ReNew Analyst Call Highlights- Module Mfg Hiked To 6 GW, Corporate PPA Market, More Backward Integration Updated On Thu, Jun 16th, 2022 by Saurenergy Nasdaq listed ReNew Energy Global (ReNew Power), which announced its Q4 results for FY 22 yesterday (June 15), hosted its analyst call later in the evening. We bring you some of the key highlights from the call, where Founder, Chairman and CEO Sumant Sinha Spoke, along with new CFO Kedar Upadhye, Chief Sustainability Officer Vaishali […] Read more
GE Finance takes 49% Stake In Continuum Wind Energy Project In Gujarat Updated On Thu, Jun 16th, 2022 by Saurenergy General Electric has declared that it has acquired a 49% stake in the Morjar wind energy project in Gujarat. The official statement says that GE Energy Financial Services and Continuum Green Energy (India) closed the financial deal of GE Energy Financial Services’ acquisition in the Continuum’s developed wind project. Morjar is an onshore wind energy […] Read more
Power Crisis, RPO Drives Haryana Regulator to Approve 1100 MW of Renewable Purchases Updated On Wed, Jun 15th, 2022 by Saurenergy The Haryana Electricity Regulatory commission, in two orders within days of each other, has approved total RE purchases of 1100 MW for the state. Driven by both the power crisis being experienced by the state as well as the pending and future RPO obligations, the state regulator did make the Hydro power purchase from NTPC […] Read more
Magenta ChargeGrid Launches Its First DC charger with Fast Charging Capacity Updated On Tue, Jun 14th, 2022 by Saurenergy Navi Mumbai-based EV Charging company, Magenta ChargeGrid inaugurated its first EV charger in the state of Kerala through its partnership with Crescendo in the Malabar region of Kerala. Crescendo has partnered with Magenta to offer EV Charging to its customers in Kozhikode and for all EV owners who are traveling through Kozhikode. Magenta ChargeGrid team […] Read more
Tata Power DDL Gears Up To Add 400 MW RE To Power Updated On Tue, Jun 14th, 2022 by Saurenergy Tata Power Delhi Distribution Ltd (DDL) is working to increase the supply of renewables to 50% of its overall supplies in the next five years. At present, the renewable profile of the company is around 21% of the discom’s supplies. The company is preparing for a peak load of about 2350 MW this year. The […] Read more
J&K approves 200 MW rooftop solar project in Jammu city Updated On Mon, Jun 13th, 2022 by Saurenergy The Administrative Council (AC) headed by LG Manoj Sinha, has approved the development of 200 MW of grid-connected rooftop solar power plants in Jammu City. These plants hope to take the optimal advantage of the solar irradiance in the high resource region of Jammu and Kashmir. They will come up as part of the ‘Solar […] Read more
Gujarat, Goa and Chandigarh Top Climate Performers: NITI Aayog Updated On Fri, Jun 10th, 2022 by Saurenergy NITI Aayog has recently released a report called the State Energy and Climate Index (SECI) declaring Gujarat, Goa and Chandigarh as top performing states in the category of larger states, smaller states and UTs respectively on the basis of the performance by the states during 2019-20 across several parameters and measures for mitigating climate change. […] Read more
VPPAs Could Help Meet A Quarter Of India’s 2030 Target of Renewable Energy Updated On Thu, Jun 9th, 2022 by Saurenergy The recently released WWF-India’s report “Virtual Power Purchase Agreement (VPPA) for C&I consumers in India” highlights that the total estimated demand for VPPAs in India by 2030 could be as high as 104 GW, which could help to meet 27% of the remaining target of India’s 500 GW target by 2030. The VPPAs offer many strategic […] Read more
Ayana To Invest Rs 12000cr for 2 GW RE Projects in Karnataka Updated On Thu, Jun 9th, 2022 by Saurenergy Ayana Renewable Power Pvt Ltd (Ayana) is expanding its green energy business in Karnataka as the company announced that it will set-up renewable energy projects totaling 2 gigawatts (GW) with an investment of Rs 12,000 crore. The official statement of Ayana said that the company has signed an expression of interest with the government of […] Read more
