REC Limited Faces Higher Expectations With Maharatna Status Updated On Thu, Sep 22nd, 2022 by Saurenergy REC Limited was accorded the status of Maharatna Central Public Sector Enterprise on Wednesday, September 21, giving REC greater operational and financial autonomy. With this, REC joins the previous 11 PSU firms in the elite list as the 12th member. An order to this effect was issued today by the Department of Public Enterprises, under […] Read more
Boliden to Reduce Carbon Footprint of Dogger Bank Offshore Wind Farm Updated On Thu, Sep 22nd, 2022 by Saurenergy Swedish mining and smelting company Boliden has announced that the world’s largest offshore wind farm, Dogger Bank, has chosen to use low-carbon copper from Boliden in the high-voltage offshore export cable systems for the third phase of the project which is called ‘Dogger Bank C.’ Boliden said that by using Low-Carbon Copper, the CO2-footprint of […] Read more
Amazon Scales Up Green Ambitions In India, 3 Solar Plants of 420 MW Planned In Rajasthan Updated On Thu, Sep 22nd, 2022 by Saurenergy In a development indicative of the strong shift at corporate level towards green energy, Amazon in India has signed three separate deals for a total of 420 MW for powering its operations in India. Additionally, Amazon has also announced 23 new solar rooftop plants across its fulfillment centres in India, which will account for an […] Read more
Cabinet Approves Second Tranche of PLI Scheme For Solar Module Manufacturing Updated On Wed, Sep 21st, 2022 by Saurenergy The second tranche / phase of the Production Linked Incentive (PLI) scheme for the advancement of solar PV modules, with an outlay of Rs 19,500 crore, was approved by the Union Cabinet on September 21. In a press conference held after the Cabinet meeting, Union Minister Anurag Thakur stated that the PLI for the “National […] Read more
USA’s P&G Collaborates with ENGIE for New Texas’ RE Project Updated On Wed, Sep 21st, 2022 by Saurenergy USA’s FMCG Company, P&G (Procter and Gamble) and utility services provider company ENGIE North America have recently announced the collaboration for a 200 MW power purchase deal from ENGIE’s Sun Valley Solar project. What the Collaboration Offers According to the document, the Sun Valley project, which is located 65 miles southwest of Dallas in Hill […] Read more
Vianode Invests NOK 2 Billion in Battery Materials Plant in Norway Updated On Wed, Sep 21st, 2022 by Saurenergy Active anode materials manufacturer in Vianode has announced that it will invest around NOK 2 billion in its first industrial-scale plant for sustainable battery materials at Herøya in Norway. Vianode is a company owned by the three firms, namely, Elkem, Hydro and Altor. Vianode said that the investment will create new industrial jobs and provide […] Read more
What Are Climate Bonds? Updated On Wed, Sep 21st, 2022 by Saurenergy According to the United Nations’ Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate […] Read more
USA’s Jingoli Power Launches Solar EPC Division To Expand RE Services Portfolio Updated On Wed, Sep 21st, 2022 by Saurenergy US-based Jingoli Power has announced the launch of a new solar engineering, procurement and construction (EPC) division in the company as part of its rapidly growing renewable energy services portfolio. Jingoli Power provides professional services like planning, survey, evaluation and cost estimation to contractor management and tender-process management for complex electric utility construction projects. It […] Read more
KKR Invests in Hero Future Energies in $450 Million Transaction Updated On Tue, Sep 20th, 2022 by Saurenergy New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […] Read more
