The Return of Reverse Auctions For Wind Energy- Bad News Or Normalcy ? Updated On Tue, Mar 5th, 2024 by Saurenergy Following reports that the government has instructed leading PSU energy developers to return to the reverse auction mechanism for wind energy tenders, SaurEnergy tried to check the veracity of the claim. Without coming on record, it appears that a communication has been sent to that effect, to NTPC, SJVN, NHPC and of course SECI, which […] Read more
Jindal Stainless Plans Rs 700 Crore Investment In Renewable Projects: Report Updated On Tue, Mar 5th, 2024 by Saurenergy Stainless steel company Jindal Stainless Ltd (JSL) will invest Rs 700 crore over the course of the next three years regarding renewable energy projects. According to media reports, this will be done to reduce its carbon footprint, including the embedded emissions across its offerings. Media reports quoting Abhyuday Jindal, Managing Director, JSL, stated that investments […] Read more
Energy Tech Platform Urja Sathi Raises Seed Funding Of Rs 35 lacs Updated On Tue, Mar 5th, 2024 by Saurenergy Lucknow-based Urja Sathi, a sustainable energy-tech platform for buying and selling renewable energy solutions in India, has raised seed funding of INR 3.5 Million from entrepreneurs-cum-investors Ankitt Jain and Sharlee Jain. This marks Urja Sathi’s maiden fundraising round; prior to this, the startup had remained bootstrapped since its inception in 2023. Urja Sathi claims to have launched India’s […] Read more
NGEL In JV Agreement For RE Power Parks Development In Uttar Pradesh Updated On Tue, Mar 5th, 2024 by Saurenergy NGEL (NTPC Green Energy Ltd) has signed a joint venture (JV) agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) for development of renewable power parks in the state. The JV was signed on 4th March 2024 at UPRVUNL’s office at Lucknow for development of Renewable Power Parks and Projects in Uttar Pradesh. The […] Read more
Centre Amends Electricity, Late Payment Surcharge Rules 2022 Updated On Mon, Mar 4th, 2024 by Saurenergy The Central government has amended the Electricity (Late Payment Surcharge and Related Matters) Rules of 2022 to ensure an adequate supply of electricity and to meet the growing demand in the country. The government amended the rule to ensure the optimum utilisation of available power-generating capacity. These amendments are expected to enhance the reliability of […] Read more
Australian Energy Firms AGL, Someva Renewables Form JV To Develop Green Energy Park Updated On Mon, Mar 4th, 2024 by Saurenergy Australian Energy company AGL and renewable energy developer Someva Renewables have today announced a Joint Venture (JV) to develop Pottinger Energy Park, which is expected to consist of a 1.2 GW wind farm, 300 MW solar farm, and 500 MW / 2000 MWh battery energy storage system (BESS). The proposed Pottinger Energy Park is located […] Read more
BluPine Energy Acquires 369 MW Solar Assets From Acme Group Updated On Mon, Mar 4th, 2024 by Saurenergy BluPine Energy, a leading renewable energy services company established in India by Actis, has announced the successful acquisition of 369 megawatts of solar capacity power assets from the Acme Group. This strategic acquisition marks a significant milestone for BluPine Energy, taking its total renewable energy capacity to 2.4 Gigawatts, placing it squarely in the top […] Read more
Solar’s Mass Market Entry-Challenges Ahead Updated On Sat, Mar 2nd, 2024 by Saurenergy The renewable energy sector in India is at the cusp of unprecedented growth and has been fast accelerating. It has crossed the 70,000 MW mark in installed solar power capacity and with the right push from the government in the recently passed Interim budget, the path ahead is promising. Multiple schemes by the government of […] Read more
L&T Commissions First Indigenously Build Hydrogen Electrolyser At Hazira Updated On Fri, Mar 1st, 2024 by Saurenergy Larsen & Toubro (L&T) an Indian multinational engaged in EPC Projects, commissioned its first indigenously manufactured electrolyser at the Green Hydrogen Plant. The plant is located at AM Naik Heavy Engineering Complex in Hazira, Gujarat. This accomplishment signifies L&T Electrolysers Limited’s foray into domestic electrolyser manufacturing, underscoring the company’s steadfast dedication to propelling sustainable energy […] Read more
