US Announces $6 Billion To Clean Heavy Industry Sector Updated On Tue, Mar 26th, 2024 by Saurenergy The US Department of Energy (DOE) has announced up to $6 billion for 33 projects across more than 20 states to decarbonize energy-intensive industries, reduce industrial greenhouse gas emissions, support good-paying union jobs, revitalize industrial communities, and strengthen the nation’s manufacturing competitiveness. Funded by the President’s Bipartisan Infrastructure Law and Inflation Reduction Act, the projects […] Read more
MoP Issues Viability Gap Funding Guidelines For BESS Project Updated On Fri, Mar 22nd, 2024 by Saurenergy The Ministry of Power (MoP) has issued the guidelines for the Rs 94 billion program to provide viability gap funding (VGF) of up to 40% to develop 4,000 Mh of battery energy storage systems (BESS) capacity across the country. According to the MoP, the budget that has been allocated to the programme stands at $37.6 […] Read more
IKEA Investment Arm Secures Norwegian Offshore Wind Project Updated On Thu, Mar 21st, 2024 by Saurenergy Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has announced its success in the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 offshore project area in the Southern Norwegian North Sea. According to a media statement by Parkwind, part of […] Read more
Growatt Inverters, Vibgyor Power Beverage Factory in Uttar Pradesh Updated On Mon, Mar 18th, 2024 by Saurenergy Global energy storage firm Growatt has recently powered a soft drink factory located in Uttar Pradesh, Moon Beverages Limited. New Delhi-based solar power developer Vibgyor Energy commissioned the plant. It has a capacity of 5.3 MW. This project, powered by 9,788 solar panels from the Vigyor and 29 Growatt ‘MAX 125KTL3-X LV’ inverters, can generate […] Read more
Okaya EV Chargers Gets HPCL Order For 600 EV Chargers Updated On Fri, Mar 15th, 2024 by Saurenergy Okaya EV Chargers has announced that it has secured an order for 600 EV chargers from Hindustan Petroleum Corporation Limited (HPCL). The order includes the installation of 60KW CCS2 Dual Gun and 120KW CCS2 Dual Gun chargers at various locations across India, stated the press release by the company. The company Okaya EV said, “These […] Read more
Trina Solar, SOLA, & WBHO To Power South African Mining Operation With 135MW Project Updated On Thu, Mar 14th, 2024 by Saurenergy Smart PV and energy storage solutions company Trina Solar, has partnered with SOLA, a South African leader in renewable energy with a focus on utility-scale projects and WBHO Construction to embark on a transformative solar project. The Merak 1 project signifies a major milestone in sustainable energy solutions for South Africa, according to a media […] Read more
Matrix Gas & Renewables Raises Rs 350 Crore In Pre-IPO Round Updated On Tue, Mar 5th, 2024 by Saurenergy Gensol Group Company, Matrix Gas & Renewables Limited, has raised Rs 350 crore in the pre-IPO round. With the current capital raise, Matrix is now well positioned to accelerate its growth initiatives towards expanding market share for the gas aggregation business, acquiring City Gas Distribution (CGD) assets, and funding the ongoing capital expenditure plan. This […] Read more
Jindal Stainless Plans Rs 700 Crore Investment In Renewable Projects: Report Updated On Tue, Mar 5th, 2024 by Saurenergy Stainless steel company Jindal Stainless Ltd (JSL) will invest Rs 700 crore over the course of the next three years regarding renewable energy projects. According to media reports, this will be done to reduce its carbon footprint, including the embedded emissions across its offerings. Media reports quoting Abhyuday Jindal, Managing Director, JSL, stated that investments […] Read more
Tata Motors Flags-Off Commercial Electric Vehicles To Tata Steel Updated On Mon, Mar 4th, 2024 by Saurenergy Tata Motors recently flagged off its next-generation, green-fuel-powered commercial vehicles to Tata Steel. The company has been developing and manufacturing innovative mobility solutions powered by alternate fuel technology, including battery electric, CNG, LNG, Hydrogen Internal Combustion Engine, and Hydrogen Fuel Cell technology. It showcased the widest range of alternate fuel-powered commercial vehicles at Auto Expo […] Read more
