Author: Saur News Bureau

Kishor Nair Is New Chief Executive Officer Of Avaada Energy

Avaada Group has appointed Kishor Nair as Chief Executive Officer (CEO) for its renewable arm Avaada Energy. Kishor has been with group since its inception and has risen through the ranks. Avaada Group claims to be India’s leading integrated energy group with business interests across the energy transition value chain. Avaada said that Nair has […]

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Solar Energy Corporation of India Gets ‘Miniratna Category-I’ Status  

The Ministry of New and Renewable Energy (MNRE), in its latest communication, said that the Solar Energy Corporation of India Limited (SECI) had been accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE) status on April 10, 2023. SECI, an arm of the MNRE, is the primary project implementing agency formed on September […]

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UK Offers £30 Million For Capture & Storage Of More Renewable Energy

Renewable businesses, in locations including Scotland and Nottingham, are set to benefit from a £30 million support that has come from the UK government in terms of designing and testing innovative technology of the future that will modernise energy system and storage for renewable energy for later use. UK Government has said that capturing and […]

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IberBlue Wind Constructing 2 GW Offshore Wind on Spain-Portugal Border

Iberian peninsula focused joint venture firm IberBlue Wind will be developing its first cross-border offshore wind project on the Spanish-Portuguese border. The total capacity of the wind projects will be 1.96 GW and spread over an area of 530 square km. Juan Sebastián Elcano and Creoula wind farms – the two upcoming projects – will […]

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RBI Releases Guidelines To Banks For Acceptance Of Green Deposits

The Reserve Bank of India (RBI) has issued a dedicated set of guidelines to the Indian banks and Non-Banking Financial Institutions (NBFCs) for accepting green deposits effective June 1, 2023. The move will likely boost the country’s financing of renewable energy projects. As per the mandate of the RBI, the financial institutions will extend the […]

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EV Charging Hub in Kolkata That Fast-Charges 25 Vehicles At The Same Time

West Bengal Housing Infrastructure Development Corporation (WBHIDCO) has joined hands with Powerbank for the establishment of charging hub for EVs in Kolkata. The firm maintains that this is the largest public fast charging hub for EVs in the eastern part of India. Powerbank is a firm that sets up EV charging networks. The EV hub that […]

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Backed by Favourable Policies, US Welcomes Largest Community Solar Project

The idea of solar in the USA is gathering momentum. The credit primarily goes to the Inflation Reduction Act, which has been insturmental in giving a fresh impetus to clean energy in the country. The landmark Act paves the path for provisions for tax credits for solar projects. Community Solar is also gaining traction rapidly […]

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Sembcorp Awards 50.4 MW Wind Power Project to Suzlon

Renewable energy solutions provider Suzlon Group has announced a new order win for the development of a 50.4 MW wind power project for Sembcorp’s renewables subsidiary Green Infra Wind Energy Limited. The firm will be responsible for installing 24 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of […]

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