ReNew Inks Deal With JERA To Evaluate Green Ammonia Project In India Updated On Fri, Apr 19th, 2024 by Saurenergy Renewable energy company, ReNew Energy Global announced that it has signed an initial agreement with JERA Co, Japan’s power generation company, to jointly evaluate the development of a green ammonia production project in India. Under the agreement, ReNew, through its subsidiary, ReNew E-Fuels Private Limited, and JERA will jointly evaluate development of a green ammonia […] Read more
GPS Renewables Secures Rs 411.50 Crore Debt-Financing Updated On Thu, Apr 18th, 2024 by Saurenergy Bengaluru-based clean energy firm, GPS Renewables has successfully secured Rs 411.50 crore in debt financing. This funding was sourced from a consortium of major banks and financial institutions, according to a statement by GPS Renewables. Tilak Minocha, the Chief Finance Controller of GPS Renewables, emphasised that the new funds would significantly enhance their capabilities to […] Read more
RWE Begins Construction of Aldenhoven Wind Farm In West Germany Updated On Tue, Apr 16th, 2024 by Saurenergy Renewable Energy firm, RWE Energy has begun the construction of a new wind energy farm in Germany. The new wind farm is being built in the Rhenish lignite area. The ground is being prepared, the construction site is being set up and road works are beginning. RWE is erecting six wind turbines with a total […] Read more
Elections 2024: Renewables Take Center Stage In Political Parties’ Manifestos Updated On Mon, Apr 15th, 2024 by Saurenergy The leading Indian political parties have now come out with their party manifestos for the upcoming Parliament (Lok Sabha) elections. Some of them have now also promised their consumers access to increased renewable power too. This comes months after the BJP-led Union government announced PM Surya Ghar Muft Bijli Yojana which has already been rolled […] Read more
Mercedes Orders SolidFlow Battery For Germany Manufacturing Facility Updated On Mon, Apr 15th, 2024 by Saurenergy Mercedes-Benz Group AG announced it has ordered an 11MWh CMBlu Energy SolidFlow battery for use in the car maker’s Rastatt plant in Germany. Mercedes-Benz Group AG will be utilising the SolidFlow battery for supplying energy storage and increasing the company’s clean energy reliability and resiliency efforts at the German facility. Mercedes-Benz Group AG’s first Organic […] Read more
BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia Updated On Mon, Apr 15th, 2024 by Saurenergy British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […] Read more
Husk Power Secures $4 Million In Debt Financing From ElectriFI Updated On Mon, Apr 15th, 2024 by Saurenergy In a joint announcement today, Husk Power Systems and ElectriFI announced collaborating with each other to boost the growth of renewable energy in rural India. Husk Power is a decentralized solar-hybrid mini-grid solution provider. ElectriFI is an EU-funded impact investment facility managed by EDFI Management Company. The firms today confirmed Husk’s securing of an additional […] Read more
Mahindra Susten Enters Hybrid RE Segment With 150MW Projects Updated On Mon, Apr 15th, 2024 by Saurenergy Mahindra Susten recently announced its plan to develop a 150 MW hybrid RE (solar + wind) project at a total project cost of about Rs 1,200 crore. The project will be developed by Mahindra Susten, part of Mahindra Group and one of the renewable Independent Power Producers (IPP), with global investor Ontario Teachers’ Pension Plan […] Read more
BPCL Awards 52 MW Solar Consultancy Contract To Ahasolar Technologies Updated On Mon, Apr 15th, 2024 by Saurenergy Bharat Petroleum Corporation (BPCL) has announced it has awarded the consultancy contract for setting up a 52 MW solar power project in Prayagraj, Uttar Pradesh to Ahasolar Technologies. The tender for the solar power project was floated by BPCL in February. Under the ambit of the project, BPCL has planned to power its refineries through […] Read more
