Siemens Energy to Build Green H2 Industry in Egypt Updated On Fri, Aug 27th, 2021 by Saurenergy German company Siemens Energy has signed a Memorandum of Understanding with the Egyptian Electricity Holding Company to jointly develop hydrogen-based industry in Egypt with export capability. The agreement was signed by Christian Bruch, President and CEO of Siemens Energy, and Gaber El- Dessouki, Chairman of the Board of Directors of the Egyptian Electricity Holding Company […] Read more
Green Hydrogen Tech Can Decarbonise India’s Steel Sector: TERI Updated On Fri, Aug 20th, 2021 by Saurenergy Green hydrogen technologies have the potential to drastically reduce CO2 emissions from primary steelmaking in India, allowing the sector to industrialise without the need to “carbonise,” finds new research by the Energy and Resources Institute (TERI). The study entitled “Green Steel through Hydrogen Direct Reduction: A Study on the Role of Hydrogen in the Indian […] Read more
Green Bonds Worth $3.6 B Issued by Indian RE Developers in H1 2021 Updated On Thu, Aug 19th, 2021 by Saurenergy According to a study released by CEEW-CEF, Indian renewable energy developers issued green bonds worth INR 26,300 crore (USD 3.6 billion) in the first half of 2021 alone, beating even previous one-year records. The CEEW Centre for Energy Finance (CEEW-CEF) is an initiative of the Council on Energy, Environment and Water (CEEW), one of Asia’s […] Read more
US Distributed Energy Major Nexamp Closes $680 million Fund Raise Updated On Wed, Aug 18th, 2021 by Saurenergy Nexamp, which has a focus on distributed solar and storage systems, has secured a $240 million equity investment led by Generate Capital. The company also recently raised $440 million in debt financing, bringing its total new funding to $680 million. The new funding will accelerate Nexamp’s ability to offer a flexible range of decarbonization options for customers, expanding its […] Read more
MoP Issues Draft Electricity Rules 2021 for Green Energy Updated On Tue, Aug 17th, 2021 by Saurenergy The Ministry of Power has released the “Draft Electricity (promoting renewable energy through Green Energy Open Access) Rules, 2021,” seeking comments from stakeholders within 30 days. The draft rules can be accessed here. These rules are proposed for the purchase and consumption of green energy, including the energy from ‘Waste-to-Energy’ plants. The draft rules address […] Read more
Tata Cleantech Report On The Indian Renewable Open Access Landscape Updated On Wed, Aug 4th, 2021 by Saurenergy A joint venture between Tata Capital Limited and International Finance Corporation (World Bank Group), Tata Cleantech Capital Ltd (TCCL), has made a report on the market trends and state comparatives of Indian Renewable Open Access. Globally, commercial and industrial (C&I) consumers, or corporates, account for 64% of the total electricity consumption. Under open access electricity […] Read more
Hamsa Asset Management Launching India’s first Renewable Energy Fund Updated On Fri, Jul 16th, 2021 by Saurenergy Chennai-based Hamsa Asset Management Pvt Ltd provides its investors a hassle-free approach to invest in renewable energy projects. Hamsa is launching India’s first renewable energy Alternative Investment Fund (AIF). It is making renewable energy accessible by providing a unique opportunity to invest in India’s first Renewable Energy AIF with a target 15% Equity IRR (internal […] Read more
Wind must solve Data Access Issues to compete with Fossil: ONYX Insight Updated On Tue, Jun 22nd, 2021 by Saurenergy For the wind energy sector to become truly competitive and maximise its contribution to the energy transition, it needs to get better at sharing operational data, finds a report by ONYX Insight – a leading provider of predictive data analytics and engineering expertise to the global wind industry. According to the report, the wind energy sector […] Read more
R.K. Singh Press Conference- Rules On Green Tariff Coming, More.. Updated On Tue, Jun 22nd, 2021 by Saurenergy At a virtual press conference linked to India’s role as a Global Champion for the Energy Transition theme at the UN High Level Dialogue on Energy 2021, Mr R.K. Singh, Minister of State (I/C) for Ministry of Power and MNRE and Minister of State for Ministry of Skill Development and Entrepreneurship, the Minister held forth […] Read more
