IFESTOS- Large Carbon Capture Capture Project in Greece Gets EU Commission Grant Updated On Tue, Jul 18th, 2023 by Saurenergy The European Commission has picked out 41 projects to prepare grant agreements to enable firms dabbling in segments such as energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. The EU has dedicated EUR 3.6 billion to enable various firms to bring innovative technologies to the market. The grants are from […] Read more
Hydrogen Project HyNCREASE in Germany Qualifies for European Grant Updated On Tue, Jul 18th, 2023 by Saurenergy The European Commission has picked out 41 projects to prepare grant agreements to enable firms dabbling in segments such as energy-intensive industries, hydrogen, renewable energy, and manufacturing components for energy storage and renewables. The EU has dedicated EUR 3.6 billion to enable the various firms to bring innovative technologies to the market. The grants are […] Read more
Two Solar Firms To Get Compensations Due to Increased GST Rates Updated On Mon, Jul 17th, 2023 by Saurenergy In its order, the Central Electricity Regulatory Commission (CERC) granted compensation to two renewable energy companies. The central authority granted these compensations on account of ‘Change of Law’ events. Such events included the rise of Operations and Maintenance (O&M) costs of their projects due to the escalation of GST rates and the imposition of increased safeguard duty […] Read more
Suzlon Group Bags 100.8 MW Wind Power Project from Everrenew Energy Updated On Mon, Jul 17th, 2023 by Saurenergy Renewable energy solutions provider, Suzlon Group has recently secured a new order from Everrenew Energy Private Limited to undertake the development of a wind power project with a capacity of 100.8 MW. Suzlon will install 48 wind turbine generators (WTGs) of their S120 – 2.1 MW with a Hybrid Lattice Tubular tower at Velliyanani Phase […] Read more
MAHAPREIT& GEAPP In 500 MW Agricultural Irrigation Initiative in India Updated On Mon, Jul 17th, 2023 by Saurenergy Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) and the Global Energy Alliance for People and Planet (GEAPP) have forged a partnership for the upcoming 500 megawatts (MW) tender in Maharashtra. At a meeting in Mumbai, MAHAPREIT and GEAPP drew the roadmap for the implementation of the 500 MW tender for PM-KUSUM C/Mukhyamantri Saur […] Read more
Fourth Partner Energy Commissions 70 MW Wind-Solar Hybrid Project in Gujarat Updated On Mon, Jul 17th, 2023 by Saurenergy Renewable energy solutions platform, Fourth Partner Energy today announced the commissioning of its wind-solar hybrid project in Gondal, Gujarat. This 70 MW project marks 4PEL’s foray into hybrid renewable energy solutions and will supply clean energy to companies like Filatex, Linde, Nexus Malls (a Blackstone Group Co.), Deccan Chemicals and other marquee clients. Executed in […] Read more
JSW Energy Sees 35% Rise In RE Generation, 48% Plunge In PAT In Q1 Updated On Mon, Jul 17th, 2023 by Saurenergy JSW Energy Limited, in its latest announced Q1 results for FY24, claimed that its total renewable energy generation increased by 35 percent on a Year-on-Year (YoY) basis. The financial results for the quarter also state that it witnessed a decrease in total revenue and Profit After tax (PAT). As per the details shared by the firm […] Read more
Japan’s Orix Bank to Extend $2.89 Billion Funding For Renewables Portfolio Updated On Mon, Jul 17th, 2023 by Saurenergy Japanese digital lender Orix Bank will extend roughly 400 billion yen ($2.89 billion) of financing this fiscal year to renewable energy and logistics projects in a bid to diversify its portfolio away from real estate. The lending, which is to be directed toward project financing, will account for nearly a fifth of outstanding loans projected […] Read more
EIB Delegation to India to Focus on RE Intiatives, Green Hydrogen Ecosystem Updated On Fri, Jul 14th, 2023 by Saurenergy A European Investment Bank (EIB) delegation is embarking on a four-day business visit to India this week to strengthen collaboration with Indian public and private sector partners. The visit of the delegation, which includes EIB Vice-President Kris Peeters, will primarily focus on discussing EIB’s support for clean energy investments and transportation initiatives in the country. […] Read more
