Tata Steel Limited Eyes 26% Stake in Tata Power Arm Updated On Fri, Oct 20th, 2023 by Saurenergy Steelmaking firm Tata Steel Limited (TSL) has joined hands with Tata Power Renewable Energy Limited (TPREL) and TP Vardhaman Surya Ltd. (TPVSL). Under this agreement, TSL seeks to acquire 26% in TPVSL, currently a wholly owned subsidiary of TPREL. As per the agreement, TSL will also execute a fixed-tariff long-term agreement with TPVSL to source […] Read more
KPI Green Wins 16.90 MW Aggregate Orders Under Captive Segment Updated On Tue, Oct 3rd, 2023 by Saurenergy Independent Power Producer KPI Green has received a new order for executing wind-solar hybrid power project for a aggregate 6.90 MW capacity comprising of 4.90 MW wind and 2 MW solar capacity. The projects have been awarded by General Polytex Pvt. Ltd., Surat, under ‘Captive Power Producer (CPP)’ segment of the firm. The projects are […] Read more
KPI Green Energy Commissions 7.80 MW Hybrid Renewable Energy Project Updated On Thu, Sep 14th, 2023 by Saurenergy Independent Power Producer KPI Green Energy has announced that it has commissioned a hybrid power project at Surat. The firm has successfully commissioned a 7.80 MW wind-solar hybrid power project. Of this, the wind capacity is at 4.2 MW while the rest 3.60 MWdc is for solar provided by its wholly owned subsidiary, KPIG Energia […] Read more
Australia’s Iron Ore Industry Faces Challenges in Decarbonizing Steel Updated On Fri, Sep 1st, 2023 by Saurenergy A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) warns that Australia’s iron ore industry is at risk of losing ground to other countries as they move to meet growing global demand for green iron. The report states that the quality of the ore from Australia’s primary iron ore-producing region, the Pilbara, mainly […] Read more
Tata Power To Build 28 MW Captive Solar Plant For Sanyo Steel Updated On Thu, Aug 31st, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), the renewable arm of Tata Power through its subsidiary TP Alpha Limited (Special Purpose Vehicle –SPV), signed a Power Delivery Agreement (PDA) with Sanyo Special Steel Manufacturing India Pvt. Ltd. for a captive solar plant. It has a capacity of 28.125 MW (AC) (i.e. 39.375 MWp DC). The plant […] Read more
POSCO Supercharges Green Innovation with Massive Hydrogen & Battery Production Investment Updated On Fri, Jul 7th, 2023 by Saurenergy POSCO Holdings Inc. has announced its plan to invest 121 trillion won (US$92 billion) by 2030, claiming to strengthen its competitiveness in the steelmaking industry and foster new growth opportunities. POSCO’s investment strategy encompasses not only its core steelmaking business but also the development of rechargeable battery production and the “hydrogen business,” which will play […] Read more
Tata Steel Goes With Tata Power For 966 MW RTC Renewable Supply Updated On Fri, Jun 9th, 2023 by Saurenergy Tata Power Renewable Energy Limited (TPREL), through its subsidiary TP Vardhaman Surya Limited, has received a Letter of Award to set up 966 MW RTC (Round-the-clock) hybrid renewable power for Tata Steel. This is one of the biggest industrial RTC power PPAs under the group captive segment in the country. The project has the hybrid […] Read more
PM Modi Exhorts Investors In Private Sector To Join India’s Green Growth Updated On Thu, Feb 23rd, 2023 by Saurenergy In his first formal address after the Union Budget on February 1, Prime Minister Narendra Modi made a spirited pitch for private sector participation and the many startup opportunities in India’s green growth push. “Every budget since 2014 has followed a consistent pattern. The push for green growth and clean energy has been built around […] Read more
Can India Become A Net Exporter Of Green Hydrogen? Updated On Mon, Jan 9th, 2023 by Saurenergy The Government of India has formally approved the National Green Hydrogen (NGH) Mission to make India a ‘global hub’ for using, producing, and exporting green hydrogen. To achieve this ambition, GOI has also approved a financial outlay of ₹19,744 crore. The Mission leads India toward the development of the Green Hydrogen ecosystem in the country […] Read more
