Climate Finance Still A Challenge For Developing Countries Amid RE Push Updated On Thu, May 2nd, 2024 by Saurenergy Amid fears of worsening impacts of climate change and the push towards renewable energy, financing for the transition to greener energy sources remains the pivotal issue. A report by the World Bank that focused on developing countries emphasised that energy transition there will require ‘unprecedented transformation of the power sector infrastructure’. Along with that, it […] Read more
GE Vernova Secures STAMC Project In Odisha Updated On Wed, May 1st, 2024 by Saurenergy GE T&D India Ltd., a listed entity of GE Vernova’s Electrification business in India, announced that it has secured orders from Power Grid Corporation of India Ltd (PGCIL) to build a State Transmission Asset Management Centre (STAMC) in Odisha, India for Odisha Power Transmission Corporation Limited (OPTCL). Through this Odisha project, GE T&D India Ltd. […] Read more
Sterlite Wins Rs 7,000 Cr Orders During FY24, Witnesses 35% YoY Increase To FY 23 Updated On Tue, Apr 30th, 2024 by Saurenergy Sterlite Power, a power transmission developer as well as products & services provider, capped off a successful fiscal year (FY24) with new orders worth INR 2,500 crores for its Global Products and Services (GPS) business unit in Q4. This takes Sterlite’s cumulative order wins in FY24 to Rs 7,000 crores, representing a 35% year-on-year (YoY) […] Read more
Brazil Oil Company Petrobras To Build Solar Power At Its Three Refineries Updated On Wed, Apr 24th, 2024 by Saurenergy Brazilian state-run oil and gas company Petrobras has recently unveiled its plans to boost its sustainable energy portfolio involving the potential installation of 48 megawatts of solar energy capacity across three of its refineries. By leveraging photovoltaic (PV) technology, the company aims to mitigate its carbon footprint while boosting operational efficiency, according to a statement […] Read more
Karnataka, Gujarat Maintain Lead Among States On Clean Electricity Transition Updated On Tue, Apr 23rd, 2024 by Saurenergy Karnataka and Gujarat continued to showcase their leadership in the progress toward the clean energy transition, a new joint report by the Institute for Energy Economics and Financial Analysis (IEEFA) and Ember shows. This marks the second year of IEEFA and Ember collaboration on the Indian States’ Electricity Transition (SET) report, which evaluates the clean […] 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
German Wind Turbine Maker Nordex Secures 253 MW Order Updated On Wed, Apr 3rd, 2024 by Saurenergy German wind turbine manufacturer Nordex has received another order of 39 turbines from the wind and solar park developer UKA Umweltgerechte Kraftanlagen GmbH & Co. The machines of the N149/5.X, N163/5.X, and N163/6.X series are expected to provide a total generation capacity of 253 MW after commissioning. Nordex will also take over the premium service […] Read more
Alpex Solar Bags Two Order Under PM-KUSUM Scheme In Haryana Updated On Tue, Mar 19th, 2024 by Saurenergy Noida-based Solar sector company Alpex Solar Limited has announced that it has secured an order from the Department of New & Renewable Energy Haryana (HAREDA), under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM Scheme), for the provision of 1434 solar water pumping systems. The systems will further be deployed for agricultural purposes. […] Read more
Govt Asks Coal Firms To Increase Adoption Of Solar Power Updated On Tue, Mar 12th, 2024 by Saurenergy Ministry of Coal recently issued directives to coal companies to accelerate the adoption of solar energy solutions. This initiative is undertaken to minimise the carbon footprints of mining. The Ministry of Coal has issued directives to coal companies to accelerate the adoption of solar energy solutions. This includes the installation of rooftop solar panels on […] Read more
