Rajasthan And NTPC Sign MoU To Develop 10 GW Renewable Energy Park In State Updated On Mon, Jul 4th, 2022 by Saurenergy NTPC Renewable Energy Ltd (NREL) and Rajasthan Government signed on July 1 an MoU for a 10 GW ultra mega Renewable Energy Power Parks (UMREPP) to be developed in Rajasthan. The MoU was signed at a ceremony held on Friday in the presence of Rajasthan Energy Minister Bhanwar Singh Bhati. Since it was formed on […] Read more
“Corporates Will Be key To Meeting India’s 450 GW Renewables Aspiration” Updated On Fri, Jul 1st, 2022 by Saurenergy Srinivasan Viswanathan, CEO of Vibrant Energy is looking ahead to a great run for the firm, as the market continues to open up and throw up new opportunities. Backed by Macquarie capital’s Blueleaf Energy which owns a majority stake in the firm, Vibrant is focused on the corporate market for renewables, with a stress on […] Read more
CERC Allows ACME Petition To Qualify Entry Tax As Change In Law Updated On Fri, Jul 1st, 2022 by Saurenergy The Central Electricity Regulatory Commission allowed on June 29 the petition moved by ACME praying for declaring the Entry Tax as Change In Law defined in the statutes. The three judges panel of I. S. Jha, Arun Goyal and P. K. Singh, also ordered the stay of collection of entry tax pursuant from the petitioner […] Read more
Clean Capital Acquires 100% Stake in BQ Energy Updated On Fri, Jul 1st, 2022 by Saurenergy New York-based clean energy investment firm, Clean Capital has announced its 100% acquisition (100% Stake) of renewable energy development company, BQ Energy recently. Now Clean Capital has all the rights to operate BQE independently as an own-subsidiary firm. Now Clean Capital will invest in BQE’s long-term projects. Additionally, Clean Capital will invest in initiatives that […] Read more
CERC Declines to Stop SECI From Encashing Bank Guarantees of Inox Green Energy Updated On Fri, Jul 1st, 2022 by Saurenergy In an order dated June 29th that was published yesterday, the Central Electricity Regulatory Commission (CERC) declined to prevent the Solar Energy Corporation of India (SECI) from encashing bank guarantees submitted by Inox Green Energy and its various subsidiaries. The Case Details The case involved Inox Green Energy Services setting up 250 MW Wind Power […] Read more
WPD, Australis Energy Collaborate For 1.4 GW Offshore Wind Farms In Australia Updated On Fri, Jul 1st, 2022 by Saurenergy The subsidiary of German conglomerate WPD based in Australia has entered into a joint venture with Australis Energy for the development of three offshore wind energy projects that lie off the Australian costs. The total capacity of the wind energy projects will come to 1400 MW. As per the official statement, both companies will have […] Read more
Skyfri Group To Operate Assets Of Largest Floating Solar Project In Kerala Updated On Fri, Jul 1st, 2022 by Saurenergy Norway based Skyfri Group has informed that it will now handle comprehensive solar asset operations of a Kerala based floating solar power plant. The floating solar project is said to be one of the largest in the state. According to reports, the solar facility has a capacity of 22MW AC/31MWp DC. Skyfri Group informs that […] Read more
Urban Mining Startup Metastable Materials Raises Pre-Seed Funding Updated On Thu, Jun 30th, 2022 by Saurenergy In its maiden fundraising round, Bengaluru-based urban mining startup Metastable Materials has raised an undisclosed amount of pre-seed funding from a clutch of angel investors and venture capital firms. The pre-seed round was led by Akshay Singhal and Kartik Hajela, Co-Founders of Log9 Materials – an advanced EV battery-technology and battery manufacturing company. Archana Priyadarshini, […] Read more
Biocon, Hindalco Declare Investments In Renewable Energy Updated On Thu, Jun 30th, 2022 by Saurenergy The investments in the renewable energy sector by the corporate sector continue to pick up pace on the back of lower energy costs from renewables and ESG led actions. Biocon – a biotechnology major – has announced that it has acquired 26 per cent stake in AMPYR Renewable Energy Resources Eleven Private Ltd for Rs […] Read more
