AfDB Invests $20 Million in Fund for RE Expansion in Sub-Sahara Updated On Thu, Nov 17th, 2022 by Saurenergy African Development Bank (AFDB) has held in a key announcement that the Board of Directors of the AfDB Group has approved an equity investment of $20 million in Evolution Fund III. It is a pan-African clean and sustainable energy private equity fund that is mobilising about $400 million into renewable energy and resource-efficiency assets across […] Read more
ABC Cleantech Signs Rs 50,000 Cr MoU to Set Up Green Hydrogen Plant in Karnataka Updated On Thu, Nov 3rd, 2022 by Saurenergy ABC Cleantech recently announced that it had signed a Memorandum of Understanding (MoU) with the Government of Karnataka as part of “INVEST Karnataka 2022” for setting up a green hydrogen production unit. According to the company, this unit will produce 0.2 million tonnes of green hydrogen annually and 1 million tonnes of green ammonia annually, […] Read more
Norway’s Scatec to Set Up 3 GW Wind Energy Project in Egypt Updated On Wed, Sep 14th, 2022 by Saurenergy According to a statement made by a spokesperson of the Egyptian Presidency, Norway’s renewable energy producer Scatec will be playing a greater role in Egypt for the renewable energy development. Spokesperson Bassam Essam Rady has said that the cooperation between Egypt and Scatec will be to develop new and renewable energy projects and also to […] Read more
Assam Gets Its First Utility Scale Solar Plant Updated On Wed, Jul 20th, 2022 by Saurenergy Assam Chief Minister Himanta Biswa Sarma has launched a 25 MW solar power project in Lalpul at Udalguri district. Built at a cost of Rs 300 crore, the plant will benefit 65,000 villagers. The project was established on ‘build, own, operate’ model under Assam Solar Energy Policy 2017. Addressing the villagers and the guests on the […] Read more
NTPC Starts Commercial Operation On India’s Largest Floating Solar Power Plant Updated On Fri, Jun 24th, 2022 by Saurenergy India’s largest power producer, State-owned National Thermal Power Corporation (NTPC) has revealed starting commercial operations on a Kayamkulam Floating Solar PV Project at Kayamkulam, Kerala. It is currently executing the last part capacity of 35 MW out of the 92 MW project. This makes it India’s largest floating solar power plant. The project EPC was […] Read more
Assam Clears Decks for JV With Neyveli For 1000 MW Solar Power Updated On Mon, Jun 13th, 2022 by Saurenergy The Assam government under Chief Minister Himanta Biswa Sarma continues to move rapidly on scaling up its renewable energy plans. On June 11, the government approved an investment worth Rs 5,000 crore for commissioning and generation of 1,000 MW of solar power in collaboration with Navratna PSU company Neyveli Lignite Corporation, under the aegis of […] Read more
Focus On Policy Reforms At RenewX Hyderabad This Year Updated On Mon, Jun 6th, 2022 by Saurenergy As the 6thedition of RenewX, a two-day Renewable Energy trade expo scheduled on June 10 and 11, 2022 at the Hitex, Hyderabad comes around, for organiser Informa Markets, it’s time to put the spotlight on policy reforms. Seen as the biggest renewable energy event in South India, RenewX 2022 expo and conference will convene business, policy and finance experts from across […] Read more
NTPC beings commercial operation of 20 MW solar capacity at Kawas Updated On Mon, May 16th, 2022 by Saurenergy National Thermal Power Corporation (NTPC), the state owned power producer – has announced that the first part capacity of 20 MW of the Kawas Solar Power Project has begun the commercial operation. The entire solar project is of 56 MW capacity. It is located at Hazira, Surat district of Gujarat. In a regulatory filing with […] Read more
FM Assures Manufacturer Associations Of BCD As Promised, From April 1, 2022 Updated On Fri, Jan 7th, 2022 by Saurenergy Finance minister Nirmala Sitharaman has assured delegation of domestic solar manufacturers that the Basic Customs Duty (BCD) that was announced on modules and cells almost 9 months back, will be implemented as scheduled, from April 1, 2022. This is basis a release shared by NIMMA, or the North India Module Manufacturers Association, which was among […] Read more
