NTPC, JBIC Collaborate To Finance Renewable Energy Project In India Updated On Wed, Mar 27th, 2024 by Saurenergy Japan Bank for International Cooperation (JBIC) Governor, HAYASHI Nobumitsu has signed a loan agreement that amounts to up to JPY15 billion of which JBIC’s portion is JPY9 billion, with NTPC Renewable Energy Limited (NREL) of India. The loan is co-financed with Sumitomo Mitsui Banking Corporation and the Bank of Fukuoka, Ltd. JBIC also claims to […] Read more
Adani Green Commissions 180 MW Solar Project In Rajasthan Updated On Wed, Mar 27th, 2024 by Saurenergy As the end of the financial year approaches, India’s sorry solar capacity addition figures for the year got a late boost with the commissioning of the project from Adani Green Energy Limited (AGEL). AGEL, India’s largest and one of the world’s leading renewable energy (RE) companies, has commissioned a 180 MW solar power plant at […] Read more
Australian Gold Miner Goes For Innovative Solar Plant To Cut Emissions Updated On Wed, Mar 27th, 2024 by Saurenergy Australian Gold Miner, Bellevue mining is on course to power operations with 100% renewables at times, as it seeks an 89.7 MW off grid facility at its mining site in Western Australia. Domestic Adelaide based solar firm 5B has been tasked with deploying 26MW of its 5B ‘Maverick’ solar farm at Bellevue Gold’s high-grade gold […] Read more
Navi Mumbai Issues Tender For 100 MW Floating Solar Project Updated On Tue, Mar 26th, 2024 by Saurenergy A tender has been issued by Navi Mumbai Municipal Corporation (NMMC) inviting bids to develop a 100 MW floating solar project and a 1.5 MW hydroelectric project at Morbe Dam in the Raigad district of Maharashtra. According to the tender, the last day to submit the bids is April 2 while the bids will be […] Read more
US Announces $6 Billion To Clean Heavy Industry Sector Updated On Tue, Mar 26th, 2024 by Saurenergy The US Department of Energy (DOE) has announced up to $6 billion for 33 projects across more than 20 states to decarbonize energy-intensive industries, reduce industrial greenhouse gas emissions, support good-paying union jobs, revitalize industrial communities, and strengthen the nation’s manufacturing competitiveness. Funded by the President’s Bipartisan Infrastructure Law and Inflation Reduction Act, the projects […] Read more
MoP Issues Viability Gap Funding Guidelines For BESS Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […] Read more
GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K Updated On Wed, Mar 20th, 2024 by Saurenergy GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The […] Read more
Korkia & Econous Green Energy Partner To Develop 600 MW Solar Power In Romania Updated On Tue, Mar 19th, 2024 by Saurenergy Korkia and Romania-based renewable energy developer Econous Green Energy have set up a partnership to develop 600 MW of solar energy in Romania. Initial projects are expected to be licensed and ready for construction in 2025. According to a media statement by Korkia, 600 MW of photovoltaic capacity means approximately 780,000 MWh of electricity production, […] Read more
Servotech, Nashik Municipal Collaborate To Build 20 EV Charging Stations Updated On Tue, Mar 19th, 2024 by Saurenergy Servotech Power Systems Ltd., a tech-enabled electric vehicle (EV) Charging solutions provider secured a contract from the Nashik Municipal Corporation (NMC). This contract involves Servotech supplying, commissioning, and constructing 20 electric vehicle (EV) charging stations throughout the Nashik Municipal Corporation area. The objective of this contract is to meet the increasing need for convenient and […] Read more
