Mahindra Electric Approves Rs 12,000 Cr Investment In EVs Updated On Fri, May 17th, 2024 by Saurenergy Mahindra Electric Automobile Limited recently approved an investment of Rs. 12,000 Cr. in Mahindra Electric Automobile Limited (MEAL) in one or more tranches, over three years up to 31st March 2027. MEAL is expected to fund in company over the next 3 years. Moreover, Mahindra and Mahindra (M&M) and its auto division are expected to generate sufficient operating cash to satisfy all their capital investment needs. Previously, […] Read more
News in Briefs May 17- Indians On Global Warming, Blupine & Anganwadi Workers, Honeywell-Enel North America Updated On Fri, May 17th, 2024 by Saurenergy 91 Percent of People in India are Worried About Global Warming Large majorities of the Indian public say global warming is happening, a serious threat to India, and support government action on climate change, according to results from a nationally representative survey released in the United States by the Yale Program on Climate Change Communication […] Read more
Vikram Solar Bags 397.7 MWp Module Order From NTPC Updated On Fri, May 17th, 2024 by Saurenergy The planned 30 GW solar park at Khavda, Gujarat is clearly going to be in the news for a long time. The latest is a significant project win for leading solar module maker Vikram Solar which has secured a landmark 397.7 MWp module supply order for NTPC Renewable Energy Limited. Vikram Solar’s modules will power […] Read more
ADB Approves $148.5mn To Boost RE, Power Distribution In Sikkim Updated On Fri, May 17th, 2024 by Saurenergy The Asian Development Bank (ADB) has approved a $148.5 million loan to help strengthen, modernize, and climate-proof distribution systems to enhance the reliability, quality, and resilience of electricity supply in Sikkim, India. The scope of work also includes boosting renewable energy systems. Philippines-headquartered ADB will help develop a financial sustainability strategy and a plan to […] Read more
Deepak Pandey Led Solar Startup GP Eco Solutions Seeks NSE Emerge Listing Updated On Fri, May 17th, 2024 by Saurenergy Noida-based GP Eco Solutions India Limited (GPES) has confirmed its plans to go ahead with an IPO on NSE Emerge soon, after first announcing it back in March this year. “GP Eco Solar intends to raise capital between Rs. 30 Crore and Rs. 35 Crore, subject to approval. The IPO funds will fuel our growth, […] Read more
SJVN Invites Bids For 376 MWp GUVNL Solar Project Updated On Fri, May 17th, 2024 by Saurenergy Indian PSU, SJVN Green Energy Limited (a wholly owned subsidiary of SJVN Limited) invited online bids from eligible bidders to manufacture and supply solar PV modules of 376.60MWp capacity for the Gujarat Urja Vikas Nigam Ltd. (GUVNL) Phase-XIV solar power project. The SJVN project includes (i.e. Stage-1: Techno-commercial Bid & Stage-2: Price Bid) with Reverse […] Read more
Green Stocks May 16: Inox Wind, Sterling & Wilson Stock Prices Up Updated On Thu, May 16th, 2024 by Saurenergy In the last one day five out of 11 green stocks reported an increase in their stock prices. The highest jump in prices stock prices was reported in the stock prices of Inox Wind. The Indian wind energy firm reported a rise of 5 percent in its stock prices. Other green companies reported a minor […] Read more
Australia’s Origin Energy To Establish 2 GWh Battery In Queensland Updated On Thu, May 16th, 2024 by Saurenergy Origin Energy has filed an environmental study with the Australian government for the construction of a new 500 MW/2,000 MWh battery energy storage facility to be developed near Kogan, approximately 40 km west of Dalby in Queensland’s Darling Downs region. The largest combined cycle gas-fired power plant in Australia, the 630 MW Darling Downs power […] Read more
Enfinity Global Finances 1.2 GW Solar, Wind Power Plants In India Updated On Thu, May 16th, 2024 by Saurenergy US-based Enfinity Global Inc., today announced that it has signed $135 million in financing for the development and construction of 1.2 GW of solar and wind projects in India. The financing is being provided by the Canada Pension Plan Investment Board (CPP Investments) through subsidiaries of CPPIB Credit Investments Inc. The projects in this portfolio, […] Read more
