JSW Steel Eyes 25 MW RTC Renewable Energy, Green Hydrogen Updated On Tue, Jul 25th, 2023 by Saurenergy India’s largest steel conglomerate JSW Steel has set sights on sourcing green hydrogen from the 3,800-tonne hydrogen plant that is in being established at the Vijayanagar plant. The firm will provide green steel at a premium in a period of 18-24 months. The firm has joined hands with JSW Energy to get green hydrogen and […] Read more
Waaree Renewable Technologies Reports Revenue of INR 129 Cr in Q1FY24 with 35.7% Surge YoY Updated On Mon, Jul 24th, 2023 by Saurenergy Waaree Renewable Technologies Limited, the solar EPC subsidiary of Waaree Group and a solar developer that finances, constructs, owns and operates solar projects, has reported its unaudited financial results for the quarter ending June 30, 2023. In Rs Cr Q1FY24 Q1FY23 Y-o-Y Change Revenue 128.9 95.0 35.7% EBITDA 16.0 13.1 22.4% EBITDA Margin 12.4% 13.7% […] Read more
UK’s First Renewable Energy Powered Electric Airline Ecojet to be Commissioned in 2024 Updated On Wed, Jul 19th, 2023 by Saurenergy Earlier this week, British entrepreneur Dale Vince announced plans to launch an electric airline that will be powered using renewable energy, potentially marking the dawn of a new era in air travel. The formation of Ecojet represents the latest attempt to reduce the environmental footprint of aviation. Flights in the UK will begin in 2024. […] Read more
Building Sustainable Cyprus: Central Energy Storage for Hybrid Renewables Updated On Wed, Jul 19th, 2023 by Saurenergy Cyprus has set out a policy framework for the integration of energy storage systems after reaching a funding agreement with the European Commission (EC). The Mediterranean island’s Ministry of Energy, Commerce and Industry (MECI) last week announced its ‘General policy framework for energy storage systems’. It said the government will be deploying centralised energy storage […] Read more
EIB & Banco Santander Promote Renewable Energy in Brazil with €300 Million Loan Updated On Wed, Jul 19th, 2023 by Saurenergy The European Investment Bank (EIB) and Banco Santander (Brasil), one of the largest foreign banks in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a €300 million loan in […] Read more
SECI Issues Tender for Soil Investigation for 13 GW Renewable Energy Project Sites in Leh Updated On Wed, Jul 19th, 2023 by Saurenergy Solar Energy Corporation of India (SECI) has issued a tender for the appointment of an agency to conduct soil investigation at proposed renewable energy project sites in Leh, Ladakh, with a cumulative capacity of 13 GW. The geotechnical analysis for the project must be completed within eight months of signing the contract. The last date […] Read more
Tripura Renewable Energy Development Agency Updated On Mon, Jul 17th, 2023 by Saurenergy Design, Manufacture, Supply, Erection, Testing and Commissioning of Grid Interactive Solar Power Plants Including Warranty/Guarantee and Annual Maintenance Contract for 5 (Five) Years At Government Establishments In Tripura On Turn-Key Basis Read more
Japan’s Orix Bank to Extend $2.89 Billion Funding For Renewables Portfolio Updated On Mon, Jul 17th, 2023 by Saurenergy Japanese digital lender Orix Bank will extend roughly 400 billion yen ($2.89 billion) of financing this fiscal year to renewable energy and logistics projects in a bid to diversify its portfolio away from real estate. The lending, which is to be directed toward project financing, will account for nearly a fifth of outstanding loans projected […] Read more
India Adds 2.8 GW Of New Renewable Power In June: CEA Report Updated On Fri, Jul 14th, 2023 by Saurenergy Read more