India Hydrogen Alliance Seeks Support in Union Budget 2022-23 Updated On Wed, Jan 12th, 2022 by Saurenergy Industry body India Hydrogen Alliance (IH2A) has made various submissions to the government seeking budgetary support for the development of a hydrogen economy in India. IH2A has made submissions to the government for budgetary support for creation of 10 National BharatH2 Clusters, a $1 billion Hydrogen Economy Development Fund (HEDF) and a Public-Private Hydrogen Taskforce, […] Read more
SJVN Awarded LoI for 125MW Solar Projects in Uttar Pradesh Updated On Tue, Jan 11th, 2022 by Saurenergy SJVN Ltd advanced 2.81% to Rs 31.05 after the company bagged 125 MW grid connected solar power project in UP Solar Park in Uttar Pradesh, according to recent media reports. The company has been issued Letter of Intent (LoI) by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for building 75 MW grid […] Read more
Australian RE Agency Grants $40 M to Drive Ultra Low Cost Solar Updated On Tue, Jan 11th, 2022 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced up to $40 million in funding to support research and development (R&D) that aims to support the achievement of the Government’s ultra low cost solar stretch goal. The R&D funding round will build on ARENA’s previous R&D investment into solar […] Read more
ICRA Predicts 16 GW Capacity Addition For RE In FY23 Updated On Tue, Jan 11th, 2022 by Saurenergy The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects. The commitment to climate change goals announced by the Prime Minister at the recent COP26 summit, including increasing the non-fossil power capacity to […] Read more
Waaree Energies Gets SEBI Nod For Rs.1500 Cr IPO Updated On Tue, Jan 11th, 2022 by Saurenergy Waaree Energies Ltd, one of the country’s largest solar module manufacturers has received approval from markets regulator SEBI to launch its initial public offering (IPO). In September, the company had filed draft papers with SEBI. The IPO comprises fresh issue of shares worth Rs 1350 crore, and an offer for sale up to 4,007,500 equity […] Read more
KVG Bank, Bengaluru Firm to Provide Solar Pumps to Karnataka Farmers Updated On Mon, Jan 10th, 2022 by Saurenergy Karnataka Vikas Grameena Bank (KVG Bank) has signed a memorandum of understanding (MoU) with Bengaluru-based MECWIN Technologies Ltd to introduce farmer- friendly solar-powered pump sets through bank’s finance. KVGB general manager P Srinivas Rao and MECWIN Technologies co-founder Shivakumar H M signed the agreement in the presence of KVGB chairman P Gopi Krishna here on Saturday. […] Read more
Japan’s JERA to Develop Ammonia-related Tech with Green Fund Backing Updated On Mon, Jan 10th, 2022 by Saurenergy Japan’s biggest power generator JERA said it would spend 69.2 billion yen ($597 million) on the development of ammonia-related technology, with nearly 70% covered by the government’s green innovation fund. Ammonia is used as a fertiliser and in industrial materials, but is also seen as a future energy source, along with hydrogen. It does not […] Read more
Blackstone to Invest $3 B in North America’s Largest Private RE Firm Updated On Mon, Jan 10th, 2022 by Saurenergy New York City-based Blackstone Inc said on Friday it would invest about $3 billion in Invenergy Renewables Holdings Llc, the largest private renewable energy firm in North America. The money that Blackstone will invest is aimed at providing capital to accelerate Invenergy’s renewables development activities, the company said in a statement. Blackstone, the world’s largest manager of […] Read more
These 5 Solar Projects In China Demonstrate It’s Leadership Like Little Else Updated On Mon, Jan 10th, 2022 by Saurenergy It is no secret that China has virtually built and led the global solar push in the past decade. Firms from the country today supply or control over 70% of global supplies in solar power. While these manufacturers continue to expand and are on track to churn out record profits this year, we take a […] Read more
