As California Looks To Fill Power Gap by 2022, RE’s Eye Opportunity Updated On Mon, Nov 11th, 2019 by Saurenergy For Countries like India, which are still hamstrung by capital, costs or a thermal legacy in their push to adopt renewables as fast they should, the state of California continues to provide an ongoing lesson . Be it mandating a target to decarbonise its energy sector by 2050, or the selective subsidies on both solar […] Read more
Interaction with Kelly Mermuys, Sales Director, Bazefield India, and Country Manager, 3E India Updated On Fri, Nov 8th, 2019 by Saurenergy Bazefield India is an arm of Norway-headquartered Bazefield AS. It is a software product company. It provides solutions for real-time monitoring, reporting, availability planning, stop and loss analysis and fact-based decision making. 3E provides consultancy and software services for better performance, lower cost, higher return. The company supports its clients in developing and operating […] Read more
Tata Steel to use Fleet of Tigor EV for Employee Transportation Updated On Fri, Nov 8th, 2019 by Saurenergy Tata Steel has taken the lead to introduce a fleet of Tigor EV from Tata Motors for its employee transportation in Jamshedpur. As part of its Go-Green initiative, Tata Steel has taken the lead to introduce a fleet of electric vehicles (EV) for its employee transportation in Jamshedpur. The company has partnered with Tata Motors […] Read more
McDonald’s Signs its First Large Scale Renewable PPA Updated On Fri, Nov 8th, 2019 by Saurenergy McDonald’s has announced a 220 MW virtual renewable PPA with Aviator Wind West, a portion of the Aviator Wind project located in Coke County, Texas. McDonald’s, Apex Clean Energy, and Ares Management Corporation’s Infrastructure and Power strategy, have announced a 220 MW virtual renewable power purchase agreement (PPA) between McDonald’s and Aviator Wind West, a […] Read more
Investments in Climate Action Increasing, but not Fast Enough: Report Updated On Fri, Nov 8th, 2019 by Saurenergy A new study shows that while investments in climate action have been steadily increasing, it remains far short of the economy-wide transformation required. Four years after world leaders negotiated the Paris Climate Agreement, national policies and market signals are starting to reflect the urgency of increasing finance into areas of the economy that address climate […] Read more
Azure Power Inks Subscription Pact to Raise $75 Mn Updated On Thu, Nov 7th, 2019 by Saurenergy Gupta further said “with this capital raise, our current committed projects will be fully equity funded.” Country’s one of the largest solar power developers and operators Azure Power has signed a subscription pact to raise USD 75 million via private placement of over sixty four lakh equity shares at USD 11.55 per share to Caisse de depot et placement […] Read more
Europe and North America to Cross 1 Million Workplace EV Chargers by 2025 Updated On Thu, Nov 7th, 2019 by Saurenergy The North America and Europe workplace EV charging markets could surpass a combined 500,000 charger units in 2022 and reach over 1.25 million by 2025 As grid operators, automakers, transit authorities, companies and governments prepare for the 37.2 million electric vehicles (EVs) set to be on road in 2025, interest in workplace charging opportunities is […] Read more
ADB Grants $451 Mn to Strengthen Power Connectivity in Tamil Nadu Updated On Thu, Nov 7th, 2019 by Saurenergy ADB has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the CKIC in Tamil Nadu The Asian Development Bank (ADB) has approved a USD 451 million loan to strengthen power connectivity between the southern and northern parts of the Chennai–Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu, […] Read more
Mainstream Power Closes $580 Mn Renewable Financing Deal in Chile Updated On Wed, Nov 6th, 2019 by Saurenergy Mainstream Renewable Power has reached financial close for the 1st phase of its wholly-owned and fully-contracted 1.3 GW wind and solar platform in Chile. Mainstream Renewable Power has reached financial close for the first phase of its wholly-owned and fully-contracted giant 1.3 gigawatts (GW) “Andes Renovables” wind and solar power generation platform in Chile. The […] Read more