ONGC Signs MoU With NTPC Owned NGEL For Renewable Push Updated On Thu, Sep 28th, 2023 by Saurenergy NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC, and ONGC have signed an MoU on September 27 to realise the development of renewable energy and offshore wind power in line with India’s commitments on Energy Transition. The MoU was signed by Mohit Bhargava, CEO, NGEL and Deb Adhikari ED- JV and BD, ONGC […] Read more
Blending Finance Is Key to India’s Net Zero Pathway: IFC Report Updated On Wed, Sep 27th, 2023 by Saurenergy A latest report by the International Financial Corporation (IFC) on Blended finance describes finance as a key element in supporting India’s energy transition. The report said that the blended finance can drive more private capital to high-impact climate projects, says an IFC report. The report, Blended Finance for Climate Investments in India, highlights blended concessional […] Read more
Pexapark Infused with Funding Worth €20m in Series C Round Updated On Tue, Sep 26th, 2023 by Saurenergy Pexapark, a Switzerland-based firm that helps make PPAs for renewables, has been injected with funding worth €20m in Series C round. The fresh funding round was led by Telstra Ventures, a global investor in technology. It also saw participation from Swisscom Ventures and the A&G Energy Transition Tech Fund. “This fresh injection of capital takes […] Read more
Honeywell & ESS Partner for Iron Flow BESS Updated On Tue, Sep 26th, 2023 by Saurenergy North Carolina-based firm Honeywell and ESS have joined hands on the advancement of iron flow battery (IFB) energy storage systems. This is based on the patented IFB design of ESS with advanced materials and expertise in energy systems that Honeywell boasts. ESS is a manufacturer of iron flow batteries. The firm recently announced its ambition […] Read more
Serentica Renewables Gets Capital Infusion of INR 3000 Cr from REC Updated On Mon, Sep 25th, 2023 by Saurenergy Serentica Renewables, a C&I focused renewable energy developer in India, has announced the completion of INR 3000 crores of debt funding from REC Limited – one of India’s largest power sector lenders. REC’s support is expected to assist Serentica in developing its hybrid renewable energy projects coming up in Karnataka. The company is setting up […] Read more
Surat Set For The Big Solar Event Today-Solar Trailblazers Updated On Fri, Sep 22nd, 2023 by Saurenergy If there is one thing that has emerged from India’s efforts to transition to a clean energy future, it is that change will necessarily need to start from its smaller cities. Taking the lead in no uncertain way is Surat, possibly the most dynamic city, in the state of Gujarat, which itself has become the […] Read more
LOHUM Provides Nepal Indian Alternative to China by Supplying 25,000 MT EV Battery Materials Updated On Thu, Sep 21st, 2023 by Saurenergy LOHUM, a producer of sustainable energy transition and battery materials through integrated recycling, repurposing, and refining, is partnering with Nepal’s EV ecosystem partners that are selling MG, Stellantis, and Tata EVs. The diverse pool of EV sector partners will also eventually include Volkswagen, Suzuki, Renault, and Mahindra EVs enter recycling, among others. The partnership will […] Read more
AmpIn To Supply Solar Power For Varroc’s Maharashtra Plant Updated On Wed, Sep 20th, 2023 by Saurenergy AmpIn Energy Transition, a renewable energy Independent Power Producer (IPP), has partnered with Varroc, a global powerhouse in the automobile component sphere. This collaboration is set to channel 33.1 MWp of solar power to Varroc’s manufacturing plants in Maharashtra. AmpIn holds a 112MWp solar portfolio, having successfully commissioned multiple back-to-back solar open-access projects in the […] Read more
Rajasthan Added Highest Renewable Capacity In Last One Year Updated On Mon, Sep 18th, 2023 by Saurenergy Rajasthan is spearheading the expansion of renewable energy in the country and paving the way for India’s energy transition. A comparison of renewable capacity addition data of all Indian states hinted that Rajasthan added the highest renewable capacity in the country in the last year. As per the figures of monthly renewable energy capacity addition […] Read more
