Indian Oil, L&T, ReNew Power in JV For Green Hydrogen Updated On Mon, Apr 4th, 2022 by Saurenergy In a bid to enable India’s decarbonization push, Indian Oil Corporation Ltd., (IndianOil), the country’s top refiner and fuel retailer, Larsen & Toubro (L&T), India’s premier engineering & construction conglomerate, and ReNew Power (“ReNew”), India’s leading renewable energy company, announced signing of binding term sheet for the formation of a Joint Venture (JV) company to develop the nascent green hydrogen […] Read more
Adani Total Gas (AGTL) Enters EV Sector, Launches First EV Charging Station Updated On Mon, Mar 28th, 2022 by Saurenergy Adani Total Gas Ltd (AGTL) has launched its first electric vehicles’ charging station in Ahmedabad, Gujarat, and thus forayed into the infrastructure segment of electric vehicles. As per the official statement of AGTL, the EV charging station is located at the CNG station of AGTL at Maninagar in Ahmedabad. The company says that the charging station will […] Read more
The Top 5: India’s Listed Renewable Energy Firms Enjoy A Fine Run At Bourses Updated On Wed, Mar 23rd, 2022 by Saurenergy As India girds up for one of the biggest renewable energy transitions in the world, private sector participation as been a critical pillar of this transition. With ever widening scope and ambitious targets, led and announced by Prime Minister Modi himself, no one has any doubts on the potential growth and future of the renewable […] Read more
Technip Collaborates with Greenko for Green Hydrogen Projects in India Updated On Wed, Mar 16th, 2022 by Saurenergy Technip Energies has signed a memorandum of understanding (MoU) with ZeroC to explore opportunities for the development of green hydrogen projects in India. Technip is a France based engineering company and ZeroC is a subsidiary of Indian renewable energy player Greenko Group. As per a statement of Technip, the company comes with its hydrogen expertise, […] Read more
Hype powers the green hydrogen journey for now Updated On Mon, Feb 28th, 2022 by Saurenergy With not even a week since the National Green Hydrogen Policy (Phase1) was announced, you could be forgiven for thinking that the revolution is here. The key points of the policy are: Green Hydrogen / Ammonia manufacturers may purchase renewable power from the power exchange or set up renewable energy capacity themselves or through any […] Read more
Adani opens Hydrogen gambit in Fuel cell pact with Ballard Power Updated On Tue, Feb 22nd, 2022 by Saurenergy The Gautam Adani-led Adani Group, which has announced a massive plan to stay on top of the renewable energy space in India and even the world, has just announced its first big move into the green hydrogen space. The firm has announced the signing of a non-binding pact with Nasdaq-listed Ballard Power Systems to evaluate […] Read more
ArcelorMittal Throws in Hat to Buy Sprng Energy in Green Steel Push Updated On Mon, Feb 7th, 2022 by Saurenergy ArcelorMittal, the world’s biggest steel maker is making a play for Sprng Energy, Indian renewable platform of Actis, as the steelmaker looks at cleaner energy sources to decarbonise production around the world and in India, people aware of the development have told news agencies. This arguably is the first time in India a steel producer […] Read more
Adani Green raises Rs 612 cr to refinance debts pertaining to solar projects Updated On Fri, Feb 4th, 2022 by Saurenergy Adani Green Energy (UP) Ltd, Prayatna Developers Pvt Ltd and Parampujya Solar Energy Pvt Ltd – three subsidiaries of Adani Green Energy Ltd – that collectively house 930 MW of operational solar power projects, have raised Rs 612.30 cr by their maiden domestic bond issuance. This has been done on a private placement basis. The […] Read more
With Green Bonds in Budget’22, RE Financing Grows in India: IEEFA Updated On Thu, Feb 3rd, 2022 by Saurenergy As India’s renewable energy sector growth continues to outpace all other global economies, the Budget announcement on issuing green bonds – which are among the most widely used instruments for funding green infrastructure – will massively support this trajectory, finds a new report out by the Institute for Energy Economics and Financial Analysis (IEEFA). The union […] Read more
