Renew Power On Fortune ‘Change The World’ Top 10 list Updated On Mon, Nov 1st, 2021 by Saurenergy ReNew Power (NASDAQ: RNW), has been ranked 10th by Fortune Magazine in its annual “Change the World” list for 2021, the highest rank achieved by an Indian company in this year’s list. The annual list by Fortune recognizes leading businesses that are working to improve human condition even as they pursue their business goal of seeking […] Read more
Mainstream Renewable Wins 1.27 GW of Renewable Projects In South Africa Auctions Updated On Mon, Nov 1st, 2021 by Saurenergy The consortium led by Mainstream Renewable Power has received 50% of the total allocation in the latest round of the South African Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) Making the formal announcement on October 29, the firm announced that twelve of its projects have achieved preferred bidder status in Round 5 of South […] Read more
Tata Power Q2 Results and Presentation. Profits Strong, Revenues Hit By Thermal Drop Updated On Fri, Oct 29th, 2021 by Saurenergy Tata Power Company Limited has reported Consolidated financial results for the period ended September 30, 2021. The firm, at the forefront of the transition to renewable energy from thermal power earlier, has been pushing aggressively to growth capacities, as well as integrate operations around renewable energy. The company reported total income of Rs.10187.33 crores during […] Read more
China’s MingYang Bags 375 MW Wind Project in Vietnam Updated On Wed, Oct 27th, 2021 by Saurenergy Chinese turbine maker MingYang Smart Energy has secured a supply contract with PowerChina International Group for the 375 MW Ca Mau offshore wind project in Vietnam. The project is the largest offshore wind power project in Vietnam and the entire Southeast Asia so far. MingYang, which was listed on the New York Stock Exchange from 2010 […] Read more
India Added >10 GW Solar & Wind Capacity from Jan-Sept’21: Report Updated On Wed, Oct 27th, 2021 by Saurenergy From January 2021 till September 2021, approximately 8,811 MW solar capacity and 1,246 MW of wind capacity was added in India, according to a new report by JMK Research. This is about 280% and 101%, respectively, higher compared to the same period previous year. The key reason for the significant increase is the commissioning of […] Read more
Power Minister R.K. Singh Kicks Off GDAM Market In India Updated On Tue, Oct 26th, 2021 by Saurenergy R K Singh, Union Minister of Power & New and Renewable Energy, launched the new market segment, Green Day Ahead Market (GDAM) on October 25. The start of this market, combined with free ISTS for renewable energy projects and Open access permissions within 15 days should be a paradigm shift for the market, according to […] Read more
Azure Power Wins its First 120 MW ISTS Wind Project with SECI Updated On Mon, Oct 25th, 2021 by Saurenergy Azure Power, one of the leading solar power developers in the country, has announced that it has received the letter of award (LOA) for its first wind project, 120 MW ISTS project with Solar Energy Corporation of India (SECI) to supply power for 25 years at a tariff of INR 2.70 per kWh. Azure Power’s […] Read more
Sembcorp Bags 180MW Wind Power Project in Karnataka from SECI Updated On Mon, Oct 25th, 2021 by Saurenergy Singapore-headquartered Sembcorp Industries’ wholly owned subsidiary in India has been formally awarded a 180-megawatt (MW) wind power project in the 11th nationwide wind power auction held recently. The letter of award from Solar Energy Corporation of India (SECI) for the project has been received by Sembcorp’s renewables subsidiary Green Infra Wind Energy Limited. The project […] Read more
SECI Invites Bids for 1200 MW ISTS-connected Wind Projects Updated On Mon, Oct 25th, 2021 by Saurenergy The Solar Energy Corporation of India (SECI) has issued a request for selection (RfS) for the setting up of interstate transmission system (ISTS)-connected wind power projects on build own operate (BOO) basis for an aggregate capacity of 1200 MW. SECI, which was established to implement National Solar Mission (NSM), will select wind power developers under tariff-based […] Read more