IFC Partners, Axis Bank Partner To Provide $500 Mn Loan In India Updated On Tue, Oct 8th, 2024 by Saurenergy The International Finance Corporation (IFC), is making its first blue investment in India in partnership with Axis Bank. IFC entered this partnership with the private sector banks in India to provide a $500 million loan. This initiative also supports the company’s plan to develop a blue finance market and scale up financing of green projects […] Read more
Gujarat: Zodiac Energy Secures 30 MW Solar Project From AMC Updated On Tue, Oct 8th, 2024 by Saurenergy Gujarat-based Zodiac Energy recently secured an order from the Ahmedabad Municipal Corporation (AMC) to build a 30 MW ground-mounted solar project in its home state. The company is responsible for designing, supplying, installing, testing, and commissioning a grid-tied solar project. The contract also includes the erection, operation, and maintenance of the project for five years, […] Read more
SECI Awards 600 MW Hybrid Project At Tariff Of Rs 3.25/kWh Updated On Mon, Oct 7th, 2024 by Saurenergy SECI recently allocated a 600 MW Hybrid Power Project to three companies namely: Juniper Green, ACME And Sembcorp. Among the four bidders, the Renewable Energy Implementing Agency reported the lowest tariff of Rs 3.25/kWh. According to its recent announcement, SECI awarded the project to Juniper Green Energy, ACME Solar Holdings, and Sembcorp Green Infra to […] Read more
GAIL and AMG enter into a 2.5 GW RE Agreement Updated On Mon, Oct 7th, 2024 by Saurenergy GAIL (India) Ltd and AM Green (AMG) signed a Memorandum of Understanding (MoU) for the development of up to 2.5 GW of solar-wind hybrid renewable energy projects across India. The deal would also involve a study on the utilization of around 350 kta (kilotons per annum) of CO2 generated by GAIL at its gas processing […] Read more
Origin Cancels Hunter Valley Hydrogen Project Citing Slow Growth Updated On Fri, Oct 4th, 2024 by Saurenergy Origin Energy, one of Australia’s leading utilities, has announced its decision to abandon the AUD 207.6 million Hunter Valley Hydrogen Hub project, citing slow market development and significant financial and technological risks. The project, a joint venture with fertiliser manufacturer Orica, was poised to be one of the nation’s most advanced hydrogen developments and was […] Read more
TotalEnergies Launches Two Major Solar Farms with Battery Storage in Texas Updated On Fri, Oct 4th, 2024 by Saurenergy TotalEnergies has begun commercial operations at two utility-scale solar farms, Danish Fields and Cottonwood, in southeast Texas. Both projects, equipped with battery storage systems, have a combined capacity of 1.2 GW and are part of the company’s 4 GW renewable energy portfolio currently operational or under construction in Texas. Danish Fields, the company’s largest solar […] Read more
US Energy Storage Surges With Second-Highest Quarterly Record Updated On Fri, Oct 4th, 2024 by Saurenergy The United States is continuing to break records for energy storage installations across key market segments, according to the latest report by Wood Mackenzie. In the second quarter of 2024, the US developers installed 3,011 MW and 10,492 MWh of energy storage capacity. This marks the second-largest quarterly capacity addition, surpassed only by Q4 2023, […] Read more
Envision Energy Announces 5MW onshore platform for India Updated On Thu, Oct 3rd, 2024 by Saurenergy Envision Energy India Private Limited announced its advanced EN 182/ 5MW onshore platform at Wind Energy Hamburg 2024. The company claims that this new platform enhances annual energy output (AEP) by over 40% from its current EN 156/3.3MW platform, providing significant benefits for customers. This platform, featuring a larger swept area, having enhanced Turbine operational […] Read more
REI 2024 Time- Indian Makers Move Centrestage Updated On Thu, Oct 3rd, 2024 by Saurenergy It’s time for another edition of REI, the 17th in fact, and perhaps a never before seen dominance of Indian firms. Starting from October 3 to end on the 5th, the show, at Greater Noida’s India Expo Centre is the premier renewables expo in India. Over the years, Informa Markets, the organisers, have added other, […] Read more
