Syngene Announces Acquisition of 26% Stake in Ampyr Updated On Wed, Jul 13th, 2022 by Saurenergy The corporate sector is bullish about investments in the renewable sector reasoned by the availability of cheap power and compulsions under ESG ambitions. In a latest development, Syngene International has revealed that it is looking to acquire up to 26 per cent equity stake in Ampyr Renewable Energy Resources Eleven, which is a SPV formed […] Read more
MNRE Minister Bhagwant Khuba At Intersolar Europe Updated On Fri, May 13th, 2022 by Saurenergy Union Minister of State for Ministry of New and Renewable Energy, Bhagwant Khuba attended the Intersolar Europe 2022 held at Munich, Germany. The Minister delivered key note address at the investment promotion event on “India’s Solar Energy Market”. Bhagwant Khuba in his key note address said that ‘As Hon’ble PM Modiji’s ambitious Panchamrit targets set […] Read more
SECI signs MoU with Min of Home Affairs to set up solar panels Updated On Mon, May 9th, 2022 by Saurenergy Solar Energy Corporation of India (SECI) has signed an Memorandum of Understanding (MoU) with the Union Ministry of Home Affairs (MHA) in order to harness the potential of solar energy on the available rooftop areas in the campuses of the Central Armed Police Forces (CAPF) and National Security Guard (NSG), an official press release states. […] Read more
“OEMs and freight transporters need stronger financial support”, Satyakam Arya, Daimler India CV’s Updated On Tue, Mar 22nd, 2022 by Saurenergy The BharatBenz brand, even as it becomes more visible on the roads in India, is also looked upto for the pedigree and technology access it has. To that extent, the company behind it, Daimler India Commercial Vehicles Pvt Limited (DICV),. faces a tough ask to lead the changes needed to clean up the commercial transportation […] Read more
Global Floatovoltaics Market Expected to Reach 4.8 GW by 2030: Report Updated On Thu, Jan 20th, 2022 by Saurenergy Global floating solar panels market, estimated at 1.6 GW in 2021, is projected to reach 4.8 GW by 2026, finds a new study published by research company Global Industry Analysts (GIA). Floating solar panels or floating photovoltaics (FPV), which are also known as floatovoltaics, are solar panels that are mounted on a structure floating on a […] Read more
Algeria Releases Solar Tender to Deploy 1 GW Capacity Updated On Wed, Jan 12th, 2022 by Saurenergy The Ministry of Energy Transition and Renewable Energy of Algeria has launched a tender for the deployment of 1 GW of solar capacity. The procurement exercise will be divided into lots ranging from 50 MW to 300 MW each. The developers can submit technical and financial offers by April 30, 2022. Algerian Renewable Energy Company (SHAEMS), […] Read more
BPCL Signs Pact with SECI to Install 10GW RE Capacity by 2040 Updated On Mon, Dec 27th, 2021 by Saurenergy Fuel retailer Bharat Petroleum Corporation (BPCL) announced it has signed a Memorandum of Understanding (MoU) with Solar Energy Corporation of India (SECI) to set up 10 Gigawatt (GW) of renewable energy capacity by 2040. The move is also significant in that BPCL has been marked out for disinvestment or complete privatisation by the government, in […] Read more
African Nation Namibia to Tender 50-130MW CSP Project Next Year Updated On Thu, Dec 23rd, 2021 by Saurenergy Namibia Power Corporation Ltd (NamPower), the national electric power utility company of the African country Namibia, is planning to issue a tender for a 50MW-130MW concentrated solar power (CSP) with storage project in 2022. The project is expected to require investment of US$600mn-US$1bn, with a target commissioning date set for 2025. The plans were revealed by […] Read more
Honda 2Wheelers Unveils 2nd Wind Turbine System in Gujarat Updated On Fri, Dec 17th, 2021 by Saurenergy Honda Motorcycle & Scooter India (HMSI) on Thursday said its second wind turbine system at Bhanvad in Gujarat has gone on stream, which will help the company meet over 50 per cent of the energy requirements from hybrid renewable resources across all its four manufacturing plants. The wind turbine system at Bhanvad is around 350 […] Read more