Wind Repowering in India Waits for a Favourable Wind Updated On Mon, Feb 28th, 2022 by Saurenergy The benefits of solar and wind energy as clean alternatives to oil, coal and gas are well established globally. Though many countries started their solar journey early, India’s solar-energy build-up has been consistently gathering momentum over the last decade, with the last five years seeing a sharp spurt. The wind energy sector, on the other […] Read more
Avaada Energy to deliver Bihar’s first floating solar power plant Updated On Fri, Feb 25th, 2022 by Saurenergy With a high population density and low land availability, Bihar is now using its water bodies to generate clean energy. The Bihar Government has commissioned a 2 megawatt (MW) floating solar power unit in Darbhanga district to Avaada Energy over a six acre water body and the project is about to be commissioned. The project […] Read more
Sify to power its data centre business with wind and solar energy Updated On Thu, Feb 24th, 2022 by Saurenergy Sify Technologies Ltd, an information and communications technology company, has signed a new deal with Singapore-based Vibrant Energy Holdings to procure 231 MW of electricity from solar and wind farms to supply the power needs of its hyper-scale data centres. It was announced by the two companies that the Indian firm inked power purchase agreements […] Read more
Azure Power refinances its 600 MW solar project Updated On Wed, Feb 23rd, 2022 by Saurenergy Azure Power Global Limited has said that it has refinanced its 600 MW solar power project – which is based in the state of Rajasthan – at the lowest rate of interest in its portfolio up to the present time. The company statement says that it has successfully refinanced its existing project finance facility of […] Read more
Adani opens Hydrogen gambit in Fuel cell pact with Ballard Power Updated On Tue, Feb 22nd, 2022 by Saurenergy The Gautam Adani-led Adani Group, which has announced a massive plan to stay on top of the renewable energy space in India and even the world, has just announced its first big move into the green hydrogen space. The firm has announced the signing of a non-binding pact with Nasdaq-listed Ballard Power Systems to evaluate […] Read more
RWE, Tata Power to Jointly Explore Offshore Wind Potential in India Updated On Mon, Feb 21st, 2022 by Saurenergy RWE and Tata Power have agreed on a partnership to explore the potential for the joint development of offshore wind projects in India. A corresponding Memorandum of Understanding (MoU) has been signed between Tata Power Renewable Energy Limited, a 100 percent subsidiary of Tata Power, which is one of India’s largest integrated power companies, and […] Read more
Indian Oil Says New Policy to Cut Green H2 Cost by 40-50% Updated On Mon, Feb 21st, 2022 by Saurenergy Largest Indian oil firm IOC will set up ‘green hydrogen’ plants at its Mathura and Panipat refineries by 2024 to replace carbon-emitting units as it sees the just announced green hydrogen policy as a watershed moment in the country’s energy transition that will help cut costs. SSV Ramakumar, Director for Research and Development at Indian […] Read more
Husk Secures Funding For Solar Microgrids in Rural India Updated On Thu, Feb 17th, 2022 by Saurenergy Patna based Husk Power Systems, the rural clean energy services leader in Africa and Asia and operator of the largest fleet of community solar microgrids in India, today announced the successful close of a Rs.31 crores ($4.2 million) debt financing from the India Renewable Energy Development Agency (IREDA) Ltd. Besides the IREDA loan, Husk expects […] Read more
India Signs LoI with Australia for Solar & Hydrogen JV Updated On Thu, Feb 17th, 2022 by Saurenergy At the recently held virtual 4th India-Australia Energy Dialogue, the two countries signed a Letter of Intent (LoI) to jointly contribute to the advancement of new and renewable energy technology. The focus of this partnership is planned to be on scaling up manufacture and deployment of ultra low-cost solar and clean hydrogen. “This LoI will pave […] Read more