Varun Beverages To Pick Stake In UP, Maharashtra Solar Firms Updated On Fri, Apr 12th, 2024 by Saurenergy Gurgaon-based beverages company and PepsiCo franchisee Varun Beverages Limited has announced to invest upto 14% of the Equity Share Capital of Huoban Energy 11 Private Limited, a special purpose vehicle inter-alia engaged to supply solar power to consumers in the state of Maharashtra. Along with that the company also announced its decision to invest upto […] Read more
Tata & Shell Ink Deal To Setup EV Charging Stations Across India Updated On Fri, Apr 12th, 2024 by Saurenergy Tata Passenger Electric Mobility Ltd, has signed a non-binding Memorandum of Understanding with Shell India Markets Private Limited (SIMPL) to collaborate in establishing public charging stations across India. According to a statement by Tata, the collaboration will leverage Shell’s widespread fuel station network and TPEM’s insights from over 1.4 lakh Tata EVs on Indian roads […] Read more
Dalmia Cement To Pick 18% Stake In Wind Power Firm O2 Renewable Energy Subsidiary Updated On Mon, Apr 8th, 2024 by Saurenergy Indian cement manufacturer Dalmia Cement (Bharat) Limited (‘DCBL’) has announced it has entered into a Share Purchase Agreement (“SPA”), Deed of Accession (‘DOA’), and Power Purchase Agreement (‘PPA’) on April 5 to acquire 18.13% of the equity share capital of O2 Renewable Energy V Private Limited, consisting of 68,99,293 equity shares aggregating to Rs.7.80 crore […] Read more
Rs 1.5 lakh Cr. Opportunity In Introducing Smart Meters : CRISIL Updated On Mon, Apr 1st, 2024 by Saurenergy CRISIL rating shared recent data on the current status of smart meters installed by the government under India’s Smart Meter National Program (SMNP). The government planned to replace 25 crore (250 million) conventional electricity meters with prepaid smart meters and upgrade power distribution infrastructure, including feeders and transformers. The report mentioned an estimated capital expenditure […] Read more
US Makers Face Challenges From Cheap Chinese Solar Products: Report Updated On Tue, Mar 26th, 2024 by Saurenergy A recent report by SEMA collation on the state of US PV solar manufacturing discussed the importance of developing a domestic solar manufacturing supply chain in the United States. The report discussed the steps required to reduce dependency on foreign sources, particularly China, and to strengthen the country’s position in clean energy. The report shared […] Read more
Hartek Group Appoints Sanjay Kumar As CEO for Power & Renewable Infra Business Updated On Wed, Mar 13th, 2024 by Saurenergy EPC company Hartek Group announced the appointment of Sanjay Kumar as the new CEO for the Power and Renewable Infra Business. “With a distinguished career spanning various leadership roles in the renewable energy sector, Mr. Kumar brings a wealth of experience and a proven track record of success to his new role” stated the company […] Read more
West Bengal Can Save Rs 62,000cr By Roping In Renewables: Report Updated On Tue, Mar 12th, 2024 by Saurenergy A report by think tank Climate Risk Horizons (CRH) suggests that West Bengal can save thousands of crores in the coming decade by moving away from coal and towards clean energy. The savings accrue through a combination of measures such as the retirement of older, more expensive coal power plants; diverting investment planned for new […] Read more
GIWEL Receives LOA For 440MW Wind-Solar Hybrid Project From SJVN Updated On Mon, Mar 11th, 2024 by Saurenergy Singapore-based renewable energy company Sembcorp through its wholly owned renewables subsidiary Green Infra Wind Energy Limited (GIWEL), received a letter of award (LOA) for a 440MW inter-state transmission system (ISTS) connected wind-solar hybrid power project from SJVN Limited. The GIWEL project is a build-own-operate (BOO) project which is part of a 1.5GW bid issued by […] Read more
IPO Bound-GP Eco Solutions Files Papers For NSE Emerge Updated On Sat, Mar 9th, 2024 by Saurenergy Noida-based Solar Solutions and storage firm GP Eco Solutions is on the IPO Trail, having filed preliminary papers for a listing at NSE Emerge. NSE Emerge is a platform from the NSE that has been created for small and medium enterprises to seek a wider pool of investors, without an IPO if need be. The […] Read more
