ONGC Signs MoU With NTPC Owned NGEL For Renewable Push Updated On Thu, Sep 28th, 2023 by Saurenergy NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC, and ONGC have signed an MoU on September 27 to realise the development of renewable energy and offshore wind power in line with India’s commitments on Energy Transition. The MoU was signed by Mohit Bhargava, CEO, NGEL and Deb Adhikari ED- JV and BD, ONGC […] Read more
Pexapark Infused with Funding Worth €20m in Series C Round Updated On Tue, Sep 26th, 2023 by Saurenergy Pexapark, a Switzerland-based firm that helps make PPAs for renewables, has been injected with funding worth €20m in Series C round. The fresh funding round was led by Telstra Ventures, a global investor in technology. It also saw participation from Swisscom Ventures and the A&G Energy Transition Tech Fund. “This fresh injection of capital takes […] Read more
RWE Decides To Build 35-MW Battery Storage For Biomass Plant Updated On Fri, Sep 22nd, 2023 by Saurenergy RWE has announced its final investment decision to build a Dutch battery storage project with an installed power capacity of 35 MW and a storage capacity of 41 MWh. A total of 110 lithium-ion battery racks will be installed at RWE’s biomass plant in Eemshaven on an area of around 3,000 square metres. RWE plans […] 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
Adani Wind Receives Certification For India’s Largest Turbine Updated On Thu, Sep 14th, 2023 by Saurenergy Adani Wind, the wind energy solutions division of Adani New Industries Limited (ANIL), announced that its 5.2 MW Wind Turbine Generator (WTG), which is India’s largest, has received type certification from WindGuard GmbH. The certification enables Adani Wind to start series production for global markets. The certification under IEC System for Certification to Standards Relating […] Read more
Djibouti Launches Maiden Wind Farm with 60 MW Capacity Updated On Tue, Sep 12th, 2023 by Saurenergy Djibouti, located on the Horn of Africa, has launched its maiden wind farm- the 60 MW Red Sea Power (RSP) project. This is the key international investment in Djibouti’s energy. The project, valued at US$122 million, has put in place Djobouti’s first Independent Power Producer (IPP). The investors responsible for the said project are mulling […] Read more
India & US Shore Up Partnership to Anchor $500 Mn RE Infrastructure Investment Fund Updated On Mon, Sep 11th, 2023 by Saurenergy A joint investment fund of up to $1 billion to aid India’s initiatives aimed at the adoption of green technology has got the nod from US President Joe Biden and Narendra Modi. In an initiative that will strengthen India-US bilateral relationship in the renewable energy space, India’s National Investment and Infrastructure Fund and the US […] Read more
Wind Industry Experts Bat For Extending PLI For Component Makers Updated On Wed, Sep 6th, 2023 by Saurenergy Experts working in the wind energy sector claimed that to expedite the growth of wind energy in the country, the government should consider giving incentives to the manufacturers of components and sub-components of wind turbines. During a recent press conference in New Delhi, Amit Kansal, CEO and Managing Director of Senvion India, an Original Equipment […] Read more
