NTPC, GACL will collaborate for renewable energy, green chemicals Updated On Thu, Jul 7th, 2022 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has announced signing of a Memorandum of Understanding (MoU) with Gujarat Alkalies and Chemicals Limited (GACL) to realize green energy and green hydrogen objectives and the Government of India meant to make the economy carbon-neutral. The official statement of the central PSU held that the pact was signed by […] Read more
ReMo Energy Launches Green Nitrogen Fertilizer Made Using Renewable Energy Updated On Wed, May 11th, 2022 by Saurenergy ReMo Energy has announced the launch of its first commercial product, a nitrogen fertilizer that addresses the combined challenges of high fertilizer costs and climate change. ReMo Energy has been founded to make fossil-based chemicals from renewable energy. Solar and wind resources are the lowest marginal cost sources of electricity in most of the world […] Read more
India and Italy Will Partner for Green Hydrogen, Biofuel, Energy Storage Updated On Mon, May 9th, 2022 by Saurenergy According to an official joint statement announced by the two countries, India and Italy will develop partnerships in key renewable energy sectors like green hydrogen, biofuels and energy storage. The decision came after India’s External Affairs Minister S Jaishankar met the Italian counterpart Luigi Di Maio in New Delhi. The Italian foreign minister was on […] Read more
Greenko raises $750 M from bond sale to create energy storage facility Updated On Fri, Apr 1st, 2022 by Saurenergy Greenko Wind has raised USD 750 million from a global bond issue for creating an energy storage facility in Andhra Pradesh, company officials said on Thursday. The company secured pricing of 5.50 per cent for its USD 750 million green bond issuance after starting the roadshows on Wednesday, bankers said. The bonds, raised by Greenko […] Read more
Adani Green (AGEL) Raises $288 Million for Renewable Energy Projects Updated On Tue, Mar 22nd, 2022 by Saurenergy Renewable major Adani Green Energy Ltd (AGEL) has raised $288 million afresh from a group of global lenders through green project loan agreements. The facility has been raised to fund the under-construction renewable asset portfolio of the company. AGEL has said through an official statement that the new loan will help the company to initially […] Read more
Himachal Pradesh Aims To Be First State To Use Only Green, Renewable Energy In India Updated On Mon, Mar 7th, 2022 by Saurenergy Himachal Pradesh will make efforts to ensure that 100 per cent of its energy requirement is met through renewable and green energy – this is the key takeaway of the Budget speech by Chief Minister Jai Ram Thakur on March 4. As of today, Himachal Pradesh consumes about 12000 million units of power every year. […] Read more
ArcelorMittal Throws in Hat to Buy Sprng Energy in Green Steel Push Updated On Mon, Feb 7th, 2022 by Saurenergy ArcelorMittal, the world’s biggest steel maker is making a play for Sprng Energy, Indian renewable platform of Actis, as the steelmaker looks at cleaner energy sources to decarbonise production around the world and in India, people aware of the development have told news agencies. This arguably is the first time in India a steel producer […] Read more
Cipla to Acquire 32% Stake in AMP Energy Green Eleven Updated On Mon, Feb 7th, 2022 by Saurenergy India’s major drug manufacturer Cipla has signed a pact to acquire about a one-third stake in AMP Energy Green Eleven. The move is designed to set up a captive solar power project in the state of Maharashtra. Captive generation rules generally mandate that the key consumers must have a minimum 26% stake in the renewable […] Read more
