Energy Transition Firm Transition VC Floats First Fund Worth Rs 400 Cr Updated On Thu, Nov 24th, 2022 by Saurenergy Bengaluru-based first venture capital firm dedicated to energy transition, Transition VC, has launched its first fund with a target corpus of Rs 400 crore and a greenshoe option of Rs 200 crore. Transition VC will invest in seed rounds of firms in a variety of transitioning industries, including new energy, e-mobility, green hydrogen, energy storage, […] Read more
India Gets Its First Center of Excellence for Green Port and Shipping Updated On Wed, Nov 23rd, 2022 by Saurenergy The first National Center of Excellence for Green Port and Shipping (NCoEGPS) in India was unveiled recently by the Union Minister of Ports, Shipping, and Waterways, Sarbananda Sonowal. This is a significant effort on the part of the Ministry of Ports, and Shipping to provide greener solutions. The Union Minister made the revelation at INMARCO […] Read more
Finance Minister Nirmala Sitharaman Launches ‘Women in Solar Energy’ Portal Updated On Wed, Nov 23rd, 2022 by Saurenergy Women should be at the center of energy transition and drive India’s renewable energy journey growth story, says India’s Finance Minister, Nirmala Sitharaman at the NSEFI’s (National Solar Energy Federation of India) ‘Women in Energy’ event. On November 21, 2022, The National Solar Energy Federation of India (NSEFI) hosted a conference on women in the […] Read more
Sunsure Energy Commissions 74 MW Industrial Solar Park Updated On Wed, Nov 16th, 2022 by Saurenergy In the Tamil Nadu district of Tirunelveli, a 74 MWp Open Access Solar Power Plant was built by Gurugram-based Sunsure Energy, a provider of whole solar solutions. With the completion of the project on September 25, 2022, Sunsure has installed 250 MW of solar power throughout 16 Indian States. For this project, Sunsure Energy is […] Read more
PV Inverter Brand GoodWe’s India Solar Story Continues With New Projects Updated On Wed, Nov 16th, 2022 by Saurenergy A top name in the world of PV inverters and energy storage solutions manufacturing globally, China-based GoodWe continues to make an impact in India. Each new local project in India installed by the firm goes to add to its portfolio and reputation as a dependable partner.. Take the 4 MW Lemzon Granito utility project in […] Read more
Vedanta backed Serentica Renewables, Greenko Group In1500 MWhr Industrial Storage Deal Updated On Mon, Nov 14th, 2022 by Saurenergy Vedanta resources backed Serentica Renewables, a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries, has entered into an agreement with Greenko Group, to source 1500MWhr energy storage capacity through Greenko’s pumped storage projects located in India. As part of this partnership, Serentica will capitalise on Greenko’s energy storage capacity from its […] Read more
Will Hydrogen Contribute Toward Energy Transition Of India? Updated On Mon, Nov 14th, 2022 by Saurenergy The first few days of CoP27 have shown quite an enthusiasm for the potential of hydrogen to the energy transition. Government and private leaders have endorsed hydrogen as an opportunity and solution to decarbonise the economy. While the countries in the Middle East and North Africa (MENA) region are eager to exploit the potential of […] Read more
Singapore’s Sembcorp Signs Pact To Acquire Vector Green Energy For Rs 2780 Crore Updated On Mon, Nov 14th, 2022 by Saurenergy Singapore-based Sembcorp Industries has announced that its wholly-owned subsidiary, Sembcorp Green Infra Limited, has signed an agreement with India Infrastructure Fund II to acquire 100 per cent interest in Vector Green Energy Private Limited for a base equity consideration of approximately Rs 2780 crore (approximately S$474 million). India Infrastructure Fund II is a fund managed […] Read more
MNRE Minister Launches Green Energy Open Access Portal Updated On Fri, Nov 11th, 2022 by Saurenergy In continuation of several initiatives to promote clean and green energy by Government of India, the Union Minister of Power and New & Renewable Energy, R K Singh has launched the Green Energy Open Access Portal today through video conferencing. The Minister of State for Power, Krishan Pal, also graced the occasion. Secretary (Power), Chairperson, […] Read more