For 420 MW RE Supply In Italy Updated On Tue, Jun 10th, 2025 by Saurenergy United States (US) based Enfinity Global has signed Power Purchase Agreements (PPAs) in Italy with a US technology company to supply renewable energy from a 420 MW portfolio of solar PV projects. The company has contracted 805 MW over the last two years in Italy, with major corporations and industrial customers. Enfinity is currently Italy’s […] Read more
ACME Solar’s RE Capacity Surpasses 2.8 GW With New Projects Updated On Tue, Jun 10th, 2025 by Saurenergy ACME Solar Holdings Limited has commissioned an additional 75 MW of renewable energy capacity at its Sikar Solar Project in Rajasthan. This adds to the previously commissioned 165 MW at the site, bringing the total operational capacity at the project to 240 MW out of a planned 300 MW. With this addition, ACME Solar’s total […] Read more
Govt Picks 15 States, NTPC To Offer VGF Support For BESS Updated On Tue, Jun 10th, 2025 by Saurenergy The Ministry of Power has approved a ₹5,400 crore ($650 million) viability gap funding (VGF) scheme aimed at accelerating the deployment of Battery Energy Storage Systems (BESS) across the country, according to a latest notification issued by the Ministry of Power. Funded through the Power System Development Fund (PSDF), the scheme will support the development […] Read more
India Emerges As Key Player in Global Energy Investment: IEA Updated On Mon, Jun 9th, 2025 by Saurenergy India’s rapidly evolving energy landscape features prominently in the International Energy Agency’s (IEA) World Energy Investment 2025 report, underscoring the country’s pivotal role in global energy investment trends. India has demonstrated a strong pickup in solar investment in 2024, with renewables expanding rapidly alongside continued coal development. The country approved an additional 15 gigawatts (GW) […] Read more
Hyundai Buys 26% Stake in Fourth Partner’s TN Wind Farm Updated On Mon, Jun 9th, 2025 by Saurenergy Hyundai Motor India has invested ₹16.58 crore as the first tranche to acquire 23,62,638 equity shares in Fourth Partner FPEL TN Wind Farm Private Limited, a special purpose vehicle (SPV) of Fourth Partner Energy. The shares were allotted via private placement on June 6, 2025. Following the infusion, Hyundai now holds a 26.13% stake in […] Read more
IndiGrid to Buy Rs. 2,100Cr Transmission, Solar Assets From ReNew Updated On Mon, Jun 9th, 2025 by Saurenergy India’s power sector infrastructure investment trust (InvIT) has executed definitive agreements to acquire one solar and one transmission asset, aggregating to an Enterprise Value (EV) of approximately Rs. 2,108 crore, excluding any net working capital and cash adjustments. Inclusive of the adjustments the EV shall not exceed ~Rs. 2,175 crore. The solar asset, Renew Solar […] Read more
PM-KUSUM: MPUVNL Floats 1200 MW Bid to Solarize Agricultural Feeders Updated On Fri, Jun 6th, 2025 by Saurenergy In a significant push to advance solar power adoption in agriculture, the Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has issued a Request for Proposal (RFP) for the installation of 1,200 MW of grid-connected solar power plants under the Surya Mitra Krishi Feeders Scheme, part of the PM-KUSUM-C feeder solarization programme. The project aims to […] Read more
JSW Energy Commissions 281 MW RE, Inks Wind PPA With Adani Updated On Fri, Jun 6th, 2025 by Saurenergy Mumbai-based JSW Energy has commissioned 281 MW of renewable energy capacity, comprising 215 MW of solar capacity and 66 MW of wind capacity, thereby increasing its current installed capacity to 12,499 MW. This capacity addition will enable the company to benefit from the peak wind season during the year, contributing to its overall renewable output. […] Read more
US Tariffs To Lift Cleantech Costs Up to 11%, Except Utility-Scale ESS: WoodMac Updated On Wed, Jun 4th, 2025 by Saurenergy The United States (US) has recently seen a rise in tariff policies which are set to increase the cost of power generation technologies, with energy storage system (ESS) witnessing the most hike due to its dependence on Chinese imports, according to Wood Mackenzie’s recent report. As tariffs create uncertainty in the US power market, development activity […] Read more