Actis Forms Blupine Energy to Develop renewable energy in India Updated On Fri, May 6th, 2022 by Saurenergy Actis has incorporated Blupine Energy Pvt Ltd, a company in India to develop renewable energy projects and store assets in India. In June, 2021, Actis had officially incorporated Blupine Energy in which the paid up capital was Rs 16 crore. Reports say that Bluline will become active immediately with a corpus of funds amounting $800 […] Read more
Nestle’s Trucks in UK Switch to Renewable Energy Updated On Fri, May 6th, 2022 by Saurenergy Nestle has revealed that its food and drink products will now be delivered around the UK and Ireland by trucks which emit up to 95% less carbon. Nestle has switched 75% of its owned fleet of trucks from diesel to Bio-LNG, a liquefied gas which is a by-product of waste. Nestle says that the move […] Read more
SmartEnergy and Prodiel form JV for Spanish solar PV Updated On Thu, May 5th, 2022 by Saurenergy Swiss investment company SmartEnergy and Spanish solar developer Grupo Prudiel have joined hands to develop a 4GW pipeline of solar PV projects in Spain. Greenfield PV has swung into action with a team of more than 50 experienced development specialists working on the portfolio of projects. Besides, SmartEnergy acquired a project pipeline exceeding 1GW of […] Read more
Developing Economies Such As India Can Have Climate Resilient Energy Independence Updated On Wed, May 4th, 2022 by Saurenergy Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […] Read more
Danish Wind Energy Component Maker Polytech Opens India Manufacturing Facility Updated On Fri, Apr 29th, 2022 by Saurenergy Polytech is establishing a facility in Bangalore, India. The facility will open in early Q4 2022. India is the third fastest growing wind market in the world with approximately 60 GW new capacity to be installed by 2030 (projected by Wood Mackenzie, 2021). This projection fits in well with the Indian Government’s recent announcement on […] Read more
IESA all set to host India Energy Storage Week 2022 this May Updated On Fri, Apr 29th, 2022 by Saurenergy In a bid to accelerate the adoption of energy storage, e-mobility, green hydrogen & micro-grids in India, India Energy Storage Alliance (IESA) is all set to host its flagship annual hybrid conference and exhibition, said an official statement. The ‘India Energy Storage Week (IESW)’ exhibition will be conducted from May 1 to May 6, along […] Read more
Azure Power to Develop 1700 MW renewable energy projects in Karnataka Updated On Fri, Apr 29th, 2022 by Saurenergy Azure Power has announced that it has signed an Expression of Interest (EoI) with Government of Karnataka to develop solar, wind, and hybrid renewable energy projects that will total to 1700 MW capacity. Azure said that the total investment commitment is Rs 13,300 crore. Azure Power is one of the leading independent sustainable energy solutions […] Read more
NTPC, Energy Vault sign MoU for gravity-based energy storage tech Updated On Wed, Apr 27th, 2022 by Saurenergy NTPC Limited, the largest power generating utility in India, has announced that it has signed a Memorandum of Understanding (MoU) with Energy Vault Holdings, Inc. The objective of the MoU is to collaborate and formalize a long-term strategic partnership for the deployment of Energy Vault’s EVx™ gravity-based energy storage technology and software solutions based on […] Read more
India, Germany Look To Raise Renewable Energy to 500 GW by 2030 Updated On Tue, Apr 26th, 2022 by Saurenergy The Indian Government officials met Jochen Flasbarth, State Secretary of the Ministry for Economic Cooperation and Development, Germany, in New Delhi and held talks to find ways to deepen the collaboration between India and Germany in the realm of renewable energy development and climate neutrality. Jochen Flasbarth, who arrived in India for a two-day state […] Read more
