Gensol Engineering Appoints Ankit Jain As Chief Financial Officer Updated On Mon, Oct 7th, 2024 by Saurenergy Renewable energy company Gensol Engineering Limited today announced the appointment of Ankit Jain as the Chief Financial Officer (CFO). Ankit will be succeeding Jabir Mahendi Aga, who is moving into an expanded leadership role within Gensol Group. Gensol Engineering is an EPC company in the renewable sector with electric mobility portfolio too. Ankit brings over […] Read more
India’s Clean Tech Capacity To Rise Significantly By 2030: S&P Report Updated On Mon, Oct 7th, 2024 by Saurenergy According to Clean Energy Technology research team at S&P Global Commodity Insights, India has introduced various initiatives to enhance domestic manufacturing, aiming to minimize reliance on imported goods and bolster local manufacturing. With these supportive strategies, India’s clean energy technology capacity is projected to rise significantly by 2030, aiming for full self-sufficiency in solar PV […] Read more
Rayzon, Cliantech Sign Up For 5GW Capacity Expansion At REI Updated On Mon, Oct 7th, 2024 by Saurenergy Surat-based Rayzon Solar has signaled its commitment to its already string momentum will continue as it signed a major agreement with Cliantech Solutions to launch a 5 GW solar production line. The signing was done at the REI Expo in Noida. The Chirag Nakrani and Hardik Kothiya founded firm has been in the limelight for […] Read more
Top 5: Battery Energy Storage Projects Commissioned in India Updated On Mon, Oct 7th, 2024 by Saurenergy Battery energy storage systems (BESS) have solved a key challenge for renewable energy, addressing the fluctuating nature of sources like solar and wind. Globally, new solar and wind projects are now integrating modern energy storage systems to ensure a reliable energy supply. Countries like China, the US, and Australia are rapidly expanding their energy storage […] Read more
India’s First Second Life Battery UPS In Pune Takes Shape Via MG Motor, Vision Mechatronics Updated On Mon, Oct 7th, 2024 by Saurenergy JSW MG Motor India, the JV between the JSW group and China’s SAIC Motors that has strong portfolio of EVs for India has made a strong sustainability push for the batteries powering its EVs. And with good reason, considering how these sturdy batteries can increasingly be expected to outlast the vehicles they are designed for. […] Read more
GAIL and AMG enter into a 2.5 GW RE Agreement Updated On Mon, Oct 7th, 2024 by Saurenergy GAIL (India) Ltd and AM Green (AMG) signed a Memorandum of Understanding (MoU) for the development of up to 2.5 GW of solar-wind hybrid renewable energy projects across India. The deal would also involve a study on the utilization of around 350 kta (kilotons per annum) of CO2 generated by GAIL at its gas processing […] Read more
REC Steps Up On Green Financing With 37.3% Growth In Renewable Energy Funding Updated On Mon, Oct 7th, 2024 by Saurenergy REC Limited, a maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth ₹90,955 crore, up 20.10% year-on-year for the half year ended September 30, 2024. The quantum of renewable energy loans grew 92.68% year-on-year to ₹11,297 crore. Notably, the firm raised the largest ever tranche of green binds from […] Read more
IEX September Update- Green Market Grows 214% Growth Updated On Mon, Oct 7th, 2024 by Saurenergy The Indian Energy Exchange, India’s pre-eminent electricity exchange, achieved total monthly volume (including certificates) of 11,370 MU in September’24, marking a 24% year on year increase. The electricity volume (including green electricity volume) during the month at 10,332 MU, increased 21% YoY. The renewable energy certificates (REC) at 1,031MU, increased 100% YoY. At Rs 110 […] Read more
Origin Cancels Hunter Valley Hydrogen Project Citing Slow Growth Updated On Fri, Oct 4th, 2024 by Saurenergy Origin Energy, one of Australia’s leading utilities, has announced its decision to abandon the AUD 207.6 million Hunter Valley Hydrogen Hub project, citing slow market development and significant financial and technological risks. The project, a joint venture with fertiliser manufacturer Orica, was poised to be one of the nation’s most advanced hydrogen developments and was […] Read more
