Author: Saur News Bureau

KKR to Invest $400 Million in Sterlite Backed Serentica Renewables

Kohlberg Kravis Roberts (KKR), a leading global investment firm, and Gurugram-based Serentica Renewables, a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, have announced the signing of definitive agreements. Under the agreements, KKR will invest $400 million in the company. Standard Chartered Bank acted […]

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Masdar, Infinity Joint Venture Powers COP 27 with Green Energy

There couldn’t have been a better occasion and a symbol for Masdar than to offer green energy coming from renewable sources for COP-27 under UNFCCC. A joint venture between UAE’s flagship RE company and Egypt’s Infinity called – Infinity Power Holding – announced that the solar PV plant it has developed in Sharm El-Sheikh is […]

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Iberdrola, AXA IM Alts Partner for 1-GW Normandy Wind Auction

Spanish multinational electric utility company Iberdrola is trying to make the most out of the French renewable expansion. In a fresh bid, Iberdrola has signed a Memorandum of Understanding (MoU) with global investment specialist AXA IM Alts for possible collaboration for upcoming projects in the offshore wind energy sector in France. Iberdrola is a participant […]

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A New Nanoscale Electrolyte for Lithium-Sulfur Batteries from American Elements

California based American Elements has announced that its engineers have invented a novel nanoscale electrolyte material for use in cutting-edge Lithium-Sulfur Battery technology. The official statement of American Elements held that the electrolyte is a ceramic compound of lithium, lanthanum, and zirconium oxide nanoparticles that is energy-dense and stable in a wider range of temperatures […]

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Huawei To Solarize Bangladesh’s Apparel Sector

The textile sector is one of the most polluting sectors with an especially high impact on a country like Bangladesh, which is a global apparel hub.  In a key development, Bangladesh’s top garment makers’ body Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has now partnered with Chinese ICT conglomerate and infrastructure maker Huawei in order […]

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Oorjan Cleantech Hits Milestone of Enabling 150 MW of Solar, $100 Mn Deployment

The Mumbai-based green energy startup Oorjan Cleantech has achieved a significant milestone by deploying $100 million (USD) in green capital and enabling the installation of 150 megawatts of solar power in just four years. India has been working to adopt renewable energy quickly as part of its strategy to combat climate change (RE). India aims […]

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UK’s PM Sunak Will Announce Accelerated Renewables Plan at COP27

Rishi Sunak, Britain’s Prime Minister, will pledge to hasten the UK’s switch to renewable energy when he speaks before the U.N. climate change summit at COP27. On November 2, UK’s PM Sunak decided at the last minute to attend the climate talks, reversing a decision to forego the yearly event that had been roundly criticised […]

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Panvel Municipal Corporation Floats Tender for Rooftop Solar at 5 Panvel Sites

At a time when rooftop solar is gaining traction in Maharashtra, the Panvel Municipal Corporation (PMC) has come up with a tender seeking a contractor to install a rooftop solar power project at PMC’s five key properties in the city. The corporation has selected Adyakrantiveer Vasudev Basudev Phadke Natyagruha, Fire Office Building, Dr Ambedkar Bhavan, […]

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