ITC Commissions First Offsite Solar Plant in Tamil Nadu Updated On Tue, Dec 28th, 2021 by Saurenergy Kolkata-based conglomerate ITC Limited has commissioned its first offsite solar plant in Dindigul, Tamil Nadu. The 14.9 MW solar plant, built at an investment of Rs 76 crores, will help reduce CO2 emissions over the course of its lifetime, said the Rs 45,485 crore revenue (FY21) company. The plant has already helped ITC meet 90% […] Read more
EV Charging Stations With Rooftop Solar More Economical: Report Updated On Fri, Dec 24th, 2021 by Saurenergy Aiming to demonstrate the concept of using a clean source of energy (solar) for charging Electric Vehicles (EVs), a new report has shown that electric vehicle charging stations (EVCSs) with solar rooftop photovoltaic (SRTPV) facility are economically more viable than those with grid. “The mismatch between solar energy generation and consumption (from charging) can be […] Read more
REC, German Dev Bank to Finance India’s Power Sector and RE Projects Updated On Thu, Dec 23rd, 2021 by Saurenergy REC Limited has entered into an agreement with KfW Development Bank for availing the Official development assistance (ODA) loan of USD 169.5 million under the Indo-German Bilateral Partnership in accordance with the approval granted by the Department of Economic Affairs, the Ministry of Finance, the Government of India, an official release said. The proceeds from […] Read more
EKI Energy Services Races To Make The Most Of Its Headstart In Carbon Credits Updated On Wed, Dec 22nd, 2021 by Saurenergy For Indore based EKI Energy services Limited, the past 12 months have been nothing short of a ride of a lifetime. The firm has left many startups in the shade with the incredible price movement of its stock, soon after it listed on the BSE SME index. After issuing shares at a price of Rs […] Read more
Octopus Energy, Sterlite Power Sign MOU For Green Power Systems Updated On Tue, Dec 21st, 2021 by Saurenergy UK based 1.2 billion pound sterling energy group Octopus Energy Group, which has over 3 million customers in the UK has entered into an MOU with leading Indian power transmission player Sterlite Power. The agreement aims to help decarbonise Indian industry and bring cheaper green power to consumers around the world. The Memorandum of Understanding […] Read more
Azure Power Inks 2333MW PPA with SECI Under 4GW Mfg-linked Projects Updated On Mon, Dec 20th, 2021 by Saurenergy Azure Power has signed its largest ever Power Purchase Agreements (PPAs) with the Solar Energy Corporation of India (SECI) for a capacity of 2,333 MW of interstate transmission system (ISTS)-connected solar power projects under the 4 GW manufacturing linked projects, announced the company in a recent official statement. The news was expected since last week, […] Read more
German Dev Bank to Partly Fund Surat Metro; Depots to be Solar-powered Updated On Mon, Dec 20th, 2021 by Saurenergy The Government of India and the German Development Bank – KFW (Kreditanstalt für Wiederaufbau) – have signed a Euro 442.26 million loan for the Surat Metro Rail project, according to a recent official statement released by the Ministry of Finance. The project aims to harness solar energy at both depots of the Surat Metro in […] Read more
EKI Energy Services Expands Ambition, Scale with JV with Shell, Office In Dubai Updated On Fri, Dec 17th, 2021 by Saurenergy As companies get more aware about carbon goal setting, relevance of carbon credits too, appears to be gaining traction. That means an expanding opportunity for EKI Energy Services, a firm that is focused on the carbon credits and trading market. The Manish Dabkara led EKI Energy Services Limited and Shell Oversea Investments BV’s have announced […] Read more
Carbon America Closes $30 M Series A to Scale Up its CCS Tech Updated On Thu, Dec 16th, 2021 by Saurenergy Carbon America, a vertically integrated carbon capture and sequestration (CCS) developer, has secured $30 million in Series A funding to deploy commercial projects and scale up its technology. Participating investors include the Canada Pension Plan Investment Board (CPP Investments), ArcTern Ventures, Energy Impact Partners, the Grantham Environmental Trust’s Neglected Climate Opportunities Fund, and Golden Properties. […] Read more
