ACME Group Achieves Financial Closure of INR 4,000 Cr Debt for Green Hydrogen & Ammonia Updated On Fri, Jul 21st, 2023 by Saurenergy Diversified renewable energy company ACME Group announced securing INR 4,000 crore loan from one of the India’s largest green infrastructure financial institutions Rural Electrification (REC) Limited for its green hydrogen and green ammonia project in Oman. The loan will be utilized to commence the first phase of the pioneering green hydrogen and green ammonia project, […] Read more
Olectra Greentech Awards INR 395.12 Cr Contract to Megha Engineering & Infrastructures Ltd Updated On Thu, Jul 20th, 2023 by Saurenergy Hyderabad-based manufacturer of electric buses, Olectra Greentech has awarded a contract for the construction of the greenfield electric vehicle manufacturing facility on 150 acres of the land situated at Seetharampur, Hyderabad, Telangana. The contract has been given to Megha Engineering & Infrastructures Limited (MEIL). MEIL is the ultimate holding company and a related party to […] Read more
Masdar Raises US$750 Million Green Bond Updated On Thu, Jul 20th, 2023 by Saurenergy Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […] Read more
Sunsure Energy Establishes Three Solar Power Plants for Dalmia Bharat Cement Updated On Thu, Jul 20th, 2023 by Saurenergy Independent Power Producer Sunsure Energy has set up three solar power projects for cement manufacturer Dalmia Bharat Cement to help power up the cement major’s operations. The solar power projects are for a cumulative capacity of 23.74 MW. The said projects entail a 17.5 MW capacity solar power project in Cuttack, Odisha. The project will […] Read more
UK’s First Renewable Energy Powered Electric Airline Ecojet to be Commissioned in 2024 Updated On Wed, Jul 19th, 2023 by Saurenergy Earlier this week, British entrepreneur Dale Vince announced plans to launch an electric airline that will be powered using renewable energy, potentially marking the dawn of a new era in air travel. The formation of Ecojet represents the latest attempt to reduce the environmental footprint of aviation. Flights in the UK will begin in 2024. […] Read more
Building Sustainable Cyprus: Central Energy Storage for Hybrid Renewables Updated On Wed, Jul 19th, 2023 by Saurenergy Cyprus has set out a policy framework for the integration of energy storage systems after reaching a funding agreement with the European Commission (EC). The Mediterranean island’s Ministry of Energy, Commerce and Industry (MECI) last week announced its ‘General policy framework for energy storage systems’. It said the government will be deploying centralised energy storage […] Read more
EIB & Banco Santander Promote Renewable Energy in Brazil with €300 Million Loan Updated On Wed, Jul 19th, 2023 by Saurenergy The European Investment Bank (EIB) and Banco Santander (Brasil), one of the largest foreign banks in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a €300 million loan in […] Read more
SECI Issues Tender for Soil Investigation for 13 GW Renewable Energy Project Sites in Leh Updated On Wed, Jul 19th, 2023 by Saurenergy Solar Energy Corporation of India (SECI) has issued a tender for the appointment of an agency to conduct soil investigation at proposed renewable energy project sites in Leh, Ladakh, with a cumulative capacity of 13 GW. The geotechnical analysis for the project must be completed within eight months of signing the contract. The last date […] Read more
Fourth Partner Energy Commissions 70 MW Wind-Solar Hybrid Project in Gujarat Updated On Mon, Jul 17th, 2023 by Saurenergy Renewable energy solutions platform, Fourth Partner Energy today announced the commissioning of its wind-solar hybrid project in Gondal, Gujarat. This 70 MW project marks 4PEL’s foray into hybrid renewable energy solutions and will supply clean energy to companies like Filatex, Linde, Nexus Malls (a Blackstone Group Co.), Deccan Chemicals and other marquee clients. Executed in […] Read more
