NHPC To Establish 1200 MW Renewable Energy Park In UP Updated On Wed, Mar 6th, 2024 by Saurenergy PM Modi laid the foundation stone of the 1200 MW Jalaun Ultra Mega Renewable Energy Power Park of BSUL under NHPC Joint Venture (JV) with UPNEDA in Uttar Pradesh during a public event in Telangana on March 4. The 1200 MW Jalaun Ultra Mega Renewable Energy Power Park of BSUL (NHPC’s JV with UPNEDA) is […] Read more
EV Ride-hailing Snap-E Cabs raises USD 2.5 million in Pre-Series A Round Updated On Mon, Feb 5th, 2024 by Saurenergy Kolkata based Snap-E Cabs, an EV Ride-hailing platform has raised USD 2.5 million in a Pre-Series A Round led by Inflection Point Ventures. Snap-E Cabs plans to allocate funds for talent acquisition to support growth, invest in tech upgrades and the introduction of new tech-enabled services, and expand operations into additional geographies. Snap-E provides an […] Read more
Jakson Green Enters Into Joint Venture With RVNL in Solar Sector Updated On Wed, Jan 17th, 2024 by Saurenergy Jakson Green Private Limited (JGPL) and Rail Vikas Nigam Limited (RVNL) announced the formation of a Joint Venture that will explore opportunities in solar power projects in India and abroad. Under the joint venture, RVNL will hold a 49% stake of the green clean energy project, while a majority stake of 51% will be held […] Read more
Accelerating Renewables Can Prevent Rail Network Congestions: IEEFA Updated On Thu, Dec 14th, 2023 by Saurenergy Indian Railways can better utilise its resources and serve the Indian economy more effectively if policymakers focus on accelerating renewable energy generation rather than expanding coal freight by rail, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) finds. The IEEFA report analyses various forecasts by different agencies of the Indian government and […] Read more
Singapore’s Sembcorp Awarded 300 MW Solar Project in India Updated On Thu, Dec 14th, 2023 by Saurenergy Sembcorp Industries (Sembcorp), through its wholly owned renewables subsidiary Green Infra Wind Energy Limited (GIWEL), received the Letter of Award (LOA) for a 300 MW Inter State Transmission System connected solar project. The project has been won by way of competitive bidding and has been awarded by NHPC, an enterprise of the Government of India […] Read more
Sembcorp Eyes Wind Assets of 428 MW in India & China Updated On Thu, Nov 30th, 2023 by Saurenergy Singapore-based renewables player Sembcorp Industries Ltd has announced the signing of two agreements for the acquisition of 428 MW of operational wind farms in China and India. In China, the wholly-owned arm of the Sembcorp Group, Sembcorp Energy (Shanghai) Holding Co Ltd has entered into an agreement worth (USD 97.3m/EUR 88.8m) with Envision Energy Co […] Read more
REMCL is Selecting Project Developers for 750 MW RTC Power Updated On Fri, Oct 27th, 2023 by Saurenergy Railway Energy Management Company (REMC) Ltd., a subsidiary of RITES Ltd, for and on behalf of Indian Railways, has invited bids in single stage two packet system for selection of project developers for supply of 750 MW Round-the-Clock (RTC) power from grid-connected renewable energy (RE) power projects, with or without storage. The last date and […] Read more
Amara Raja Batteries Limited Is Now Amara Raja Energy & Mobility Limited Updated On Thu, Sep 28th, 2023 by Saurenergy Two years ago, Amara Raja Batteries Limited (ARBL), which delves in industrial and automotive battery sector (listed as BSE: 500008 and NSE Code: AMARAJABAT), announced to direct its focus beyond batteries and address the larger energy and mobility space. The firm has now capped off the journey with the official name change to Amara Raja […] Read more
Electronica Finance Limited Signs US$15 Mn Deal with ResponsAbility Investments AG Updated On Tue, Aug 8th, 2023 by Saurenergy Electronica Finance Limited (EFL), a Pune-based Non-Banking Financial Company (NBFC) specialising in financing MSMEs with a focus on financial inclusion and energy efficient machine financing, has signed a US$15 million deal from Global Climate Partnership Fund (GCPF), managed by responsAbility Investments AG. The finance provided under the deal will be for six years and the […] Read more
