SGEL Invites Bids For 400 MW MSEDCL Solar Projects Across Maharashtra Updated On Wed, Apr 24th, 2024 by Saurenergy SJVN Green Energy (SGEL) has invited online bids through an open tender, for 400 MW MSEDCL solar project across Maharashtra. These bids were invited on a single stage two envelope format. It included envelope-I: techno-commercial bid and envelope-II: price bid. SGEL project is to be undertaken with reverse auction for the balance of system (BoS) package including power evacuation. […] Read more
MHI Receives Seven Bids Of 70 GWh For battery Manufacturing PLI Updated On Tue, Apr 23rd, 2024 by Saurenergy Ministry of Heavy Industries (MHI) announced that it received bids from seven bidders under a global tender issued for re-bidding of Production Linked Incentives (PLI). This tender was announced for 10 GWh Advanced Chemistry Cell (ACC) manufacturing on 24th January and the last date for receiving applications was 22nd April on the CPP portal and […] Read more
Macquarie Launches New Platform To Electrify $US 1.5 Bn Fleet Updated On Tue, Apr 23rd, 2024 by Saurenergy Macquarie Asset Management (MAM), part of Macquarie Group, launched Vertelo, a new platform providing end-to-end solutions in fleet electrification in India. Macquarie aims to accelerate the transition of fleets to electric vehicles and build an EV ecosystem by offering solutions to customers. It includes leasing and financing, charging infrastructure and energy solutions, fleet management services, […] Read more
US Announces $7 Billion Solar For All Program For Rooftop Solar Updated On Tue, Apr 23rd, 2024 by Saurenergy In an announcement on Earth Day (April 22nd) that will remind many of India’s very own almost $8 billion PM Suryaghar Yojana, the Biden Administration has announced a massive push for rooftop solar in the US. The program was kicked off with the U.S. Environmental Protection Agency announcing that 60 selectees will receive $7 billion […] Read more
Premier Energies To Seek Rs 1500 Crore In IPO Soon Updated On Mon, Apr 22nd, 2024 by Saurenergy Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […] Read more
Inox Wind Gets Repeat Order for 210 MW WTGs From Hero Future Energies Updated On Fri, Apr 19th, 2024 by Saurenergy Inox Wind Limited (IWL), one of India’s leading wind energy solutions provider, has bagged an order for the supply of 210 MW of Wind Turbine Generators (WTGs) from Hero Future Energies (HFE), the renewable energy developer from the Hero group. The order is for IWL’s state-of-the-art 3 MW Wind Turbine Generators (WTGs), and the scope […] Read more
News Briefs, April 18- Amazon Solar, IREDA, ib Vogt, Sapience Automata Updated On Thu, Apr 18th, 2024 by Saurenergy IREDA’s Strategic Move: GIFT City Office to Boost Green Hydrogen and RE Manufacturing Projects Indian Renewable Energy Development Agency Ltd. (IREDA) has inaugurated an office in GIFT City, Gandhinagar, specializing in the provision of Foreign Currency-denominated debt options which will significantly reduce the financing costs associated with Green Hydrogen and Renewable Energy Manufacturing projects, facilitating […] Read more
GPS Renewables Secures Rs 411.50 Crore Debt-Financing Updated On Thu, Apr 18th, 2024 by Saurenergy Bengaluru-based clean energy firm, GPS Renewables has successfully secured Rs 411.50 crore in debt financing. This funding was sourced from a consortium of major banks and financial institutions, according to a statement by GPS Renewables. Tilak Minocha, the Chief Finance Controller of GPS Renewables, emphasised that the new funds would significantly enhance their capabilities to […] Read more
Sterling Tools Signs MoU With South Korea’s Yongin for EV Components Facility Updated On Thu, Apr 18th, 2024 by Saurenergy Automotive fastener manufacturer Sterling Tools Limited has signed a Memorandum of Understanding (MoU) with South Korea’s, Yongin Electronics Co. Ltd, a major supplier of components to the Hyundai Kia Motor Group for the production of electric vehicle (EV) and electronic components within India. This agreement is expected to generate Rs. 250 crore in business over […] Read more