Suzlon Acquires 51% Stake In Wind O&M Services Firm Renom Updated On Wed, Aug 7th, 2024 by Saurenergy Suzlon Group, India’s largest renewable energy solutions provider, has executed definitive agreements for the acquisition of a 76% stake in Renom Energy Services Private Limited (“Renom”), in two tranches, from the Sanjay Ghodawat Group (SGG). Renom is the largest Multi Brand Operations and Maintenance service (“MBOMS”) provider in the country with assets of 1,782 MW […] Read more
Q1 Results: Tata Power Sees 31% Growth In Net Profits Updated On Tue, Aug 6th, 2024 by Saurenergy Tata Power today reported its financial results for the latest quarter (Q1) for financial year 2024-25. The data submitted by the company revealed that the company reported a 13 percent growth in its net profit on a Year-on-Year (YoY) basis. The company reported its highest ever and 19th consecutive quarter of PAT (Profit After Tax) […] Read more
Fourth Partner Energy Secures $275 Mn Investment From IFC Consortium Updated On Tue, Aug 6th, 2024 by Saurenergy International Finance Corporation (IFC), Asian Development Bank (ADB) and DEG today made a $275 Mn investment into Fourth Partner Energy (FPEL). IFC is a global impact investor and DEG is a German investment and development company. The consortium’s investment will infuse capital to fund FPEL’s business expansion plans which include a target portfolio of 3.5 […] Read more
Gentari Green Mobility Launches Formally With Gentari Go App In India Updated On Tue, Aug 6th, 2024 by Saurenergy The Gentari Go app has been officially launched in India, part of Gentari Green Mobility India’s foray into the Indian sustainability market. The app is designed to be an integrated, all-in-one customer experience platform that allows users to seamlessly access clean energy offerings, from home solar to green mobility solutions. At the unveiling event, Gentari […] Read more
Inox Wind Secures Latest 201 MW Order From Integrum Energy Updated On Tue, Aug 6th, 2024 by Saurenergy Wind Energy company Inox Wind Limited (IWL) today announced bagging an order for 201 MW of wind turbines from Integrum Energy Infrastructure Ltd, a leading C&I player. The Uttar Pradesh-based wind company received an equipment supply order for IWL’s latest 3 MW Wind Turbine Generators (WTGs). Additionally, Inox Wind will provide post-commissioning multi-year operations & […] Read more
News Briefs Aug 6-Nextracker Acquires Ojjio, BrightNight Raises $440 Million, Marinus Link Updated On Tue, Aug 6th, 2024 by Saurenergy Nextracker Acquires PV Foundation Maker Solar Pile International US based PV tracker major Nextracker has acquired US-based solar PV foundations supplier Solar Pile International (SPI) for US$48 million. This is Nextracker’s second acquisition of a solar foundation maker after Ojjio that was closed in June this year for $120 million. Announcing the acquisition during Nextracker’s […] Read more
SECI Issued 8.4 GW Green Project Tenders In 2023-24: Data Updated On Tue, Aug 6th, 2024 by Saurenergy The Solar Energy Corporation of India Limited (SECI) in its recent statement said that it has been able to issue renewable energy tenders of upto 8440 MW in 2023-24. The central tendering authority recently talked about its annual performance in the last fiscal year. It also declared financial results of the company. “In FY24, SECI […] Read more
Italy To Add GW Plus HJT Manufacturing With Chinese Specialist Huasun Updated On Tue, Aug 6th, 2024 by Saurenergy Italy, one of the few European countries with a long history of solar manufacturing, is set to add a further GW plus of manufacturing for Wafers, cells and modules, using HJT (Heterojunction) Technology. The deal was signed between local player BEE Solar and Chinese HJT specialist, Huasun Energy. HJT, widely perceived as the more expensive […] Read more
IITM Research Park Launches 1MWh Battery Storage System Updated On Mon, Aug 5th, 2024 by Saurenergy On August 5, 2024, the Indian Institute of Technology Madras (IITM) research park launched the first-of-its-kind large-scale 1MWh lithium-ion battery storage system. The launch was done in the presence of Michelle Lujan Grisham, Governor of New Mexico. The storage system, designed and developed by the Center for Excellence in Energy & Telecommunications (CEET) is part […] Read more
