NTPC Green Energy to Raise Up to Rs 9,000 cr Term Loan Updated On Wed, Feb 22nd, 2023 by Saurenergy NTPC Green Energy Ltd (NGEL), an NTPC subsidiary, has invited bids for a term loan of up to Rs 9,000 crore in Indian Rupee denomination. As per the bid document, NGEL intends to raise fresh debt and the funds collected will be used to repay outstanding liability of Rs 8,200 crore towards NTPC by March […] Read more
Fiera Infrastructure, Palisade Infrastructure Group to Acquire RE Platform Amp US Updated On Wed, Feb 22nd, 2023 by Saurenergy A consortium comprising funds managed by Fiera Infrastructure, an affiliate of Fiera Capital Corporation, and Palisade Infrastructure Group has agreed to jointly acquire 100% of the equity interests in Amp US Primary Holdings, the US-based renewable energy generation and battery storage business of the Amp Solar Group. Amp US is a leading developer, owner and […] Read more
Okaya EV launches E-Scooter Faast F2F at RS 83,999 with 80 km Range on Single Charge Updated On Wed, Feb 22nd, 2023 by Saurenergy Okaya EV, an electric vehicle firm that offers e-mobility solutions, has introduced a new electric scooter “Faast F2F”. The E-scooter offers a range of 70–80 km on a single charge and a top speed of 55 km/h depending on the load. It takes four-five hours to get fully charged and has three driving modes: Eco, […] Read more
Electric Vehicle Growth Continues: Outlook for 2023 Updated On Wed, Feb 22nd, 2023 by Saurenergy Electric vehicles (EVs) registered a market disrupting growth through the last decade, more so in the last few years. Clean mobility technology remains one of the most important aspects of energy transition across the globe. The year 2022 was a significant year for EVs, and the expectations are that the trend will continue in 2023. […] Read more
The 5 Questions 2023 Could Answer for Renewable Energy in India Updated On Tue, Feb 21st, 2023 by Saurenergy India has over 174 GW of installed renewable capacity, including large hydropower at the conclusion of December 31, 2022. Solar power constituted the largest share of about 64 GW of the total. Wind power (41.9 GW), large hydro (46.85 GW), biomass/co-generation (10.2 GW), small hydro power (4.93 GW), and waste to energy with 0.52 GW […] Read more
IberBlue to Build 990 MW Floating Offshore Wind Project in Portugal Updated On Tue, Feb 21st, 2023 by Saurenergy IberBlue Wind, which delves into the design, development and management of floating offshore wind farms that will operate in the Iberian market, has announced its first project for Portugal, which is a floating offshore wind farm off the coast of Figueira da Foz. The project will be called Botafogo. The floating offshore the wind farm […] Read more
Himachal Sets Precedent for Others by Switching Official Fleet to Electric Vehicles Updated On Mon, Feb 20th, 2023 by Saurenergy The Himachal state department of transport has become the first in India to switch its complete fleet of official diesel and petrol vehicles to electric vehicles. The government is looking to use electric vehicles for all of its departments in a the time span of a year. These will be based on sustainability and will […] Read more
ReNew Q3 FY23 Results- Net Loss Shrinks 36%, Revenues Up 19% Updated On Mon, Feb 20th, 2023 by Saurenergy ReNew Energy Global Plc , which now terms itself a global decarbonisation solutions company, announced its consolidated results for Q3 FY23 and nine months ended December 31, 2022 last week. Operating Highlights: As of December 31, 2022, the Company’s portfolio consisted of 13.4 GWs, a 30.2% increase year on year, of which 7.8 GWs are […] Read more
Totalenergies, Corio Collaborate for Offshore Wind in Taiwan Updated On Mon, Feb 20th, 2023 by Saurenergy Global renewable energy firms TotalEnergies and Corio Generation have signed a joint venture partnership to develop the Formosa 3 offshore windfarms in Taiwan. Under this agreement, the UK-headquartered Corio will remain the majority shareholder and lead developer with 50% plus 10 shares overall in project. The announcement comes after Taiwan’s Bureau of Energy confirmed in […] Read more
