How E-Vehicles Are Contributing Towards Sustainable Development Updated On Tue, Nov 22nd, 2022 by Saurenergy By MS Chugh, Founder and Chairman, Aponyx EV With the rapid growth of environmental pollution and climate change, the need for innovative solutions and technologies has increased in several industries, including the automobile industry, since one of the primary sources of air pollution in cities is vehicle exhaust. The most significant advantage of electric vehicles […] Read more
Sympower Funding Crosses EUR 25 Mn to Help RE Expansion, Power Networks in Europe Updated On Tue, Nov 22nd, 2022 by Saurenergy The total funding of the Amsterdam-based Sympower has reached to EUR 25 million as the start-up in climate tech has received a fresh funding of EUR 3 million as the company delves in technology that helps to balance the supply and demand of electricity across networks. The start-up is expected to expand across Europe. The […] Read more
CERC Quashes Avaada’s Plea for Extension of LTA Operationalisation Date Updated On Tue, Nov 22nd, 2022 by Saurenergy The Petitioners, Avaada Energy Private Limited (AEPL) and Avaada Sustainable RJ Project Private Limited (ASRJPPL), Petitioner have filed petitions against Central Transmission Utility of India Limited (CTUIL) to extend the start date of Long Term Access (LTA) granted to AEPL from 23.8.2021 to 12.5.2022. AEPL has stated that as per its letter dated 10.1.2022, it […] Read more
Microgrid to Attract Multibillion Investments By 2031: Guidehouse Insights Updated On Fri, Nov 18th, 2022 by Saurenergy A new report from Guidehouse Insights has said that Asia Pacific and Middle East and Africa currently lead the energy access microgrids market and are expected to continue leading the energy access across microgrids market through 2031. Revenue from microgrid investments in Asia Pacific will likely reach $7.7 billion by 2031, and microgrid revenue in […] Read more
Masdar, Jordan’s Ministry of Energy Sign Pact for 2 GW RE Projects Updated On Fri, Nov 18th, 2022 by Saurenergy UAE flagship renewable energy developer Masdar has signed an MoU with Jordan’s Ministry of Energy and Mineral Resources to explore collaboration in renewable energy projects with a total capacity of up to 2 GW. The MoU was signed by Dr Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and Chairman of Masdar, and […] Read more
Kolkata’s Bridge and Roof Co. Floats 2.25 MW Grid-Connected Solar Tender Updated On Fri, Nov 18th, 2022 by Saurenergy A Miniratna Category-I Public Sector Enterprise that delves into construction and infrastructure, Bridge And Roof Company India Ltd (B&CIL) has floated a 2.25 MW of grid-connected solar tender for Kidderpore Dock-II at Syama Prasad Mukerjee Port Kolkata, West Bengal. The last date for submitting the bid for this B&CIL 2.25 MW solar power project is […] Read more
EBRD Raises Stake in Infinity- Egypt’s Largest RE Provider Updated On Thu, Nov 17th, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has announced that it is increasing its equity stake in Infinity, Egypt’s largest renewable energy developer, through an additional $ 41.5 million commitment. The EBRD is already a shareholder in the company, having invested US$ 60 million in 2020. EBRD said that $41.5 million will support Infinity’s plans […] Read more
Solar Roofs: Countering Ecological Concerns of Installing Solar Farms in India? Updated On Thu, Nov 17th, 2022 by Saurenergy When one speaks of solar rooftops, generally an image of solar panels on private residences or small commercial buildings comes to mind. However, solar roofs are increasingly becoming a crucial source of generating renewable rooftop solar power worldwide. In addition to its solar rooftop installations on individual residences, India also needs to realise the potential […] Read more
EIB, AllianzGI Announce $100 Mn for Renewable Projects at COP27 Updated On Thu, Nov 17th, 2022 by Saurenergy The Emerging Market Climate Action Fund (EMCAF) has announced a $25 million investment into Alcazar Energy Partners II, a fund providing early-stage equity financing to develop, construct and operate renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia. This commitment is in parallel to EIB Global, the dedicated arm for […] Read more
