IEX’s Growth Momentum Continues in Q3 With 37% Volume Growth Updated On Tue, Jan 25th, 2022 by Saurenergy The Indian Energy Exchange (IEX) has reported yet another strong quarter of operating results, growing both volumes and profitability. The firm, at the vanguard of the Indian energy trading market, that is expected to see high growth and innovations in the coming years, seems to be doing a very good job of its situation currently, […] Read more
Agrivoltaics Make Their Case For India Updated On Tue, Jan 25th, 2022 by Saurenergy It is a truism that no change is really big enough to matter, unless it impacts the agricultural sector in India. After all, even after 2021, the Agriculture and allied sectors account for over 50% of our workforce, and contribute a substantial 18% to the country’s GDP. With the highest amount of arable land in […] Read more
Hydrogen Economy Hints at New Global Power Dynamics: IRENA Updated On Mon, Jan 17th, 2022 by Saurenergy Rapid growth of the global hydrogen economy can bring significant geoeconomic and geopolitical shifts giving rise to a wave of new interdependencies, according to new analysis by the International Renewable Energy Agency (IRENA). Geopolitics of the Energy Transformation: The Hydrogen Factor sees hydrogen changing the geography of energy trade and regionalising energy relations, hinting at […] Read more
Renewable PPA prices surge 7.8% in response to Europe’s deepening energy crisis Updated On Thu, Jan 13th, 2022 by Saurenergy As the European energy crisis deepens, renewable PPA prices continue to climb, rising by 7.8% quarter over quarter, unveiled today by LevelTen Energy’s Q4 2021 PPA Price Index. The Index series, created by LevelTen Energy, a leading provider of renewable transaction infrastructure, analyses thousands of wind and solar PPA pricing offers listed on the LevelTen Energy Marketplace […] Read more
Waaree Energies Gets SEBI Nod For Rs.1500 Cr IPO Updated On Tue, Jan 11th, 2022 by Saurenergy Waaree Energies Ltd, one of the country’s largest solar module manufacturers has received approval from markets regulator SEBI to launch its initial public offering (IPO). In September, the company had filed draft papers with SEBI. The IPO comprises fresh issue of shares worth Rs 1350 crore, and an offer for sale up to 4,007,500 equity […] Read more
French Infra Major VINCI Completes Buy of Spanish Energy Firm Cobra IS Updated On Wed, Jan 5th, 2022 by Saurenergy French concessions and construction company VINCI has completed the acquisition of Spanish construction major ACS’s energy business, Cobra IS, following an agreement signed between the two companies in April last year. The move also adds a fresh, stronger player in the EPC end of the global renewables sector in the form of the stronger entity […] Read more
Sterling and Wilson Renewable Energy Limited Welcomes Reliance As Promoter Updated On Tue, Jan 4th, 2022 by Saurenergy In a formal confirmation of its deal with Reliance New Energy Solar (RNESL), Sterling and Wilson Renewable Energy Limited (SWREL) has announced the completion of transactions that enables the Reliance group to join as promoter group. This has happened after the Reliance group paid the balance Rs 1583 crore for the buyout of 25.90 percent […] Read more
Wärtsilä to Set Up Netherlands’ Largest Energy Storage System Updated On Mon, Dec 27th, 2021 by Saurenergy Technology group Wärtsilä will supply a 25-megawatt (MW) / 48-megawatt hour (MWh) energy storage system to GIGA Storage BV in the Netherlands to help stabilise the electric grid. This will be Wärtsilä’s first energy storage project in the Netherlands and it will be the country’s largest system to date. The order was booked to Wärtsilä […] Read more
Coal Demand Rises In India, IEA Says Net Zero Should Have Stronger Implications Updated On Fri, Dec 24th, 2021 by Saurenergy The IEA’s Coal 2021 report shares worrying insights for India. The global power generation from coal is expected to take a leap by 9% in 2021, after consecutively falling in the previous two years. An all-time high of 10,350 terawatt-hours is the demand so far. India is the second-largest producer, consumer and importer has received […] Read more
