Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr Updated On Fri, Aug 11th, 2023 by Saurenergy Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021. Speaking about this development, Anders Blom, Vice President at Norfund […] Read more
Tata Power Signs MoU With Maharashtra For 2800 MW of PSP Updated On Wed, Aug 9th, 2023 by Saurenergy Tata Power has signed a Memorandum of Understanding (MoU) with the Maharashtra government to develop Pumped Hydro Storage Projects (PSP) with a combined capacity of 2800 MW. The power firm said these projects will likely see an investment of around Rs 1300 crore. The company shared the information in its latest filing before the Bombay Stock Exchange […] Read more
1 TW Renewable Potential in Egypt: A Game-Changer or a Distant Dream? Updated On Fri, Aug 4th, 2023 by Saurenergy Egypt has the potential to produce electricity capacity of 350 gigawatts (GW) from wind energy and 650 GW from solar energy, the Minister of Electricity and Renewable Energy Mohamed Shaker suggested at the fourth edition of the round table on the green hydrogen industry in Egypt, chaired by Egypt’s Prime Minister Mostafa Madbouly. The claim […] Read more
SaurEnergy Explains- From Coal to Clean: Past, Present, & Future of India’s Renewable Energy Updated On Wed, Aug 2nd, 2023 by Saurenergy India has come a long way from its fossil fuel-based economy to becoming the nation with the fourth-largest installed capacity of renewable energy in the world. Coal and oil have so far served as the bedrock of India’s industrial growth and modernisation, giving a rising number of Indian people access to modern energy services. This […] Read more
Hero Future Energies Signs MoUs for INR 6200 Cr to Develop Future RE Projects Updated On Tue, Jul 25th, 2023 by Saurenergy Hero Future Energies has signed two Memorandums of Understanding (MoUs) with REC Limited and PFC Limited for infusion of INR 31100 crores each in HFE over the next five years. The MoUs, were signed on the sidelines of 4th G20 Energy Transition Working Group (ETWG) meetings at Goa. A sum of Rs 6200 crores, gained […] Read more
As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise Updated On Mon, Jul 24th, 2023 by Saurenergy The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […] Read more
India Power Senior Engineer Updated On Fri, Jul 21st, 2023 by Saurenergy The role will be focused on delivering services in the renewable energy sector as either Owner’s Engineer or Independent Engineer which may include: feasibility studies, project design, project development services, technical due diligence, construction monitoring, acceptance testing, performance and operational services, as well as involvement in winning and delivering new projects across the globe. Responsibilities may include:- […] Read more
Five Ways Indian Railways Plans To Go Net-Zero By 2030 Updated On Thu, Jul 20th, 2023 by Saurenergy Indian Railways has one of the largest networks of rail lines in the world. In the last few decades, it successfully transformed from diesel to electric engines. The major source of transport and freight services in the country now is another fuel transition phase. Slowly, the Indian government entity is moving away from diesel […] Read more
Sterlite Power Scores New Orders Worth INR 1400 Crores Updated On Wed, Jul 12th, 2023 by Saurenergy Sterlite Power, a power transmission developer and solutions provider, has secured multiple new orders worth INR 1400 crores across its solutions business that caters to products and specialized EPC, during the last quarter of FY 2023. These new orders, which were won across domestic and international markets, have strengthened the firm’s total order book for […] Read more
