Thailand’s Largest Cement Maker Siam Cement Grp Plans $3 Bn Investment in Renewables Updated On Fri, Dec 16th, 2022 by Saurenergy The largest building materials player of Thailand – Siam Cement Group (SCG) – has now come up with a comprehensive investment plan for the coming five years. The key feature this time is that it has special focus on the environmental aspect of the businesses of SCG and the company looks to strive faster towards […] Read more
NTPC Ltd Floats Tender for Supply of Power Transformer to Khavda Solar Park Updated On Fri, Dec 16th, 2022 by Saurenergy NTPC Renewable Energy Limited (NTPC REL) has invited online bids from eligible bidders on a Single Stage Two Envelope basis for the supply of power transformer supply package-II (South Block) under the development of 4750 MW NTPC Renewables Khavda RE park, Rann of Kutch, Gujarat. The last date for submitting the bid of this NTPC […] Read more
IREDA Inks Rs. 4,445 Cr Loan Pact with SJVN Green Energy for 1 GW Solar Power Project Updated On Thu, Dec 15th, 2022 by Saurenergy The Indian Renewable Energy Development Agency Ltd. (IREDA) has joined hands with SJVN Green Energy Ltd. (SGEL, a subsidiary of SJVN Ltd.) for a 1,000 MW Solar power project at Bikaner, Rajasthan. The agreement is worth Rs. 4,444.71 crore. The project funded by IREDA will connect to 400/220 KV substation Bikaner-II (near Bikaner). The project […] Read more
CERC Rejects Windpower Windfarm’s Grounds for Failure to Commission Project Updated On Thu, Dec 15th, 2022 by Saurenergy A petition filed by Airpower Windfarms, contending that because the Gujarat Energy Development Authority (GEDA), refused to extend the developer permissions, it was unable to commission its project, has been turned down by the Central Regulatory Electricity Commission (CERC). The firm said that it was granted Stage-I Connectivity on 13.7.2018 and Stage-II Connectivity on 24.8.2018 […] Read more
President Murmu Unveils EV Yatra Portal App On Energy Conservation Day Updated On Wed, Dec 14th, 2022 by Saurenergy An EV yatra portal and a mobile application, which will enable in-vehicle navigation to the closest public EV charger, are set to go live soon, according to a release from the office of President of India, Draupadi Murmu. At a celebration for National Energy Conservation Day, the President will also present awards to the recipients […] Read more
EIP Raises EUR 1 Billion For Energy Transition Projects In Rich World Updated On Wed, Dec 14th, 2022 by Saurenergy Energy Infrastructure Partners (EIP) has announced that it has raised €1 billion for the first close of its global energy transition infrastructure fund. The majority of the investment commitments come from the Swiss pension funds. Credit Suisse Investment Foundation contributed EUR 700 million of the total commitments. The funds are likely to be invested in […] Read more
EBRD Steps-Up Wind Power Generation In Uzbekistan With $520 million Funding Updated On Wed, Dec 14th, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has announced a fresh deal to support Uzbekistan’s renewable energy through investment in low-carbon technologies to help align the country’s power-sector development with its commitments under the Paris Agreement. EBRD has said that it has arranged two syndicated loans worth $520 million to help construct and put […] Read more
Saudi Arabia’s PIF Acquires 9.5% Stake in Offshore Wind Player Skyborn Renewables Updated On Wed, Dec 14th, 2022 by Saurenergy The Public Investment Fund (PIF), the Kingdom of Saudi Arabia, has announced the acquisition of up to 9.5% in Germany based offshore wind developer and operator Skyborn Renewables, alongside Global Infrastructure Partners (GIP) which is a global, independent infrastructure investment fund. The Saudi Government has said that the investment will allow PIF to participate in […] Read more
NTPC Crosses Key Milestone of 1 GW Renewable Capacity Updated On Wed, Dec 14th, 2022 by Saurenergy NTPC Ltd, the country’s largest power generator, has crossed the 1GW annual capacity in the renewable energy (RE) segment by adding 1074.59 MW RE capacity in FY23 taking the total NTPC non-fossil capacity to 9.41%. With the successful commissioning of entire capacities of 150 MW & 90 MW Devikot Solar PV Projects at Jaisalmer, Rajasthan, […] Read more