Inox Green Energy board approves proposal to raise Rs 900 cr via IPO Updated On Tue, May 10th, 2022 by Saurenergy Inox wind arm Inox Green Energy Services’ board on Monday approved a proposal to raise Rs 900 crore through an initial public offer (IPO). The proposed IPO will comprise fresh issuance of equity shares aggregating up to Rs 500 crore and an offer for sale (OFS) of equity shares by certain shareholders to the tune […] Read more
Bids For 1250 MW Solar Plants Under PMKUSUM-C Invited in Madhya Pradesh Updated On Tue, May 10th, 2022 by Saurenergy Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) has invited bids for the selection of Renewable Power Generators (RPGs) through tender process for setting up 1250 MW grid-connected Solar PV-based Power Plants (SPP) connected to selected 33/ 11 kV substation in Madhya Pradesh. MPUVNL will sell the solar power so procured to Madhya Pradesh Power Management Company Limited (MPPMCL) […] Read more
Fast Company Recognizes Accela and NREL’s SolarAPP+ as a ‘World Changing Idea’ Updated On Tue, May 10th, 2022 by Saurenergy Cloud solutions provider Accela has announced that the online solar permitting platform launched in partnership with the U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) SolarAPP+ was selected by Fast Company for its World Changing Ideas Award 2022. SolarAPP+ implies ‘Solar Automated Permit Processing Plus.’ The Fast Company World Changing Idea Awards honors […] Read more
AES to provide 450 MW renewable energy to Amazon Updated On Mon, May 9th, 2022 by Saurenergy Virginia, US based AES Corporation has announced that it has entered into two renewable energy Power Purchase Agreements (PPAs) with global e-commerce and cloud giant Amazon. As part of the agreements, AES will deliver renewable energy in the CAISO (California Independent System Operator) market and source it from a combined 450 MW of solar and […] Read more
Jindal Acquires Earth Energy EV in a bid to enter EV market Updated On Sat, May 7th, 2022 by Saurenergy Jindal Worldwide has announced that it has acquired Mumbai-based EV startup Earth Energy EV through one of its subsidiaries – Jindal Mobilitric. The acquisition also marks the entry of Jindal Worldwide into the electric vehicle sector of India. The financial details of the deal are yet to be disclosed. The official statement of Jindal Worldwide […] Read more
Actis Forms Blupine Energy to Develop renewable energy in India Updated On Fri, May 6th, 2022 by Saurenergy Actis has incorporated Blupine Energy Pvt Ltd, a company in India to develop renewable energy projects and store assets in India. In June, 2021, Actis had officially incorporated Blupine Energy in which the paid up capital was Rs 16 crore. Reports say that Bluline will become active immediately with a corpus of funds amounting $800 […] Read more
Energy Vault, Two Others Construct Gravity-Based Energy Storage in China Updated On Fri, May 6th, 2022 by Saurenergy Energy Vault Holdings announced the groundbreaking for the first EVx deployment for gravity based energy storage system in China. The 100 MWh EVx system is being built adjacent to a wind farm and national grid site in Rudong located outside of Shanghai to augment and balance China’s national energy grid through the delivery of renewable […] Read more
BSPGCL Invites Bids for Consultancy Services for Setting-up 200 – 250 MW Solar Power Plants Updated On Fri, May 6th, 2022 by Saurenergy Bihar State Power Holding Company Limited (BSPGCL) has issued tender for request for proposal for selection of agency for providing consultancy services for setting up 200 to 250 MW Solar Power Plants. The notification by BSPGCL says that as far as selection method is concerned, it would be combined quality cum cost based selection. The […] Read more
Nestle’s Trucks in UK Switch to Renewable Energy Updated On Fri, May 6th, 2022 by Saurenergy Nestle has revealed that its food and drink products will now be delivered around the UK and Ireland by trucks which emit up to 95% less carbon. Nestle has switched 75% of its owned fleet of trucks from diesel to Bio-LNG, a liquefied gas which is a by-product of waste. Nestle says that the move […] Read more