World Bank Inks Project to Scale up Renewable Energy Technologies in India Updated On Tue, Dec 20th, 2022 by Saurenergy The World Bank has announced that it has signed agreements with the Government of India (GoI) and Solar Energy Corporation of India Limited (SECI) for a $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The objective of the financial agreements is to help India increase […] Read more
Prioritising Rajasthan’s Energy Sufficiency Sustainably Requires Incentivising State Genco Updated On Mon, Dec 19th, 2022 by Saurenergy Solar energy is the most readily available source of non-polluting renewable energy resource. The uniqueness of the solar technologies is that it offers a wide range of applications in solar PV as well as solar thermal technology in which case, the generated heat could be used for domestic as well as industrial applications and power […] Read more
Delhi’s Greenzo Energy Invests $50 Mn in Green Hydrogen in Gujarat Updated On Mon, Dec 19th, 2022 by Saurenergy Delhi’s Greenzo Energy India plans to invest USD 50 million in the construction of a 250 MW electrolyser manufacturing plant and the Balance of Plant (BoP) for producing green hydrogen at Sanand-II Industrial Estate, a division of Gujarat Industrial Development Corporation (GIDC), in Gujarat. According to corporate insiders, the manufacturing facility will, nevertheless, likely be […] Read more
India’s EV Two-Wheeler Firm Okaya EV Opens First Showroom in Sri Lanka Updated On Mon, Dec 19th, 2022 by Saurenergy Electric scooter maker Okaya EV has forayed into Sri Lanka, the company has announced. It claims to be India’s fastest growing electric two-wheeler brand and it said that its beginning in Sri Lanka shows the continuing with its commitment of delivering a wide range of e-scooters to its customers all across the globe. Okaya EV […] Read more
Overseas Green Bonds Help Indian RE Developers Raise Over USD 15 Billion Updated On Mon, Dec 19th, 2022 by Saurenergy Over the past five years, Indian renewable energy (RE) companies have relied on global bond markets to raise green bonds at attractive rates and open up domestic funding lines for new projects. Since 2014, Indian renewable energy developers have raised USD 15.5 billion in green bonds from international markets. The global rise in interest rates […] Read more
The Firms Reliance Bet On For Storage and Cell Manufacturing Updated On Mon, Dec 19th, 2022 by Saurenergy One of the largest private sector corporations in India and a multinational conglomerate, Reliance Industries Ltd. has shown a growing interest in the energy storage sector. Reliance New Energy Limited, a subsidiary firm, designated for its clean energy bentures has been busy – acquiring, signing agreements, or investing in firms. Be it Netherlands based LithiumWerks, […] Read more
Danish RE Developer European Energy Acquires Majority Stake in 3.6 GW Queensland Project Updated On Mon, Dec 19th, 2022 by Saurenergy Denmark-based renewable energy developer European Energy has acquired a majority stake in the Pacific Solar Hydrogen Project which is under development near Gladstone on central Queensland coast. The project, which will boast of 3.6 GW of photovoltaic power and battery energy storage, is being developed by Austrom Hydrogen and will be built on a 6,000 […] Read more
New Zealand’s Infra Investor Infratil Creates Australia-Focused Renewables Platform Updated On Fri, Dec 16th, 2022 by Saurenergy New Zealand-based infrastructure investor Infratil Limited has established a new renewable energy platform with exclusive focus on Australia – Mint Renewables Limited. Infratil announced that it is investing in Mint Renewables alongside the Commonwealth Superannuation Corporation (CSC). The investment will be managed on behalf of Infratil and CSC by Morrison & Co. Infratil informed that […] Read more
Our Order Book Is Likely To Exceed 4 GW by March 2023 at Envision Energy India Updated On Fri, Dec 16th, 2022 by Saurenergy Envision Energy India has had a great run in the past few months, with order bookings for its Wind Turbine Generators hitting record levels of over 2.7 GW for projects over the next 25 months. With production capacity set to hit over 3 GW by Q2 2023, the future promises an exciting set of possibilities […] Read more
