Lowest Tariff Of Rs. 2.84/kWh Discovered In GUVNL 500 MW Wind Auction Updated On Mon, Jul 18th, 2022 by Saurenergy In Gujarat Urja Vikas Nigam’s (GUVNL) auction to buy power from 500 MW of grid-connected wind power projects, Rajpur Renewables, Juniper Green Energy, Solarcraft Power India 3, O2 POwer, TEQ Green Power XII, ACME Pokhran Solar, and Project Twelve Renewable Power were proclaimed winners (Phase-III). The greenshoe option for the tender had an additional capacity […] Read more
Mainstream And Aker Offshore Wind Join Hands For 27-GW Portfolio Updated On Mon, Jul 18th, 2022 by Saurenergy Renewable energy players Mainstream Renewable Power and Aker Offshore Wind have announced that they have inked an agreement to combine the two companies to create a stronger renewable energy company with a 27 GW portfolio. The official statement of the companies holds that the new company will foray into solar, onshore wind and bottom-fixed and […] Read more
Can Green Ammonia Solve India’s Subsidies Woes? Updated On Fri, Jul 15th, 2022 by Saurenergy Ammonia is one of the two future fuels, the other being Hydrogen, envisaged to replace fossil fuels. On production of these fuels by using power from renewable energy, they are termed as green hydrogen and green ammonia. This is one of the major requirements towards environmentally sustainable energy security for India. Ammonia is a chemical […] Read more
GE Signs Deal With Arafura, Eyes Rare Earths For EV & Wind Turbines Updated On Thu, Jul 14th, 2022 by Saurenergy Arafura Resources Limited and GE Renewable Energy have signed an MoU to forget a partnership in the set up of a sustainable supply chain for Neodymium-Praseodymium (NdPr) central to energy transition. The parties are looking at negotiating a long-term sales agreement for GE to purchase NdPr from Arafura’s Nolans Project in central Australia. The agreement […] Read more
Canadian Government Has Invested $765,000 to Deploy 117 V1G EV Chargers Updated On Wed, Jul 13th, 2022 by Saurenergy Canada-based Energy-Tech company, Peak Power has announced that it has received $765000 worth investment from the Canadian Government. With this investment, Peak Power will install 117 V1G EV chargers to achieve a zero-emission target under the Zero Emission Vehicle Infrastructure Program (ZEVIP). The total cost of the ZEVIP program is over $1.6 million. The V1G […] Read more
Volkswagen And Audi Seal Deal With Redwood On EV Battery Recycling In US Updated On Wed, Jul 13th, 2022 by Saurenergy Automobile majors, Volkswagen and Audi have resurrected their plans for old battery packs from their fleet of EVs. The two automobile giants have sealed a deal with Redwood to recover and recycle end-of-life EV battery packs from their networks in the United States. In accordance with this deal, Redwood will bring the packs to its […] Read more
Syngene Announces Acquisition of 26% Stake in Ampyr Updated On Wed, Jul 13th, 2022 by Saurenergy The corporate sector is bullish about investments in the renewable sector reasoned by the availability of cheap power and compulsions under ESG ambitions. In a latest development, Syngene International has revealed that it is looking to acquire up to 26 per cent equity stake in Ampyr Renewable Energy Resources Eleven, which is a SPV formed […] Read more
CEEW & Villgro Join Hands to Foster SHSPs In Villages Updated On Wed, Jul 13th, 2022 by Saurenergy A USD 3 million initiative introduction by Council On Energy, Environment & Water (CEEW) and Villgro, one of the world’s largest social enterprise, Powering Livelihoods is paving the way to bring clean energy-based solutions to the rural economy in a gender-inclusive manner. Powering Livelihoods works with enterprises developing innovative appliances, such as Sub-HP solar pumps, […] Read more
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
