Inox Wind Executes 990 MW Wind Energy Order For Purvah Green Updated On Mon, Apr 21st, 2025 by Saurenergy Inox Wind Limited (IWL) has executed a 990 MW turnkey order under a 1,500 MW framework agreement, with implementation underway across multiple sites in Gujarat, Rajasthan, and Madhya Pradesh. The company said it has received all project-related advances, and commissioning is expected to begin in phases from FY26 onwards. The order from Kolkata-based Purvah Green […] Read more
Adani Ends Up With 8534 MW From Mfg. Linked Tender, Azure Left With 1667 MW Updated On Mon, Apr 21st, 2025 by Saurenergy In a petition before the Central Electricity Regulatory Commission (CERC) where the commission finally stayed away from any comment or order, SECI has allocated 8534 MW out of the total 12000 MW to Adani Green, while Azure Power, which had won 4000 MW in comparison to Adani’s 8000 MW in the same tender, has been […] Read more
European RE PPA Market Adds 19 GW New Capacity In 2024 Updated On Thu, Apr 17th, 2025 by Saurenergy The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report. The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […] Read more
Zelestra India appoints Prashant Kumar as Chief Financial Officer Updated On Thu, Apr 17th, 2025 by Saurenergy Zelestra, a global renewable energy with a portfolio of over 29 GW clean energy projects across 13 countries has announced the appointment of Prashant Kumar as Chief Financial Officer for its India Business Unit, effective immediately. Prashant will report directly to Sajay KV, CEO and will oversee all financial operations for India. This strategic appointment […] Read more
Q4 FY25: IREDA Posts ₹1,699 Cr Annual Profit, Up 36% YoY Updated On Wed, Apr 16th, 2025 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) records an annual profit after tax (PAT) of ₹1,699 crore for the financial year ended March 31, 2025, marking a 36% jump from the previous year. The state-run green financing firm said PAT for the fourth quarter (Q4 FY2024) rose 49% year-on-year to ₹502 crore. Profit before tax […] Read more
BrightNight, Hero Future Energies Inks PPA With NTPC For FDRE Project Updated On Wed, Apr 16th, 2025 by Saurenergy BrightNight has signed a power purchase agreement (PPA) with state-run NTPC to supply 110 MWac of firm and dispatchable renewable energy (FDRE) over 25 years. The company said, “The energy will be delivered from a 350 MWp solar-wind hybrid project integrated with a 100 MWh battery energy storage system in Rajasthan, and connected via the […] Read more
FY25: Adani Green Energy Operational Capacity Reaches 14.2 GW Updated On Tue, Apr 15th, 2025 by Saurenergy Adani Green Energy Ltd (AGEL) reported a 30% year-on-year increase in operational capacity to 14.2 GW in FY25, with an additional 1 GW nearing completion, the company said in its provisional operational update. The company in a recent update shared, “Adani’s energy sales rose 28% year-on-year to 27,969 million units during the fiscal year, driven […] Read more
BC Jindal Forays Into RE Component Manufacturing With ₹4,000 Cr Investment Updated On Tue, Apr 15th, 2025 by Saurenergy BC Jindal Group has announced its entry into component manufacturing for renewable energy power generation. In the first phase of the project, the group aims to deploy an investment of Rs 4,000 crore to kickstart its renewable energy component manufacturing venture. This phase will include setting up 2 GW of solar cell manufacturing/ solar module […] Read more
Serentica, NTPC Sign PPA To Supply 200 MW FDRE To UP DISCOMs Updated On Tue, Apr 15th, 2025 by Saurenergy Serentica Renewables has signed a power purchase agreement with state-run NTPC Ltd to supply 200 MW of firm and dispatchable renewable energy (FDRE) to Uttar Pradesh’s distribution companies (DISCOMS). The project will combine solar, wind, and battery storage assets across multiple states to deliver on-demand renewable power, particularly during the state’s morning and evening peak […] Read more
