Macquarie to Sell UK C&I Smart Meter Portfolio to Energy Assets Group Updated On Wed, May 12th, 2021 by Saurenergy Macquarie Specialised and Asset Finance (Macquarie) – part of Macquarie’s Commodities and Global Markets Group – has successfully divested Cortex Metering Solutions (CMS), a UK industrial and commercial (I&C) smart meter portfolio, to Energy Assets Group (Energy Assets). With more than 600,000 meters rented to more than 80 energy suppliers throughout Great Britain (GB), CMS […] Read more
KPTL’s Financial Results Q4 2020-21 Out; INR 187 Cr Consolidated Profit Updated On Wed, May 12th, 2021 by Saurenergy Leading global infrastructure EPC company Kalpataru Power Transmission Ltd (KPTL) yesterday released its financial results for the fourth quarter ended March 31, 2021, reporting multifold jump in consolidated net profit at Rs 187 crore due to higher revenues. While the total income in the quarter was Rs 4,104 crore as opposed to Rs 3,540 crore […] Read more
IEA Upgrades Solar To Energy ‘King’ In Outlook for 2021, 2022 Updated On Wed, May 12th, 2021 by Saurenergy The International Energy Agency (IEA), in its latest Energy market update, has flagged renewables as the only category which saw demand increase. based on this, and the competitive filed for renewables versus other energy options, the agency sees a solid future ahead for renewable energy, particularly Solar. For India, which has been hit hard by […] Read more
Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA Updated On Wed, May 12th, 2021 by Saurenergy Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […] Read more
€100 Billion SBI and EIB Climate Action Initiative Launched Updated On Wed, May 12th, 2021 by Saurenergy EIB and SBI have agreed to back a new initiative of €100 million for new high-impact climate action and sustainability business financing. On the margins of the recently concluded EU-India Leaders Meeting, the European Investment Bank (EIB) and the State Bank of India (SBI) have agreed to back a new initiative of €100 million for […] Read more
SPI Uplifts Lives of 2,412 Commercial and Micro-entrepreneurs in Rural India Updated On Wed, May 12th, 2021 by Saurenergy The SPI MED program has helped transform the lives of 2412 commercial and micro-entrepreneurs in rural India micro-entrepreneurs In a bid to create socio-economic opportunities for rural and micro-entrepreneurs, Smart Power India (SPI)’s Micro-Enterprise Development Program (MED) in India has helped rural communities harness electricity for productive uses. This has thereby boosted greater demand for […] Read more
Transmission Policy Would Unlock Clean Energy Growth: ACEG Updated On Wed, May 12th, 2021 by Saurenergy Building just 22 high-voltage transmission lines that are currently on hold in the US could increase national wind & solar generation by 50% Building just 22 high-voltage transmission lines that are currently on hold in the US could increase national wind and solar generation by 50 percent and create approximately 1.2 million jobs, according to […] Read more
Ujaas Energy Confirms its 7 MW Solar Plant in MP is Under Break Down Updated On Wed, May 12th, 2021 by Saurenergy Ujaas Energy has announced that its 7 MW solar power plant in Barod in Madhya Pradesh is under break down. In a regulatory filing, the firm stated that its “7 MW Solar Power Plant of the company situated at Barod location- Block no – S3 is under break down by fault identification and root cause […] Read more
PLI Scheme for Solar Manufacturing to Benefit Incremental Demand till FY30: Report Updated On Wed, May 12th, 2021 by Saurenergy According to a new report India’s solar modules manufacturing under production linked incentive (PLI) scheme will benefit incremental panels demand till the financial year 2030 (FY30). Ind-Ra estimates that the allocation of INR 45 billion towards the solar modules manufacturing industry by the Ministry of New and Renewable Energy (MNRE) can benefit the sales of […] Read more
