AGEL gets shareholders’ approval for Rs 3,850 cr invt by Abu-Dhabi firm Updated On Wed, May 4th, 2022 by Saurenergy Adani Green Energy Ltd (AGEL) has received the approval of shareholders for the issuance of over two crore shares worth around Rs 3,850 crore on a preferential basis to Green Energy Investment Holding RSC Ltd. The current principal shareholder of Green Energy Investment Holding RSC Ltd is Abu Dhabi-based IHC Capital Holding LLC. At the […] Read more
Vedanta Aluminium will source 380 MW green power to achieve Net Zero by 2050 Updated On Wed, May 4th, 2022 by Saurenergy Vedanta Aluminium, one of India’s largest producers of aluminium, has confirmed plans to source 380 MW of green power on a long-term basis for its smelters. Charting its roadmap to Net Zero by 2050, the green power is going to reduce the company’s greenhouse gas emissions by 15,00,000 tonnes CO2 equivalent every year. Released by […] Read more
Azure Power commissions 90 MW solar project in Assam Updated On Wed, May 4th, 2022 by Saurenergy Renewable energy major Azure Power has announced that it has successfully commissioned its 90 MW solar power project in Assam, the largest in the state. The 90 MW of solar capacity is spread across four districts in Assam – Udalguri, Kamrup, Nagaon, and Cachar. Azure Power said that the solar power project was commissioned in […] Read more
US Federal Government to spend $3 billion to boost electric vehicles and battery production in USA Updated On Wed, May 4th, 2022 by Saurenergy The administration of the US President Joe Biden has announced that a $3.1 billion plan will be formulated to give a fillip to the manufacturing of domestic electric vehicles batteries to expedite the transition of the USA from gas powered vehicles to electric vehicles. The per capita greenhouse gases’ emission in the USA is the […] Read more
Canadian Govt funds project to enhance manufacturing of electric vehicles Updated On Wed, May 4th, 2022 by Saurenergy Prime Minister of Canada, Justin Trudeau has announced that the Canadian Federal Government will investment in project funding for Stellantis – one the leading automakers in Canada – to help the company modernize its assembly plants and heighten the production of electric vehicles in Canada. A press statement emanating from the office of the Prime […] Read more
Aerones Raises $9 Million to Inspect Wind Turbines With Robots Updated On Tue, May 3rd, 2022 by Saurenergy Robot company Aerones – that manufactures robots to serve wind turbines – has announced an important milestone in its history whereby it has raised $9 million in seed funding to further accelerate global scaling of robotic wind turbine maintenance and inspection. The official statement has informed that the round was led by Future Positive Capital, […] Read more
Ayana, Greenstat to Jointly Develop Green Hydrogen Projects in India Updated On Tue, May 3rd, 2022 by Saurenergy Ayana Renewable Power (Ayana) and Greenstat Hydrogen India have entered into a Joint Development Agreement (JDA) for the development of green hydrogen projects in India. Green Hydrogen is powered by renewable energy in the electrolysis process. Ayana Renewable Power is backed by National Investment and Infrastructure Fund (NIIF) and Greenstat Hydrogen India is a subsidiary […] Read more
After Solar, Volatility Impacts Wind Manufacturers, Projects Affected in India Too Updated On Mon, May 2nd, 2022 by Saurenergy Rising demand and orders have failed to convert to profits for many wind energy manufacturing firms. Wind power heavyweights Vestas Wind Systems A/S, General Electric Co. and Siemens Gamesa Renewable Energy SA are all reeling from high raw material and logistics costs, changes in key clean-power subsidies, years of pressure on turbine prices and an […] Read more
NTPC invites proposals to produce torrefied biomass pellets from Startups Updated On Mon, May 2nd, 2022 by Saurenergy NTPC has invited proposals to provide a unique platform for the Indian startups that could help develop a biomass ecosystem in the country. The platform will be put in a shape by NETRA, the R&D wing of NTPC, for production of the torrefied biomass pellets that are well-suited for decentralized small-scale users. The last date […] Read more
