APTEL Refuses To Prevent SECI Encashing Bank Guarantee for Inox Green Power Projects Updated On Tue, Mar 7th, 2023 by Saurenergy APTEL (The Appellate Tribunal For Electricity) has rejected the petition filed by Inox Green Energy Services Ltd, Haroda Wind Energy Pvt. Ltd., Khatiyu Wind Energy Pvt. Ltd.,,Ravapar Wind Energy Pvt. Ltd., , Vigodi Wind Energy Pvt. Ltd., seeking a restrain on Solar Energy Corporation of India Limited (SECI) from encashing the bank guarantee that had […] Read more
Tender by first half of 2023-24 Under Green Hydrogen Mission Updated On Mon, Mar 6th, 2023 by Saurenergy The Government of India approved the National Green Hydrogen Mission in the month Jan. 2023 with the initial outlay of Rs.19,744 crore, including an outlay of Rs.17,490 crore for the SIGHT (Strategic Interventions for Green Hydrogen Transition) programme, Rs.1,466 crore for pilot projects, Rs.400 crore for R&D, and Rs. 388 crore towards other Mission components. […] Read more
IIT-Madras & Denmark Firm Sign Pact for Renewable Energy Updated On Fri, Mar 3rd, 2023 by Saurenergy The Indian Institute of Technology-Madras (IIT-Madras) has signed a pact with Denmark to conduct research projects on next-generation fuels and energy systems under the ‘Indo-Danish Green Strategic Partnership’. The pact was signed in the presence of Danish Crown Prince Frederik Andre Henrik Christian, Denmark Minister for Climate, Energy and Utilities Lars Aagaard, and Tamil Nadu […] Read more
Tata Power RE Ltd (TPREL) Gets Second Slice of INR 2,000 Cr Infusion from GreenForest Updated On Thu, Mar 2nd, 2023 by Saurenergy Tata Power Renewable Energy Limited ((TPREL) is set to lead in the renewable business as it has received the second and final round of investment of INR 2,000 crore from GreenForest New Energies Bidco Limited (GreenForest). Tata Power has successfully allotted 20 crores compulsorily convertible preference shares (CCPS) at face value of ₹100 each at […] Read more
Germany’s Consul General Says Germany Looking to Partner with K’taka on Renewable Energy Updated On Thu, Mar 2nd, 2023 by Saurenergy Achim Burkart, Consul General, German Consulate, Bengaluru, has said that Germany is looking for partnership with Karnataka. The country is eager to work with the Indian state on green and renewable energy projects. Burkart established that Karnataka boasts of the highest share of renewable energy mix. This fact makes it an ideal destination for exploring […] Read more
bp to Build 2 GW Green Hydrogen Cluster ‘HyVal’ in Valencia Updated On Thu, Mar 2nd, 2023 by Saurenergy Global energy conglomerate bp (British Petroleum) has launched the green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery in Spain. Bp said that this is a public-private collaborative for phased development of up to 2 GW of electrolysis capacity by 2030 for producing green hydrogen at bp’s refinery. bp said that HyVal […] Read more
EDF Renewables Acquires 529 MWp Solar Portfolio from MEC Energy in Germany Updated On Wed, Mar 1st, 2023 by Saurenergy Global renewable energy player EDF Renewables has acquired 17 greenfield solar photovoltaic projects with a total capacity of 529 MWp from MEC Energy, a renewable project developer based in Germany. In the transaction, Capcora, a German consulting company, acted as the exclusive sell-side M&A advisor MEC Energy which is a German project developer and part […] Read more
NTPC Transfers 15 Renewable Energy Assets Worth Over Rs 10,000 Cr to Subsidiary NGEL Updated On Wed, Mar 1st, 2023 by Saurenergy India’s largest power utility NTPC has transferred 15 renewable energy assets worth Rs 10,0066.99 cr to its wholly-owned subsidiary, NGEL (NTPC Green Energy Ltd). The transfer was achieved under a Business Transfer Agreement under the aegis of the National Monetization Pipeline (NMP) of Government of India. The NMP sets mandate for the transfer of revenue […] Read more
LoI Signed Between DST & Germany’s Fraunhofer ISE to Facilitate Clean Energy Updated On Tue, Feb 28th, 2023 by Saurenergy In a move towards fulfilling the goal of decarbonizing their economies, India and Germany have signed a Letter of Intent (LoI) for a long-term collaboration focusing on hydrogen and clean energy technologies. The LoI was signed between the Department of Science and Technology (DST) and Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE). Fraunhofer ISE […] Read more
