Serentica Renewables Secures $250 Million From KKR Updated On Mon, May 1st, 2023 by Saurenergy Sterlite Power backed Gurugram based Serentica Renewables has announced that the company has secured $250 million in a second round of funding from KKR, a global investment company. Serentica Renewables is a decarbonisation platform for the commercial and industrial (C&I) sector, focusing especially on energy intensive consumers like metals and mining. Starting with it’s own […] Read more
X-ELIO Breaks Ground on $136 million Solar & BESS Projects in Texas Updated On Sun, Apr 30th, 2023 by Saurenergy Joining the race for a future characterised by absolute use of renewable energy in the USA, leading renewable energy developer X-ELIO broke ground for twin projects in Texas. The company is building 72 MW Liberty Solar Plant and 60 MW Battery Energy Storage System (BESS) Project, located in both Liberty and Harris Counties. X-ELIO said […] Read more
CERC Directs Delhi International Airport Ltd to Apply for Fresh Accreditation for RE Certificate Updated On Fri, Apr 28th, 2023 by Saurenergy The Central Electrcity Regulatory Commission has approved the plea of Delhi International Airport Limited (DIAL) seeking relaxation of Renewable Energy Certificate (REC) norms owing to change in legal status. It has directed DIAL to apply afresh for accreditation and registration of REC. The petition by DIAL had been filed against the National Load Despatch Centre […] Read more
Suzlon Bags Wind Energy Project Worth 39 MW From First Energy Updated On Fri, Apr 28th, 2023 by Saurenergy A provider of renewable energy solutions, Suzlon has revealed that it has won a 39 MW wind power project from Thermax Group firm, First Energy. The order forms a part of a wind-solar hybrid project of 100 MW capacity by First Energy 5 Pvt Ltd. Suzlon will be responsible for the installation of 13 wind […] Read more
PASH Global, ERIH Holdings Form JV For 5-GW Green Hydrogen In Europe Updated On Wed, Apr 26th, 2023 by Saurenergy International developer of clean power projects PASH Global has announced that it has collaborated with ERIH Holdings for the creation of a 50-50 joint venture (JV) to develop and invest in green hydrogen and ammonia projects totalling 5 GW of electrolyser capacity. The project will be powered by 10 GW of renewable energy generation capacity […] Read more
Power Ministry Says Imposing Tax / Cess On Power Generation By States’ Illegal’, Asks To Withdraw Such Orders Updated On Wed, Apr 26th, 2023 by Saurenergy The Ministry of Power, in its latest order, has termed the collection of taxes and cess by states on power generation as ‘illegal and unconstitutional.’ In a letter to all the Chief Secretaries, the government order asked states to take steps to withdraw any such order. The ministry has said that it was informed that […] Read more
MNRE Outlines Calendar For 50 GW RE Tenders Updated On Wed, Apr 26th, 2023 by Saurenergy In a measure of intent that is as strong as it can get, the MNRE (Ministry of New and Renewable Energy) has published a full calendar for the financial year FY23-24, outlining the bidding targets for the 4 key central implementing agencies. These include SECI, NTPC, NHPC and SJVN. Adding up to the announced target […] Read more
Vestas Secures 238 MW Japanese Offshore Wind Order Updated On Tue, Apr 25th, 2023 by Saurenergy Danish wind turbine manufacturer Vestas has announced that it has secured a 238 MW order from Hibiki Wind Energy for the Kitakyushu-Hibikinada Offshore Wind Farm Project in Japan. The wind farm is located off the coast of Kitakyushu city, Fukuoka prefecture. Vestas held that the order includes supply and installation of 25 V174-9.5 MW wind […] Read more
The Top 5: Risks to Renewable Energy from Climate Change Updated On Tue, Apr 25th, 2023 by Saurenergy Climate change has already started posing real-world challenges. It is not just affecting adversely the developmental plans but is also disrupting the livelihoods of a considerable section of the human population in the regions prone to climate change disasters such as floods, droughts, sea level rise, etc. Renewable energy (RE) has given a push developmental […] Read more
