Technip Collaborates with Greenko for Green Hydrogen Projects in India Updated On Wed, Mar 16th, 2022 by Saurenergy Technip Energies has signed a memorandum of understanding (MoU) with ZeroC to explore opportunities for the development of green hydrogen projects in India. Technip is a France based engineering company and ZeroC is a subsidiary of Indian renewable energy player Greenko Group. As per a statement of Technip, the company comes with its hydrogen expertise, […] Read more
Kerala Plans 200 MW Renewable Projects Over 10 Dams Updated On Tue, Feb 22nd, 2022 by Saurenergy The Kerala State Electricity Board (KSEB) is seeking bids to develop 100 megawatt (MW) each of wind projects and floating solar projects. All of these projects will be constructed in ten dams of the state. The government has said that the bids for the wind energy projects shall open on February 24. It has also […] Read more
Reliance Joins Altigreen in the EV Race Updated On Thu, Feb 10th, 2022 by Saurenergy Reliance New Energy Ltd (RNEL), a subsidiary of Reliance Industries Ltd (RIL), has announced an agreement with Altigreen Propulsion Labs Private Limited (Altigreen), a Bengaluru-based electric vehicle technology and solutions company for commercial last-mile transportation through two, three, or four-wheelers. . “Reliance New Energy Ltd (RNEL), a wholly-owned subsidiary of the company, has entered into an agreement […] Read more
PLI Battery Scheme Has 10 Bidders. Reliance, L&T, Amara Raja Bid Updated On Mon, Jan 17th, 2022 by Saurenergy Bids from 10 companies have been received for the government’s PLI Battery scheme, or ‘National Programme on Advanced Chemistry Cell (ACC) Battery Storage’. Seen as a key initiative to ensure 50 GWh of ACC battery storage manufacturing capacity in the country. The Rs 18, 400 Lucas-TVS, Exide Indcrore production-linked incentive (PLI) scheme for advanced chemistry […] Read more
Strong Underlying Demand To Support Solar PLI Scheme Expansion to Rs 24,000 Crore Updated On Mon, Nov 15th, 2021 by Saurenergy Power and MNRE Minister R.K Singh has informed a news agency that the government is planning to enhance funding under the production linked incentive (PLI) scheme for the domestic solar cells and module manufacturing to Rs 24,000 crore from the existing Rs 4,500 crore to make India an exporting power. The move follows the strong […] Read more
Reliance Adds NexWafe In Strategic Bets with EUR 25 million Investment Updated On Wed, Oct 13th, 2021 by Saurenergy Reliance Solar Energy Limited (RSEL), the subsidiary fronting renewable energy investments from Reliance Industries, has entered into an agreement with Germany-based NexWafe GmbH (NexWafe) for acquiring 86,887 series C preferred shares of face value of EUR 1 each. RSEL will also be issued 36,201 warrants which are exercisable for a consideration of EUR 1 per […] Read more
It’s Shopping Sunday For Reliance With 40% Stake in Sterling And Wilson Solar Updated On Sun, Oct 10th, 2021 by Saurenergy In a Stock exchange filing today, Sterling and Wilson Solar has informed the exchange about the signing of definitive agreements by Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd (Reliance), and Shapoorji Pallonji and Company Private Ltd (SPCPL), Khurshed Daruvala and Sterling and Wilson Solar Ltd (SWSL) to acquire 40.0% […] Read more
India H2 Alliance Formed With Focus on Hydrogen in the Energy Transition Updated On Wed, Apr 7th, 2021 by Saurenergy The India H2 Alliance is focussed on commercialising hydrogen technologies and systems to build net-zero carbon pathways in India. Global energy and industrial majors have come together to form a new energy transition coalition, the India H2 Alliance (IH2A), focussed on commercialising hydrogen technologies and systems to build net-zero carbon pathways in India. IH2A has […] Read more
Reliance and bp Form Partnership for new Indian Fuels and Mobility Updated On Fri, Jul 10th, 2020 by Saurenergy bp and Reliance Industries Limited have announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). bp and Reliance Industries Limited (RIL) have announced the start of their new Indian fuels and mobility joint venture, Reliance BP Mobility Limited (RBML). Following initial agreements in 2019, the two teams […] Read more
