Centre Extends FAME-II Scheme For EVs: Report Updated On Thu, Mar 7th, 2024 by Saurenergy The Centre has decided to extend the FAME-II scheme (Faster Adoption and Manufacturing Electric Vehicles) for EV manufacturing and to boost faster adoption of EVs in the country. Earlier, the scheme was slated to end by March 31, 2024. According to media reports, the government has extended the scheme not to let any disruption affect […] Read more
LONGi, Ferroglobe Enters Long-Term Silicon Supply Agreement Updated On Wed, Mar 6th, 2024 by Saurenergy China-based solar technology company LONGi, and Ferroglobe PLC, a UK-based silicon metal and ferroalloys, producer recently entered into a long-term supply agreement. Under the terms of the agreement, Ferroglobe is expected to supply high-quality quartzite and metallurgical grade silicon (MGS) to LONGi to support its strategy to increase purchases from the leading western suppliers of […] Read more
CERC Order Paves Way For Bundling RE With Thermal For DVC Updated On Wed, Mar 6th, 2024 by Saurenergy In an important order dated March 5 that paves the way for the signing of PPAs between Damodar Valley Corporation (DVC) on one side and ReNew Power and Avaada Energy for 500 MW of solar procurement, the Central Electricity Regulatory Commission (CERC) adopted the discovered tariffs proposed by DVC. The tariffs are notable for being […] Read more
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
PM Modi Laid Foundation Stone Of Seven SJVN Projects Updated On Tue, Mar 5th, 2024 by Saurenergy Prime Minister Narendra Modi virtually dedicated four power stations of SJVN to the nation. These projects included the 60 MW Naitwar Mori hydropower station project in Uttarakhand, 75 MW Parasan solar power station, 75 MW Gurhah solar power station, and 50 MW Gujrai solar power station in Uttar Pradesh in Adilabad, Telangana. The Prime Minister […] Read more
Adani Electricity Invites Bids For 600 MW Wind Project Across India Updated On Mon, Mar 4th, 2024 by Saurenergy Adani Electricity Mumbai recently issued a tender regarding 600 MW of power from grid-connected wind projects. The tender pertains to inviting project developers from across India and these projects can be established anywhere in India. The selected developers are required to establish wind power projects on a build own operate (BOO) basis, stated the release […] Read more
Servotech Secures Order for 1400 Fast EV Chargers from IOCL Updated On Fri, Mar 1st, 2024 by Saurenergy EV chargers manufacturer Servotech Power Systems Ltd. announced it has bagged an order of 1400 DC fast EV chargers from Indian Oil Corporation Limited (IOCL) and other EV charger OEMs. The total order is valued at Rs 111 crores and involves two charger variants of 60 kW and 120 kW, according to a press release […] 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
Yara, ACME Sign A Binding Agreement To Supply Green Ammonia Updated On Fri, Mar 1st, 2024 by Saurenergy Yara, a Norwegian crop nutrition company engaged in ammonia trade and shipping, signed a firm and binding agreement for the supply of ammonia with GHC SAOC, a wholly-owned subsidiary of Acme Cleantech. They signed a firm and binding agreement for the supply of ammonia to reduce CO2 emissions from Acme to Yara on a long-term […] Read more
