IESA, FBICRC To Cooperate For Battery Supply Chain In India Updated On Wed, Jul 20th, 2022 by Saurenergy India Energy Storage Alliance (IESA) has announced the signing of a Memorandum of Understanding (MoU) with Australia-based Future Battery Industries Cooperative Research Centre (FBICRC). The pact will focus on critical minerals and supply chain for advanced battery manufacturing in India. The two entities will cater to supply chain development and integration and Australian and India […] Read more
UAE To Invest in 300 MW Hybrid Project as Part of $2 Billion Investment in India Updated On Tue, Jul 19th, 2022 by Saurenergy Under the framework of the four-nation grouping ‘I2U2′ (India, Israel, USA and UAE), the United Arab Emirates will make an investment worth $2 billion to establish a series of integrated food parks across India. This decision was announced in the first virtual summit held under the leaders of the grouping — Indian Prime Minister Narendra […] Read more
Mainstream And Aker Offshore Wind Join Hands For 27-GW Portfolio Updated On Mon, Jul 18th, 2022 by Saurenergy Renewable energy players Mainstream Renewable Power and Aker Offshore Wind have announced that they have inked an agreement to combine the two companies to create a stronger renewable energy company with a 27 GW portfolio. The official statement of the companies holds that the new company will foray into solar, onshore wind and bottom-fixed and […] Read more
US And Australia Ink New RE Pact To Break China’s Stranglehold Updated On Thu, Jul 14th, 2022 by Saurenergy The US has inked a pact with Australia to break China’s stranglehold on clean energy technology supplies, according to a news report published. Addressing a joint press conference, US Energy Secretary, Jennifer Granholm, and the Australian Climate Change and Energy Minister, Chris Bowen, announced a “net-zero technology acceleration partnership” that places a premium on improving […] Read more
UKA, Nordex Intensify Collaboration On 500 MW Wind Projects Updated On Wed, Jul 13th, 2022 by Saurenergy UKA and Nordex Group have announced extending their collaboration for a further two years to continue their existing partnership. Together, the two encompass a total of 80 wind turbine generators that generate a capacity of close to 500 MW. UKA is among the top three wind farm developers in Germany while Nordex Group is a […] Read more
SECI Cancels 100 MW Getalsud Dam Floating Solar Tender Updated On Wed, Jul 13th, 2022 by Saurenergy Over two months after it first extended the deadline to respond to bidders, the Solar Energy Corporation of India (SECI) has cancelled the tender for the 100 MW Getalsud Dam project near Ranchi in Jharkhand. The cancellation follows a familiar pattern of challenges faced with floating solar tenders in India, where the standout success has […] Read more
CEEW & Villgro Join Hands to Foster SHSPs In Villages Updated On Wed, Jul 13th, 2022 by Saurenergy A USD 3 million initiative introduction by Council On Energy, Environment & Water (CEEW) and Villgro, one of the world’s largest social enterprise, Powering Livelihoods is paving the way to bring clean energy-based solutions to the rural economy in a gender-inclusive manner. Powering Livelihoods works with enterprises developing innovative appliances, such as Sub-HP solar pumps, […] Read more
ReNew To Refinance Dollar-Denominated Bonds, First RE Player To Do So In India Updated On Wed, Jul 13th, 2022 by Saurenergy India renewable energy major ReNew Energy Global has announced that it has successfully refinanced its 2024 maturity dollar-denominated bonds with amortizing project debt from an Indian non-bank financial company. ReNew claims to have become the first Indian renewable energy company to have done this. The official statement of ReNew held that issued bonds worth $ […] Read more
Sterling and Wilson Renewable Q1 Results- Losses Up To Rs 353 crores Updated On Tue, Jul 12th, 2022 by Saurenergy Leading Solar EPC Sterling And Wilson Renewable Energy Limited has (SWREL) reported its financial results for the period ended June 30, 2022, or Q1 for the firm. The quarter also marked the completion of one year with Amit Jain as CEO at the firm. In the June quarter, the company has reported an over 10% […] Read more
