Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation Updated On Tue, Aug 1st, 2023 by Saurenergy A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning. The report highlights the significant reduction in GHC […] Read more
Ready, Set, Go: India’s Solar Manufacturing Ambitions Are Flying Updated On Mon, Jul 31st, 2023 by Saurenergy For India’s solar sector and its many entrepreneurs, all signals are finally green. Or so it would seem. Be it progress on manufacturing plans, including the all important backward integration, exports, and of course, a strong domestic market for their output. Everything has come together for the many firms and entrepreneurs who will hope for […] Read more
Adani’s New Energy Arm In Trade Finance Facility For $394m Updated On Fri, Jul 28th, 2023 by Saurenergy Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […] Read more
Chhattisgarh Offers Sops For Grid-Connected Solar DRE Units Updated On Thu, Jul 27th, 2023 by Saurenergy The Chhattisgarh State Electricity Regulatory Commission (CSERC) has come out with a new draft regulation to boost the uptake of grid-connected distributed renewable energy (DRE) units in the state. The Commission has now proposed a second amendment to its Gid-Connected DRE Regulations. These rules will be applicable from September 1, 2023. The draft CSERC (Grid […] Read more
ReNew, Gentari in Tie-Up Targeting 5 GW Clean Power Updated On Thu, Jul 27th, 2023 by Saurenergy ReNew Energy Global Plc which expanded its offerings to become full fledged decarbonisation solutions company recently, through its subsidiary ReNew Power Pvt. Ltd. (ReNew) and clean energy solutions provider Gentari, through its subsidiary Gentari Renewables India Pte. Ltd., have executed key terms to collaborate on a 50:50 joint venture in clean energy solutions. The term […] Read more
Hero Future Energies Signs MoUs for INR 6200 Cr to Develop Future RE Projects Updated On Tue, Jul 25th, 2023 by Saurenergy Hero Future Energies has signed two Memorandums of Understanding (MoUs) with REC Limited and PFC Limited for infusion of INR 31100 crores each in HFE over the next five years. The MoUs, were signed on the sidelines of 4th G20 Energy Transition Working Group (ETWG) meetings at Goa. A sum of Rs 6200 crores, gained […] Read more
As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise Updated On Mon, Jul 24th, 2023 by Saurenergy The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […] Read more
India Power Senior Engineer Updated On Fri, Jul 21st, 2023 by Saurenergy The role will be focused on delivering services in the renewable energy sector as either Owner’s Engineer or Independent Engineer which may include: feasibility studies, project design, project development services, technical due diligence, construction monitoring, acceptance testing, performance and operational services, as well as involvement in winning and delivering new projects across the globe. Responsibilities may include:- […] Read more
Avaada Group in MoU with REC for INR 20,000 Funding Updated On Thu, Jul 20th, 2023 by Saurenergy On the sidelines of the fourth meeting of the G20 Energy Transition Working Group (ETWG), Avaada Group, has announced a partnership with the Rural Electrification Corporation (REC), concretized through a Memorandum of Understanding (MoU). This agreement ushers in support for Avaada’s energy transition ventures, with the total investment reaching INR 20,000 crores over the next five […] Read more