EV Connect Secures $12 mn in Funding Led by Japan’s Mitsui Updated On Wed, Oct 23rd, 2019 by Saurenergy EV Connect, which has developed cloud-based solutions to expand the world’s EV charging ecosystem, has secured USD 12 million in funding led by Mitsui EV Connect has announced that it has closed a USD 12 million Series B funding round. Lead investors, Mitsui and Ecosystem Integrity Fund, are joined by other venture investors to support […] Read more
EIB Invests €100 mn to Support Small Scale RE Projects in Brazil Updated On Tue, Oct 22nd, 2019 by Saurenergy EIB has announced that it will provide EUR 100m to BDMG to support climate action projects in Minas Gerais, Brazil. The European Investment Bank (EIB) has announced that it will provide EUR 100m to Banco de Desenvolvimento de Minas Gerais (BDMG) to support climate action projects in Minas Gerais, Brazil. “Private companies and also municipalities will be […] Read more
ADB Invests Rs 704 Crore in Thai Green Bond Updated On Fri, Oct 18th, 2019 by Saurenergy ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […] Read more
Predictive Maintenance Key to Enhancing Safety and Productivity of Power Sector Updated On Fri, Oct 18th, 2019 by Saurenergy A new report looks at how predictive maintenance is becoming key to the power sector as it extends the operational life of infrastructure, while also enhancing safety & productivity Predictive maintenance is becoming integral to the power sector as it extends the operational life of field equipment and infrastructure in order to improve organisational profitability, […] Read more
Siemens Gamesa Signs Turbine Contracts Worth 359 MW in Chile Updated On Fri, Oct 18th, 2019 by Saurenergy Siemens Gamesa has signed 3 new orders to supply wind turbines worth a combined 359 MW in Chile for the development of wind projects Siemens Gamesa has recently signed three new orders to supply 359 MW in wind turbines to undisclosed customers in Chile, setting a record high of 640 MW of orders in the […] Read more
EESL, NIIF Partner for Smart Meters Deployment Across India Updated On Thu, Oct 10th, 2019 by Saurenergy EESL and NIIF have announced a new JV, IntelliSmart Infrastructure to implement, finance and operate the smart meters roll-out program of Discoms in India. Energy Efficiency Services Limited (EESL) and National Investment and Infrastructure Fund (NIIF) have announced a new Joint Venture, IntelliSmart Infrastructure Private Limited, to implement, finance and operate the smart meters roll-out […] Read more
Crisil Report on India’s Flagging Renewables Drive Draws Strong Rebuttal from MNRE Updated On Thu, Oct 10th, 2019 by Saurenergy Less than 4 days after reports first appeared in the media, including this one on Saur Energy, that used a CRISIL report to pan India’s renewables drive, comes a strong rebuttal from the Secretary of Ministry of New and Renewable Energy (MNRE). The denial, worded in strong terms and with more than a little data, […] Read more
Siemens Gamesa Wins Deming Prize for Quality Standards in India Updated On Sat, Oct 5th, 2019 by Saurenergy Siemens Gamesa has won the coveted Deming prize for its industrial operations covering all four of its manufacturing units and support functions in India Siemens Gamesa, one of India’s leading renewable energy company, has been awarded the coveted Deming prize for its industrial operations covering all four of its manufacturing units and other support functions […] Read more
SmartE Inaugurates 2 new EV Charging Hubs in Delhi Updated On Sat, Oct 5th, 2019 by Saurenergy SmartE has successfully commissioned two new EV charging hubs in Delhi-NCR at the Rajouri Garden and Uttam Nagar Metro Stations. Delhi-based electric mobility service provider SmartE has announced that it has successfully commissioned two new electric vehicle (EV) charging hubs in Delhi-NCR at the Rajouri Garden and Uttam Nagar Metro Stations. The company announced that […] Read more