Canadian Pension Firm & Mahindra Group Collaborate Strategically in RE Updated On Sun, Sep 18th, 2022 by Saurenergy The Mahindra Group and the Canadian-based pension firm, Ontario Teachers’ Pension Plan Board have announced a strategic alliance to take advantage of the expanding renewables market in India. Both parties have entered into legally binding agreements under which Ontario Teachers’ will purchase a 30% equity stake in Mahindra’s solar development arm, Mahindra Susten Pvt Ltd […] Read more
Rosatom Looks for Opportunities in Renewables, Carbon Fibre, EV in India Updated On Thu, Sep 15th, 2022 by Saurenergy Russian energy player Rosatom Group leadership has said that it is looking at opportunities in the renewables and carbon fibre sectors, among others, with regards to the Indian market and the firm wants to play a key role in the energy transition of the country, according to reports. Vadim Titov, President of Rusatom-International Network, has […] Read more
PSUs- the Pathway for India’s Clean Energy Goals to Net Zero By 2070 Updated On Wed, Sep 14th, 2022 by Saurenergy Coal India Limited (CIL), NTPC, and Indian Railways- three of India’s largest central state-owned enterprises, can help the nation achieve its climate goals, while also capturing a portion of the clean energy goals / market and reducing an anticipated 22%-28% cash flow gap by 2050 as India moves towards net-zero, according to a new report […] Read more
Govt OMCs to Run Retail Fuel Stations on Solar by ’24 Updated On Mon, Sep 12th, 2022 by Saurenergy Indian Government-owned companies are increasingly employing renewable sources of energy to decarbonise operations and add to the country’s target of achieving the net zero target by 2070. In a fresh announcement, Pankaj Jain, Secretary, Ministry of Petroleum and Natural Gas, has said that state run-oil marketing companies (OMCs) will operate their complete network of petrol […] Read more
Jakson Group Sets Sights on Building Green Hydrogen Projects Across Asia, Africa Updated On Mon, Sep 5th, 2022 by Saurenergy A leading energy company in India, Jakson Group has shared that it will set up green hydrogen projects across Asia and Africa. The Chairman and Managing Director, Jakson Group, Sameer Gupta revealed, “The company intends to construct green hydrogen projects throughout West Asia and North Africa. The intention is to hunt for hydrogen and ammonia […] 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
Inox Wind Board Gives Go-Ahead to Raise Up To Rs 800 Crores Updated On Thu, Sep 1st, 2022 by Saurenergy Noida-based wind energy solution provider, Inox Wind announced recently that the Board has given the company permission to finance up to Rs 800 crore through the private placement of non-convertible preference shares to promoters. The official news release states that the money raised would go toward paying off the debt. According to Devansh Jain, executive […] Read more
Indian Oil Releases Tender to Buy Land in Odisha for 10MW Solar Project Updated On Mon, Aug 29th, 2022 by Saurenergy To build a 10 MW solar project in Odisha, Indian Oil Corporation (IOCL) has released a tender for the sale of 50 acres of land. The last date for submitting the online bid is September 26, 2022, and the bids will be opened on September 27, 2022. Each interested bidder will have to pay Rs. […] Read more
JSW Renew Energy Wins Big SECI Tender for BESS Updated On Sat, Aug 27th, 2022 by Saurenergy In a major development, JSW Renew Energy Five Limited, a special purpose vehicle of JSW Energy- is amongst India’s leading private sector power producing companies, has won a battery storage auction by SECI (Solar Energy Corporation of India). The auction was for the establishment of pilot projects entailing 500MW/1000 MWh standalone BESS (Battery Energy Storage […] Read more
