Distributed Renewables Could Create 400,000 Jobs in India Updated On Tue, Jul 16th, 2019 by Saurenergy A jobs census has estimated that by 2023, distributed renewables will create 400,000 jobs in India, including 190,000 formal jobs, and 210,000 informal jobs The first annual jobs census measuring employment from decentralised renewables for rural electrification in Africa and Asia has estimated that by 2023 the sector will create 400,000 jobs in India – including 190,000 direct, […] Read more
Government to pay Damages to Consumers for Load Shedding Updated On Mon, Jul 15th, 2019 by Saurenergy R K Singh has confirmed that the aim of the Government is to have “One Nation One Grid” and that it will pay damages to consumers in case of load shedding. Union Minister for Power and New and Renewable Energy, R K Singh has said that the aim of the government is to have “One […] Read more
Greenko Raises $824 mn in Equity Funding From GIC and ADIA Updated On Fri, Jul 12th, 2019 by Saurenergy Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […] Read more
Tata Planning Rs 4000 Cr Li-Ion Battery Manufacturing Plant in Gujarat Updated On Fri, Jul 12th, 2019 by Saurenergy Tata Group is planning to set up a multi-crore lithium-ion battery plant in Gujarat’s DSIR area according to a senior state government official According to Jaiprakash Shivhare, managing director, Dholera Industrial City Development Limited (DICDL), Tata Group, has committed an investment of Rs 4,000 crore to set up a lithium-ion battery plant in Dholera Special […] Read more
Green Energy Investments Drop in First Half of 2019: Report Updated On Fri, Jul 12th, 2019 by Saurenergy According to a new report, the global investments in green energy projects in the first half of 2019 were $117.6 billion, a drop of 14 percent from the 2018 figure. The first half of 2019 saw a 39 percent drop in green energy investments in the world’s biggest market, China, to $28.8 billion, the lowest […] Read more
Vattenfall and ORE Catapult Launch £1.5 Mn Offshore Testing Programme Updated On Wed, Jul 10th, 2019 by Saurenergy A new £1.5 million programme from Vattenfall and ORE Catapult is offering testing for products and services for the offshore wind market A new £1.5 million programme from Vattenfall and ORE Catapult is offering UK innovators that are developing products and services for the offshore wind market the opportunity to test and demonstrate them on […] Read more
SunEdison Investing Rs 2.12 Cr for Majority Stake in two RE Firms Updated On Wed, Jul 10th, 2019 by Saurenergy SunEdison Infrastructure Limited has announced that its Board has approved the majority acquisition of two RE firms. Chennai-based renewable energy company SunEdison Infrastructure Limited (SIL, formerly YKM Industries Limited) has announced that its Board has considered and approved the majority acquisition of Megamic Electronics Private Limited and Enrecover Energy Solutions Private Limited. SunEdison, which is into […] Read more
E.ON To Switch On Renewable Energy for 3 Mn UK Customers Updated On Wed, Jul 10th, 2019 by Saurenergy German energy company E.ON will automatically switch its millions of UK customers to energy from 100% renewable sources at no extra cost. Termed as UK’s of the biggest switch towards green energy, German energy utility firm E.ON has announced to switch its three million UK customers to energy from 100% renewable sources at no extra […] Read more
EIB, Amundi Launch €1Bn Financing Program for European Energy Transition Updated On Wed, Jul 10th, 2019 by Saurenergy Amundi and EIB have signed a partnership agreement to launch the Green Credit Continuum investment programme with the goal to speed up the energy transition. With a view to deploying the new financing needed to meet the Paris Agreement targets in the EU, European asset management leader Amundi and EU green bond pioneer the European […] Read more
