Serentica Renewables Secures $250 Million From KKR Updated On Mon, May 1st, 2023 by Saurenergy Sterlite Power backed Gurugram based Serentica Renewables has announced that the company has secured $250 million in a second round of funding from KKR, a global investment company. Serentica Renewables is a decarbonisation platform for the commercial and industrial (C&I) sector, focusing especially on energy intensive consumers like metals and mining. Starting with it’s own […] Read more
ReNew, Hero, Amp & ACME Get SECI’s 1200 MW ISTS-Connected Hybrid Project Awards Updated On Thu, Apr 27th, 2023 by Saurenergy The Solar Energy Corporation of India Limited (SECI), in its latest notification, awarded the contracts for developing a 1200 Megawatt (MW) of Inter-State Transmission System (ISTS)-Connected Solar-Wind Hybrid Project (Tranche-VI) to four bidders for their least bid tariffs. The final developers selected after an e-reverse auction held on April 12 included-Amp Energy Green Private Ltd, ReNew […] Read more
Anirban Das to Step into Chief Investment Officer Role at Vibrant Energy Updated On Thu, Apr 27th, 2023 by Saurenergy Vibrant Energy, a green energy solution provider to commercial and industrial customers, has announced the appointment of Anirban Das as the Chief Investment Officer (CIO) of the firm. In this role, Anirban will work closely with Srinivasan Viswanathan, CEO, leading all fund raising and investment activities across the capital stack for Vibrant, the company said […] Read more
Himachal Govt & Oil India Join Hands to Develop New & Renewable Energy Sources Updated On Thu, Apr 27th, 2023 by Saurenergy The government of Himachal Pradesh and Oil India Ltd have entered into a partnership for the development of a framework for cooperation in harnessing new and renewable energy sources (NRES) in Himachal Pradesh. The MoU between the state government and OIL was signed in the presence of Sukhvinder Singh Sukhu, the Chief Minister of Himachal […] Read more
ITI Ltd Installs 1 MW Solar Facility At Palakkad Plant Updated On Thu, Apr 27th, 2023 by Saurenergy Central public sector undertaking and multi-technology player ITI Ltd has announced that it has commissioned a 1-MW solar power plant at its ITI Palakkad Plant. The solar power project is grid-connected, said ITI Ltd. Rajesh Rai, Chairman and Managing Director (CMD) of ITI Limited, Nagraj K.V., General Manager & Unit Head and Prince R V, […] Read more
PASH Global, ERIH Holdings Form JV For 5-GW Green Hydrogen In Europe Updated On Wed, Apr 26th, 2023 by Saurenergy International developer of clean power projects PASH Global has announced that it has collaborated with ERIH Holdings for the creation of a 50-50 joint venture (JV) to develop and invest in green hydrogen and ammonia projects totalling 5 GW of electrolyser capacity. The project will be powered by 10 GW of renewable energy generation capacity […] Read more
Avaada Group Formally Confirms Raising US $1 Bn Funding for Augmenting Renwables from Brookfield Updated On Wed, Apr 26th, 2023 by Saurenergy Avaada Group has formally announced that it has raised US $ 1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing US$ 1.3bn fund raise plan. Brookfield Renewable, through its Brookfield Global Transition Fund (BGTF) will be investing up to US $ 1 billion in Avaada […] Read more
Why Is The Building Sector Shunning Glasses & Adopting Solar? Know The Benefits Updated On Wed, Apr 26th, 2023 by Saurenergy Several industrial high-rise buildings in the last decade have undergone a construction-related transition. Against the earlier popular and conventional practice of using concrete surfaces, many modern buildings now flaunt flashing glass shields. Not only did the new practice help in making those buildings more eye-catching, but it also aided in increasing the energy efficiency […] Read more
MNRE Outlines Calendar For 50 GW RE Tenders Updated On Wed, Apr 26th, 2023 by Saurenergy In a measure of intent that is as strong as it can get, the MNRE (Ministry of New and Renewable Energy) has published a full calendar for the financial year FY23-24, outlining the bidding targets for the 4 key central implementing agencies. These include SECI, NTPC, NHPC and SJVN. Adding up to the announced target […] Read more
