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
Jindal Stainless Plans Rs 700 Crore Investment In Renewable Projects: Report Updated On Tue, Mar 5th, 2024 by Saurenergy Stainless steel company Jindal Stainless Ltd (JSL) will invest Rs 700 crore over the course of the next three years regarding renewable energy projects. According to media reports, this will be done to reduce its carbon footprint, including the embedded emissions across its offerings. Media reports quoting Abhyuday Jindal, Managing Director, JSL, stated that investments […] Read more
Finolex, Hinduja Sign PPA For 8.36 MW Power For 25 Years Updated On Mon, Mar 4th, 2024 by Saurenergy Finolex Industries Limited (FIL) a PVC pipes manufacturing company in India entered into a share purchase agreement for 8.36 MW renewable energy with Mumbai-based Hinduja Renewables (HREPL) and Hinduja Renewables Energy Private Limited (HROPL). This agreement was undertaken between power project developers engaged in the development, construction, operation, and maintenance of renewable energy-based power plants […] 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
Tata Group’s Agratas To Build 40 GWh EV Battery Factory In UK Updated On Wed, Feb 28th, 2024 by Saurenergy Agratas, Tata Group’s global battery business, today announced that a battery manufacturing facility will be built by the company in the United Kingdom. In this regard, it announced the location of the facility that will be built in Gravity Smart Campus near Bridgwater, Somerset. According to the company, the facility will have a capacity of […] Read more
World Bank And Japan Sign RISE Pact to Boost Clean Energy Investments Updated On Wed, Feb 28th, 2024 by Saurenergy World Bank and Japan have signed an administration arrangement outlining the terms and conditions to implement the Resilient and Inclusive Supply-chain Enhancement (RISE) Partnership, which was officially launched in October 2023. The agreement was signed between the World Bank Vice President for Infrastructure, Mr. Guangzhe Chen, and the Executive Director for Japan at the World […] Read more
Conference on Distributed Renewable Energy for Sustainable Development Updated On Wed, Feb 28th, 2024 by Saurenergy Power Foundation of India organized a conference on “Distributed Renewable Energy for Sustainable Development” in New Delhi, on 27th February 2024. The Conference was organized in collaboration with Climate Policy Initiative. The Conference brought together key stakeholders from the Government, Private and Public sectors, and policy think tanks. Notable participants included Bhupinder Singh Bhalla, Secretary, […] Read more
MNRE Releases New Insurance Product List Covered Under IRDAI Updated On Tue, Feb 27th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently released a list of products that are covered by the IRDAI (Insurance Regulatory and Development Authority of India). The MNRE list covered details of various products that they offered and covered details of risks associated with solar power plants for information to the stakeholders. The list […] Read more