Reliance’s Ambani Singles Out Green Initiatives As Game Changer In Message To Shareholders Updated On Mon, Aug 8th, 2022 by Saurenergy Mukesh Ambani, Chairman and Managing Director at Reliance Industries, in his annual message to shareholders, has highlighted progress on the group’s green energy initiatives as a key area to watch for the future. The group, which had announced a commitment to invest $10 billion into it’s new energy initiatives in 2021, has made significant progress […] Read more
MSEDCL’s 500MW Solar Tender Awarded to SJVN, Tata Power & Others Updated On Fri, Aug 5th, 2022 by Saurenergy Maharashtra State Electricity Distribution Company’s (MSEDCL) had announced an auction to purchase power from 500MW solar tender of grid-connected intrastate solar projects (Phase-VII). SJVN Green Energy, Juniper Green Energy, Tata Power Renewable Energy, Sukhbir Agro Energy, and Avaada Energy were announced as the winners. The tender was released by MSEDCL in June of this year. […] Read more
Nexeon Raises $200 Million To Fund Battery Materials Manufacturing Updated On Thu, Aug 4th, 2022 by Saurenergy Nexeon has announced that it has completed the second close of its fundraise resulting in a total investment of $170 million furthering to the announcement of its strategic partnership with and investment from Korea based SKC last January. $50 million is also being commercially invested in Nexeon’s technologies as a result of the investment round. […] Read more
CERC Rejects ReNew Power Plea On Force Majeure for 250 MW Wind Project Updated On Wed, Aug 3rd, 2022 by Saurenergy In an order dated July 29, the Central Electricity Regulatory Commission (CERC) has rejected multiple contentions by ReNew Power regarding a 250 MW ISTS connected wind energy project for 250 MW that it had won in 2018. ReNew had made SECI, as well as multiple state discoms that are buying power from the project respondents […] Read more
DGM-PPL Electronics Updated On Wed, Aug 3rd, 2022 by Saurenergy For the Secure Power Business, Energy Management Division, we are looking a new Project Procurement Leader (PPL) The LoB(Line of Business) is changing the way of working to be more Agile, the PPL will lead the procurement activities withing the Leagues or Squad. The Project Procurement Leader is part of a product development project team […] Read more
Microsoft Announces Success Of Hydrogen Fuel Cell Trial At New York Datacenter Updated On Wed, Aug 3rd, 2022 by Saurenergy Microsoft has announced that it has found a cleaner alternative to the diesel-powered backup generators for its data centres: hydrogen fuel cells. The software giant wants to become a zero-emission entity by 2030. Microsoft has revealed that it has executed a hydrogen fuel cell trial successfully at its server farm campus in Latham, New York. […] Read more
US Developer Longroad in $500 Million Equity Deal With MEAG Updated On Tue, Aug 2nd, 2022 by Saurenergy US renewable energy developer Longroad Energy Holdings, LLC (“Longroad”) has announced a $500 million equity investment by MEAG, acting as asset management arm for entities of Munich Re, alongside two of the company’s existing investors, the NZ Super Fund and Infratil, a listed entity managed by Morrison & Co. The investment will support Longroad’s strategic shift from […] Read more
Second-Life Lithium Battery Storage Repurposing Is a Huge Opportunity Updated On Tue, Aug 2nd, 2022 by Saurenergy BATX energies is one of those companies which are truly a product of the times. Set up as a lithium recycling startup by co-founders barely out of college, the firm is firmly focused on the circular economy, as the energy transition gathers space. In the news recently for a fund raise, we caught up with […] Read more
Metastable Materials Launches R&D & Innovation Centre in Bengaluru Updated On Mon, Aug 1st, 2022 by Saurenergy Urban mining startup Metastable Materials has inaugurated its maiden R&D and Innovation Centre in Bengaluru. The centre will look at accomplishing the multi-fold goals of carrying out equipment fabrication, design and development, and process optimization, among other strategic ambitions. The company’s newly-inaugurated facility, spread over a total area of 5,000 sq. ft., is equipped with […] Read more
