Appliance Maker Stovekraft Is Greener With Solar Power Now Updated On Fri, Aug 13th, 2021 by Saurenergy Bangalore-headquartered manufacturer of cooking appliances, Stovekraft Ltd., has announced on Thursday to produce clean energy and cutting down its carbon footprints. The firm has gone green by installing a solar rooftop PV system with higher efficiency mono PERC 535/540Wp PV Module at its Bangalore factory. The factory is spread across 16 acres and has more […] Read more
Azure Power Secures Green Bond of US$41.4 Million At Lowest Coupon of 3.575% Updated On Fri, Aug 13th, 2021 by Saurenergy Indian independent power producer (IPP), Azure Power Global Limited announced the issuance of a dollar green bond of US$414,000,000, through its wholly-owned subsidiary, Azure Power Energy Ltd. The Bond, maturing in 2026, will be issued at a coupon of 3.575%, i.e., the lowest ever coupon in the high-yield segment for any business out of India […] Read more
Tata Power Wins 20MW Solar plus 50MWh Battery Storage Auction of SECI Updated On Thu, Aug 12th, 2021 by Saurenergy Tata Power Solar, India’s largest solar energy company, and Tata Power’s wholly-owned subsidiary has received a “Notice of Award” (NoA) to build 50MWp Solar PV Plant with 50MWh Battery Energy Storage System (BESS) project at Phyang village in Leh, Ladakh. The order value of the project is ÌNR 386 crores. The commercial operation date for […] Read more
CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure Updated On Thu, Aug 12th, 2021 by Saurenergy Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […] Read more
MNRE Invites EoI for Evaluation of Solar Park Development Scheme Updated On Thu, Aug 12th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has invited Expression of Interest (EoI) from reputed experts and consultancy firms for evaluating the “Development of Solar Parks and Ultra Mega Solar Power Projects” scheme, which the ministry has been implementing since December 2014. The main objective of the scheme is to set up at least 50 […] Read more
Global Stationary Lead Acid Battery Market to be Worth $11 B by 2030 Updated On Thu, Aug 12th, 2021 by Saurenergy Globally, the stationary lead acid batteries market is estimated to reach $11.02 billion by 2030 from $7.38 billion in 2020, an uptick at a compound annual growth rate of 4.1%, finds a new analysis by market research company Frost & Sullivan. The report “Global Stationary Lead Acid Battery Growth Opportunities,” shows that stationary lead acid […] Read more
Mandating Green Hydrogen Use In Fertilisers and Other Sectors Key, Says Minister Updated On Wed, Aug 11th, 2021 by Saurenergy According to the junior oil minister, Rameswar Teli, under its quest to reduce carbon emissions, India plans to mandate refineries and fertilizer plants to use some green hydrogen. In a written reply to lawmakers on Monday, Teli said that India’s draft hydrogen policy will mandate a gradual increase in the use of green hydrogen instead […] Read more
ReNew Power Makes First Hydro Acquisition, Adds 359 MW Acquisitions Updated On Wed, Aug 11th, 2021 by Saurenergy ReNew Power continues its strong 2021 performance with the announcement of two acquisitions of 359 MW of renewable projects. Notably, the firm has made its first Hydropower acquisition, a 99 MW project in Uttarakhand. The second project is a clutch of 260MW/330MWp solar projects in the state of Telangana According to the firm, the combined […] Read more
Innowatts Deploys Grid Edge Solutions in US & UK Updated On Wed, Aug 11th, 2021 by Saurenergy Gurugram-headquartered Innowatts, an AI-based solutions provider, has announced the deployment of its grid edge management solutions in collaboration with several major partners- the City of Fargo, North Dakota, US; Scottish and Southern Electricity Networks (SSEN), UK; etc.- which are seeking to accelerate their energy transition. Innowatts’ Grid Edge Management module enables fully automated and near […] Read more
