World Bank And Japan Sign RISE Pact to Boost Clean Energy Investments Updated On Wed, Feb 28th, 2024 by Saurenergy World Bank and Japan have signed an administration arrangement outlining the terms and conditions to implement the Resilient and Inclusive Supply-chain Enhancement (RISE) Partnership, which was officially launched in October 2023. The agreement was signed between the World Bank Vice President for Infrastructure, Mr. Guangzhe Chen, and the Executive Director for Japan at the World […] Read more
RenewSys Ink MoU with Telangana For Rs 6,000 Crore Investment in Solar Manufacturing Updated On Tue, Feb 27th, 2024 by Saurenergy Singapore-based integrated manufacturer of solar modules, RenewSys India Private Limited has signed a Memorandum of Understanding (MoU) with the Telangana government, regarding establishing several manufacturing units for Photovoltaic (PV) modules and PV cells within the state. The agreement is about a phased investment totaling Rs 6,000 crore, slated to extend until the financial year 2028. […] Read more
PGCIL Approves Rs. 655.75 Cr. Investment For Two Transmission Projects Updated On Tue, Feb 20th, 2024 by Saurenergy Power Grid Corporation of India Limited (PGCIL) recently announced the approval of two investment projects worth Rs. 655.75 crores by its board of directors. The project included the implementation of unified load dispatch and communication (ULDC) phase III (SCADA/EMS upgradation project –northern region SLDCs) at an estimated cost of Rs 514.66 crore. The committee of […] Read more
Renewable Investments In Africa Need To Grow 5 Times: Report Updated On Tue, Feb 13th, 2024 by Saurenergy A new report by think tank Climate Analytics finds $8 trillion of investment is needed for new renewables and $4 trillion for grid and storage infrastructure to deliver the 2030 tripling goal agreed at COP28 – or combined, $2 trillion a year on average. Using climate finance to mobilise $100 billion a year for the […] Read more
Global Clean Energy Investment Jumps 17%, Hits $1.8 Trillion: BloombergNEF Updated On Thu, Feb 1st, 2024 by Saurenergy The latest report on Energy Transition published by energy think tank BloombergNEF said that the global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion. The report titled, ‘Energy Transition Investment Trends 2024 ‘, said that this number is a new record level of annual investment and demonstrates the resilience of […] Read more
Biden Administration Announces $207 Mn Investment In Clean Energy Updated On Tue, Jan 23rd, 2024 by Saurenergy The US Department of Agriculture (USDA) Secretary Tom Vilsack recently announced USDA $207 million investment in renewable energy and domestic fertilizer projects. These projects are expected to lower energy bills, generate new income, create jobs, and strengthen competition for US farmers, ranchers and agricultural producers. Many of the projects are being funded by President Biden’s Inflation […] Read more
Mukesh Kumar Appointed As Vice President (Finance & Investments) at Cleantech Solar Updated On Thu, Jan 18th, 2024 by Saurenergy Mukesh Kumar has been appointed as the Vice President of Finance and Investments at Cleantech Solar, a firm dealing with renewable energy solutions to corporations in India and Southeast Asia, the firm announced in its latest press statement. Mukesh has spent the last 14 years dedicated to the renewable energy segment and has experience of […] Read more
US Announces $104mn Investment Plan For New Net-Zero Facilities Updated On Thu, Jan 18th, 2024 by Saurenergy The US Department of Energy (DOE) recently announced $104 million for energy conservation and clean energy projects at 31 Federal facilities. The latest step is part of President Biden’s strategy to re-establish the federal government as a sustainability leader. The funding announced by the President is part of the DOE’s Assisting Federal Facilities with Energy […] Read more
US Announces USD $34mn Investment To Improve 12 Electricity Projects Updated On Wed, Jan 17th, 2024 by Saurenergy US’s Department of Energy (DOE) made an announcement for investing $34 million in 12 projects across 11 states. The project aimed at strengthening and modernising America’s aging power grid through the development of cost-effective, high-speed, and safe undergrounding technologies. These projects claim to support undergrounding electric power lines, helping modernize the electric grid and replace […] Read more
