What Energy Transition Means For Indian Homeowners & Individuals? Updated On Thu, Mar 21st, 2024 by Saurenergy By-Praveen Raju, Janhavi Joshi, and Amoolya Khurana The Government of India highlighted the challenges faced by developing countries to combat climate change at the 2021 United Nations Climate Change Conference (“COP26”) and subsequently presented India’s commitments to the energy transition in the form of Panchamrit i.e., a five-step approach to combat climate change which included […] Read more
UK-Based Hive Energy Acquires 272 MW Polish Project Updated On Tue, Mar 5th, 2024 by Saurenergy UK-headquartered renewable energy developer Hive Energy, has completed the acquisition of four early-stage solar projects from Polish developer, T&T Proenergy. The projects totaling 272MW from Polish developer T&T Proenergy. The projects will be co-developed to Ready to Build status. The companies have an ongoing development agreement for a portfolio of photovoltaic projects with a minimum […] Read more
Matrix Gas & Renewables Raises Rs 350 Crore In Pre-IPO Round Updated On Tue, Mar 5th, 2024 by Saurenergy Gensol Group Company, Matrix Gas & Renewables Limited, has raised Rs 350 crore in the pre-IPO round. With the current capital raise, Matrix is now well positioned to accelerate its growth initiatives towards expanding market share for the gas aggregation business, acquiring City Gas Distribution (CGD) assets, and funding the ongoing capital expenditure plan. This […] Read more
Jindal Stainless Plans Rs 700 Crore Investment In Renewable Projects: Report Updated On Tue, Mar 5th, 2024 by Saurenergy Stainless steel company Jindal Stainless Ltd (JSL) will invest Rs 700 crore over the course of the next three years regarding renewable energy projects. According to media reports, this will be done to reduce its carbon footprint, including the embedded emissions across its offerings. Media reports quoting Abhyuday Jindal, Managing Director, JSL, stated that investments […] Read more
Energy Tech Platform Urja Sathi Raises Seed Funding Of Rs 35 lacs Updated On Tue, Mar 5th, 2024 by Saurenergy Lucknow-based Urja Sathi, a sustainable energy-tech platform for buying and selling renewable energy solutions in India, has raised seed funding of INR 3.5 Million from entrepreneurs-cum-investors Ankitt Jain and Sharlee Jain. This marks Urja Sathi’s maiden fundraising round; prior to this, the startup had remained bootstrapped since its inception in 2023. Urja Sathi claims to have launched India’s […] Read more
Amplus Solar Commissions 360MWp Plant At Bikaner Updated On Fri, Mar 1st, 2024 by Saurenergy Amplus Solar announced the commissioning of its pioneering 360 MWp Inter-State Transmission System (ISTS) solar plant, Project Jai, situated in Jaimalsar village in Bikaner, Rajasthan. The solar power generated by the plant will be shared with Commercial and Industrial (C&I) clients nationwide, enabling them to fulfil their green energy objectives. The state-of-the-art solar facility, equipped […] Read more
NGEL To Develop Renewable Energy Parks with MAHAGENCO In Maharashtra Updated On Thu, Feb 29th, 2024 by Saurenergy NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, has signed a joint venture agreement with Maharashtra State Power Generation Company Limited (MAHAGENCO), for the development of Renewable Energy Parks in the state of Maharashtra. The company to be set up under the joint venture will develop GW-scale renewable energy parks and […] Read more
EESL Invites Bid For 70 MW Solar Project in Maharashtra Updated On Tue, Feb 27th, 2024 by Saurenergy Energy Efficiency Services Limited (EESL), a joint venture of Union Power Ministry, has issued tenders seeking bids for 70 MW of Solar Power Generating Systems. The tender is regarding design, engineering, supply, construction, erection, testing, commissioning, operation, and comprehensive maintenance service contract of 12 years for up to 70 MW of Solar Power Generating Systems […] Read more
MSEB Solar Agro Power Issues Tenders To Procure 3,048 MW Solar Power Under PM-KUSUM Updated On Fri, Feb 23rd, 2024 by Saurenergy Maharashtra State Electricity Board’s wholly owned subsidiary, MSEB Solar Agro Power Ltd, has issued 14 tenders to procure 3,048 MW of solar power under Component C of Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) programme for feeder-level solarization. According to the tender document, the last date for the submission of bids is February […] Read more