India’s L&T & Japan’s SMBC Conclude $107 Mn Sustainability Linked Loan Updated On Fri, Dec 2nd, 2022 by Saurenergy A Japanese multinational banking and financial services institution, Sumitomo Mitsui Banking Corporation (SMBC), and India’s multinational conglomerate company Larsen & Toubro Limited (L&T) recently successfully finalised a three-year, $107 million sustainability-linked loan. SMBC was the sustainability coordinator and lender. In a statement, L&T noted that its continuous dedication to its environmental, social, and governance (ESG) […] Read more
Adani Green Raises $200 Mn Through Yen-Denominated Refinancing Deal Updated On Fri, Dec 2nd, 2022 by Saurenergy Adani Green Energy Ltd (AGEL) has raised a Japanese yen-denominated loan to refinance its current debt for 350 MW of solar projects in the Indian state of Andhra Pradesh. This was done through its subsidiary Adani Solar Energy AP Six. The facility consists of an amortizing project loan for JPY 27,954 million ($200 million), with […] Read more
Meta & D. E. Shaw Renewable Sign 200 MW Clean Power Project in Arkansas Updated On Thu, Dec 1st, 2022 by Saurenergy The signing of a long-term renewable energy offtake deal with Meta was recently announced by D. E. Shaw Renewable Investments (DESRI), a significant U.S. producer of renewable energy. To come up in Phillips County, Arkansas, the Long Lake Project (also known as Long Lake) will be a 200 MWac project. To meet the region’s expanding […] Read more
India’s Policy Framework For Low-Carbon Electricity Generation Updated On Thu, Dec 1st, 2022 by Saurenergy India recently submitted its Long-term Low-Carbon Development strategy to the requirements of the Paris Agreement. The South Asian country aims to go carbon-neutral by 2070, requiring adopting new technological developments while taking care of all the associated risks. For this, the Policy framework that the country adopts will matter the most in its transition to […] Read more
GEDA Floats Tender for Setting Up 40 Electric Vehicle Charging Stations Updated On Thu, Dec 1st, 2022 by Saurenergy The commissioning, operation, and maintenance of 40 electric vehicle (EV) charging stations at various places around Goa are being solicited by the Goa Energy Development Agency (GEDA). Through the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) program, the charging stations will be installed on a design, build, operate, finance, and transfer […] Read more
Pune Municipal Floats Tender for Setting Up EV Charging Stations Updated On Thu, Dec 1st, 2022 by Saurenergy Pune Municipal Corporation (PMC) is looking for suggestions regarding the positioning, operation, and maintenance of public EV charging stations. There are 92 locations in PMC-owned parking lots, gardens, hospitals, and auditoriums where charging stations can be installed. The commissioning of the charging stations will be done through a public-private partnership model. The last date for […] Read more
IIT and IISER Researchers Create New Synthetic Photosynthetic System Updated On Tue, Nov 29th, 2022 by Saurenergy A new artificial light-harvesting system has been created by researchers from IISER-Thiruvananthapuram and IIT-Indore. This system efficiently harvests light for power conversion by simulating photosynthesis, the process by which plants absorb sunlight and make sugars. The study was released in the renowned “Royal Chemical Society – Chemical Science” publication. Officials claim that researchers from all […] Read more
Rajasthan Opens PM-KUSUM Online Land Registration Portal Updated On Tue, Nov 29th, 2022 by Saurenergy Under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM), Rajasthan has created the Saur Krishi Ajivika Yojna (SKAY) to encourage the development of decentralised solar projects at load centers with primarily agricultural usage in rural areas. By enabling farmers and landowners to lease out their unused or unproductive land on […] Read more
Renewable Power Capital, Eelpower Form JV for 1 GW Storage In UK Updated On Mon, Nov 28th, 2022 by Saurenergy Renewable Power Capital (RPC), a pan-European renewable energy investment platform backed by CPP Investments, has announced that it has entered into the battery storage market in Great Britain, in partnership with Eelpower, the UK specialist battery storage company. The official statement by RPC held that the new joint venture will acquire, build and operate utility-scale […] Read more
