In Europe’s Largest Residential Financing, Berlin Unicorn Enpal Closes €855 Mn in Debt Funding Updated On Fri, Dec 16th, 2022 by Saurenergy Berlin-based solar systems maker, Enpal has secured debt funding worth €855 million. The fresh capital is aimed at providing impetus to solar adoption in all of Europe. Enpal, which was founded five years ago, is known for accelerating the adoption of solar systems in the residential sector. The financing comes at a crucial juncture for […] Read more
US, Canada, India will Make up 80% of Global Expansion of Biofuel Use: IEA Updated On Thu, Dec 15th, 2022 by Saurenergy A study titled “Analysis and Forecast to 2027” has been released by the IEA (International Energy Agency). The IEA’s main analysis of the industry, Renewables 2022, is based on recent changes in market conditions and policy. It projects the adoption of renewable energy technologies for electricity, transportation, and heating through 2027 while also examining the […] Read more
Tata Motors to Deliver 5000 Electric Sedan Cars XPRES-T EVs to Everest Fleet Updated On Thu, Dec 15th, 2022 by Saurenergy Tata Motors has announced the signing of an MoU with Everest Fleet Private Limited, an operator of shared mobility space in India. Under the agreement, the auto czar will deliver 5000 XPRES-T electric vehicles keeping the vision of a clean and green environment alive. The company said that moving forward in its journey towards accelerating […] Read more
Home Battery Storage: Are Car Companies Going Beyond EV Charging Systems? Updated On Thu, Dec 15th, 2022 by Saurenergy The advent of electric vehicles as a new mode of mobility also boosted the market for electric vehicle (EV) charging systems worldwide. The market is expected to grow at a CAGR of around 30 per cent between 2021-2028. While the rise of EVs resulting in the growth of the EV charging market is understandable, automakers […] Read more
Saera Electric Auto Anticipates 100% Rise in Sales Updated On Thu, Dec 15th, 2022 by Saurenergy Delhi-based electric vehicle manufacturer, Saera Electric Auto Private Limited (SEAPL) anticipates a 2X increase in revenue by the end of FY ’22–23. In the first two-thirds of the current financial year, SEAPL has already surpassed the 182 Cr threshold, up from 152 Cr in the previous financial year. By March 2023, Saera Electric will have […] Read more
Columbia Center Report on Renewables Investment To Developing Countries Updated On Wed, Dec 14th, 2022 by Saurenergy Two new reports on the factors that encourage and obstruct investment in renewable energy in developing nations were just released by the Columbia Center on Sustainable Investment (CCSI). In the first report, “Scaling Investment in Renewable Energy Generation to Achieve Sustainable Development Goals 7 (Affordable and Clean Energy) and 13 (Climate Action) and the Paris […] Read more
EIP Raises EUR 1 Billion For Energy Transition Projects In Rich World Updated On Wed, Dec 14th, 2022 by Saurenergy Energy Infrastructure Partners (EIP) has announced that it has raised €1 billion for the first close of its global energy transition infrastructure fund. The majority of the investment commitments come from the Swiss pension funds. Credit Suisse Investment Foundation contributed EUR 700 million of the total commitments. The funds are likely to be invested in […] Read more
Saudi Arabia’s PIF Acquires 9.5% Stake in Offshore Wind Player Skyborn Renewables Updated On Wed, Dec 14th, 2022 by Saurenergy The Public Investment Fund (PIF), the Kingdom of Saudi Arabia, has announced the acquisition of up to 9.5% in Germany based offshore wind developer and operator Skyborn Renewables, alongside Global Infrastructure Partners (GIP) which is a global, independent infrastructure investment fund. The Saudi Government has said that the investment will allow PIF to participate in […] Read more
NTPC Crosses Key Milestone of 1 GW Renewable Capacity Updated On Wed, Dec 14th, 2022 by Saurenergy NTPC Ltd, the country’s largest power generator, has crossed the 1GW annual capacity in the renewable energy (RE) segment by adding 1074.59 MW RE capacity in FY23 taking the total NTPC non-fossil capacity to 9.41%. With the successful commissioning of entire capacities of 150 MW & 90 MW Devikot Solar PV Projects at Jaisalmer, Rajasthan, […] Read more
