Sustainiam Onboards 400 MW Portfolio Of Brookfield Assets In India Updated On Tue, Sep 24th, 2024 by Saurenergy Sustainiam, a climate tech startup, and a carbon management solutions provider, onboarded 400 MW of renewable assets from Brookfield, a global renewable energy provider, for the registration, issuance, and trading of International Renewable Energy Certificates (I-REC). This portfolio primarily consists of wind assets, to help Brookfield expand its renewable energy capabilities in India and beyond. […] Read more
Sunsure Energy’s Contrarian Approach Pays Off Updated On Tue, Sep 24th, 2024 by Saurenergy Gurugram-based Sunsure Energy has made a virtue of what to many will appear to be a contrarian approach to business as a solar EPC and now, a developer (IPP). Founded in 2014 by Shashank Sharma (CEO), Sunsure Energy has 500 MW of assets under operation, 2.5 GW of renewable energy capacity under construction, and a […] Read more
Zelestra Closes €132 Mn Financing For Its Gorbea Solar Plant In India Updated On Mon, Sep 23rd, 2024 by Saurenergy Spanish renewable energy firm Zelestra, has closed a €132 million (INR 1472 crores) project financing package for its Gorbea solar photovoltaic plant in India. The financing was signed with HSBC, Credit Agricole, MUFG, and Bank of America. The facility, denominated in Indian Rupees (INR), is designated as green financing under Zelestra’s Green Financing Framework, aligning […] Read more
US-India Launch $1 Bn Initiative To Build Clean Supply Chains Updated On Mon, Sep 23rd, 2024 by Saurenergy The United States (US) and India elevate and expand bilateral technical, financial, and policy support to enhance the complementary manufacturing capacity of clean energy technologies and components. This policy also lays the groundwork for enhanced cooperation and partnerships in Africa. The Strategic Clean Energy Partnership, led by the US Department of Energy and Indian government […] Read more
ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth Updated On Mon, Sep 23rd, 2024 by Saurenergy A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […] Read more
GK Energy Gears Up for The Solar Pump Boom Updated On Mon, Sep 23rd, 2024 by Saurenergy For Gopal Kabra, founder of the solar pump driven GK Energy, the move into the renewable energy business started with solar water heaters in 2006. Hailing from a business family in Nanded Maharashtra, Kabra completed his education in Pune. Right from the start, he was clear about running his own business. It has been a […] Read more
PFC Seeks Bids To Evacuate 3 GW Of Renewable Energy From Gujarat Updated On Thu, Sep 19th, 2024 by Saurenergy PFC Consulting released a tender requesting proposals for the selection of a transmission service provider through a tariff-based competitive bidding process. The tender invited bids to establish an inter-state transmission system to evacuate renewable power from Raghanesda, Gujarat, for 3GW under phase I. PFC set the 19th of November as the last date for bid […] Read more
Director of Emerging Technologies of Battery Energy Storage Systems (BESS) Updated On Thu, Sep 19th, 2024 by Saurenergy The Director of Emerging Technologies of Battery Energy Storage Systems (BESS) will lead the identification, evaluation, and qualification of new and innovative technologies in the field of battery energy storage. This role is responsible for driving future technological advancements and strategic initiatives to enhance the company’s BESS solutions (Battery Systems, PCS, Safety, and Thermal Management) […] Read more
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
