Five Ways Indian Railways Plans To Go Net-Zero By 2030 Updated On Thu, Jul 20th, 2023 by Saurenergy Indian Railways has one of the largest networks of rail lines in the world. In the last few decades, it successfully transformed from diesel to electric engines. The major source of transport and freight services in the country now is another fuel transition phase. Slowly, the Indian government entity is moving away from diesel […] Read more
Amritsar To Be ‘Solar City’ As Punjab Launches Action Plan Updated On Thu, May 11th, 2023 by Saurenergy The Punjab government has announced that the cultural city of Amritsar will be now developed as a ‘Solar City’ of the north-western state as state’s Renewable Energy Minister Aman Arora launched the Punjab State Energy Action Plan. The action plan is being implemented to ensure promotion of energy efficiency in buildings, industries, municipalities, agriculture, transport […] Read more
Vattenfall Issues £250 Million Hybrid Bond To Finance Green Energy Projects Updated On Thu, May 11th, 2023 by Saurenergy Swedish energy conglomerate Vattenfall has announced that it has successfully issued a £250 million green fixed-rate hybrid bond with an objective of financing eligible green projects that meet the requirements of green financing framework of Vattenfall. The company held that the bond issue was almost three times oversubscribed. This is Vattenfall’s first hybrid bond issued […] Read more
L’Oréal Signs Agreement with EDF for Renewable Energy Updated On Tue, Feb 28th, 2023 by Saurenergy French personal care company L’Oréal has partnered for renewable energy with EDF Renewables through a PPA. EDF Renewables is a wholly-owned subsidiary of the French utility EDF Group. As per the 15-year agreement, EDF will be focussing on two solar parks located in the Corrèze and Vosges regions, where EDF will be able to produce […] Read more
USA’s Ameresco to Acquire Italy’s Enerqos to Expand Portfolio in Europe Updated On Tue, Feb 28th, 2023 by Saurenergy US-based Ameresco, a developer, owner and operator of renewable energy has revealed that it has signed an agreement aimed at the acquisition of ENERQOS Energy Solutions S.r.l. ENERQOS is a renewable energy and energy efficiency firm that is based in Milan. With the acquisition, Ameresco’s expansion of portfolio in clean energy projects and solutions all […] Read more
India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market Updated On Mon, Feb 13th, 2023 by Saurenergy The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […] Read more
Punjab Renewable Energy Capacity At 2150 MW: RE Minister Aman Arora Updated On Fri, Feb 3rd, 2023 by Saurenergy The New and Renewable Energy Sources Minister of Punjab, Aman Arora, has said that the state has installed renewable energy projects of 2150 MW till date and is also focusing on energy efficiency and energy conservation efforts. The minister was speaking during an award felicitation programme for government and private sector entities at Confederation of […] Read more
China’s Hithium Launches New Energy Storage Battery Innovations at Energy Show Updated On Mon, Sep 26th, 2022 by Saurenergy Chinese battery storage manufacturer Xiamen Hithium Energy Storage Technology Co. has launched its newest offerings in battery product innovations at RE+ 2022- an energy trade show in Anaheim, USA. As one of latest two game-changing batteries, Hithium released the 300Ah Prismatic Cell tailored for electric energy storage which is capable of achieving “zero” loss in […] Read more
Energy Saving Services Will Invest 150 Cr To Upscale Energy Efficiency Updated On Wed, Jul 20th, 2022 by Saurenergy State-Owned company, Energy Saving Services Ltd. (EESL) will make an investment worth Rs 150 crores to scale up 100 energy efficiency projects in several industrial facilities across various industries. EESL, a joint venture run by the ministry of power, said of this initiative, “To augment the use of energy efficiency solutions in the industry sector, […] Read more