India’s Subsidies For Fossil Fuels 5 Times Higher Than For Clean Energy: IISD Updated On Wed, Mar 13th, 2024 by Saurenergy The 2022 global energy crisis and India’s growing energy demand have led the country to adopt a hybrid approach, expanding all forms of supply in 2023. This approach has pushed India’s total energy subsidies to a 9-year high of INR 3.2 lakh crore (USD 39.3 billion) for the fiscal year ending 2023 (FY 2023), new […] Read more
Adani Green Operationalizes First 1 GW Of 30,000 MW Khavda RE Park Updated On Mon, Mar 11th, 2024 by Saurenergy Adani Green Energy Limited (AGEL), the green developer arm of the Adani group, has operationalized cumulative capacity of 1 MW solar energy at the world’s largest RE park at Khavda, Gujarat. With this, AGEL has achieved operational capacity of 9,478 MW and continues its journey to the stated goal of 45,000 MW by 2030. AGEL […] Read more
BrightNight, ACEN Announce US $1.2B Capital Partnership In Philippines Updated On Mon, Mar 11th, 2024 by Saurenergy BrightNight, a global renewable power producer and a clean and dispatchable solutions provider, announced its partnership with ACEN Corporation (ACEN), the leading Phillippines based industrial and energy group. This partnership was undertaken to advance the development, construction, and operation of Bright Night’s initial 1.0 GW renewable power portfolio in the Philippines. Through this newly formed […] Read more
Suzlon Secures 72.45 MW Order For 3 MW Series From Juniper Green Energy Updated On Thu, Mar 7th, 2024 by Saurenergy Renewable energy solutions provider Suzlon Group today announced a new order that it has secured for the development of a 72.45 MW wind power project from Juniper Green Energy Private Limited. Suzlon will install 23 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each at […] Read more
Sri Lanka Offers An Opportunity For India In Solar Updated On Thu, Mar 7th, 2024 by Saurenergy Sri Lanka, which joined the renewable energy bandwagon much later than many others, thanks to its extended civil war and the brush with bankruptcy till recently, is finally ready to move ahead on its targets. The island nation targets taking the share of renewable energy to 70% of its requirements, from a share of just […] Read more
Toyota, Panasonic Form Primearth For Mass Production Of EV Batteries Updated On Wed, Mar 6th, 2024 by Saurenergy Toyota Motor Corporation plans to mass-produce diverse EV batteries by making Primearth EV Energy Co., Ltd. (PEVE) with Panasonic Holdings Corporation a wholly owned subsidiary to strengthen its capabilities in mass-producing automotive batteries. The acquisition is scheduled to take place in late March. Toyota Motor Corporation has agreed with Panasonic Holdings Corporation (Panasonic HD) to […] Read more
Arevon Energy & Meta Ink Deal For 349 MW Solar Energy In US Updated On Wed, Mar 6th, 2024 by Saurenergy Renewable energy developer, Arevon Energy, Inc., and Meta Platforms have signed two long-term Environmental Attributes Purchase Agreements (EAPA) for the Kelso Solar Project in Scott County, Missouri in the United States. The Kelso Solar Project will generate 349 megawatts (MWac) of power and will help support Meta’s operations in the region with 100 percent renewable […] Read more
The Return of Reverse Auctions For Wind Energy- Bad News Or Normalcy ? Updated On Tue, Mar 5th, 2024 by Saurenergy Following reports that the government has instructed leading PSU energy developers to return to the reverse auction mechanism for wind energy tenders, SaurEnergy tried to check the veracity of the claim. Without coming on record, it appears that a communication has been sent to that effect, to NTPC, SJVN, NHPC and of course SECI, which […] Read more
KPI, GSECL Sign PPA For 200MW On-Grid Solar Project At Khavda Updated On Mon, Mar 4th, 2024 by Saurenergy KPI Green Energy Limited signed a Power Purchase Agreement (PPA) for 200MWAC i.e. (240MWp) grid-connected solar photovoltaic power project. The company stated, “This project was won through a competitive bidding process vide RFS No. GUVNL/800 MW/Khavda/Solar (Phase XX). The project is dated 20th March 2023 and issued by GUVNL for procurement of power from 800 […] Read more
