UK-Based Hive Energy Acquires 272 MW Polish Project Updated On Tue, Mar 5th, 2024 by Saurenergy UK-headquartered renewable energy developer Hive Energy, has completed the acquisition of four early-stage solar projects from Polish developer, T&T Proenergy. The projects totaling 272MW from Polish developer T&T Proenergy. The projects will be co-developed to Ready to Build status. The companies have an ongoing development agreement for a portfolio of photovoltaic projects with a minimum […] Read more
GRSE Inks Green Deal With IRS To Use Green Energy To Build Vessels Updated On Tue, Mar 5th, 2024 by Saurenergy Garden Reach Shipbuilders & Engineers Ltd. (GRSE) a warship building company in India, and the Indian Register of Shipping (IRS) signed a Memorandum of Understanding (MoU) on the development of green energy and autonomous vessels. IRS under the administrative control of the Ministry of Defence and GRSE reaffirmed its commitment to innovation, new technology adoption, […] 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
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
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
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
Energy Tech Platform Urja Sathi Raises Seed Funding Of Rs 35 lacs Updated On Tue, Mar 5th, 2024 by Saurenergy Lucknow-based Urja Sathi, a sustainable energy-tech platform for buying and selling renewable energy solutions in India, has raised seed funding of INR 3.5 Million from entrepreneurs-cum-investors Ankitt Jain and Sharlee Jain. This marks Urja Sathi’s maiden fundraising round; prior to this, the startup had remained bootstrapped since its inception in 2023. Urja Sathi claims to have launched India’s […] Read more
NGEL In JV Agreement For RE Power Parks Development In Uttar Pradesh Updated On Tue, Mar 5th, 2024 by Saurenergy NGEL (NTPC Green Energy Ltd) has signed a joint venture (JV) agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) for development of renewable power parks in the state. The JV was signed on 4th March 2024 at UPRVUNL’s office at Lucknow for development of Renewable Power Parks and Projects in Uttar Pradesh. The […] Read more
Union Minister Inaugurates 1st Green Hydrogen Plant By Jindal In Hisar Updated On Mon, Mar 4th, 2024 by Saurenergy Union Minister for Steel and Civil Aviation, Jyotiraditya M. Scindia, today virtually inaugurated India’s 1st green hydrogen plant in the stainless steel sector located at Jindal Stainless Limited in Haryana’s Hisar. The inauguration witnessed the presence of the Secretary, of the Ministry of Steel Nagendra Nath Sinha, Managing Director (Jindal Stainless Limited), Abhyuday Jindal, Founder, […] Read more
