West Bengal Can Save Rs 62,000cr By Roping In Renewables: Report Updated On Tue, Mar 12th, 2024 by Saurenergy A report by think tank Climate Risk Horizons (CRH) suggests that West Bengal can save thousands of crores in the coming decade by moving away from coal and towards clean energy. The savings accrue through a combination of measures such as the retirement of older, more expensive coal power plants; diverting investment planned for new […] Read more
CIL, RRVUNL Sign MoU for 4100 MW Power In Rajasthan Updated On Tue, Mar 12th, 2024 by Saurenergy Coal India Limited (CIL) signed a Memorandum of Understanding (MoU) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) for the exploration and execution of 4,100 MW capacity power projects on March 10. The proposed electricity generation by CIL would be through a mix of coal-fired thermal power plants, solar projects, pump storage plants and wind […] Read more
NLC Inks Deal With Rajasthan Govt For 1125 MW Power Projects Updated On Mon, Mar 11th, 2024 by Saurenergy On Sunday, NLC India Ltd and the Rajasthan government signed an agreement to form a joint venture for setting up two power projects totaling 1125 megawatts worth Rs 7,000 crore investment, reported news agency PTI. According to the report, 125 megawatt (MW) will be a lignite-based power plant another project will be a 1000 MW […] Read more
BrightNight, ACEN Announce US $1.2B Capital Partnership In Philippines Updated On Mon, Mar 11th, 2024 by Saurenergy BrightNight, a global renewable power producer and a clean and dispatchable solutions provider, announced its partnership with ACEN Corporation (ACEN), the leading Phillippines based industrial and energy group. This partnership was undertaken to advance the development, construction, and operation of Bright Night’s initial 1.0 GW renewable power portfolio in the Philippines. Through this newly formed […] Read more
IPO Bound-GP Eco Solutions Files Papers For NSE Emerge Updated On Sat, Mar 9th, 2024 by Saurenergy Noida-based Solar Solutions and storage firm GP Eco Solutions is on the IPO Trail, having filed preliminary papers for a listing at NSE Emerge. NSE Emerge is a platform from the NSE that has been created for small and medium enterprises to seek a wider pool of investors, without an IPO if need be. The […] Read more
EV Tire-Wear Emissions 1,850 Times More Than Particulate Emissions By Petrol, Diesel Cars, Finds Study Updated On Thu, Mar 7th, 2024 by Saurenergy Electric Vehicles (EV) are causing pollution through tire-wear emissions which are 1,850 times more than particulate mass emissions caused by petrol and diesel-powered vehicles, an analysis by Emission Analytics found in its report. The added weight of these vehicles might lead to tire wear emissions that might confound the ‘zero emissions’ tag. The study was […] Read more
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
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