Adani Announces Three Gigafactories as Part of $70 Billion Investment Updated On Thu, Sep 8th, 2022 by Saurenergy The Chairman and Founder of Adani Group, Gautam Adani has said that his company, Adani Group, will be investing in the construction of three giga-factories that will manufacture key equipment required for the expansion of renewable energy. The three gigafactories will be part of the $ 70 billion investment by the group in clean and […] Read more
France’s CMA CGM Creates Special Fund for Shipping Decarbonisation Updated On Wed, Sep 7th, 2022 by Saurenergy French shipping conglomerate CMA CGM Group is creating a Special Fund for Energies which is backed by a five-year $1.5 billion budget to accelerate its energy transition and achieve net-zero carbon by 2050. The official statement of CMA CGM revealed that the special fund will invest to support the industrial production of new fuels, as […] Read more
Start-Up Jungle Raises €5 Million to Deploy AI Technology in RE Sector Updated On Wed, Sep 7th, 2022 by Saurenergy Dutch artificial intelligence start-up Jungle has announced that it has closed a €5 million Series A funding round led by SHIFT Invest- Dutch venture capital fund complemented by Rocks International Group, EDP Ventures, Gorilla Growth Capital and Future Energy Ventures. Jungle said that the funding will allow it to speed up the deployment of its […] Read more
KPI Green Energy’s 16.10 MW Hybrid Power Project to Come Up in Gujarat Updated On Wed, Sep 7th, 2022 by Saurenergy Under the 2018 Gujarat Wind-Solar Hybrid Power Policy, KPI Green Energy- a leading solar energy company in Surat, is installing green hybrid capabilities at Bhavnagar totaling 16.10 MW. According to the firm, this 16.10 MW hybrid power project will include solar energy project (10 MWdc) and wind energy project (6.10 MW ) capacity that will be […] Read more
S&P Global Launches REC Price Assessments for Brazil-India Turkey Updated On Wed, Sep 7th, 2022 by Saurenergy S&P Global Commodity Insights has announced an independent suite of price assessments for International Renewable Energy Certificates (I-RECs) in Brazil, India, and Turkey. The key objective behind the I-RECs is to provide market participants and energy consumers a higher level of transparency in the global market for valuing renewable-origin power generation. I-RECs certificates are a […] Read more
The Top List. Key Foreign Investors in Indian Renewable Sector Updated On Mon, Sep 5th, 2022 by Saurenergy Investors are moving to the renewable energy markets across the globe. Some of the largest foreign investors are finding it ideal to pour their investments into the Indian renewable sector. India promises highly favourable weather conditions and a willingness to rapidly develop the clean energy industry. In fact, it is one of the top destinations […] Read more
Hindustan Zinc to Take 26% Stake in Group Firm Serentica Renewables for Rs 350 Crore Updated On Mon, Sep 5th, 2022 by Saurenergy Hindustan Zinc has revealed in a regulatory filing before the Bombay Stock Exchange (BSE) that it has signed a power delivery agreement with Serentica Renewables India 4 Pvt Ltd for the delivery of renewable power to the company on a long-term basis. Hindustan Zinc is a Vedanta group company. Serentica Renewables is a special purpose […] Read more
Tata Power Delhi Distribution Invites RFS for 255 MW of Hybrid Projects Updated On Fri, Sep 2nd, 2022 by Saurenergy Tata Power Delhi Distribution (TPDDL) has invited a request for selection (RfS) for the setting up of 255 MW wind-solar hybrid power projects with a greenshoe option for an additional 255 MW across India. The projects will be developed using a build-own-operate model. Out of the total 255 MW project capacity, Tata Power-DDL needs 85 […] Read more
France Alters Rules to Expedite 6 GW Renewable Projects Already Awarded Updated On Thu, Sep 1st, 2022 by Saurenergy The electricity market regulator of France – CRE (Commission de régulation de l’énergie) – has published new rules that will allow renewable energy projects whose tender has already been awarded to be commissioned and come online earlier than their planned timelines. This will allow them to take advantage of high electricity prices. Many of the […] Read more
