Greenko Bags NTPC’s 3000 MWh Energy Storage Project Tender Updated On Fri, Dec 9th, 2022 by Saurenergy Greenko Energies has emerged as the lowest bidder by a significant margin for NTPC Renewable Energy’s auction to set up interstate transmission system (ISTS)-connected energy storage systems of 3,000 MWh capacity with a minimum of 500 MW capacity to be installed anywhere across India. Greenko won the entire capacity by quoting Rs 27.9 lakh /MWh/year, […] Read more
Pre-Series A Financing Led by Inflection Point Ventures Raises 11.5 Cr for Buyofuel Updated On Fri, Nov 18th, 2022 by Saurenergy Tamil Nadu-based online marketplace for alternative fuels, Buyofuel has raised more than Rs 11.5 crore in a Pre-Series A round led by Inflection Point Ventures, a Gurgaon-headquartered angel investing platform. Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech participated in the round. The funds raised will be used to develop product offerings, technology, and […] Read more
After Promising Start, Karnataka Increases GIM Investment Plans Updated On Thu, Nov 3rd, 2022 by Saurenergy After the Global Investors’ Summit got off to a strong start, Karnataka increased its fundraising target by Rs 2.5 lakh crore to Rs 7.5 lakh crore, according to Union Finance Minister Nirmala Sitharaman. “When this global meeting was first being arranged, their initial expectations and goals were in the neighborhood of 5 lakh crore. Now […] Read more
ABC Cleantech Signs Rs 50,000 Cr MoU to Set Up Green Hydrogen Plant in Karnataka Updated On Thu, Nov 3rd, 2022 by Saurenergy ABC Cleantech recently announced that it had signed a Memorandum of Understanding (MoU) with the Government of Karnataka as part of “INVEST Karnataka 2022” for setting up a green hydrogen production unit. According to the company, this unit will produce 0.2 million tonnes of green hydrogen annually and 1 million tonnes of green ammonia annually, […] Read more
GE Renewable Energy To Supply 81 Turbines To 218 MW Wind Projects In India Updated On Thu, Sep 29th, 2022 by Saurenergy GE Renewable Energy has orders from Continuum Green Energy to supply, install and commission 81 units of its 2.7-132 onshore wind turbines for the 218.7 MW wind power projects in Tamil Nadu and Madhya Pradesh states of India. GE said that the orders have been placed by Continuum subsidiaries Continuum MP Windfarm Development and Dalavaipuram […] Read more
The Bridge to 280 GW Of Solar. Corporate India Steps Up Updated On Thu, Sep 1st, 2022 by Saurenergy They have the money, resilience, and execution ability that can leave an indelible impact on India’s economy; but can the country’s corporates (C&I sector) open up a new growth engine for India’s solar movement? The time, it seems, has arrived. As always in India, among the stakeholders, there will be many who will want to […] Read more
Explained: The Arrival Of Big Batteries For Energy Storage Updated On Tue, Aug 30th, 2022 by Saurenergy Big batteries, or battery energy storage systems (BESS), are attracting investors as the renewable energy demand climbs to new highs. Various governments and private companies are investing in big batteries to expand their network storage capabilities. From the pioneering 150 MW Hornsdale big battery in Australia to the recent SECI tender for a 500 MW […] Read more
CSIR & KPIT Develop Hydrogen Fuel Cell Bus, Launch it in Pune Updated On Tue, Aug 23rd, 2022 by Saurenergy The Council for Scientific and Industrial Research (CSIR) and KPIT Limited unveiled a domestically produced hydrogen fuel cell bus on Sunday (21st August 2022) in Pune. Kirtaney Pandit Information Technologies (KPIT) is an automotive & mobility ecosystem for making software-defined vehicles a reality company. On the occasion, the Union Minister of State for Science and […] Read more
Climate Change Threatens India’s Solar And Wind Energy Potential: IITM Study Updated On Mon, Aug 22nd, 2022 by Saurenergy Pune-based Indian Institute of Tropical Meteorology (IITM) has revealed in its latest study that the renewable energy in India – specifically solar and wind – may see a downward trend due to the ravages of climate change. The study is titled as ‘Analysis of future wind and solar potential over India using climate models’ and published […] Read more
