Keen To Enter Into RE, OTPP Offers Rs 2300 Cr For 49% Stake In Mahindra Susten Updated On Thu, Jun 23rd, 2022 by Saurenergy One of the largest pension funds in Canada, Ontario Teachers’ Pension Plan (OTPP), is looking to acquire a stake of close to 49%, worth Rs 2,300 crore in Mahindra Susten Pvt Ltd, thereby valuing the entity at Rs 4,600 crore, inclusive of debt. An exclusivity clause has been signed between OTPP and Mahindra Susten. With […] Read more
South India’s Second Big Renewable Push Starts Now Updated On Mon, May 30th, 2022 by Saurenergy Introduction Back in 2014-15, when the new government of Prime Minister Modi first took stock, and hiked India’s renewable energy target 5 fold to 175 GW by 2022, a number of assumptions were made. From the share of solar (100 GW), to the share of rooftop solar within that (40 GW), Wind energy (60 GW) […] Read more
Google Has Invested $3.5 B In RE Projects, Will Invest More Worldwide Updated On Fri, May 27th, 2022 by Saurenergy Google is going to pursue new technologies that advance the clean energy mission and run 24/7. It will invest in onsite green energy, battery storage, and micro grids, according to We Mean Business Coalition. Google has signed contracts to procure at least 3,000 megawatts across 26 projects and three continents investing $3.5 billion since 2007. […] Read more
China, Europe Will Lead World To Record-breaking RE Capacity In 2022 Updated On Wed, May 11th, 2022 by Saurenergy The International Energy Agency (IEA) said today (May 11) that China and Europe would lead the world to set a new record in renewable energy capacity in 2022 after which the momentum could drop in the following year. The findings come from IEA’s Renewable Energy Market Update for May, 2022. A press release issued by […] Read more
Karnataka to optimise RE with storage support Updated On Tue, May 10th, 2022 by Saurenergy The Karnataka government is making efforts to capitalise on its generation of renewable energy by boosting its storage capabilities to secure its growing requirement of power. A proposal to increase investments into creating more storage capacity is likely to be placed before the Basavaraj Bommai-led cabinet within the next few weeks. Karnataka is the leading […] Read more
5 Upcoming Trends that will dominate the power sector in the new fiscal Updated On Mon, Apr 25th, 2022 by Saurenergy The world faced numerous challenges in the last fiscal due to pandemic and consequent lockdown. Almost every sector felt the heat but they also indicated the signs of recovery; they are on the path of continuous rise. The new financial year stimulates hopes and aspirations across the sectors to reach the expected targets. The power […] Read more
Goodwe-HT-250KW*10 inverters commissioned at Century Plyboard Industries Ltd Updated On Wed, Apr 13th, 2022 by Saurenergy Chinese solar PV inverters manufacturer GoodWe has partnered with Century Plyboards Ltd., an Indian manufacturer, seller and exporter of plywoods, laminates, doors, PVCs and veneers, to help the latter contribute to environmental longevity and enhance its renewable footprint. Century Plyboards (India) Ltd. offers plywood products under the brand name Century Ply and exports its range of products to over […] Read more
Gujarat tops NITI Aayog’s State Energy and Climate Index-Round 1 Updated On Tue, Apr 12th, 2022 by Saurenergy Gujarat has topped the Niti Aayog’s State Energy and Climate Index-Round 1 (SECI) among larger states, which is aimed at ranking states and Union territories (UTs) on six parameters including discoms’ performance, energy efficiency and clean energy initiatives. With reference to clean energy, particularly solar energy, Gujarat is racing to become number one with a […] Read more
“We are looking at a significant market share in India”, Sunil Thamaran, Enphase Energy Updated On Sat, Mar 19th, 2022 by Saurenergy The Fremont, California Headquartered Enphase Energy has always travelled the path less travelled. Started in 2006, the solar inverter technology firm went the micro-inverter route, instead of the conventional industry move towards string inverters. Over time, the move has paid rich dividends, with the firm closing 2021 with revenues of $1.38 billion, a strong 78.5% […] Read more
