Canada’s Brookfield Asset Management Adds $845 Mn for JV with Axis Energy Updated On Fri, Sep 29th, 2023 by Saurenergy Canadian investor in renewable energy, Brookfield Asset Management has announced a second joint venture with Telangana-headquartered clean energy firm, Axis Energy Ventures. Brookfield Asset Management will invest worth $845 million in solar and wind energy projects of the Indian firm. The investment is being made from the Brookfield Global Transition Fund II to accelerate countrywide […] Read more
Amara Raja Batteries Limited Is Now Amara Raja Energy & Mobility Limited Updated On Thu, Sep 28th, 2023 by Saurenergy Two years ago, Amara Raja Batteries Limited (ARBL), which delves in industrial and automotive battery sector (listed as BSE: 500008 and NSE Code: AMARAJABAT), announced to direct its focus beyond batteries and address the larger energy and mobility space. The firm has now capped off the journey with the official name change to Amara Raja […] Read more
Blending Finance Is Key to India’s Net Zero Pathway: IFC Report Updated On Wed, Sep 27th, 2023 by Saurenergy A latest report by the International Financial Corporation (IFC) on Blended finance describes finance as a key element in supporting India’s energy transition. The report said that the blended finance can drive more private capital to high-impact climate projects, says an IFC report. The report, Blended Finance for Climate Investments in India, highlights blended concessional […] Read more
NTPC Green Energy Joins Hands with Syama Prasad Mookerjee Port for Green Hydrogen Hub Updated On Tue, Sep 26th, 2023 by Saurenergy A Memorandum of Understanding (MoU) has been signed between NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of India’s largest energy conglomerate NTPC Limited, and Syama Prasad Mookerjee Port, under the Ministry of Ports, Shipping & Waterways. The agreement will pave the path for the development of Green Hydrogen Hub at Kolkata. The signatories of […] Read more
India Launches Its First Hydrogen Fuel Cell Bus In Delhi Updated On Mon, Sep 25th, 2023 by Saurenergy Union Petroleum and Natural Gas Minister Hardeep Singh Puri today flagged off India’s first Green Hydrogen Fuel Cell-based bus in the national capital. Puri said that the newly-launched bus posses the virtue of fast charging besides the benefit of being an environment-friendly mode of transport. “The fuel cell utilizes Hydrogen and air to generate electricity […] Read more
Indore’s Holkar Stadium Goes Green With Solar Power Updated On Mon, Sep 25th, 2023 by Saurenergy At the recent India versus Australia cricket match on 24 September, the Board of Control of Cricket in India (BCCI) shared the news on its recent initiative of installation of 376 solar panels at the Holkar Stadium at Indore in Madhya Pradesh. This was a part of the green initiative led by the Madhya Pradesh […] Read more
TotalEnergies to Invest $300 Mn in JV with Adani Group for Green Energy Updated On Thu, Sep 21st, 2023 by Saurenergy French multi-energy firm, TotalEnergies, will make an investment to the tune of $300 million in a 50-50 joint venture with Adani Green Energy. This initiative is towards the generation of solar and wind energy in India. The joint venture between the two firms sets sights on 1,050 MW of power. The investment by TotalEnergies will […] Read more
IESA along with Global Alliances to Host World Energy Storage Day Global Virtual Conference & Expo 2023 Updated On Wed, Sep 20th, 2023 by Saurenergy Every year, on September 22, World Energy Storage Day (WESD) is commemorated to recognise the advancement of energy storage, which is at the forefront of the clean energy transition for both the transportation sector and the electric grid (www.energystorageday.org). India Energy Storage Alliance (IESA) along with the world’s major global alliances is set to host […] Read more
IREDA Partners with Bank of Maharashtra for Renewable Energy Updated On Tue, Sep 19th, 2023 by Saurenergy Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise, has joined hands with Bank of Maharashtra (BoM). The partnership is to facilitate co-lending and loan syndication for various renewable energy projects across India. The MoU entails services encompassing co-lending and co-origination support for all renewable energy projects. It […] Read more
