RVNL to Form JV with Jakson Green for EPC Projects Updated On Tue, Mar 21st, 2023 by Saurenergy MiniRatna CPSE under the Ministry of Railways, Rail Vikas Nigam Limited (RVNL) will soon be forming a joint venture with Jakson Green, a diversified energy firm that deals with distributed energy, solar energy, EPC, hydrogen, hybrid and Battery Energy Storage Solutions (BESS). Jakson Green is the new energy transition platform supported by the infrastructure and […] Read more
Assam Cabinet Approves 620 MW of Green Power Projects Updated On Fri, Mar 17th, 2023 by Saurenergy In a bid to give a major push to the renewable energy sector in the state, the Assam Cabinet has given green signal to the implementation of green power projects. In a fresh move, the Assam cabinet approved green energy projects having cumulative capacity 620 MW to be developed in Assam. The decision was taken, […] Read more
Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative? Updated On Thu, Mar 16th, 2023 by Saurenergy Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […] Read more
SJVN & Indian Oil to Form JV for Renewable Energy Projects Updated On Thu, Mar 16th, 2023 by Saurenergy CPSU SJVN and Indian Oil Corporation have inked an agreement to form a joint venture for renewable energy projects. This was revealed by SJVN Chairman & Managing Director Nand Lal Sharma while adding that both SJVN and IOCL will employ their core strength for project development. The new firm will look into the development of […] Read more
USA’s Renewable Energy Firm Leeward Secures $180 Million for 200 MW Solar Project Updated On Thu, Mar 16th, 2023 by Saurenergy USA-based renewable energy firm Leeward Renewable Energy has announced the close of about $75 million in construction to term financing from MUFG Bank and about $105 million tax equity commitment from Wells Fargo for the Horizon Solar Facility located in Texas. Leeward said that Mitsubishi UFJ Financial Group (MUFG) served as the green loan structuring […] Read more
Power Minister R.K. Singh Updates Parliament On Progress With India’s Energy Transition Updated On Wed, Mar 15th, 2023 by Saurenergy Union Minister of Renewable Energy & Power R.K. Singh made a slew of announcements in the Rajya Sabha yesterday, shining the light on the progress made in renewable energy in the country. Here is a look at some important of the relevant news related to renewables. Renewable Energy Installed As on 31.01.2023, the cumulative installed […] Read more
KBC Energy Solutions Gets $121 Million Contract from US Department of Energy Updated On Wed, Mar 15th, 2023 by Saurenergy KBC Energy Solutions has been awarded a contract from the US Department of Energy’s National Energy Technology Laboratory (NETL) for the execution of support services. KBC said that the contract is for five years and initially valued at $121 million. NETL says it has a mission to drive innovation and deliver solutions for an environmentally […] Read more
Green Li-ion Secures $20.5 Million for Battery Recycling Technology Updated On Tue, Mar 14th, 2023 by Saurenergy Singapore-based lithium-ion battery recycling technology player Green Li-ion has secured $20.5 million in the recent round of pre-series B funding. The investment backers included venture capital firm TRIREC, solar firm Banpu NEXT and energy company Equinor Ventures. Green Li-ion has developed a prototype of its GLMC technology and is expecting to start the commercial production […] Read more
Israeli Developer Econergy Gets EUR 30 Million from RGreen Invest Updated On Tue, Mar 14th, 2023 by Saurenergy Leading Israeli investor, developer and operator of renewable energy projects across Europe, Econergy Renewable Energy has received EUR 30 million which is a part of the company’s deal with French independent asset management firm RGreen Invest. Econergy and RGreen are long-term partners and the EUR 30 million is part of the total equity investment of […] Read more