Fusion Fuel Green Gets €4.3 Million Funding Approval for Portugal Project Updated On Mon, Aug 16th, 2021 by Saurenergy Dublin-based green hydrogen solutions provider, Fusion Fuel Green has announced receiving the Euro 4.3 million funding approval from Portugal’s Operational Program for Sustainability and Efficient Use of Resources (POSEUR) for its proposed HEVO-Sul project in Sines, Portugal. The Portuguese government has allocated €40 million in direct grants for the POSEUR program, which aims to support […] Read more
33 GW Pumped Hydro Storage Projects to be Set Up in Andhra Pradesh Updated On Mon, Aug 16th, 2021 by Saurenergy The Andhra Pradesh energy department will install Pumped Hydro Storage Power Projects (PSP), with 33.24 GW total capacity, across 1.45 lakh acres in Kadapa, Kurnool and Anantapur districts. Energy secretary Srikant Nagulapalli believes these pumped hydro storage power will improve the power supply position in the state. “These will enable the consumers to get quality […] Read more
CERC Permits SolarArise Subsidiary to get GST Compensation Updated On Sat, Aug 14th, 2021 by Saurenergy The Central Electricity Regulatory Commission (CERC) has ruled in favour of Talettutayi Solar Projects One Pvt. Limited (TSPPL), a subsidiary of Gurugram-based SolarArise, directing Solar Energy Corporation of India Limited (SECI) to pay the solar developer compensation for the increased cost of a project, excluding carrying cost, due to the implementation of the GST laws […] Read more
Lead Engineer – EDGE Controls Updated On Fri, Aug 13th, 2021 by Saurenergy Systems engineering is a cross-functional engineering discipline centered on an approach, mindset, and process. All activities that consider both the business and the technical needs of the customers with the goal of providing a quality product that meets the users needs. The discipline that executes a robust process of design, creation, and optimization of systems, […] Read more
100 GW Renewable Energy Milestone Achieved, Much Work Ahead In India Updated On Fri, Aug 13th, 2021 by Saurenergy In self-congratulatory messages sent out yesterday, Power Minister R.K. Singh highlighted the key milestone of 100 GW of renewable energy capacity, excluding large Hydro, that has been reached in India. After including large Hydro, the number goes right up to 146 GW. According to India’s power ministry, India now stands at fourth position after China, […] Read more
Borosil Renewables Q1 Results. Some Speed Bumps, But A Long Clear Road Ahead Updated On Thu, Aug 12th, 2021 by Saurenergy Continuing its smart turnaround on the back of high solar glass prices, Mumbai-based solar glass manufacturer Borosil Renewables has reported a net profit of Rs 39.62 crore in Q1 FY22 as against a net loss of Rs 1.87 crore in Q1 FY21. The stunning results follow from a 151.8% YoY increase in net sales to […] Read more
Tata Power Wins 20MW Solar plus 50MWh Battery Storage Auction of SECI Updated On Thu, Aug 12th, 2021 by Saurenergy Tata Power Solar, India’s largest solar energy company, and Tata Power’s wholly-owned subsidiary has received a “Notice of Award” (NoA) to build 50MWp Solar PV Plant with 50MWh Battery Energy Storage System (BESS) project at Phyang village in Leh, Ladakh. The order value of the project is ÌNR 386 crores. The commercial operation date for […] Read more
CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure Updated On Thu, Aug 12th, 2021 by Saurenergy Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […] Read more
MNRE Starts Loan Scheme for Waste to Energy Biomethanation Projects Updated On Thu, Aug 12th, 2021 by Saurenergy At a recent webinar organised on ‘World Biofuels Day’, the Ministry of New and Renewable Energy (MNRE), in association with the United Nations Industrial Development Organization (UNIDO) and the Global Environment Facility (GEF), launched a loan interest subvention scheme to provide financial assistance to innovative waste to energy biomethanation projects and business models. A GIS […] Read more
