IREDA Signs MoU with IOB For Co-lending For Renewable Energy Projects Updated On Thu, Jan 18th, 2024 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA), a non-banking financial institution under the Ministry of New and Renewable Energy (MNRE), has signed a Memorandum of Understanding (MoU) with Indian Overseas Bank (IOB) pertaining to co-lending and loan syndication for a diverse spectrum of renewable energy projects across the country. The MoU includes provisions for co-lending […] Read more
Battery Usage In Transport, Power Can Abate 60% Energy Needs: Report Updated On Thu, Jan 18th, 2024 by Saurenergy A recent report by Rock Mountain Institute (RMI) found that increase usage of battery in transportation can reduce fossil fuel requirements up to half. The report found, “Demand is growing on an S-curve. Battery sales have been doubling every two to three years, and we are on track for a six to eight times increase […] Read more
AmpIn Energy Transition Inks 6 MW Solar Deal With Nagpur Metro Updated On Thu, Jan 18th, 2024 by Saurenergy Indian renewable energy company AmpIn Energy Transition (Formerly Amp Energy India) announced the signing of a Power Purchase Agreement (PPA) of 25 years for a 6 MWp solar project with the Maharashtra Metro Rail Corporation Ltd. (MMRCL), Nagpur Metro Rail Project. MMRCL is a special purpose company jointly sponsored by Maharashtra government and the Union […] Read more
Q3 Results-Sterling and Wilson Renewable Continues Recovery With Order wins Updated On Thu, Jan 18th, 2024 by Saurenergy Sterling and Wilson Renewable Energy Limited (SWRE), one of the leading solar EPC and O&M solutions provider, announced its financial results for the quarter (Q3) ended 31st December 2023. Its consolidated loss in the third quarter (Q3) of FY24 stood at INR 63.7 crore compared to INR 101.2 crore year ago, and revenue rose 43 per […] Read more
Telangana Gets A Good Deal At Davos, Set To Install 1,500 MW PSP Updated On Thu, Jan 18th, 2024 by Saurenergy A slew of announcements was made by leaders around the world on the issue of boosting renewables on the sidelines of World Economic Forum, held in Davos, Switzerland recently. At the World Economic Forum (WEF) some key beneficiaries included companies like JSW and Adani solar announced their investment plans. Adani signed an MoU with Telangana […] Read more
CIP, Ignitis Renewables Win Second Estonian Offshore Wind Tender Updated On Thu, Jan 18th, 2024 by Saurenergy Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II, and Ignitis Renewables have won the auction-based competitive tender for the development of an offshore wind farm in the Liivi 1 seabed area in Estonia, having placed the highest bid of EUR 1.16 million Having previously won the Liivi 2 site in Estonia’s first offshore […] Read more
GODI India Attains LFP BIS Certification For Indigenous Lithium-ion Cells Updated On Wed, Jan 17th, 2024 by Saurenergy GODI India Private Limited, a Hyderabad-headquartered lithium-ion cell R&D and manufacturer, today announced its groundbreaking achievement as the first Indian company to secure LFP BIS certification for its Lithium Iron Phosphate (LFP) Lithium-ion cells in the presence of the Telangana Chief Minister Revanth Reddy at the World Economic Forum, Davos. “This noteworthy certification, confirming IS 16046 Part-2:2018 / IEC 62133-2:2017 […] Read more
Envision Energy Collaborates With Five Healthcare Firms for Net Zero Health Systems Updated On Wed, Jan 17th, 2024 by Saurenergy Envision Energy, a company associated with green technology, has collaborated with five global healthcare companies regarding the transition to net zero health systems. The project aims to deliver around 200 gigawatt-hours (GWh) of green power annually from this year. This multi-party agreement across healthcare and renewable energy companies brings together for the first time five […] Read more
Solar Europe 2023-Record Additions, Generation Seen in 2023 From Solar In Europe Updated On Wed, Jan 17th, 2024 by Saurenergy That Europe added over 56 GW of solar in 2023 has already been documented. But it is the numbers coming out from individual countries that make for interesting reading. Thus, even as powerhouses like Germany crossed 14 GW in fresh additions, smaller countries like the Czech republic made major strides as well, adding over 970 […] Read more