NTPC Green Energy plans $1.2 billion IPO Updated On Thu, Sep 19th, 2024 by Saurenergy State-owned NTPC’s green arm, NTPC Green Energy, has filed draft papers for an initial public offering (IPO) to raise about $1.2 billion (about ₹10,000 crore). NTPC Green Energy, floated in 2021, was set up with the express purpose of a dedicated approach to green energy capacity creation for NTPC, which has a target of 60 […] Read more
Clean Electric Secures $6 Million Funding To Accelerate EV Adoption Updated On Tue, Sep 10th, 2024 by Saurenergy Clean Electric, an Indian developer specializing in rapid fast-charging battery technology for electric vehicles and long-life grid battery solutions, has raised $6 million in Series A funding. The funding round was co-led by Info Edge Ventures, Pi Ventures, and Kalaari Capital, with participation from Lok Capital and other strategic investors. The investment is expected tol […] Read more
SunSource Energy Commissions 21 MWp Solar Project In Tamil Nadu Updated On Thu, Aug 29th, 2024 by Saurenergy SunSource Energy, a solar energy solutions provider and a subsidiary of SHV Energy, a 127-year-old Dutch Multinational, commissioned a 21 MWp solar power plant in Ramanathapuram in Tamil Nadu. This project, spanning 50 acres, marks SunSource Energy’s foray into the state. SunSource Energy has already tied up with leading Commercial and Industrial (C&I) businesses for […] Read more
SaurEnergy Explains: PEM Vs Alkaline Electrolyser – for Green Hydrogen Updated On Fri, Aug 16th, 2024 by Saurenergy Electrolysers are in the news nowadays, pulled out of industrial obscurity by the new Green Hydrogen rush. So SaurEnergy explains gets down to improving our own, and your understanding of these machines that many hope, powered by renewable energy, will break down water to give us green hydrogen. Electrolysers can range in size from small […] Read more
Envision bags 116 MW Wind Turbine Deal From Blueleaf Energy Updated On Mon, Aug 12th, 2024 by Saurenergy Envision Wind Power Technologies India Private Limited has announced a major milestone by securing a 116 MW turbine supply agreement with Blueleaf Energy. This agreement involves the supply of 35 EN-156 3.3 MW turbines for a co-located wind-solar hybrid power project in Madhya Pradesh, set to commence construction in 2024 and complete by 2025. […] Read more
IACC Summit: US Reaffirms Commitment To Support India’s Energy Transition Updated On Wed, Aug 7th, 2024 by Saurenergy United States (US) has expressed its strong commitment to supporting India’s ambitious energy transition efforts, said Jonathan Heimer, Minister Counselor for Commercial Affairs at the US Foreign Commercial Service (FCS). He was speaking at the second Energy Summit of the Indo-American Chamber of Commerce (IACC) in New Delhi. Heimer highlighted the deepening ties between the […] Read more
Study Points Out At India’s Key Role In Energy Transition In Asia Updated On Wed, Aug 7th, 2024 by Saurenergy The Rockefeller Foundation released a new report which talked about the important role played by India in the overall energy transition in Asia. It appreciated the role of the country and deploying renewable energy projects at an ‘unprecedented pace’. The report calculated an 8,700 terawatt-hour (TWh) “Green Power Gap” across 72 countries in Africa, Asia, […] Read more
Fourth Partner Energy Secures $275 Mn Investment From IFC Consortium Updated On Tue, Aug 6th, 2024 by Saurenergy International Finance Corporation (IFC), Asian Development Bank (ADB) and DEG today made a $275 Mn investment into Fourth Partner Energy (FPEL). IFC is a global impact investor and DEG is a German investment and development company. The consortium’s investment will infuse capital to fund FPEL’s business expansion plans which include a target portfolio of 3.5 […] Read more
BrightNight Australia Links Mortlake Energy Hub To National Grid Updated On Wed, Jul 24th, 2024 by Saurenergy Australian Energy Market Operator (AEMO) recently approved the connection of BrightNight’s 360 Mega Watt (MW) Mortlake Energy Hub (a hybrid renewable energy project) to the National Electricity Market, to support Australia’s decarbonization efforts. Australia wants to go net-zero by 2050 and has plans to ensure 82% electricity capacities in their grid from renewable sources by […] Read more
