REC Ltd, NIIFL collaborate on funding solutions for renewable energy, other infra projects Updated On Mon, Jan 29th, 2024 by Saurenergy REC Limited has signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Limited (NIIFL) to collaborate on a suite of funding solutions for “Renewable Energy Projects” as well as large-scale infrastructure projects in India. REC Ltd is a Maharatna CPSE and also a leading NBFC that comes under the ambit of […] Read more
Revolutionizing EV Charging: Is India Ready to Accelerate Into The Future With V2G? Updated On Thu, Jan 25th, 2024 by Saurenergy Vehicle-to-grid (V2G) technology marks a transformative phase in the intersection of Electric Vehicles (EVs) and power grids. This cutting-edge system allows electric vehicles to draw energy from the grid for charging and feed stored energy in vehicle batteries back into the grid when needed. V2G, often associated with bidirectional charging, establishes a dynamic relationship where […] Read more
Cleantech Solar Inducts Ritesh Singhi As Country Manager, India Updated On Thu, Jan 25th, 2024 by Saurenergy – Cleantech Solar, a leading provider of renewable energy solutions to corporations in India and Southeast Asia, proudly announces the appointment of Ritesh Singhi as their Vice President and Country Manager – India. With an extensive background spanning nearly three decades of experience in business operations and management, Singhi brings comprehensive expertise in operations management, […] Read more
Sembcorp Awarded 450MW Wind-Solar Hybrid Project In India Updated On Wed, Jan 24th, 2024 by Saurenergy Sembcorp Industries (Sembcorp) a wholly owned renewables subsidiary of Green Infra Wind Energy Limited (GIWEL), recently announced that it received a Letter of Award (LOA) for its 450MW Inter-State Transmission System (ISTS) wind and solar hybrid project. The firm received the LOA from the Solar Energy Corporation of India (SECI). Sembcorp’s Build-Own-Operate (BOO) project was […] Read more
SAEL Secures $1 Billion For Solar, Other Renewables Updated On Wed, Jan 24th, 2024 by Saurenergy SAEL Industries, an Indian renewable energy firm, has successfully secured $1 billion in funding from various financial institutions, including Norfund, DFC, Asian Development Bank (ADB), and Tata Cleantech. The funds will be utilized to support SAEL’s renewable energy portfolio, with a focus on expanding its solar and biomass projects. The company, which specializes in solar […] Read more
Rystad Energy Forecasts Solar, Wind Markets To Add More Than 900 Tw-Hr In 2024 Updated On Wed, Jan 24th, 2024 by Saurenergy Rystad Energy, a research company recently shared some key aspects that can shape the energy sector in 2024. Renewable energy capacity expanded rapidly, keeping up with global power demand growth for the first time. It forecasted in 2023, “Solar PV needed to grow by 220 gigawatts (GW) in 2023 to track the 1.6 DG scenario […] Read more
AM Green, Envision Energy Join Hands For Wind, Green H2 Projects Updated On Wed, Jan 24th, 2024 by Saurenergy Envision Energy International, and AM Green, a hydrogen and green ammonia venture wholly owned and controlled by the founders of Greenko Group, signed a Memorandum of Understanding (MOU) to partner in the manufacture of wind turbines for AM Green’s clean energy projects in India and to collaborate on green hydrogen projects. The MOU was signed recently […] Read more
Waaree Renewable Reports 158% Jump In PAT In Q3 Updated On Mon, Jan 22nd, 2024 by Saurenergy Waaree Renewable Technologies, the solar EPC subsidiary of the Waaree Group has now announced its Financial Results for Third Quarter (Q3). The consolidated financial results of the renewable firm said that its total revenue in Q3 increased by 338.78 percent on a Year-on-Year (YoY) basis. It also announced a 158.09% increase in Profit After Tax […] Read more
India Has Around 32 GW of RE Projects Under Bidding Stage: RK Singh Updated On Mon, Jan 22nd, 2024 by Saurenergy Union Minister of New and Renewable Energy RK Singh said in a press conference that no country could excel without sufficient power. “The power shortage in India has come down from around 4.5% in 2014 to less than 1% today,” he said. He added, “Electricity is the most important infrastructure, which is a sine qua […] Read more
