Dalmia Cement To Pick 18% Stake In Wind Power Firm O2 Renewable Energy Subsidiary Updated On Mon, Apr 8th, 2024 by Saurenergy Indian cement manufacturer Dalmia Cement (Bharat) Limited (‘DCBL’) has announced it has entered into a Share Purchase Agreement (“SPA”), Deed of Accession (‘DOA’), and Power Purchase Agreement (‘PPA’) on April 5 to acquire 18.13% of the equity share capital of O2 Renewable Energy V Private Limited, consisting of 68,99,293 equity shares aggregating to Rs.7.80 crore […] Read more
iFOREST Report Sees Potential For More Ambitious Renewable Targets In Assam Updated On Mon, Apr 1st, 2024 by Saurenergy iFOREST a research-based organization, in a recent report on enabling renewable energy in Assam recognized the steps taken by the Assam government to increase renewable energy (RE) penetration. It considered the states progress since the announcement of the Assam Renewable Energy Policy 2022 (AREP 2022) in November 2022. iFOREST’s research indicates the need for accelerated […] Read more
NTPC, JBIC Collaborate To Finance Renewable Energy Project In India Updated On Wed, Mar 27th, 2024 by Saurenergy Japan Bank for International Cooperation (JBIC) Governor, HAYASHI Nobumitsu has signed a loan agreement that amounts to up to JPY15 billion of which JBIC’s portion is JPY9 billion, with NTPC Renewable Energy Limited (NREL) of India. The loan is co-financed with Sumitomo Mitsui Banking Corporation and the Bank of Fukuoka, Ltd. JBIC also claims to […] Read more
Recruitment of experienced professionals as Executive for Renewable energy area on fixed term basis Updated On Tue, Mar 26th, 2024 by Saurenergy NGEL is looking for experienced professionals for Renewable Energy area for a period of 03 years on fixed term basis as per details given below: A. Name of the Post: Engineer (RE-Civil)- 20 Posts:- Qualification: BE/B.Tech Degree in Civil Engineering with at least 60% marks from a recognized University/Institution. Experience Requirement: Minimum 03 years’ […] Read more
Atlas Renewable Energy To Develop 200 MW Installed Capacity Chilean BESS Updated On Fri, Mar 22nd, 2024 by Saurenergy Atlas Renewable Energy has announced signing a power purchase agreement (PPA) for the use of a battery energy storage system with the Chilean company COPEC, through its energy commercializer EMOAC for 15 years. According to Atlas Renewable Energy, BESS del Desierto will be one of the largest energy storage projects in Chile and Latin America, […] Read more
US Invests $44 Million In Grid Connected Renewable Energy Projects Updated On Wed, Mar 20th, 2024 by Saurenergy The US Department of Energy (DOE) has announced the selection of eleven projects to receive $34 million for tools to advance a clean, reliable electricity grid run on wind and solar energy. DOE also announced a new $10 million funding to streamline the interconnection of clean energy to the grid. Together, these initiatives are estimated […] 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
Conference on Distributed Renewable Energy for Sustainable Development Updated On Wed, Feb 28th, 2024 by Saurenergy Power Foundation of India organized a conference on “Distributed Renewable Energy for Sustainable Development” in New Delhi, on 27th February 2024. The Conference was organized in collaboration with Climate Policy Initiative. The Conference brought together key stakeholders from the Government, Private and Public sectors, and policy think tanks. Notable participants included Bhupinder Singh Bhalla, Secretary, […] Read more
MNRE Finalises BESS Mechanisms For ‘Round-the-Clock’ Renewable Energy Updated On Mon, Feb 26th, 2024 by Saurenergy A meeting was held by Union Minister for Power and New & Renewable Energy RK Singh on February 22 regarding finalising the structure for operationalizing the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with a capacity of 4,000 Megawatt Hours (MWh). The minister emphasised that the price […] Read more
