Offers For 3500 MW Pour In For PTC India Call For 1000 MW RE From Developers Updated On Wed, Nov 9th, 2022 by Saurenergy PTC India, the listed power trading firm, has announced that it has received a strong response to its call for expressions of interest from relevant players to supply 1000 MW of renewable energy for onward sales through market linked products. The 500 MW plus 500 MW greenshoe option was part pf Phase 1 of PTC […] Read more
KKR to Invest $400 Million in Sterlite Backed Serentica Renewables Updated On Tue, Nov 8th, 2022 by Saurenergy Kohlberg Kravis Roberts (KKR), a leading global investment firm, and Gurugram-based Serentica Renewables, a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, have announced the signing of definitive agreements. Under the agreements, KKR will invest $400 million in the company. Standard Chartered Bank acted […] Read more
Masdar, Infinity Joint Venture Powers COP 27 with Green Energy Updated On Tue, Nov 8th, 2022 by Saurenergy There couldn’t have been a better occasion and a symbol for Masdar than to offer green energy coming from renewable sources for COP-27 under UNFCCC. A joint venture between UAE’s flagship RE company and Egypt’s Infinity called – Infinity Power Holding – announced that the solar PV plant it has developed in Sharm El-Sheikh is […] Read more
With 165 GW Achieved, Investment of Over $300 Bn Needed to Achieve Another 335 GW by 2030 Updated On Mon, Nov 7th, 2022 by Saurenergy India needs strategic investments of more than $300 billion to achieve its clean energy capacity target of 500 GW by 2030, Arthur D. Little (ADL) has postulated a new study. Further, the study states that with 165 GW generation capacity already in place, India is on the right trajectory to meet its goal of having […] Read more
Talesun Solar, Artsolar Set Off Operation of 325 MW Solar Facility in South Africa Updated On Mon, Nov 7th, 2022 by Saurenergy Germany manufacturer of photovoltaic modules Talesun Solar has announced that it has put the 325MW solar power PV module facility into operation in South Africa. The solar power project has been jointly built by Talesun Solar and ARTsolar. ARTsolar claims to be South Africa’s only locally-owned solar panel manufacturer that specialises in the manufacture of […] Read more
Madhya Pradesh Wins Central Support for Power and Renewable Equipment Manufacturing Zone Updated On Mon, Nov 7th, 2022 by Saurenergy The Madhya Pradesh Industrial Development Corporation (MPIDC) has been selected by the Project Management Agency (PMA) for setting up a manufacturing zone on pilot basis for power and renewable energy equipment. The Expressions of Interest for the same had been called for in May this year, following which, a total of eight states applied for […] Read more
Italy’s Enel, Israel’s Brenmiller Inaugurate Rock-Based Storage System ‘TES’ in Italy Updated On Mon, Nov 7th, 2022 by Saurenergy The largest utility in Italy Enel Group and Israeli firm Brenmiller Energy have set up an innovative, sustainable rock based energy storage system in Tuscany in Italy which is completely sustainable and capable of accelerating the energy transition. The integration of the thermal energy storage (TES) system with the existing power plant enables Enel and […] Read more
Sterlite Power Mulls Over Investment of Rs 50,000 Crore in RE in Karnataka Updated On Fri, Nov 4th, 2022 by Saurenergy Pratik Agarwal, Managing Director, Sterlite Power, has revealed that his company will invest Rs 50,000 crore in renewable energy in the state of Karnataka. Speaking at the Global Investors’ Meet, Pratik Agarwal held, “Over the next five years, we plan to increase the renewable capacity by 10-fold and invest close to Rs 50,000 crore into […] Read more
Oman Begins Tendering for 500-MW Solar Project Updated On Fri, Nov 4th, 2022 by Saurenergy When the Middle Eastern countries of Saudi Arabia and UAE are going bullish on renewable energy, Oman doesn’t like the idea of staying behind by far. In a key development, Oman Power and Water Procurement Co. (OPWP) has come up with a tender to select the independent power producers (IPPs) for the development of a […] Read more
