RPC, Greenfield Collaborate To Deliver 500 MW Of UK Battery Storage Updated On Wed, May 31st, 2023 by Saurenergy London based clean energy majors Renewable Power Capital (RPC) and Greenfield have collaborated to develop at least 500 MW of battery storage in the United Kingdom to enhance energy transition of the island country. RPC and Greenfield also announced the acquisition of two projects by RPC from Greenfield having a total capacity of 83 MW. […] Read more
New Fund by TDK Ventures to Invest $150 Million in Green Energy Updated On Mon, May 22nd, 2023 by Saurenergy Tokyo based TDK Corporation subsidiary TDK Ventures is launching its third fund that totals $150 million in new capital to provide push mainly to energy transition. TDK Ventures said that its novel fund will target early-stage investments in energy transition, electrification, and decarbonisation in the USA and Europe. With the coming of the new fund, […] Read more
Rockefeller Foundation, Ikea and Bezos Fund Backed GEAPP Launches India Plans Updated On Fri, May 5th, 2023 by Saurenergy In a significant fillip to the energy transition movement, GEAPP or the Global Energy Alliance for People and Planet has finally launched its India operations. Backed by heavyweights including the Rockefeller Foundation, Ikea Foundation and Amazon Founder Jeff Bezos’s Bezos Fund, the platform brings in a welcome dose of capital and global linkages to impact […] Read more
India’s Energy Transition – State of Play and Interesting Lead Indicators Updated On Fri, Mar 31st, 2023 by Saurenergy Energy Transition has transformed from mere buzz word a decade ago to a ray of hope for our future. A nation’s energy transition journey encapsulates a wide gamut of subjects – policies, schemes, finances, economic growth, technology. In a series of articles to be published, we will explore these subjects pertaining to India. But from […] Read more
Global Solar Developer Lightsource BP Marks Entry into German Market Updated On Wed, Mar 15th, 2023 by Saurenergy Global solar developer Lightsource BP has put a new local team in place in Berlin. With this, the solar developer has forayed into the German market. With its entry into Germany, the firm has expanded its European presence to ten countries. Germany has set itself the ambition of 215 GW of solar by 2030. Currently, […] Read more
Germany’s Consul General Says Germany Looking to Partner with K’taka on Renewable Energy Updated On Thu, Mar 2nd, 2023 by Saurenergy Achim Burkart, Consul General, German Consulate, Bengaluru, has said that Germany is looking for partnership with Karnataka. The country is eager to work with the Indian state on green and renewable energy projects. Burkart established that Karnataka boasts of the highest share of renewable energy mix. This fact makes it an ideal destination for exploring […] Read more
IOC Sets Sights on RE Capacity Addition, EV Charging Among Others in Restructuring Spree Updated On Mon, Feb 27th, 2023 by Saurenergy The Chairman of Indian Oil Corporation (IOC) Shrikant Madhav Vaidya has said that the CPSU has set its sights on green hydrogen plants at all its refineries. The timeline for this goal has been set for 2047. The announcement comes as part of the Rs 2 lakh crore planned for green transition towards net-zero emissions. […] Read more
India Needs Rs 33,750 Cr To Set Up Li-ion Cell, Battery Mfg Plants: CEEW Updated On Wed, Feb 22nd, 2023 by Saurenergy Lithium is now a crucial element that would drive the world towards energy transition in a major way. In a recent study -‘How can India indigenise lithium-ion battery manufacturing?’ released by the Council on Energy, Environment and Water (CEEW) said that India needs investments to the tune of Rs 33,750 crore to achieve the government […] Read more
European Investment Bank Greenlights India’s Large Scale Hydrogen Projects with 1Bn Euro Updated On Thu, Feb 9th, 2023 by Saurenergy In a major announcement that will give India’s Hydrogen projects a push, the European Investment Bank (EIB) has given its nod on joining the India Hydrogen Alliance (IH2A) and provide impetus to green hydrogen hubs on large scale for projects located in India. Following Indian government and EIB approvals, the funding is pegged at close […] Read more