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
Solar Projects To Come Up Along Mumbai-Nagpur Samruddhi Mahamarg: Report Updated On Tue, Mar 5th, 2024 by Saurenergy The Maharashtra State Road Development Corporation (MSRDC) will be establishing a solar power generation project along the Samruddhi Mahamarg that connects Mumbai and Nagpur. According to media reports, several offices of MSRDC will be embedded with solar panels in Mumbai, Pune, Nashik, and Aurangabad. Further, the reports stated that the special-purpose vehicle of MSRDC, Mahasamruddhi […] Read more
NTPC REL Secures 225 MW Project Bid In GUVNL’s Solar Projects Updated On Mon, Mar 4th, 2024 by Saurenergy NTPC REL has announced that it has secured a bid for a 225 MW solar PV power project in GUVNL’s 1125 MW grid-connected Solar PV power projects. Taking to X, formerly Twitter, NTPC REL announced that it has secured a bid for a 225 MW solar project. The press statement by the company, ” NTPC […] Read more
Gensol Engineering Wins Two EPC Projects Worth Rs 337.70 Crore Updated On Mon, Feb 26th, 2024 by Saurenergy Gensol group’s engineering arm, Gensol Engineering recently announced the award of two significant EPC contracts from Rajasthan and Maharashtra. Gensol’s first project is of 250 MWac/350 MWdc ISTS solar power project in Rajasthan, and the 50MWac/72.5MWdc solar power project in Maharashtra. This marks another step in our journey to becoming a dominant player in the […] Read more
MNRE Notifies Guideline For 13 GW RE, 12GWh BESS Projects In Ladakh Updated On Tue, Feb 20th, 2024 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA) in its notification shared the recent President’s sanction for the implementation of a 13 GW renewable energy project in Ladakh (IST GEC – II). The long awaited project comprises of 13 GW renewable energy capacity along with a 12GWh Battery Energy Storage system (BESS) in Ladakh. The government […] Read more
IREDA, PNB Collaborate To Co-Finance Green Energy Projects In India Updated On Mon, Feb 19th, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA) and Punjab National Bank (PNB) have joined hands through the signing of a Memorandum of Understanding (MoU). This collaboration aimed at advancing renewable energy initiatives across the nation. The agreement, signed at IREDA’s registered office in New Delhi today, paves the way for joint efforts in co-lending and […] Read more
USFR To Invest $700 Million In OffShore Wind Projects On US East Coast Updated On Thu, Feb 8th, 2024 by Saurenergy US-based manufacturer of steel components US Forged Rings Inc. (USFR) today announced a $700M investment in the US offshore wind industry to construct a tower fabrication facility and a steel forging plant. The company will use these two facilities to service the growing domestic offshore wind market, filling a critical supply chain gap for offshore […] Read more
IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa Updated On Thu, Feb 8th, 2024 by Saurenergy International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […] Read more
SECI Issues Bids For 4 GW Offshore Wind Projects Near Tamil Nadu Updated On Fri, Feb 2nd, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has invited bids for the development of offshore wind energy of a total capacity of 4 GW. The bids invited are for four blocks of 1 GW each on an open access basis, for the development of offshore wind power projects off the coast of Tamil Nadu, through […] Read more
