Germany Looks to Fund India’s Energy Transition Projects with €1 billion Updated On Fri, Dec 2nd, 2022 by Saurenergy Germany has proposed to fund India’s energy transition projects with €1 billion. The projects are to be executed all over the country under a bilateral partnership between the two countries on green and sustainable development. As per discussions held between India and Germany, the funding will pave the way for over 20 projects spread over […] Read more
The Top 5: Why Data Centres Are A Favourite To Shift To Renewable Energy Updated On Tue, Nov 29th, 2022 by Saurenergy Whenever you use the internet, you’re connecting to one of the millions of servers distributed across hundreds of data centres located worldwide. Yes, these are the ‘cloud’ servers every digital user today is familiar with. While they are crucial for tech giants, people may not realise that these centres, with their extensive security requirements, and […] Read more
Green Markets: Playing a Pivotal Role in Renewable Energy Integration Updated On Mon, Nov 28th, 2022 by Saurenergy The Indian power sector is undergoing a paradigm shift with rapidly increasing renewable capacity addition in the system. Renewable electricity generation has seen over 15 per cent compounded annual growth rate over the last few fiscal years (2016-17 to 2021-22) vis-à-vis a total growth of around 3.5 per cent. The country now boasts of a […] Read more
Yakult Danone India Adopts its First Global Solar Plant with SunSource Energy Updated On Wed, Nov 23rd, 2022 by Saurenergy Yakult Danone India Private Limited, an Indian food firm with headquarters in Delhi, recently announced the successful commissioning of the Yakult Group’s first solar plant erected at their cutting-edge production site in Haryana, India. Noida-based solar & storage solution provider company, SunSource Energy is the company behind the solar project. This solar power facility was […] Read more
Ontario Teachers’ to Invest $805 Mn of NextEra’s Renewable Energy Projects Updated On Wed, Nov 23rd, 2022 by Saurenergy Ace global investor Ontario Teachers’ Pension Plan Board (Ontario Teachers’) has said that it has signed an agreement to invest approximately $805 million in a convertible equity portfolio financing with NextEra Energy Partners. Ontario Teachers’ said that it is committed to the investment as part of the sale of renewable energy assets from NextEra Energy Resources, […] 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
SunSource Energy Doubles Solar Goal by 2027 Updated On Tue, Nov 15th, 2022 by Saurenergy Noida-based solar & storage solution provider company SunSource Energy announced recently it will double its goal for solar energy deployment. By 2027, the objective will have risen from 550 MW to 1 GW. A growing customer base in India that wants to switch to cleaner, more environmentally friendly power would benefit from the increasing solar […] Read more
Will Hydrogen Contribute Toward Energy Transition Of India? Updated On Mon, Nov 14th, 2022 by Saurenergy The first few days of CoP27 have shown quite an enthusiasm for the potential of hydrogen to the energy transition. Government and private leaders have endorsed hydrogen as an opportunity and solution to decarbonise the economy. While the countries in the Middle East and North Africa (MENA) region are eager to exploit the potential of […] Read more
Singapore’s Sembcorp Signs Pact To Acquire Vector Green Energy For Rs 2780 Crore Updated On Mon, Nov 14th, 2022 by Saurenergy Singapore-based Sembcorp Industries has announced that its wholly-owned subsidiary, Sembcorp Green Infra Limited, has signed an agreement with India Infrastructure Fund II to acquire 100 per cent interest in Vector Green Energy Private Limited for a base equity consideration of approximately Rs 2780 crore (approximately S$474 million). India Infrastructure Fund II is a fund managed […] Read more
