ReNew Power Is Now ReNew, As Firm Seeks A Bigger Canvas Updated On Mon, Feb 13th, 2023 by Saurenergy NASDAQ listed Renew Power has a new name, logo and domain now. The firm has made a serious statement of intent with a shift to the more generic ReNew along with the matching domain, at ReNew.com. The changes are being accompanied with the firm’s transition from being just an energy player to a firm seeking […] Read more
Israel’s Enlight Renewable Energy Raises $252 Million from Nasdaq IPO Updated On Mon, Feb 13th, 2023 by Saurenergy Enlight Renewable Energy has now become the first company from Israel that has completed an initial public offering (IPO) on Wall Street in 2023. Enlight is a global renewable energy platform and has raised $252 million from the IPO. Enlight Renewable Energy announced the pricing of its initial public offering of 14,000,000 ordinary shares at […] Read more
CERC Grants Extension of Time for Drawal of Start-Up Power to NTPC Updated On Mon, Feb 13th, 2023 by Saurenergy The CERC has given its green signal to a petition filed by NTPC seeking permission to allow drawal of start-up power for Unit-I (800 MW) of Telangana Ph-I (2X800 MW) from the grid beyond the period of fifteen months (after 15.2.2023). NTPC shared that the Telangana (steam-based thermal power station) STPS consists of two units […] Read more
Redwood Materials Gets $2 Billion Federal Funds For EV Battery Materials Plant Updated On Mon, Feb 13th, 2023 by Saurenergy The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) has announced a loan of $2 billion to Redwood Materials for the construction and expansion of a battery materials campus in Nevada. This is to support the growing EV market in America. DOE said that the Redwood Materials project will be the first facility in […] Read more
HPCL Requests EoI For Acquiring Green Energy Assets with Minimum 50 MW Capacity Updated On Mon, Feb 13th, 2023 by Saurenergy State owned Hindustan Petroleum Corporation Limited (HPCL) is exploring acquisition opportunities in Renewable Energy – Solar / Wind and Hybrid assets with or without storage with expected asset Capacity of minimum 50 MW. The PSU is aiming to augment its renewable business through the intended acquisition. As per the notification, in case a seller is […] Read more
CIP Will Invest EUR 8 Billion In Offshore Wind Project In Portugal Updated On Mon, Feb 13th, 2023 by Saurenergy The Copenhagen Infrastructure Partners (CIP) has said it looks to invest EUR 8 billion in a mega offshore wind energy project in Portugal. According to reports, a spokesperson from the Denmark-based fund management firm CIP held that it will go for multi-billion investment in the Nortada offshore wind energy project. The wind project will be […] Read more
Renewable Energy M&A Deals at $30.7bn in Q3 2022; India Leads with 72% Onshore Wind Deals Updated On Mon, Feb 13th, 2023 by Saurenergy Renewable energy-related mergers and acquisition (M&A) deal value in Asia Pacific saw an increase by 11% year-on-year in 2022, thereby rising to $19 billion. Increase in onshore wind is a major contributor to this factor. As per Enerdatics, a research company, India and Australia were at the forefront of the M&A activity. This is primarily […] Read more
In Double Delight For RE Developers, R.K. Singh Confirms ALMM Exemption, CERC Relaxes DSM Conditions Updated On Sun, Feb 12th, 2023 by Saurenergy The Union Cabinet Minister and the Minister of Power and New & Renewable Energy, R.K. Singh has confirmed that a 2 year exemption for buying exclusively from ALMM (Approved List of Module Manufacturers) will be coming for large renewable energy projects. Speaking at a conference, Singh, while taking credit for introducing the idea of expanding […] Read more
Tata Motors Ends Introductory Pricing For Tiago EV, New Price List Out Updated On Fri, Feb 10th, 2023 by Saurenergy India’s leading EV maker and seller Tata Motors has announced the new price of the Tiago.ev and brings the launch pricing offered to its first 20,000 customers to an end. According to the official release by Tata Motors, Tiago.ev now starts at Rs 8.69 Lakh (All India – Ex-showroom price). It said that this price […] Read more
