ReNew To Refinance Dollar-Denominated Bonds, First RE Player To Do So In India Updated On Wed, Jul 13th, 2022 by Saurenergy India renewable energy major ReNew Energy Global has announced that it has successfully refinanced its 2024 maturity dollar-denominated bonds with amortizing project debt from an Indian non-bank financial company. ReNew claims to have become the first Indian renewable energy company to have done this. The official statement of ReNew held that issued bonds worth $ […] Read more
Sterling and Wilson Renewable Q1 Results- Losses Up To Rs 353 crores Updated On Tue, Jul 12th, 2022 by Saurenergy Leading Solar EPC Sterling And Wilson Renewable Energy Limited has (SWREL) reported its financial results for the period ended June 30, 2022, or Q1 for the firm. The quarter also marked the completion of one year with Amit Jain as CEO at the firm. In the June quarter, the company has reported an over 10% […] Read more
300 MW Hybrid Project: MERC Approves Reduced Tarrif Of Rs 2.56/KWh Updated On Tue, Jul 12th, 2022 by Saurenergy Maharashtra Electricity Regulatory Commission (MERC) recently ordered that the voluntarily offered tariff of Rs. 2.56 per unit be applicable for supply of 300 MW RE wind-solar hybrid power by T.P. Saurya Limited (subsidiary of Tata Power) to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). A three-judge bench comprising Sanjay Kumar, IM Bohari and Mahesh Khullar, […] Read more
Mercedes-Benz Electric Vehicle Sales Double in April-June Quarter Updated On Tue, Jul 12th, 2022 by Saurenergy Despite dwindling car sales there is some consolation for top automaker Mercedes-Benz this season. Just when the sales of its fossil fuel based cars declined by a massive 16 per cent in the quarter that spanned April to June compared with the corresponding quarter of the previous year. But, the sales of its battery based […] Read more
Charge Zone Debuts Renewable Energy To Power EV Charging Stations Updated On Tue, Jul 12th, 2022 by Saurenergy Charge Zone, a Gujarat-based provider of electric vehicle charging infrastructure, unveiled its ambitions to use renewable energy to power its high-speed charging network for electric buses and commercial cars across India. As per the company, its goal behind this motive is to achieve Net-Zero and to give clients more sustainable charging options across India. As […] Read more
Project Development Manager Updated On Tue, Jul 12th, 2022 by Saurenergy As our Project Development Manager you will be responsible for managing the development and structuring of renewable energy projects in India from early opportunity through the development cycle to financial close. Your ability to structure and negotiate complex transactions, to lead coordination of external and internal development processes, and to collaborate with multidisciplinary teams we be […] Read more
IEA Calls For Innovation To Bridge Gap Between Demand & Supply Of Metals For EV Batteries Updated On Tue, Jul 12th, 2022 by Saurenergy The autonomous intergovernmental organisation that shapes policies related to energy for countries, International Energy Agency (IEA) has published a 68-page report “Global Supply Chains of EV Batteries“. The report states that innovation alone can help bridge the fast increasing gap between demand and supply of critically important metals for EV batteries. The supply of critical […] Read more
M&M Plans To Sell 2 Lakh EVs By FY-27 Updated On Mon, Jul 11th, 2022 by Saurenergy Automobile major Mahindra & Mahindra has recently announced the sale of 2 lakh electric vehicles as its target by FY-27. Its path towards electrification will include the diverse portfolio of five electric vehicles in the coming five years. Rajesh Jejurikar, ED, Mahindra & Mahindra said that the company is looking to invest about $1 billion […] Read more
NTPC Plans to Raise Rs 5000 Crore From Sale In Renewable Firm Continues On Track Updated On Mon, Jul 11th, 2022 by Saurenergy State-owned National Thermal Power Corporation (NTPC) plans for a stake sale in its green arm in October this year seem to be moving on schedule. The power giant plans to raise upto Rs 5,000 crore through a stake sale while retaining control over the firm. The power major has begun to collect inputs from sovereign […] Read more
