NTPC Green, Maharashtra Govt Collaborate To Develop 5 GW RE Projects Updated On Wed, Jan 31st, 2024 by Saurenergy NTPC Green Energy Limited (NGEL) recently announced the development of Green Hydrogen project and its derivatives (Green Ammonia, Green Methanol) with the Maharashtra government. The project is expected to generate up to 1 million ton capacity per annum. Some other projects that have been planned to develop include Pump Hydro Projects (PHP) of 2 GW […] Read more
“International Initiatives Such As CBAM And Carbon Trading Will Support RE Adoption”, Akshay Hiranandani, Serentica Renewables Updated On Mon, Jan 29th, 2024 by Saurenergy Has Serentica’s launch plan changed since its inception, or is it following the original plan to achieve the fastest renewable expansion? Can you provide the current status of the firm’s plans, including specific timelines for capacity additions? Serentica remains committed to industrial decarbonization and providing 24/7 green power for hard-to-abate industries. Our current focus centers […] Read more
REC Ltd, NIIFL collaborate on funding solutions for renewable energy, other infra projects Updated On Mon, Jan 29th, 2024 by Saurenergy REC Limited has signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Limited (NIIFL) to collaborate on a suite of funding solutions for “Renewable Energy Projects” as well as large-scale infrastructure projects in India. REC Ltd is a Maharatna CPSE and also a leading NBFC that comes under the ambit of […] Read more
JSW Group To Invest Rs 40,000 Crore In Odisha For EV Projects Updated On Tue, Jan 23rd, 2024 by Saurenergy Odisha government on Monday approved a special package pertaining to JSW’s projects related to electric vehicle and component manufacturing in Naraj, Cuttack and Paradip. Through these projects the JSW group will invest Rs 40,000 crore in the eastern state of Odisha. On the approval to JSW’s investment projects in the state, Odisha CM Naveen Patnaik […] Read more
Telangana Gets A Good Deal At Davos, Set To Install 1,500 MW PSP Updated On Thu, Jan 18th, 2024 by Saurenergy A slew of announcements was made by leaders around the world on the issue of boosting renewables on the sidelines of World Economic Forum, held in Davos, Switzerland recently. At the World Economic Forum (WEF) some key beneficiaries included companies like JSW and Adani solar announced their investment plans. Adani signed an MoU with Telangana […] Read more
US Announces $104mn Investment Plan For New Net-Zero Facilities Updated On Thu, Jan 18th, 2024 by Saurenergy The US Department of Energy (DOE) recently announced $104 million for energy conservation and clean energy projects at 31 Federal facilities. The latest step is part of President Biden’s strategy to re-establish the federal government as a sustainability leader. The funding announced by the President is part of the DOE’s Assisting Federal Facilities with Energy […] Read more
14 Trends That Drove Change In RE Within 2023: IEA Analysis Updated On Fri, Jan 12th, 2024 by Saurenergy The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […] Read more
Green Energy, EVs To Drive India’s GDP Growth, Estimates EY Report Updated On Tue, Jan 9th, 2024 by Saurenergy Ernest and Young (EY), in its latest report, said that the green energy industries and electric vehicles could prove to be triggering factors, driving India’s total GDP growth by 2047-48. The report states that this can also pave the way for India’s transition to a developed economy with a rise in the per capita income. The […] Read more
Torrent Power Invests Rs 47,000 cr In RE Distribution Within Gujarat Updated On Thu, Jan 4th, 2024 by Saurenergy Torrent Power has inked four agreements with the Gujarat government to invest around Rs. 47,350 crores in the renewable energy sector, Green Hydrogen, and in the electricity distribution business. Torrent Power, an integrated power utility, has diversified the Torrent Group investment with the signing of four non-binding Memorandum of Understanding (MoU) with the government of Gujarat […] Read more