EIB Invests €100 mn to Support Small Scale RE Projects in Brazil Updated On Tue, Oct 22nd, 2019 by Saurenergy EIB has announced that it will provide EUR 100m to BDMG to support climate action projects in Minas Gerais, Brazil. The European Investment Bank (EIB) has announced that it will provide EUR 100m to Banco de Desenvolvimento de Minas Gerais (BDMG) to support climate action projects in Minas Gerais, Brazil. “Private companies and also municipalities will be […] Read more
EESL, NOIDA Join Hands to Install 100 Charging Stations Updated On Thu, Jul 25th, 2019 by Saurenergy The initiative is likely to save more than 4.04 tonnes of CO2 emissions per e-car per year. The government-backed Energy Efficiency Services Ltd (EESL) has entered into an agreement with the New Okhla Industrial Development Authority to fast-track the adoption of e-mobility by promoting robust EV infrastructure and installing around 100 public charging stations. The […] Read more
EESL Registers 70% Consolidated Revenue Growth in FY19 Updated On Tue, May 28th, 2019 by Saurenergy EESL has announced standalone financial results for the fiscal year 2018-19, posting Revenue Growth of 70%. Energy Efficiency Services Limited (EESL), a joint venture of PSUs of Ministry of Power (Govt. of India), registered a revenue of Rs 1,935 crores in FY19, a 37% increase over the previous fiscal, and pre-tax earnings growth of 178% […] Read more
Missing The Sunshine – Mini Grids in India Updated On Tue, May 21st, 2019 by Saurenergy Even as the solar story develops in India, there is a part of the sector that has quietly been working and making an impact in its own way. Yes, Mini Grids and even micro grids, in the limited opportunities they have had in the country, have made a strong case for themselves. Serving areas that […] Read more
New Aspirations with New Year! Updated On Thu, Jan 24th, 2019 by Saurenergy The New Year 2019 is ready to be kicked off with all new power promises and aspirations with the rising of the new sun. Everybody in the solar industry is also expecting that this New Year will achieve far greater milestones as compared to the previous year. They also hope, the New Year will bring […] Read more
POWERED Accelerator’s Second Cohort Shortlists 9 Women-Led Startups Updated On Tue, Jan 22nd, 2019 by Saurenergy Selected companies from the 2nd cohort will be supported with an equity-free seed fund of up to $10,000 after a successful first cohort in October. POWERED Accelerator, a first-of-its-kind global entrepreneurship programme, focusing on women-led businesses in the energy value chain, has shortlisted 9 women-led startups for its 2nd cohort. The 9 women-led startups shortlisted […] Read more
Melbourne Becomes First City to Power its Council Buildings with 100% RE Updated On Thu, Jan 17th, 2019 by Saurenergy The group agreed to purchase 88GWh of electricity per year, about half of the energy that will be produced by the 80MW Crowlands Windfarm. The City of Melbourne has announced that its entire council is now powered by 100 percent Renewable Energy. In doing so, the city has now become the first in Australia to […] Read more
EESL Appoints Director (Projects) and Director (Commercial) Updated On Wed, Jan 16th, 2019 by Saurenergy Venkatesh Dwivedi has assumed charge as Director (Projects) and S Gopal has assumed charge as Director (Commercial). Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the administrative control of the Ministry of Power, Government of India, has announced the appointments of Venkatesh Dwivedi as Director of Projects, and the appointment of S. Gopal as […] Read more
EESL Inks Pact for Rs 500 Cr First Long-Term Rupee Loan Updated On Wed, Jan 2nd, 2019 by Saurenergy The Punjab National Bank (PNB)-issued funds will be utilized by the company towards funding its capital expenditure for its flagship programmes including Street Lighting National Programme, Smart Meter National Programme, Solar Substation, and E-Mobility project. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Union Ministry of Power, has raised its first […] Read more