Zelestra Closes €132 Mn Financing For Its Gorbea Solar Plant In India Updated On Mon, Sep 23rd, 2024 by Saurenergy Spanish renewable energy firm Zelestra, has closed a €132 million (INR 1472 crores) project financing package for its Gorbea solar photovoltaic plant in India. The financing was signed with HSBC, Credit Agricole, MUFG, and Bank of America. The facility, denominated in Indian Rupees (INR), is designated as green financing under Zelestra’s Green Financing Framework, aligning […] Read more
US-India Launch $1 Bn Initiative To Build Clean Supply Chains Updated On Mon, Sep 23rd, 2024 by Saurenergy The United States (US) and India elevate and expand bilateral technical, financial, and policy support to enhance the complementary manufacturing capacity of clean energy technologies and components. This policy also lays the groundwork for enhanced cooperation and partnerships in Africa. The Strategic Clean Energy Partnership, led by the US Department of Energy and Indian government […] Read more
NHPC Issues Tender For 1.2 GW Solar Project With ESS Updated On Mon, Sep 23rd, 2024 by Saurenergy NHPC Limited has now issued a tender seeking solar power generators for setting up of 1.2 GW solar power projects with 600MW/1200MWh (ESS) on anywhere in India. The company said that this project will be setup under an Inter-State Transmission System (ISTS) transmission network. It also said that the bidders will get a Green Shoe […] Read more
GK Energy Gears Up for The Solar Pump Boom Updated On Mon, Sep 23rd, 2024 by Saurenergy For Gopal Kabra, founder of the solar pump driven GK Energy, the move into the renewable energy business started with solar water heaters in 2006. Hailing from a business family in Nanded Maharashtra, Kabra completed his education in Pune. Right from the start, he was clear about running his own business. It has been a […] Read more
CEA Approves 2.5 GW Of PSP Projects In Maharashtra Updated On Mon, Sep 23rd, 2024 by Saurenergy The Central Electricity Authority (CEA) has announced concurring two more Pumped Storage Projects (PSPs) in Maharashtra namely-1500 MW Bhavali PSP being developed by JSW Energy Ltd. and 1000 MW Bhivpuri PSP being developed by Tata Power Co. Ltd. These PSPs are concurred with the support of the Central Water Commission (CWC), Geological Survey of India […] Read more
Hindalco Ponders Venture Into Solar Module Manufacturing Updated On Fri, Sep 20th, 2024 by Saurenergy Hindalco Industries Ltd., a member of the Aditya Birla group, is considering manufacturing of solar modules in Gujarat as part of its entry into renewable energy. It is planning the new manufacturing at one of its locations in Gujarat, expanding its involvement in the renewable energy industry. This accompanies the goal for India to grow […] Read more
Climate Pledge Set To Invest $2.65 Mn For EV Charging Stations Updated On Fri, Sep 20th, 2024 by Saurenergy The Climate Pledge, co-founded by Amazon and Global Optimism, is set to build a new project powered by renewable energy. Through this project, over $2.65 million will be collectively invested in these renewable energy-powered charging stations by signatories and partners of firm. This $2.65 million initiative aims to support over 5,500 EVs by 2030 and […] Read more
SaurEnergy Explains: BECCS – Bridging Energy Production and Carbon Removal Updated On Fri, Sep 20th, 2024 by Saurenergy The world is making urgent efforts to reduce carbon footprints across various industries by adopting measures such as shifting to renewable energy, reducing coal and petroleum use, and promoting sustainability. While many of these measures focus on cutting emissions, others, like carbon capture and storage (CCS), aim to trap existing carbon dioxide in the atmosphere. […] Read more
PFC Seeks Bids To Evacuate 3 GW Of Renewable Energy From Gujarat Updated On Thu, Sep 19th, 2024 by Saurenergy PFC Consulting released a tender requesting proposals for the selection of a transmission service provider through a tariff-based competitive bidding process. The tender invited bids to establish an inter-state transmission system to evacuate renewable power from Raghanesda, Gujarat, for 3GW under phase I. PFC set the 19th of November as the last date for bid […] Read more
