Amazon Raises $1 bn Sustainability Bond, Issues $18.5 bn Debt Updated On Tue, May 11th, 2021 by Saurenergy Seattle-based tech giant Amazon.com Inc. issued its first sustainability bond yesterday, raising $1 billion to fund ongoing and new sustainability projects in renewable energy, clean transport, greener buildings and affordable housing. The total debt issued by the company on the same day was a whopping $18.5 billion. The sustainability bonds enable investors to join the firm in tackling […] Read more
India and the EU Commit to Energy Connectivity Partnership Updated On Mon, May 10th, 2021 by Saurenergy Last Saturday, India and the European Union agreed to bring the EU-India Roadmap 2025 in action and foster new synergies to jointly contribute to a safer, greener, cleaner, more digital, resilient and stable world. The day saw two key events- ‘India-EU Leader’s Meeting’ and ‘India-EU Business Roundtable’- being held simultaneously so that alliances in climate, […] Read more
Etrion Sees $2.5 Million Net Loss in FY 2021 Updated On Mon, May 10th, 2021 by Saurenergy Switzerland based independent solar power producer, Etrion has recently released its financial results for the first quarter of 2021 (Q1 FY21) ended March 31, 2021. During Q1-21, Etrions’s corporate segment generated negative earnings before interest, taxes, depreciation, and amortization (“EBITDA”) of USD 1.8 million and a net loss of USD 2.5 million, compared to a […] Read more
WattEV to Build ‘Megawatt E-Truck Stop’; aims for 12,000 HD Electric Trucks on California Roads by 2030 Updated On Mon, May 10th, 2021 by Saurenergy A small start-up with big ambitions is making a serious splash in the truck transport world by building the nation’s first 25-megawatt, solar-powered, electric-only public truck stop to serve electric truck transport between California’s fast-growing Central Valley and Southern California’s bustling ports and shipping hubs. WattEV, founded by an experienced team of telecommunications and satellite […] Read more
Battery Firm ESS to be Publicly Listed; Value Expected to Cross $1 Bn Updated On Mon, May 10th, 2021 by Saurenergy ESS Tech, a manufacturer of iron flow batteries has entered into an agreement that will result in it becoming a publicly listed company. ESS Tech, a manufacturer of long-duration iron flow batteries for commercial and utility-scale energy storage applications, and ACON S2 Acquisition, a publicly traded special purpose acquisition company, have announced they have entered […] Read more
As RE Continues to Expand, India’s Battery Storage Market a Sleeping Giant: IEEFA Updated On Mon, May 10th, 2021 by Saurenergy Grid integration of large-scale variable renewables will be one of India’s biggest challenges as it aspires to decarbonise its power economy through deployment of 450 gigawatts (GW) of renewable energy (RE) by 2030. Reaching this target from the current installed renewable capacity of 93 GW will require average annual renewable capacity additions of ~35 GW. […] Read more
India, Israel, UAE Sign Maiden Trilateral Trade Agreement Updated On Fri, May 7th, 2021 by Saurenergy At a recent event organised by the International Federation of Indo-Israel Chambers of Commerce (IFIICC) to discuss the ongoing business collaborations being pursued through IFIICC’s leadership across sectors, India, Israel and the UAE signed their maiden trilateral agreement. The partnership has been initiated by IFIICC, as part of which an Israel-based company, Ecoppia, is producing an […] Read more
Pakistan Must Shift Focus from Coal to Renewable Energy: IEEFA Updated On Fri, May 7th, 2021 by Saurenergy There is no second life for coal Pakistan’s intention to use coal for power production through gasification and liquefaction technologies is likely to cause harmful economic impacts and a subsequent increased reliance on fossil fuels in Pakistan, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Pakistan’s intention to explore […] Read more
Fusion Fuel Green Partners With CCC to Develop Hydrogen Plant Updated On Fri, May 7th, 2021 by Saurenergy The world is running after clean energy sources, and green hydrogen has evolved as one of the best possible sources of fuel or electricity. A green hydrogen technology company, headquartered in Ireland, Fusion Fuel Green PLC has announced that it has partnered with Consolidated Contractors Group S.A.L. (CCC), to develop a green hydrogen plant in […] Read more
