Radiance Renewables Elevates Nitin Bhatia To CEO Updated On Mon, May 26th, 2025 by Saurenergy Radiance Renewables has appointed Nitin Bhatia as the new Chief Executive Officer (CEO) of Radiance Renewables. Bhatia brings over two and a half decades of leadership experience in investment banking and infrastructure finance, with significant roles in Tata Capital, and Babcock & Brown. The company said, “Since Radiance’s inception in 2019, Nitin has been a driving […] Read more
Maharashtra: Onix Renewable Embarks On Its 1.9 GW Solar Project Updated On Fri, May 23rd, 2025 by Saurenergy Onix Renewable Limited has launched development of a 1,959 MW solar power project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 (MSKVY 2.0), a flagship decentralised solar initiative by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) aligned with the central government’s PM-KUSUM scheme. The ambitious project aims to decarbonise rural electricity supply and bolster […] Read more
India Can Avoid New Coal as Renewables Surge: CREA Updated On Fri, May 23rd, 2025 by Saurenergy India may not need to build new coal power plants to meet future electricity demand, thanks to record growth in renewables and underutilised thermal capacity, a new report by the Centre for Research on Energy and Clean Air (CREA) said Thursday. According to CREA, 32.3 gigawatts (GW) of coal-fired capacity is currently under construction, and […] Read more
Waaree Renewable Technology Incorporates New Subsidiary Updated On Wed, May 21st, 2025 by Saurenergy Waaree Renewable Technologies Limited (WRTL), a player in India’s renewable energy sector, has announced the incorporation of a wholly owned subsidiary named Sunsational Power Private Limited. The company was incorporated in India on May 20, 2025, and will operate within the solar renewable energy industry. In a regulatory filing submitted to both BSE and NSE, […] Read more
With Hybrid Push, Oyster Renewable Aims 2 GW Capacity Updated On Fri, May 16th, 2025 by Saurenergy India-based Oyster Renewable Energy is aiming to commission 2 gigawatts (GW) of renewable energy capacity by 2030, with a sharp focus on the commercial and industrial (C&I) sector, the company said in an interaction with Saur Energy. The independent power producer, founded in 2021, is building a portfolio of hybrid wind-solar projects across several Indian […] Read more
UPERC Proposes Tighter Norms For Banking Renewable Energy Updated On Tue, May 13th, 2025 by Saurenergy In a significant shift likely to impact investment decisions in Uttar Pradesh’s energy sector, the Uttar Pradesh Electricity Regulatory Commission (UPERC) has proposed sweeping changes to the banking provisions for captive and renewable energy projects under its Draft (Captive and Renewable Energy Generating Plants) Regulations, 2024. The new draft regulation, which will replace the 2019 […] Read more
