IREDA Witnesses 26.71% Growth In Loan Book In 2023 Updated On Tue, Apr 2nd, 2024 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA), a green Non-Banking Financial Company (NBFC) in the country, claims to have achieved its highest-ever annual loan sanctions and disbursements in the financial year 2023-24. IREDA has sanctioned loans amounting to Rs. 37,354 crores and disbursed loans worth Rs. 25,089 crores during the fiscal year. This has led […] Read more
LG Energy, GM’s Sec. Ultium Cells Plant Begin Production In Tennessee Updated On Tue, Apr 2nd, 2024 by Saurenergy Ultium Cells, a joint venture of South Korean-based LG Energy Solution and General Motors (GM), recently announced more than $2.3 billion in investment. This investment is undertaken to build its second battery cell manufacturing plant in the United States (US) in Spring Hill, Tennessee. Ultium Cells plans to build the new plant on land leased […] Read more
NTPC Invites EoI For 50MW Concentrated Solar Project In Uttar Pradesh Updated On Tue, Apr 2nd, 2024 by Saurenergy National Thermal Power Corporation (NTPC) recently released a tender inviting an expression of interest (EoI) for setting up Inter-State transmission System (ISTS) connected 50MW concentrated solar power (CSP) project with Thermal Energy Storage System (TESS) in Uttar Pradesh (UP). The tender is probably the first large tender for CSP from any PSU in India. NTPC […] Read more
NTPC Invites Vendor Enlistment Bids For 20 MWp Solar Project In UP Updated On Tue, Apr 2nd, 2024 by Saurenergy National Thermal Corporation of India (NTPC) released a tender for 20 MWp project in Uttar Pradesh (UP) for enlistment of EPC vendors to develop rooftop and ground mounted solar PV in one tender. The company specified the technical criterion for the bidder, to have designed/ engineered, supplied, erected/ supervised erection and commissioned/ supervised commissioning of […] Read more
Roofsol Energy Receives 10.5 MWp Solar Project From Shree Cement Updated On Mon, Apr 1st, 2024 by Saurenergy Mumbai-based EPC company Roofsol Energy Pvt Ltd has been awarded a solar project by Shree Cement Limited of 10.5 MWp capacity. The ground-mounted “Behind the Meter” project is to be implemented in Uttarakhand and Jharkhand. The company mentioned about its project stating, “Shree Cement owns and operates cement grinding units in 9 locations across India […] Read more
ACWA Signs 25 Years PPA To Develop Wind, BESS Project In Uzbekistan Updated On Mon, Apr 1st, 2024 by Saurenergy Saudi based power company ACWA POWER signed a Power Purchase Agreement (PPA) with National Electric Grid of Uzbekistan. This agreement falls under the Public Private Partnership law in Uzbekistan with the National Electric Grid of Uzbekistan for Nukus 200 MW wind power project along with Battery Energy Storage System (BESS) to be set up in […] Read more
iFOREST Report Sees Potential For More Ambitious Renewable Targets In Assam Updated On Mon, Apr 1st, 2024 by Saurenergy iFOREST a research-based organization, in a recent report on enabling renewable energy in Assam recognized the steps taken by the Assam government to increase renewable energy (RE) penetration. It considered the states progress since the announcement of the Assam Renewable Energy Policy 2022 (AREP 2022) in November 2022. iFOREST’s research indicates the need for accelerated […] Read more
Rs 1.5 lakh Cr. Opportunity In Introducing Smart Meters : CRISIL Updated On Mon, Apr 1st, 2024 by Saurenergy CRISIL rating shared recent data on the current status of smart meters installed by the government under India’s Smart Meter National Program (SMNP). The government planned to replace 25 crore (250 million) conventional electricity meters with prepaid smart meters and upgrade power distribution infrastructure, including feeders and transformers. The report mentioned an estimated capital expenditure […] Read more
Zetwerk Wins Order From Indian Oil To Set Up 1400+ Fast EV Chargers Updated On Thu, Mar 28th, 2024 by Saurenergy Bengaluru-based Zetwerk, which is a managed marketplace for contract manufacturing announced its plans to install electric vehicle (EV) fast chargers in major cities and on key highways to enhance accessibility and travel convenience. Zetwerk, a managed marketplace for contract manufacturing recently, secured an order with Indian Oil Corporation Limited (IOCL) to set up EV fast […] Read more
