Blending Finance Is Key to India’s Net Zero Pathway: IFC Report Updated On Wed, Sep 27th, 2023 by Saurenergy A latest report by the International Financial Corporation (IFC) on Blended finance describes finance as a key element in supporting India’s energy transition. The report said that the blended finance can drive more private capital to high-impact climate projects, says an IFC report. The report, Blended Finance for Climate Investments in India, highlights blended concessional […] Read more
Xylem & Lorentz Partner for Solar-Powered Pumping Solutions Updated On Fri, Sep 22nd, 2023 by Saurenergy US-based water technology provider, Xylem and German solar water pump manufacturer, Lorentz have partnered to expand the availability of solar-powered pumping systems globally. These sustainable pumping solutions are commonly used in agriculture, irrigation and drinking water applications, enabling water managers to address decarbonisation goals while reducing operating costs. Lorentz said that climate-related droughts and severe […] Read more
Airtel To Source 23,000 MWh of Renewable Power For 6 Data Centers Updated On Mon, Sep 4th, 2023 by Saurenergy Telecom operator Airtel today announced that it would purchase 23,000 MWh of renewable energy by Q4 FY 23-24 for its data center company, Nxtra. The telecom firm will acquire stakes in the renewable energy project companies established by Continuum Green India Pvt. Ltd. and Vibrant Energy Holdings Pte. Ltd. to power six of Nxtra’s Edge […] Read more
Indian Airports Move Towards Renewables, Glare Hazards Pose New Challenge Updated On Fri, Sep 1st, 2023 by Saurenergy By-Ravleen Kaur Earlier in March, the Airports Authority of India (AAI) announced that it will use 100 percent renewable energy at all its airports by 2024. AAI is India’s public sector airport developer and operator. Of the 137 airports it manages, the statutory body has, already commissioned in-house solar plants at 38 airports with a capacity of 40 […] Read more
North Canada to Welcome its Biggest Solar Plant from Mining Group Rio Tinto Updated On Fri, Aug 11th, 2023 by Saurenergy Spain’s mining group Rio Tinto’s Diavik Diamond Mine is set to establish the largest solar power plant across Canada’s territories. The plant will boast of more than 6,600 solar panels. The project will generate close to 4,200 MWh of carbon-free electricity annually for the mine. Commercial production from the operation is slated for completion in […] Read more
Electronica Finance Limited Signs US$15 Mn Deal with ResponsAbility Investments AG Updated On Tue, Aug 8th, 2023 by Saurenergy Electronica Finance Limited (EFL), a Pune-based Non-Banking Financial Company (NBFC) specialising in financing MSMEs with a focus on financial inclusion and energy efficient machine financing, has signed a US$15 million deal from Global Climate Partnership Fund (GCPF), managed by responsAbility Investments AG. The finance provided under the deal will be for six years and the […] Read more
China Surpasses Coal with 1.32 Billion Kw of Renewable Capacities Updated On Tue, Aug 1st, 2023 by Saurenergy China achieved a significant milestone in its renewable energy sector by the end of June this year. Its installed capacity reached an impressive 1.32 billion kilowatts (Kw), surpassing coal-fired thermal power generation. This record-breaking capacity accounted for 48.8 percent of the country’s total installed power generation capacity. According to data from the National Energy Administration […] Read more
Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation Updated On Tue, Aug 1st, 2023 by Saurenergy A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning. The report highlights the significant reduction in GHC […] Read more
Trina Solar Gets Zero Carbon Factory Certificate in PV Industry Updated On Tue, Jul 25th, 2023 by Saurenergy Trina Solar has announced the certification of its Yiwu manufacturing facility as a Zero Carbon Factory. This is the first factory in the PV industry to be awarded zero carbon status by an independent agency, claims the firm. Trina Solar’s Yiwu factory was assessed by TiGroup, a certification body specialising in health, safety, environmental and […] Read more
