JSW, UPPCL Sign 1,500 MW Pumped Hydro Storage PPA Updated On Thu, May 1st, 2025 by Saurenergy JSW Neo Energy Limited, a JSW Energy subsidiary, signed a Pumped Hydro Storage Power Procurement Agreement (PHSPPA) with Uttar Pradesh Power Corporation (UPPCL) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage. The PHS PPA would be used to supply energy storage capacity for 40 years. As per the order, […] Read more
Indian Oil Okays ₹1,086 Cr Additional Investment In Terra Clean Updated On Thu, May 1st, 2025 by Saurenergy Indian Oil Corporation Ltd has approved an additional equity investment of ₹1,086 crore in its wholly owned subsidiary Terra Clean Ltd to develop 4.3 GW of renewable energy capacity, the company said in a regulatory filing. The fresh investment supplements the ₹1,303.75 crore previously sanctioned for developing 1 GW of renewable capacity through Terra Clean, […] Read more
NTPC Green Commissions 75 MW Solar Project Updated On Thu, May 1st, 2025 by Saurenergy NTPC Green Energy Ltd has commissioned a 75 MW renewable energy capacity under Lot-4 of the IRCON Renewable Power Ltd (IRPL) project, raising the project’s cumulative operational capacity to 225 MW out of a planned 500 MW, the company said in a regulatory filing. IRPL is a joint venture between Ayana Renewable Power Pvt Ltd, […] Read more
Jindal Poly Films To Acquire Stake In Solar Film Maker Enerlite Updated On Thu, May 1st, 2025 by Saurenergy Jindal Poly Films Ltd (JPL) will acquire full ownership of Enerlite Solar Films India, a manufacturer of encapsulation films used in photovoltaic (PV) modules, the company said in a regulatory filing on Wednesday. JPL, which currently holds a 33.05% stake in Enerlite, said the firm would become a wholly owned subsidiary following the transaction. The […] Read more
Green Stocks April 30: No Joy For Green Stocks On Volatile Day Updated On Wed, Apr 30th, 2025 by Saurenergy Today was an exceptionally rough day in some ways for our green energy pack, as not a single stock ended up in the green. While the extent of losses varied, the losses were hardly insignificant for most, as you can see in the table. EPCs were particularly badly hit, as they suffered higher losses than […] Read more
MP Approves 2 GW Solar, 1 GW Storage For Shared Supply With UP Updated On Wed, Apr 30th, 2025 by Saurenergy Madhya Pradesh Chief Minister Mohan Yadav approved setting up a 2,000 MW solar park and a 1,000 MW composite energy storage project at a recent cabinet meeting. The minister said in the statement, “This initiative aims to supply electricity on a complementary basis to both Madhya Pradesh and Uttar Pradesh, as the peak demand periods […] Read more
Inox Green Enters Solar O&M With 675 MWp Projects Across India Updated On Wed, Apr 30th, 2025 by Saurenergy Inox Green Energy Services has agreed to provide operations and maintenance (O&M) services for 675 MWp of solar projects owned by one of India’s leading renewable energy companies. The projects are located across multiple states in India. With the agreement, Inox Green — one of the country’s leading renewable O&M service providers — marks its […] Read more
Spanish Grid Collapse Places Spotlight On Grid Resilience, Diversified Sourcing Updated On Wed, Apr 30th, 2025 by Saurenergy With power restored to over 99% of consumers by 29th April, the power outage in Spain and Portugal that happened on the 28th is the subject of deep investigation. Depending on which side of the fence you are, people have rushed to blame/defend renewable energy, but a more clear eyed certainty seems to be anything […] Read more
Tata Power Issues Tender for 250 MW FDRE Updated On Wed, Apr 30th, 2025 by Saurenergy After a lull in FDRE (Firm and Dispatchable Renewable Energy) issuances, Tata Power has announced a 250 MW capacity FDRE tender. The tender seeks 4 hours of power availability during peak hours defined between 1700-2400 hours. The deadline for submissions is June 4, 2025. The tender specifies the flexibility to use wind, solar and ESS […] Read more