Bosch India gets a 30 MW Solar Project Through AMP Energy Updated On Tue, Jan 4th, 2022 by Saurenergy German MNC Bosch Limited, a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology in India has partnered with leading renewable IPP Amp Energy India for its solar energy requirements. The solar project capacity is 30 MW and would be provided from Amp Energy […] Read more
New EU Rules On Energy Projects Focus on Flexibility, Climate Change Updated On Fri, Dec 24th, 2021 by Saurenergy The European Commission has endorsed the new Climate, Environmental Protection and Energy State Aid Guidelines (CEEAG). to ensure that its state aid rules play their full role in supporting the European Green Deal, according to a recent announcement. Back in February, the European Commission (the executive branch of the European Union) organised a conference about how […] Read more
Danish Fund IFU To Invest $34 Million Into Cleanmax Updated On Tue, Dec 21st, 2021 by Saurenergy In yet more funding news, The Danish Investment Fund for Developing Countries (IFU) is investing USD 34 million (Rs 260 cr approx.) in CleanMax, which has an aggregated capacity of 750+ MW of installed solar and wind-solar hybrid power. Cleanmax, founded in 20211, has been an early mover in the commercial and industrial segment, and […] Read more
NTPC Receives Acknowledgement from UN for its commitment towards clean Energy Updated On Mon, Dec 20th, 2021 by Saurenergy NTPC Ltd, India’s largest integrated energy company received a letter of appreciation from Ms. Damilola Ogunbiyi, Special Representative of the Secretary-General for Sustainable Energy for All and UN-Energy Co-Chair, for its efforts and commitments towards the process of Energy Compact. In the letter UN-Energy has acknowledged the commitment of NTPC towards clean energy and welcomed […] Read more
Shell Acquires Solar And Energy Storage Developer Savion Updated On Thu, Dec 16th, 2021 by Saurenergy Shell New Energies US LLC, a subsidiary of Royal Dutch Shell plc (Shell), has signed an agreement to buy 100% of Savion LLC (Savion), a large utility-scale solar and energy storage developer in the United States, from Macquarie’s Green Investment Group. With this acquisition, Shell expects to significantly expand its global solar portfolio. “Savion’s significant asset pipeline, highly […] Read more
Singapore’s Keppel Corp to Buy Majority Stake in Shell-backed Cleantech Updated On Tue, Dec 14th, 2021 by Saurenergy Cleantech Solar, a Singapore-headquartered renewable energy to corporates, announced today that a consortium of Keppel Corporation Limited (Keppel), Keppel Asia Infrastructure Fund LP (KAIF) and a co-investor of KAIF, through Cloud Alpha Pte Ltd, is acquiring a 51% equity interest in Cleantech Renewable Assets Pte. Ltd. from Cleantech Energy Corporation Pte. Ltd. The remaining 49% […] Read more
The US Doubles Down On Energy Storage Capacity Updated On Mon, Dec 13th, 2021 by Saurenergy The market for energy storage in US is making big strides, driven by the record growth in the past year even though Covid pandemic upset the momentum of various other industries across the world. Renewable storage market has rather been holding up the country’s economic prospects. Over the year 2020, 1,464 MW/3,487 MWh of new […] Read more
MoP Approves 23 New ISTS Projects Worth ₹15,893 cr Updated On Fri, Dec 10th, 2021 by Saurenergy The Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE) has approved 23 new Inter State Transmission System (ISTS) projects with an estimated cost of Rs 15,893 crore. The new ISTS projects comprise 13 projects with an estimated cost of Rs 14,766 to be developed under Tariff Based Competitive Bidding (TBCB) […] Read more
Integrating Storage Key to Solar’s Long-term Success, says Sterling and Wilson Renewable Energy Ltd CEO Updated On Fri, Dec 3rd, 2021 by Saurenergy In this conversation with Prasanna Singh, Group Editor at Saur Energy, Mr. Chandra Kishore Thakur, CEO, Sterling and Wilson Renewable Energy Limited, reflects on the firm’s current and future plans. Throwing light on solar’s growth potential in India, Mr. Thakur cites inflation, supply chain constraints and GST taxation structure, among others, as key challenges. Q. What […] Read more
