RUMSL Floats Consultancy Tender for Morena Hybrid Project Updated On Wed, Nov 16th, 2022 by Saurenergy Rewa Ultra Mega Solar (RUMSL) has floated a consultancy tender for preparing a detailed project report (DPR) to develop the Morena wind-solar hybrid project with energy storage in Madhya Pradesh. RUMSL is a partnership between Madhya Pradesh Urja Vikas Nigam and the Solar Energy Corporation of India (SECI) to build solar parks throughout the state. […] Read more
Offers For 3500 MW Pour In For PTC India Call For 1000 MW RE From Developers Updated On Wed, Nov 9th, 2022 by Saurenergy PTC India, the listed power trading firm, has announced that it has received a strong response to its call for expressions of interest from relevant players to supply 1000 MW of renewable energy for onward sales through market linked products. The 500 MW plus 500 MW greenshoe option was part pf Phase 1 of PTC […] Read more
Mahindra Works With Jio-bp To Strengthen EV Push Updated On Thu, Oct 13th, 2022 by Saurenergy India’s leading SUV manufacturer, Mahindra & Mahindra (M&M), and the joint venture firm of Reliance Industries Limited (RIL) and bp, Jio-bp are strengthening their current partnership to build out reliable charging infrastructure for Mahindra’s upcoming electric SUV launches. Mahindra’s moves in this regards were keenly watched as rival and current EV market leader in four […] Read more
RattanIndia Acquires 100% Stake in Electric Bike Manufacturer Revolt Updated On Fri, Oct 7th, 2022 by Saurenergy Thermal power producing plant developer RattanIndia Enterprises Ltd announced that it is purchasing the remaining shares (owner of 100% stake) of electric motorcycle, bike manufacturer Revolt Motors at a time when environmentally conscious consumers are looking for alternatives to conventional vehicles. RattanIndia did not specify the size of the deal, although its shares rose 10% […] Read more
Canadian Pension Firm & Mahindra Group Collaborate Strategically in RE Updated On Sun, Sep 18th, 2022 by Saurenergy The Mahindra Group and the Canadian-based pension firm, Ontario Teachers’ Pension Plan Board have announced a strategic alliance to take advantage of the expanding renewables market in India. Both parties have entered into legally binding agreements under which Ontario Teachers’ will purchase a 30% equity stake in Mahindra’s solar development arm, Mahindra Susten Pvt Ltd […] Read more
Neuman & Esser, Ballard Invest in Quantron for Hydrogen-Based Mobility Updated On Fri, Sep 16th, 2022 by Saurenergy Leading fuel cell expert Ballard Power Systems from Canada and the German hydrogen system specialist Neuman & Esser have announced that they are investing in Quantron AG as part of a financing round totaling up to EUR 50 million. With a company valuation of EUR 250 million, Neuman & Esser acquires a minority stake and […] Read more
Examining the Biggest Polluters: Report Card of Transportation Industry Updated On Thu, Sep 15th, 2022 by Saurenergy The transportation sector is essential for economic growth, creating jobs, and connecting people to critical services. The industry is also growing rapidly and will retain this trend for a long time. Yet, what’s concerning about the growth of the transportation sector is that it is also one of the biggest polluters. The industry shares a […] Read more
S&P Global Launches REC Price Assessments for Brazil-India Turkey Updated On Wed, Sep 7th, 2022 by Saurenergy S&P Global Commodity Insights has announced an independent suite of price assessments for International Renewable Energy Certificates (I-RECs) in Brazil, India, and Turkey. The key objective behind the I-RECs is to provide market participants and energy consumers a higher level of transparency in the global market for valuing renewable-origin power generation. I-RECs certificates are a […] Read more
NIWE Invites Bids for LiDAR Sensors at Tamil Nadu Updated On Thu, Sep 1st, 2022 by Saurenergy The National Institute of Wind Energy (NIWE) has floated a tender for the supply, installation, and commissioning of an integrated floating buoy for mounting offshore light detection and ranging (LiDAR) sensors as well as meteorological and oceanographic sensors at three locations in the Gulf of Mannar off the coast of Tamil Nadu. The deadline for […] Read more