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
Energy Tech Platform Urja Sathi Raises Seed Funding Of Rs 35 lacs Updated On Tue, Mar 5th, 2024 by Saurenergy Lucknow-based Urja Sathi, a sustainable energy-tech platform for buying and selling renewable energy solutions in India, has raised seed funding of INR 3.5 Million from entrepreneurs-cum-investors Ankitt Jain and Sharlee Jain. This marks Urja Sathi’s maiden fundraising round; prior to this, the startup had remained bootstrapped since its inception in 2023. Urja Sathi claims to have launched India’s […] Read more
Finolex, Hinduja Sign PPA For 8.36 MW Power For 25 Years Updated On Mon, Mar 4th, 2024 by Saurenergy Finolex Industries Limited (FIL) a PVC pipes manufacturing company in India entered into a share purchase agreement for 8.36 MW renewable energy with Mumbai-based Hinduja Renewables (HREPL) and Hinduja Renewables Energy Private Limited (HROPL). This agreement was undertaken between power project developers engaged in the development, construction, operation, and maintenance of renewable energy-based power plants […] Read more
ReNew In Talks With Sembcorp To Sell 350 MW Assets: Report Updated On Fri, Mar 1st, 2024 by Saurenergy According to several media reports, Indian renewable energy company ReNew Energy Global Plc has initiated discussions to sell a portfolio of solar projects with a combined capacity of 350 MW to Singapore’s Sembcorp Industries Ltd The reports also said that earlier ReNew had sought to sell off a much larger 1.1-GW portfolio which included 750 […] Read more
Delhi LG Suspends State’s Solar Policy, Accuses AAP; ‘CM Lying’, Says LG: Report Updated On Wed, Feb 28th, 2024 by Saurenergy A month after Delhi CM Arvind Kejriwal announced the new solar policy for the national capital, LG Vinai Kumar Saxena has suspended its implementation, as per several media reports citing AAP sources. AAP also alleged that the LG is obstructing the implementation of the policy till the Model Code of Conduct comes into force to […] Read more
NLC India Invites Bid For Central Inverters For 600 MW Khavda Solar Project Updated On Mon, Feb 26th, 2024 by Saurenergy NLC India has issued a tender inviting bids for the supply of central inverters for a 600 MW Solar Project in GSECL’s Solar Park at Khavda inGujarat. The bids have been sought under a two-part system followed by reverse bidding. This 600 MW Solar Power Project will be developed by NLCIL through its wholly-owned subsidiary […] Read more
Singapore-based Sembcorp Industries Acquires 228 MW Wind Assets In India Updated On Mon, Feb 19th, 2024 by Saurenergy Singapore-based renewable energy company Sembcorp Industries (Sembcorp) has announced that it has, through its wholly-owned subsidiary Green Infra Wind Energy Limited completed the acquisition of 100% of the share capital in two special purpose vehicles (SPVs) of Leap Green Energy Private Limited. The SPVs own 228MW of operational wind assets in Madhya Pradesh, Maharashtra, and […] Read more
