LOHUM, ReElement, & American Metals Invest $30 Mn In US Updated On Fri, Sep 27th, 2024 by Saurenergy To build a new facility in the US, Indian critical minerals producer LOHUM Cleantech signed the MoU with US modular processing technology company ReElement Technologies Corporation and American Metals LLC. The MoU marks the beginning of a joint venture for the United States fully integrated battery recycling, repurposing, and critical material production facility. The Memorandum […] Read more
SJVN, Maharashtra Partner To Develop PSPs, Floating Solar Projects Updated On Fri, Sep 27th, 2024 by Saurenergy SJVN, a Navratna Central Public Sector Enterprise (CPSE), has signed two Memorandums of Understanding (MoUs) with the Maharashtra government to build Pumped Storage Projects (PSPs) and Floating Solar Projects in the state. The total estimated investment for these projects is approximately Rs. 48,000 crores. It is expected to create around 8,400 direct and indirect employment […] Read more
First Solar Opens New Module Manufacturing Unit In US Updated On Fri, Sep 27th, 2024 by Saurenergy American solar module maker First Solar opened its $1.1 billion solar manufacturing facility in Lawrence County, Alabama. The new manufacturing plant adds 3.5 gigawatts (GW) of solar production capacity and is expected to create over 800 high-tech jobs in the region. First Solar has been a key beneficiary of the move to reduce dependence on […] Read more
MAHAPREIT and NTPC Sign RE Projects Worth 10 GW Updated On Fri, Sep 27th, 2024 by Saurenergy NTPC Green Energy Ltd (NGEL) is a wholly owned subsidiary of NTPC Ltd, under which a joint venture agreement was signed with Mahatma Phule Renewable Energy and Infrastructure Technology, MAHAPREIT. Together, the two firms are set to develop 10 GW of renewable energy parks and projects in the state of Maharashtra or other states in […] Read more
RUMSL Issues Tender For 600MW Solar Project With BESS Updated On Thu, Sep 26th, 2024 by Saurenergy The Rewa Ultra Mega Solar Limited (RUMSL) has now issued a tender seeking developers to develop a 600 MW of solar project with battery energy storage (BESS). RUMSL, formed in 2015 is a Joint Venture between Madhya Pradesh UrjaVikas Nigam Limited (MPUVN), and Solar Energy Corporation of India (SECI). As per the tender details, RUMSL […] Read more
Borosil Renewables, Clean Max in Deal For 16.50 MW Hybrid Power Updated On Thu, Sep 26th, 2024 by Saurenergy Borosil Renewables has now completed buying a 49 percent stake in Clean Max Prithvi Private Limited (CMPPL), a subsidiary of Clean Max. CMPPL was incorporated on March 14, 2023. The company has set out to construct and operate hybrid solar and wind power plants. CMPPL has not yet initiated its operations; however, its acquisition is […] Read more
EDU Manager Traction and Energy SEC Updated On Wed, Sep 25th, 2024 by Saurenergy A Project System Engineer specifies, for a project, one or several System Architecture Areas (SAA) and/or associated sub-system(s) at train level and lead technically the engineering studies to design solutions related to his SAAs which meet the project system requirements allocated to them at train level. He is in charge of performing subsystem/component development activities […] Read more
Aditya Birla Renewables Raises Rs. 2,500 Cr Through NCDs Updated On Wed, Sep 25th, 2024 by Saurenergy Aditya Birla Group’s renewable energy arm, Aditya Birla Renewables Limited (ABReL), has successfully secured Rs. 2,500 crore through a private placement of non-convertible debentures (NCDs). These NCDs have a face value of Rs. 1 lakh each, for an aggregate amount of up to Rs. 2,500 crore, inclusive of a base issue size of up to […] Read more
MERC Declines To Give Relief To EESL Over ‘Change of Law’ Claim Updated On Wed, Sep 25th, 2024 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) in its latest order declined any relief to the Energy Efficiency Services Ltd (EESL). The case was related to the petition of the government entity, seeking compensation of Rs 27 crore. EESL sought this amount due to the rise of taxations on solar equipment during the developmental phase of […] Read more
