ReNew Signs Contract To Sell 300 MW Solar Project With $199mn Valuation Updated On Mon, Jan 8th, 2024 by Saurenergy Indian renewable energy company ReNew today announced that it has signed a Share Purchase Agreement with India Grid Trust to sell a 300 MW solar project in Rajasthan – ReNew Solar Urja Private Limited – for a total enterprise value of $199 million. The transaction is expected to close in accordance with PPA conditions. Approximately […] Read more
VinFast Will Invest $2 Billion For Tamil Nadu Integrated EV Plant Updated On Mon, Jan 8th, 2024 by Saurenergy VinFast, the prominent electric vehicle (EV) manufacturer in Vietnam, has unveiled plans to establish an electric vehicle plant in the coastal town of Thoothukudi in southern Tamil Nadu, with a substantial investment totaling $2 billion. This announcement coincides with the ongoing Tamil Nadu Global Investors Meet in Chennai. In an official statement, VinFast declared its […] Read more
NTPC Issues Bid For Green Hydrogen Component Makers In AP’s Proposed Industrial Hub Updated On Mon, Jan 8th, 2024 by Saurenergy NTPC Green Energy Limited (NGEL) has now issued a global tender seeking bids from manufacturing companies. The renewable arm of the NTPC said that applicants dealing with the manufacturing of products used in the generation and storage of Green Hydrogen and its derivatives could apply. NTPC Green wants to rope in such firms to set […] Read more
Serentica Renewables In INR 3500 Cr Debt Deal For Its 530 MW RTC Project Updated On Mon, Jan 8th, 2024 by Saurenergy Serentica Renewables, which has quickly emerged as a leading C&I focused renewable energy developer in India within 2 years, announced the signing of its first international and commercial bank foreign currency loan worth INR 3500 crores (US$425 million) for its Round-The-Clock renewable energy project in India. The transaction brings together a consortium of three international […] Read more
Hyundai Motor, Kia to Develop Technology For Hydrogen Fuel Cells Updated On Fri, Jan 5th, 2024 by Saurenergy Hyundai Motor Company (Hyundai Motor), Kia Corporation (Kia) and W. L. Gore & Associates (Gore) have signed an agreement at the Mabuk Eco-Friendly R&D Center, Korea, to collaborate on the development of advanced polymer electrolyte membrane (PEM) for hydrogen fuel cell systems. The joint effort between the parties will encompass key aspects of PEM development. […] Read more
Govt To Electrify 1L Unelectrified Tribal Households With Off-Grid Solar Updated On Fri, Jan 5th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) is now all set to roll out a dedicated scheme to electrify the unelectrified households of Particularly Vulnerable Tribal Groups (PVTGs) under the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM JANMAN). The MNRE recently issued a notification in this regard. The order said that the ministry […] Read more
Ayodhya To Be Adorned With Solar Trees As Ram Temple Consecration Approaches Updated On Fri, Jan 5th, 2024 by Saurenergy What could better the illumination of Ayodhya with solar power as the consecration of ‘Suryavanshi’ Lord Ram is just weeks from here? Advancing the initiative to incorporate renewable energy sources extensively in the sacred city of Ayodhya, 42 parks will be illuminated using solar power. The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) […] Read more
First Solar Signs PPA With Cleantech Solar To Procure 150 MW Facility Updated On Thu, Jan 4th, 2024 by Saurenergy First Solar, an American solar technology company entered into a 15-year, captive Power Purchase Agreement (PPA) with Cleantech Solar, a renewable energy solutions provider operating in India and Southeast Asia, the firm said. Under the agreement, Cleantech Solar will construct 150 megawatts (MW) of photovoltaic (PV) solar and 16.8 MW of wind-generating assets in Tamil […] Read more
Private Sector Specialist (P3) Updated On Thu, Jan 4th, 2024 by Saurenergy The Private Sector Specialist will support the ISA through the collection, analysis, and presentation of data on renewable energy (solar) investment needs and opportunities specifically in relation to private sector contributions and engagements in solar energy. The Private Sector Specialist will be responsible for leading the private sector engagement activities of ISA. The Specialist will […] Read more
