ACWA to Invest $120 Million in Uzbekistan Renewables Afresh Updated On Sun, May 21st, 2023 by Saurenergy Saudi Arabia’s ace renewable energy developer ACWA Power has inked two key agreements at the EBRD 2023 Annual Meeting and Business Forum in Samarkand to advance Uzbekistan’s target to decarbonise 35% of its energy sector by 2030. In the first set of agreements with the chemicals company, Uzkimyosanoat of Uzbekistan, ACWA Power will decarbonise the […] Read more
NTPC Reports Highest Ever Annual Generation, 32% Surge In Income In FY23 Updated On Fri, May 19th, 2023 by Saurenergy The National Thermal Power Corporation of India (NTPC) today announced its Q4 and FY23 Financial Results. The leading power generator of the country claimed that during FY23, it reported the highest-ever annual generation of 399 Billion Units (BU) compared to 361 BU in FY22, registering a growth of around 11 percent. The audited results of […] Read more
RUMSL Solicits Bids for Allotment of Pumped Hydro Storage Sites in MP Updated On Fri, May 19th, 2023 by Saurenergy Rewa Ultra Mega Solar Ltd (RUMSL) has issued an RFP for allotment of pumped hydro storage sites in Madhya Pradesh. The total cost of the bidding document is INR 295000. The technical Bid is required to be submitted in online form by July 4, 2023. The financial bid is also to be submitted by the […] Read more
Bangladesh Opens Up Small, But Profitable Opportunity Next Door For Indian Developers Updated On Fri, May 19th, 2023 by Saurenergy Of late, Bangladesh, powered mostly by thermal power and blessed with an unfavourable location for hydropower, has made a serious effort to ramp up its renewable capacity. The country, which has a deficit of power supply that forces it to import from India, hopes that by 2041, 40 per cent of its total power requirements […] Read more
Masdar Doubles Clean Energy Capacity in Just Two Years Updated On Fri, May 19th, 2023 by Saurenergy The UAE flagship renewable energy company Masdar has announced that it has almost doubled its clean energy capacity and CO2 displacement in a space of just two years. Masdar claims to be on track to become one of the world’s largest renewable energy companies by 2030. Masdar achieved a clean energy capacity of 20 GW […] Read more
REMCL Launches National Energy Management Centre for Energy Data Collection from SEMCs Updated On Thu, May 18th, 2023 by Saurenergy Railway Energy Management Company Ltd (REMC Ltd), which is a subsidiary of RITES Ltd, has established the National Energy Management Centre (NEMC) at its workplace. The Energy Management Centre will look into the supervision of as well as purchase power for the Railways. This will be done at a pan India level. The inauguration of […] Read more
Repsol To Invest €500 Million For 1.7 GW Renewables In Italy Updated On Wed, May 17th, 2023 by Saurenergy Repsol will develop renewable projects in Italy totalling 1,768 MW. It has a portfolio in the country that, once fully operational, will add 943 MW of wind and 825 MW of photovoltaic solar projects to the multi-energy company’s portfolio of renewable projects. More than 60% of the projects in Italy are at an advanced stage […] Read more
Vibrant Energy, Saint-Gobain Sign PPA for Round-the-Clock Renewable Energy Updated On Wed, May 17th, 2023 by Saurenergy Corporate renewable energy solutions provider Vibrant Energy and Saint-Gobain India have entered into a long-term PPA for the delivery of round-the-clock wind-solar hybrid energy to Saint-Gobain facilities in India. Vibrant Energy is a portfolio company of Macquarie Asset Management’s Green Investment Group (MAM-GIG). As a part of the PPA, Vibrant Energy will set up 75 […] Read more
With 300 MW Win In REMCL RTC Tender, Ayana Energy Portfolio Set To Expand To 5 GW Updated On Wed, May 17th, 2023 by Saurenergy Bengaluru headquartered Ayana Renewable Power is set to expand it’s portfolio size to over 5 GW with the allotment of 300 MW for itself in the REMCL (Railway Energy Management Company Limited) RTC tender. REMCL is a JV between the Railways and RITES. Other winners in the crucial tender were NTPC with a 500 MW […] Read more
