Adani Green Secures USD 400 Mn For 750 MW Power Projects Updated On Fri, May 3rd, 2024 by Saurenergy Adani Green Energy Ltd (AGEL) has announced USD 400 million in financing for its under-construction projects. Through this financing, the company extends support to its under-construction 750 MW solar projects in Rajasthan and Gujarat by a consortium of five leading international banks. The consortium of lenders is financing Adani’s projects that are expected to come online from […] Read more
Climate Finance Still A Challenge For Developing Countries Amid RE Push Updated On Thu, May 2nd, 2024 by Saurenergy Amid fears of worsening impacts of climate change and the push towards renewable energy, financing for the transition to greener energy sources remains the pivotal issue. A report by the World Bank that focused on developing countries emphasised that energy transition there will require ‘unprecedented transformation of the power sector infrastructure’. Along with that, it […] Read more
Australia’s First Offshore Wind Farm A Step Closer Updated On Thu, May 2nd, 2024 by Saurenergy Australia, which has seen a massive ramp up in its solar capacity, is finally making a move to add offshore wind to its renewables portfolio as well, with plans for the first offshore wind farms reaching feasibility stage with the handout of licenses to prospective project studies. With no nuclear plant in the country, Australia […] Read more
EPC O&M – Satara (MH) Cluster Updated On Wed, May 1st, 2024 by Saurenergy Supervision of O&M activities conducted by the engineers and technicians of the subcontractor at the sites. Coordination of all activities with district level DISCOM officials at Maharashtra. Coordinate with O&M subcontractor to ensure that the sites are fully functional and energy guarantees are maintained. Conduct surprise visits to the selected sites to check efficacy of […] Read more
India’s Aluminium Industry Needs USD 29 Bn CAPEX To Go Net-Zero: CEEW Updated On Wed, May 1st, 2024 by Saurenergy The Indian aluminum industry requires an additional capital expenditure (CAPEX) of nearly Rs 2.2 lakh crore (USD 29 billion) to achieve net zero carbon emissions, according to Council on Energy, Environment and Water (CEEW) study. CEEW in its recent report found that renewable energy (RE) power sources could abate 49 percent of the total emissions […] Read more
NTPC Plans To Use Solar For Crematorium On A Pilot Basis Updated On Tue, Apr 30th, 2024 by Saurenergy NTPC is now planning to setup a crematorium that can use solar thermal technology. The Central Public Sector Enterprise (CPSE) has planned to take up this unique project on a pilot basis. The government entity had also issued a tender last month in this regard seeking developers. NTPC said that the traditional ritual of cremation […] Read more
Growatt Puts Spotlight On Solar Plus Energy Storage For Myanmar Updated On Tue, Apr 30th, 2024 by Saurenergy Leading inverter maker Growatt hosted an event in Myanmar recently centered on solar energy storage. With a comprehensive showcase of Growatt’s latest advancements across residential and commercial sectors , Growatt emphasized its tailored solar solutions for Myanmar. However, with abundant solar resources, Myanmar has been actively embracing solar energy solutions to tackle the challenges and […] Read more
EMobility Firm BluSmart Crosses Rs 500 Crore In Annual Run Rate Updated On Tue, Apr 30th, 2024 by Saurenergy EMobility ride-hailing service BluSmart has announced that it has crossed the Annual Run Rate (ARR) of Rs 500 Crore ($60 Million) achieving 102% growth over the previous year. BluSmart’s gross business value (GBV) witnessed phenomenal growth, delivering a CAGR of 300% over the last three years, and is well poised for continued growth. The growth […] Read more
Neoen To Build Stage 2 of 341MW/1363 MWh Collie Battery In Australia Updated On Mon, Apr 29th, 2024 by Saurenergy French Renewable Energy company Neoen has been awarded a 300 MW/ 4-hour capacity services contract by the Australian Energy Market Operator (AEMO) in a competitive tender initiated by the Western Australian Coordinator of Energy. The service will be delivered by Stage 2 of Collie Battery sized at 341 MW / 1,363 MWh and consisting of […] Read more