Nxtra Enters Into Power Wheeling Agreement With Ampln, Amplus Updated On Wed, Feb 14th, 2024 by Saurenergy Nxtra by Airtel, a data centre company in India which is a subsidiary of Bharti Airtel Limited recently signed a power-wheeling agreement with Ampln and Amplus Energy. This agreement is undertaken to procure an additional 140,208 MWh of renewable energy. With this, Nxtra claims to enhance its existing commitment to reducing its carbon footprint through […] Read more
Biden-Harris Administration Invests $60 Mn To Expand Renewable Energy Updated On Wed, Feb 14th, 2024 by Saurenergy United States (US) Department of Energy (DOE) announced the selection of three projects for which it claimed to receive up to $60 million. This project is undertaken to demonstrate the efficacy and scalability of enhanced geothermal systems (EGS). It was funded by DOE’s Geothermal Technologies Office in the Office of Energy Efficiency and Renewable Energy. […] Read more
Atmos Renewables & Fluence Energy to Optimise 870 MW Renewables Portfolio in Australia Updated On Mon, Feb 12th, 2024 by Saurenergy Australia-based provider of energy storage products, services, and optimisation software for renewables and storage Fluence Energy, Inc has announced the the expansion of a contract with Atmos Renewables to optimise an 870 MW portfolio of wind and solar assets in Australia’s National Electricity Market (NEM). As per a press release by the firm, Atmos Renewables […] Read more
Hartek Power To Develop 75MW Solar Plant In Bihar’s Jamui Updated On Mon, Feb 12th, 2024 by Saurenergy Engineering, procurement, and construction company, Hartek Power Private Limited, the Power Systems and T&D Business unit of Hartek Group, has won an order from SJVN Green Energy Limited pertaining to the development, implementation, and maintenance of a 75 MW (AC) grid-connected solar PV power plant, along with a 132 kV Sub-Station, in Jamui, Bihar. According […] Read more
Tata Power Q3 Results- EBITDA Up 15% to Rs 3250 crore Updated On Mon, Feb 12th, 2024 by Saurenergy Tata Power, one of the largest integrated utilities in the country, reporting its 17th consecutive quarter of PAT growth in its Q3 results. Better realisation in the core business segments consisting of Generation, Transmission & Distribution and Renewables, helped the Company grow its Q3FY24 reported PAT to Rs. 1,076 crore as compared to Rs. 1,052 […] Read more
Budget For Transmission Project To Boost Power In Northeast: Minister Updated On Wed, Feb 7th, 2024 by Saurenergy Union Minister for Power and New & Renewable Energy and Power (MNRE) recently informed the parliament in a written reply about the growth in the implementation of projects under the Ministry of Power (MoP) for strengthening the Intra-State Transmission System as well as the distribution system in Northeastern States and Sikkim. The minister said, “Northeastern […] Read more
Hindalco Inds Contracts For Renewable Energy From 100 MW Ayana Renewable Project Updated On Tue, Feb 6th, 2024 by Saurenergy Hindalco Industries Limited an Indian aluminum and copper manufacturing company, and a subsidiary of the Aditya Birla Group acquired 26% stake in Ayana Renewable Power (ARPFPL) a renewable energy company. The stake hold is a mandatory requirement when a firm contracts with an IPP for captive power requirements from a dedicated project. IPPs incorporate special […] Read more
January Power Market- IEX Reports Highest Ever Volumes, Green Power Slides Updated On Tue, Feb 6th, 2024 by Saurenergy Indian Energy Exchange (IEX), India’s leading electricity exchange, achieved the highest-ever total volumes in January 2024, reaching 10,893 million units (MU) – marking a 26.1% year-over-year increase. This volume comprises 9,137 MU from the conventional power market segment, 236 MU from the green market segment, and 15.20 lakh Renewable Energy Certificates (RECs) (equivalent to 1,520 […] Read more
Solar Power Generation In Europe To Rise by 50 TW in 2024, Germany To Lead The Way Updated On Mon, Feb 5th, 2024 by Saurenergy The solar photovoltaic (PV) energy generation will spike by about 50 terawatt-hours (TWh) in 2024 in Europe due to major capacity installations across the region, predicts a report by Rystad Energy. The report also suggests that Wind power generation is also expected to increase in 2024. However, the growth rate will not match last the […] Read more
