Vedanta, SRIPL Collaborate for 105 MW Renewable Power for Chhattisgarh Smelter Updated On Wed, Apr 5th, 2023 by Saurenergy Vedanta owned Bharat Aluminium Company Ltd. (BALCO) has said that it has signed an agreement with Serentica Renewables India Private Ltd (SRIPL) whereby the two firms will establish a special purpose vehicle (SPV) to source hybrid renewable energy for the aluminium operations in Chhattisgarh. Vedanta revealed in a regulatory filing “BALCO has entered into a […] Read more
Solar & Waste To Energy Specialist Sukhbir Agro Completes Rs 1,325 Crore Bond Issue Updated On Mon, Apr 3rd, 2023 by Saurenergy Renewable energy company Sukhbir Agro Enterprises Limuted (SAEL) has announced that it has secured Rs 1,325 crore by the way of issuance of bonds. SAEL has received the funds as long term financing which is denominated in rupees. The AA rated bonds are slated to mature a decade after in 2033. SAEL said in its […] Read more
UK’s Gemcorp Capital Seeds $150 Million Into Kenyan Clean Energy Platform Updated On Fri, Mar 31st, 2023 by Saurenergy UK based Gemcorp Capital Management Limited has committed a substantial capital investment into Milele Energy, a clean energy platform to be headquartered in Nairobi, Kenya that will focus on development, acquisition, and optimization of clean energy assets across sub-Saharan Africa. Gemcorp said that the seed investment includes funding for the planned acquisition by Milele of […] Read more
Canada Joins The Race To Offer Clean Energy Manufacturing Incentives Updated On Fri, Mar 31st, 2023 by Saurenergy After the US and it’s Inflation Reduction Act, The European subsidies for local manufacturing and India’s very own Production Linked Incentives (PLI) scheme it is now apparently the turn of Canada to get on to the local manufacturing bandwagon. The federal government led by Justin Trudeau has announced plans to introduce tax credit incentives and […] Read more
Energy Transition and Clean Energy Investment in India Report – 10 Key Takeaways Updated On Thu, Mar 30th, 2023 by Saurenergy Several factors effect the green energy transition, such as the developmental aspect. However, the transition is becoming a reality. India’s largest Investment Banking franchise Avendus, in its latest report, Energy Transition and Clean Energy Investment in India, gives a picture of business segments emerging across the green economy value chain. The report also gives an […] Read more
Iberdrola to Supply Over 1 TWh Renewable Power to Amazon Updated On Wed, Mar 29th, 2023 by Saurenergy In a key development that will step-up the decarbonisation of global e-commerce and cloud company Amazon, Spanish energy firm Iberdrola has inked its largest ever power purchasing agreement (PPA) under which it will develop large-scale renewable energy projects along with Amazon. The PPA is signed for the Iberdrola renewable energy projects – new wind and […] Read more
Southeast Asia Needs US$200bn for Swift Energy Transition by 2030: IEA Updated On Tue, Mar 28th, 2023 by Saurenergy The International Energy Agency (IEA) in its latest report has noted that Southeast Asia will need at least US$200bn worth of investment in the energy sector by 2030 to speed up their clean energy transition. As per reports, the investments in renewables need more impetus with sufficient policies to support the development of robust project […] Read more
Sunsure Energy in PPA with SLMG Beverages for 15 MW Solar Capacity Updated On Tue, Mar 21st, 2023 by Saurenergy Gurugram-based Sunsure Energy will be supplying 2.25 crore green units to Uttar Pradesh-based SLMG Beverages annually under the recent long-term power purchase agreement (PPA) signed between the two firms. The PPA has been signed with for a capacity of 15 MW in the state of Uttar Pradesh. The green units will be supplied to SLMG, […] Read more
Europe’s Solar Energy Surge: A Promising Solution Or Just A Palliative? Updated On Thu, Mar 16th, 2023 by Saurenergy Europe is in the middle of its biggest ever solar build out currently, as it seeks to build more solar capacity for every reason from more energy security to clean energy. But can solar deliver for Europe? Is it the panacea to energy security in the long term? Or is it doomed to over promise […] Read more
