AEML Supports MNRE’s Rooftop Solar Prog to Help Consumers Go Green Updated On Tue, Aug 24th, 2021 by Saurenergy Adani Electricity Mumbai Limited (AEML), in partnership with the Ministry of New and Renewable Energy (MNRE), is driving grid- connected rooftop program for its residential and housing society customers, who will get up to 40% subsidy on the project cost as a central financial assistance from MNRE, according to a report by the Free Press Journal, […] Read more
IPO Time For India Solar Equipment Manufacturers In 2021 Updated On Mon, Aug 9th, 2021 by Saurenergy After a long wait, initial reports are finally coming out regarding plans by major Indian solar equipment manufacturers planning Initial Public Offers. We refer to a long wait simply because the markets have been buoyant for a while now, and have duly been followed by an IPO wave the likes of which has rarely been […] Read more
$150 Billion Green Deals in India by 2030 Updated On Thu, Jul 29th, 2021 by Saurenergy International investors expect $150 billion green deals in the Indian Renewables Energy sector by 2030. The money would be a function of both capacity additions in the market as well as trading between players. India’s renewables growth has been in the eyes of international investors and bankers and they are seeking green deals in the […] Read more
Azure Power Secures $163 Million Investment for 300 MW Solar Project Updated On Fri, Jul 2nd, 2021 by Saurenergy NYSE listed Azure Power, has secured a USD 163 million investment led by Tokyo-headquartered Mitsubishi UFJ Financial Group (MUFG). This investment is five-year syndicated financing for a 300 MW solar plant to be developed in Rajasthan. With this, Azure follows Adani Green energy in getting MUFG on board. MUFG is the third renewables project financing […] Read more
Uttar Pradesh-based Lithium Urban Acquires SmartCommute Updated On Wed, May 26th, 2021 by Saurenergy UP-headquartered Lithium Urban Technologies, a leading corporate sustainable mobility solutions provider, announced today its 100% acquisition of SmartCommute, an end-to-end Employee Transport Services SaaS platform. With this move, the company now looks forward to evolving into a full-stack transportation solutions provider across form factors, providing the required mettle to lead India’s progress in the smart […] Read more
Maire, Mytilineos Conduct Joint Feasibilty Study on Green H2 Plant in Italy Updated On Fri, May 21st, 2021 by Saurenergy In a joint statement released yesterday, Italy-based Maire Tecnimont’s subsidiary NextChem and Greece-based MYTILINEOS’ Renewable and Storage Development Business Unit (RSD BU) announced their signing of an agreement to together carry out a feasibility study for the development of a green hydrogen plant in Italy. NextChem is Maire Tecnimont’s subsidiary operating in the field of […] Read more
Bloom Energy Installs its First Green Hydrogen-Powered Fuel Cells Updated On Wed, Apr 28th, 2021 by Saurenergy California-headquartered Bloom Energy announced yesterday that it has successfully deployed 100 kilowatts of solid-oxide fuel cells (SOFC) powered solely by hydrogen in Ulsan, South Korea, generating zero-carbon onsite electricity. For this project, the firm had worked in collaboration with its Korean partner, SK Engineering & Construction Co., Ltd., an affiliate of SK Group. The installation […] Read more
Over 12.3 GW of Wind-Solar Hybrid Tenders Issued in India Till Date: JMK Updated On Fri, Apr 23rd, 2021 by Saurenergy India has enormous potential for wind and solar energy. But, due to the intermittent and inconsistent nature of both solar and wind power, the Capacity Utilization Factor (CUF) for standalone solar and wind power plants is low. This issue can be partially resolved by blending the energy generated from the two sources as a hybrid […] Read more
Backlog of Unsigned PSAs Risk Slowing India’s Renewable Energy Growth Updated On Wed, Apr 7th, 2021 by Saurenergy Delays in signing PSAs are a bottleneck in the growth of renewable energy capacity in India, jeopardising the 175 GW by 2022 target Delays in signing power sale agreements (PSAs) are a bottleneck in the growth of renewable energy capacity in India, jeopardising the government’s renewable energy target of 175 gigawatts (GW) by 2022, dampening […] Read more
