GCF Approves USD 137 Mn FMO Investment in India’s Green Growth Equity Fund Updated On Tue, Apr 6th, 2021 by Saurenergy The Board of GCF has approved the proposal by FMO to accelerate private and public sector investment in India’s green infrastructure projects. The Board of the Green Climate Fund (GCF) has approved Dutch development bank FMO’s proposal to accelerate private and public sector investment in India’s green infrastructure projects. Through the Green Growth Equity Fund […] Read more
SK Group Closes $1.6 Billion Investment in Plug Power to Advance Hydrogen Strategy Updated On Sat, Feb 27th, 2021 by Saurenergy Creation of Hydrogen Business Development Center and investments in core hydrogen businesses support SK’s goal of making sustainable energy solutions a reality for more people SK Group, South Korea’s largest energy provider and third-largest conglomerate, announced today the close of a $1.6 billion investment and strategic partnership with Plug Power Inc., a leading provider of hydrogen fuel cell and […] Read more
ACWA Power Signs Agreements for 1st Foreign Investment Wind Project in Azerbaijan Updated On Thu, Dec 31st, 2020 by Saurenergy ACWA Power has executed the official agreements for the 240 MW wind power project that will be located in the Absheron and Khizi regions of Azerbaijan. Following the signing of the implementation agreement for the USD 300 million Independent Power Project in January 2020, ACWA Power has now executed the official agreements for the 240 […] Read more
“Government Notifications Will Boost Hydrogen’s Advent As Fuel Of The Future” Updated On Wed, Sep 30th, 2020 by Saurenergy By Jay Cheema Recently, the Ministry of Road Transport and Highways (“MoRTH”) has notified amendments to the Central Motor Vehicles Rules, 2020 wherein it has issued standards for safety evaluation of the vehicles propelled by hydrogen fuel cells. The suppliers and manufacturers of such hydrogen fuel cells vehicles now have standards available to test the […] Read more
Uber to be Fully Zero-Emission by 2040, 100% EVs by 2030 Updated On Thu, Sep 10th, 2020 by Saurenergy Uber has committed to becoming a fully zero-emission platform by 2040, and for 100% of rides take place in EVs in US, Canadian, and European cities by 2030 Taking a cue from possibly the only positive outcome of the global lockdown due to Covid i.e. the one on the climate, with emissions in some months […] Read more
Capital Dynamics to Develop 9 Battery Storage Systems in California Updated On Thu, Aug 20th, 2020 by Saurenergy Capital Dynamics has signed an agreement with Tenaska to develop a portfolio of 9 battery storage systems located throughout California. Capital Dynamics, an independent global private asset management firm, has announced that its Clean Energy Infrastructure business has signed an agreement with US-based energy company Tenaska to develop a portfolio of nine battery energy storage system […] Read more
SIGECO Issues 2nd RFP Targeting Wind, Solar & Solar + Storage Updated On Thu, Aug 13th, 2020 by Saurenergy CenterPoint Energy’s Indiana-based electric and gas business, SIGECO is opening a new RFP to seek a combination of wind, solar and solar + storage resources CenterPoint Energy has announced that its Indiana-based electric and gas business, Southern Indiana Gas and Electric Co (SIGECO) is opening a new request for proposals (RFP) to seek a combination of wind, […] Read more
Solar Industry Paving Way Forward For Circular Economy Updated On Fri, Jul 31st, 2020 by Saurenergy Darshika Gupta, a mechanical engineer by training and part of the business development team at the Commercial and Industrial division of Amplus Solar, makes a case for the need to shift to a circular economy. The expansion of the global renewable energy (RE) sector has been evident in recent years, improving energy security by decreasing […] Read more
Tesla and PG&E Break Ground on 182.5 MW BESS System in California Updated On Thu, Jul 30th, 2020 by Saurenergy Tesla and PG&E have announced that construction work has begun on the 182.5 MW lithium-ion BESS at PG&E’s electric substation in Moss Landing, California. Tesla and Pacific Gas and Electric Company (PG&E) have announced that construction work has begun on the 182.5-megawatt (MW) lithium-ion battery energy storage system (BESS) at PG&E’s electric substation in Moss Landing in […] Read more