Matrix Gas & Renewables Raises Rs 350 Crore In Pre-IPO Round Updated On Tue, Mar 5th, 2024 by Saurenergy Gensol Group Company, Matrix Gas & Renewables Limited, has raised Rs 350 crore in the pre-IPO round. With the current capital raise, Matrix is now well positioned to accelerate its growth initiatives towards expanding market share for the gas aggregation business, acquiring City Gas Distribution (CGD) assets, and funding the ongoing capital expenditure plan. This […] Read more
The Return of Reverse Auctions For Wind Energy- Bad News Or Normalcy ? Updated On Tue, Mar 5th, 2024 by Saurenergy Following reports that the government has instructed leading PSU energy developers to return to the reverse auction mechanism for wind energy tenders, SaurEnergy tried to check the veracity of the claim. Without coming on record, it appears that a communication has been sent to that effect, to NTPC, SJVN, NHPC and of course SECI, which […] Read more
L&T Commissions First Indigenously Build Hydrogen Electrolyser At Hazira Updated On Fri, Mar 1st, 2024 by Saurenergy Larsen & Toubro (L&T) an Indian multinational engaged in EPC Projects, commissioned its first indigenously manufactured electrolyser at the Green Hydrogen Plant. The plant is located at AM Naik Heavy Engineering Complex in Hazira, Gujarat. This accomplishment signifies L&T Electrolysers Limited’s foray into domestic electrolyser manufacturing, underscoring the company’s steadfast dedication to propelling sustainable energy […] Read more
Rolls-Royce To Supply Large-Scale Battery Storage To Latvian National Grid Updated On Fri, Mar 1st, 2024 by Saurenergy Rolls-Royce has received an order from the Latvian transmission system operator Augstsprieguma tikls (AST) to supply an mtu large-scale battery storage system to secure the Latvian power grid. In 2025, Latvia, together with the other Baltic states, will synchronize its energy supply system with the continental European power grid. Following the order, Rolls-Royce will supply […] Read more
EV Charging Firm TelioEV Ventures Abroad In Five Countries Updated On Thu, Feb 29th, 2024 by Saurenergy EV charging management solutions company TelioEV has announced that it has expanded its network into five new countries including Sri Lanka, Nepal, Malaysia, Saudi Arabia, and Oman. The company commenced its operations in these regions in December 2023 and is currently engaging with various stakeholders, including charge point operators, OEMs, EV users, electric vehicle merchants, […] Read more
NGEL To Develop Renewable Energy Parks with MAHAGENCO In Maharashtra Updated On Thu, Feb 29th, 2024 by Saurenergy NTPC Green Energy Limited (NGEL), a wholly owned subsidiary of NTPC Limited, has signed a joint venture agreement with Maharashtra State Power Generation Company Limited (MAHAGENCO), for the development of Renewable Energy Parks in the state of Maharashtra. The company to be set up under the joint venture will develop GW-scale renewable energy parks and […] Read more
Gensol EV Receives ARAI Certification To Launch Its First Flagship Electric Vehicle Updated On Wed, Feb 28th, 2024 by Saurenergy Gensol Electric Vehicles Pvt. Ltd. (GEVPL), a subsidiary of Gensol Engineering Ltd and a new-age OEM in the e-mobility space, today announced that it has received the certification and approval for its unique and revolutionary electric vehicle, from the Automotive Research Association of India (ARAI). This significant accomplishment marks a step forward, paving the path […] Read more
US Energy Dept Issues Letter Of Intent For Funding CSP Deployment Updated On Tue, Feb 27th, 2024 by Saurenergy US department of energy (DOE) recently shared its intention to fund solar concentrator project with a potential funding of upto $30 million for research, development. The Solar Energy Technologies Office (SETO) made a fund opportunity announcement (FOA) in its notification for “Concentrating Solar Flux to Heat and Power.” The letter mentioned, “This project is estimated to […] Read more
Nissan Utilizes Green Energy For Its Operation At Tamil Nadu In 2023 Updated On Fri, Feb 23rd, 2024 by Saurenergy Chennai-based automotive manufacturer Renault Nissan Automotive India (RNAIPL), has announced that it predominantly used green power for its operations during the second half of 2023. The automotive manufacturer plant located in Oragadam, Chennai, on average, utilised more than 85% green energy every month between July and December 2023. With 100% green energy utilization in September […] Read more
