IACC Summit: US Reaffirms Commitment To Support India’s Energy Transition Updated On Wed, Aug 7th, 2024 by Saurenergy United States (US) has expressed its strong commitment to supporting India’s ambitious energy transition efforts, said Jonathan Heimer, Minister Counselor for Commercial Affairs at the US Foreign Commercial Service (FCS). He was speaking at the second Energy Summit of the Indo-American Chamber of Commerce (IACC) in New Delhi. Heimer highlighted the deepening ties between the […] Read more
Study Points Out At India’s Key Role In Energy Transition In Asia Updated On Wed, Aug 7th, 2024 by Saurenergy The Rockefeller Foundation released a new report which talked about the important role played by India in the overall energy transition in Asia. It appreciated the role of the country and deploying renewable energy projects at an ‘unprecedented pace’. The report calculated an 8,700 terawatt-hour (TWh) “Green Power Gap” across 72 countries in Africa, Asia, […] 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
Neuron Energy Secures Rs. 20 Cr In Series A Funding Updated On Tue, Aug 6th, 2024 by Saurenergy Neuron Energy today concluded its Series A funding round, raising Rs. 20 Crores from investors, including contributions from the Chona Family, a venture capital firm, and Capri Global Family Office, a Non-Banking Financial Company (NBFC). Neuron Energy is an electric vehicle (EV) battery manufacturer that offers various electric mobility solutions that span from lead-acid to […] 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
NTPC Achieves 76 GW Capacity, Adds 4 GW In FY24 Updated On Tue, Jul 30th, 2024 by Saurenergy NTPC, at its annual investor’s meeting, announced it has attained a 76 GW installed capacity by June end, of 2024. The company added 4 GW of capacity in FY24, with 21 GW currently under construction and 26 GW under planning. The latest addition was the completion of a small but prestigious 40 MW project at […] Read more
Oriana Power Receives 10 MW Solar Project From Tamil Nadu Updated On Mon, Jul 29th, 2024 by Saurenergy Delhi-based Oriana Power has secured a 10 MW solar project in Tamil Nadu. The company plans to execute the project during the financial year 2024-25. The company’s project order size is Rs. 37.18 crore. Earlier this week, Oriana Power secured a new solar plant project of 40 MWp capacity. This project will be implemented by […] Read more
L&T Gets Multiple Order To Build Grid Elements In India, Abroad Updated On Mon, Jul 29th, 2024 by Saurenergy Larsen & Toubro (L&T) recently received multiple orders to set up transmission networks and substations in India and abroad. The Power Transmission & Distribution (PT&D) business of Larsen & Toubro recently won new orders to support develop an interconnected electricity network in India and abroad. The Power Transmission & Distribution (PT&D) business vertical of L&T […] Read more
SWREL Gets Two Projects In Rajasthan And Karnataka Updated On Fri, Jul 26th, 2024 by Saurenergy Leading EPC firm Sterling and Wilson Renewable Energy Limited (SWREL), received two domestic orders. One order is for an EPC project for a GWH-scale stationary battery energy storage project in Rajasthan. This project is for a 500 x 2 (1,000 MWhr) standalone BESS plant in the region. Additionally, the company also secured a 20 MW […] Read more