News In Brief Dec 11: CATL in Spain, Husk Power, EVLO’s First BESS Updated On Wed, Dec 11th, 2024 by Saurenergy Stellantis And CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain Stellantis, the maker of the iconic JEEP, and CATL recently reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant […] Read more
Mahindra Adds New Subsidiary Velos Hybren To Expand RE Portfolio Updated On Wed, Dec 11th, 2024 by Saurenergy Mahindra Susten (MSPL) recently incorporated Velos Hybren Private Limited (Velos Hybren) as its step-down subsidiary to spur renewable energy growth. Velos Hybren has been established to produce and sell power, generate electricity, act as an Independent Power Producer (IPP), and facilitate distributed energy solutions, including rooftop solar installations for commercial, industrial, institutional, and residential segments. […] Read more
Gentari, AM Green In 650 MW RTC Deal For Green Ammonia Plant Updated On Wed, Dec 11th, 2024 by Saurenergy Clean energy solutions provider Gentari, through its subsidiary Gentari Renewables India Castor One Private Limited and AM Green Ammonia India have executed a firm and binding Power Purchase Agreement. Under the agreement, Gentari will be supplying 650 MW round-the-clock, carbon-free energy to power AMG Ammonia’s upcoming green ammonia facilities in Telangana, under a long-term Power Purchase […] Read more
Reliance NU Energies Makes Key Appointments Updated On Wed, Dec 11th, 2024 by Saurenergy Reliance NU Energies Private Limited, a subsidiary of Reliance Power, has inducted two key people in its leadership: Mayank Bansal as Chief Executive Officer (CEO) and Rakesh Swaroop as Chief Operating Officer (COO), who have a combined experience of over 40 years in the energy sector. The two energy sector veterans will helm Reliance Power’s […] Read more
Chief of Unit, Resource Mobilisation Updated On Tue, Dec 10th, 2024 by Saurenergy Reporting to the Assistant Director-General (Programs) or a designated officer, this role will lead a team of professionals – International and National Officers. The Chief will provide expert advice, develop policies, and lead resource mobilization and fund-raising efforts. S/he will lead the financing, and capital/investment flows that will meet ISA’s mandates in implementing solar projects/initiatives […] Read more
Khavda: GE Vernova Gets Rs. 400 Cr Order From Sterlite Power Updated On Tue, Dec 10th, 2024 by Saurenergy GE Vernova recently secured an order worth approximately ₹400 crore from Sterlite Power. The US-based wind energy company will supply and supervise 765 kV power transformers and reactors for the Khavda project. GE Vernova plans to execute the project within two years. Wind turbine manufacturers in India have been increasing the upper capacity limit of […] Read more
SECI’s 4 GWh BESS Tender Finds Takers At Rs 3.52/kWh Updated On Tue, Dec 10th, 2024 by Saurenergy NTPC Renewable Energy, Sembcorp Green Infra, Solarcraft Power India 8 and Hero Solar Energy have all bid at Rs 3.52 to emerge winners from SECI’s largest Solar+Storage tender till date for 2 GW Solar plus 4 GWh BESS. While NTPC won 500 MW, Hero walked away with 270 MW, with the rest getting 150MW allotments […] Read more
Waaree Energies Adds 1 GW Module Order Updated On Mon, Dec 9th, 2024 by Saurenergy Waaree Energies Limited, India’s largest solar module manufacturing company with capacity of 13.3 GW announces securing a significant order for the supply of 1 GW of solar modules from a renowned developer. The new order follows the massive success Indian manufacturers are enjoying in the utility scale segment after the new DCR rules came into […] Read more
Global Non-Chinese Inverter Firms Seek Protection Against Chinese Dominance Updated On Mon, Dec 9th, 2024 by Saurenergy China’s solar demand doubled in 2023, driving significant growth in PV inverter supply. Similar to the solar PV sector, Chinese inverter manufacturers are emerging as the dominant force in the global inverter market, accounting for over half of global shipments. Since 2022, the top 5 ranks in the global inverter shipments have also been taken […] Read more
