Indian RE Sector Can Attract Rs 30L-crore Investment Between 2024-2030: Report Updated On Mon, Jul 22nd, 2024 by Saurenergy Power transmission in India is emerging as one of the largest unified electricity grids in the world, states the Economic Survey 2023-24. The Indian transmission system has expanded to 4,85,544 circuit kilometers of transmission lines and 12,51,080 mega volt amp (MVA) of transformation capacity, until 31 March 2024, stated the survey notes. The survey was […] Read more
What The Renewable Industry Expects From Union Budget? Updated On Fri, Jul 19th, 2024 by Saurenergy Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […] Read more
Schneider Electric Gets $3.75M For Electric Stove Outreach Updated On Thu, Jul 4th, 2024 by Saurenergy Schneider Electric Energy Access Asia (SEEAA), an impact fund managed by Schneider Electric, an energy management and automation company, along with Spark+ Africa Fund closes US$3.75M Series A in ATEC to support global expansion across Asian and African markets for its market-leading IoT electric stoves. Other institutional investors in the round include DRW, Save the Children […] Read more
AM Green, SJVN Collaborate To Supply Green Energy To Ammonia Facilities Updated On Tue, Jul 2nd, 2024 by Saurenergy AM Green and SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN, have entered into a Memorandum of Understanding (MoU) for a long-term agreement to supply and source renewable energy. Under the agreement signed on 26th June 2024 in New Delhi, SJVN Green Energy Limited (SGEL) will supply 4,500 MW of carbon-free energy […] Read more
Serentica Invites Worldwide EoI for 800 MWh Standalone Battery Energy Storage Updated On Thu, Jun 27th, 2024 by Saurenergy Serentica Renewables has invited expressions of interest (EoI) to set up interstate transmission system-connected Battery Energy Storage Systems (BESS) to supply 800 MWh of battery capacity to Serentica’s round-the-clock green energy projects. Serentica is seeking technical partners worldwide to supply state-of-the-art Battery Energy Storage Systems capable of delivering reliable energy storage. The projects will comprise […] Read more
GMDC, GUVNL Sign Energy Security Pact In Gujarat Updated On Wed, Jun 26th, 2024 by Saurenergy GUVNL and GMDC have collaborated for Development of the coal-based & Lignite power stations for Energy Security for Gujarat. This partnership underscores a collective dedication to bolster energy security through sustainable coal & lignite utilisation. Kanubhai Desai, Gujarat Minister of Finance, Energy & Petrochemical, said, “The signing of this MOU marks a historic milestone as […] Read more
Clean Energy Investment Double The Fossil Fuel Amount This Year: IEA Updated On Fri, Jun 21st, 2024 by Saurenergy Global spending on clean energy technologies and infrastructure is on track to hit $2 trillion in 2024 even as higher financing costs hinder new projects, notably in emerging and developing economies, according to a report by the International Energy Agency (IEA). Despite pressures on financing, global investment in clean energy is set to reach almost […] Read more
JSW MG Motor India Partner Ecofy For EV Financing Updated On Thu, Jun 20th, 2024 by Saurenergy JSW MG Motor India have announced that it partnered with Eversource Capital-backed NBFC Ecofy to provide financing and leasing solutions for its electric vehicles. According to a release, the two businesses have inked a Memorandum of Understanding (MoU) under which Ecofy will offer leasing and financing options for up to 10,000 JSW MG EVs over […] Read more
Radiance Renewables & PIDG Form JV For RE Growth In India Updated On Tue, Jun 11th, 2024 by Saurenergy Radiance Renewables and the Private Infrastructure Development Group (PIDG) company, InfraCo Asia, announced a joint venture (JV) – Radiance InfraCo Renewables Private Limited. The JV will develop a portfolio of greenfield renewable energy projects for C&I clients in India, enabling them to reduce carbon emissions in their supply chain and operations to meet their sustainability […] Read more
