Hero Motocorp, CleanMax Partner For Haryana Solar Project Updated On Fri, Feb 7th, 2025 by Saurenergy Delhi-based Hero MotoCorp has entered into an arrangement with CleanMax Enviro Energy Solutions Pvt. Ltd. (CleanMax) to set up a Special Purpose Vehicle (SPV). The two-wheeler manufacturer shared its plans in a regulatory filing; it said, “The investment of up to Rs. 5.15 crore for Solar Power Wheeling project, for the Company’s plants at Dharuhera […] Read more
Global Renewables Cost Expected To Fall By 2-11%: BloombergNEF Updated On Fri, Feb 7th, 2025 by Saurenergy A latest report by BloombergNEF (BNEF) said that the global cost of clean power technologies such as wind, solar, and battery technologies is expected to fall further by 2-11% in 2025, breaking last year’s record. According to the report, new wind and solar farms are already undercutting new coal and gas plants in production costs […] Read more
Tata Power’s 4.3 GW Solar Cell & Module Plant In TN Inaugurated By CM Updated On Fri, Feb 7th, 2025 by Saurenergy As MK Stalin, the Chief Minister of Tamil Nadu formally inaugurated its latest 4.3 MW cell and module manufacturing plant, TP Solar Ltd finds itself in a sweet spot. Tata Power’s Solar manufacturing arm & a subsidiary of Tata Power renewable Energy Limited new plant at Tirunelveli, Tamil Nadu underscores its position among the leaders […] Read more
Ladakh: Solar-Hydrogen-Microgrid To Supply Power To Indian Army Updated On Wed, Feb 5th, 2025 by Saurenergy Indian power behemoth NTPC and the Indian Army have signed a Power Purchase Agreement (PPA) for the sale of 200 kW renewable energy-RTC (Round The Clock) power from a solar-hydrogen-based microgrid. This project in Chushul (Ladakh) will supply energy for the next 25 years. The agreement was signed by DMR Panda, CGM (NTPC-Hydrogen), and Aditya […] Read more
Prozeal Set To Supply 24.40 MWp Solar Power To Aarti Drugs Updated On Tue, Feb 4th, 2025 by Saurenergy Mumbai-based Aarti Drugs has tied up with Prozeal Green Energy to procure solar power through a captive arrangement. The company announced the collaboration in a regulatory filing, stating, “Aarti Drugs, a manufacturer of Active Pharmaceutical Ingredients (APIs) and Pharma Intermediates, has entered into a share subscription and shareholders’ agreement with Prozeal Green Power and Pro-Zeal […] Read more
Indus To Acquire Stake in Amplus Tungabhadra’s Solar Plant Updated On Tue, Feb 4th, 2025 by Saurenergy In a pursuit of expanding its renewable energy portfolio, Gurugram-based Indus Towers has agreed to acquire a 26% equity stake in Amplus Tungabhadra Private Limited. Together, they will form a special purpose vehicle (SPV) to own and operate a Captive Power Plant (CPP). The company said in a regulatory filing, “Indus Towers is set to […] Read more
Budget 2025: Experts Expect Spur In India’s Renewable Growth Updated On Mon, Feb 3rd, 2025 by Saurenergy The 2025 Budget brought forward by Union Finance Minister Nirmala Sitharaman raised new hopes for the Indian solar sector. With an increase in the budgetary allocations for the overall solar sector and higher budgets for key schemes like PM Surya Ghar, PM-KUSUM and solar power transmission infrastructure, the industry is looking at a healthy growth […] Read more
China’s March Towards 3000 GW Renewables By 2030, 2025 Solar Price Trends Updated On Mon, Feb 3rd, 2025 by Saurenergy In news from China, the National Energy Administration (NEA) of the country has confirmed that in 2024, China added 373 GW of renewable capacity. This is a 23 percent year on year rise. Those additions, which accounted for 86% of all power capacity added, also took the share of renewables in total capacity to 56 […] Read more
Maharashtra Partners With UK To Build Its First 1.2 GW Solar Park Updated On Wed, Jan 29th, 2025 by Saurenergy The Mumbai-based Hazoor Multi Projects Ltd. (HMPL) has forayed into green energy with the development of the Chhatrapati Shivaji Maharaj Saur Urja Park (CSMSUP). This is one of the first solar parks in Maharashtra. Hazoor Multi Projects will develop this project in collaboration with a multinational company from the United Kingdom. This 1.2 GW capacity […] Read more
