Association of Renewable Energy Agencies of States & Industry Body CMAI Join Hands Updated On Thu, Jan 19th, 2023 by Saurenergy Industry body Carbon Markets Association of India (CMAI) and Association of Renewable Energy Agencies of States (AREAS) have forged a partnership. They have joined hands to share knowledge and information on developments that are policy and regulations related. The two will work together for making progress in the carbon market and to encourage the set […] Read more
US Continues to be Most Attractive Market for RE Investment as China Follows; India Claims 7th Spot Updated On Tue, Jan 10th, 2023 by Saurenergy EY has released a report that provides an insight into the world’s 40 most attractive markets for renewable energy investment. The US has retained the top spot for years on EY’s list and in the latest edition too, the United States continues to be the most lucrative market for renewable energy investments. The Inflation Reduction […] Read more
Though India’s RE, EV Subsidies More Than Double in FY22, Support Low Vis-a-vis Ambition Updated On Wed, Dec 21st, 2022 by Saurenergy A study entitled ‘Mapping India’s Energy Policy’ a study conducted by IISD has made significant observations about subsidies in the renewable energy and EV sector and the government support extended to these sectors by way of subsidies. The key observations are as follows: Subsidies for fossil fuels on the declining trend, but RE, EV subsidies […] Read more
Cleanmax To Add 33.8 MW of RE Projects With Support From Meta Updated On Wed, Dec 14th, 2022 by Saurenergy To invest in 33.8 MW of brand-new renewable energy projects in India, Mumbai-based CleanMax Enviro Energy Solutions (CleanMax) has teamed up with Meta, the world’s largest internet corporation that owns facebook, Instagram and Whatsapp, among other properties. The projects will feature 21.6 MW of wind and 12.2 MW of solar power systems. The previous year, […] Read more
Djibouti Inks Pact For 10-GW Renewables & Green Hydrogen Project Updated On Thu, Dec 8th, 2022 by Saurenergy A Memorandum of Understanding (MoU) has been signed between renewable energy developer CWP Global and the government of Djibouti for the development of a 10-GW renewable energy and green hydrogen project in Djibouti. Djibouti presently has a mere 62% of its population that has access to electricity. CWP Global held that the RE project is […] Read more
eBikeGo’s Arm Vajram Electric Raises $1.5 Mn in Seed Funding Round Updated On Wed, Nov 23rd, 2022 by Saurenergy Mumbai-based OEM service provider and also a wholly owned subsidiary of eBikeGo company, Vajram Electric, recently raised $1.5 mn in seed funding round that was led by High Networth Individuals, such as Nikul Gala and family and included other well-known HNIs, including Anil Basa, Cyprian D’mello, and others. Vajram Electric is looking to create a […] Read more
Sympower Funding Crosses EUR 25 Mn to Help RE Expansion, Power Networks in Europe Updated On Tue, Nov 22nd, 2022 by Saurenergy The total funding of the Amsterdam-based Sympower has reached to EUR 25 million as the start-up in climate tech has received a fresh funding of EUR 3 million as the company delves in technology that helps to balance the supply and demand of electricity across networks. The start-up is expected to expand across Europe. The […] Read more
Masdar Acquires Arlington for Renewable Energy Storage in UK, Europe Updated On Wed, Oct 26th, 2022 by Saurenergy Renewable energy conglomerate Masdar has announced that it has acquired UK-based battery energy storage system (BESS) developer Arlington Energy that will enable Masdar to expand its presence in the UK and European RE markets and support countries’ net-zero objectives. Arlington Energy delves into developing, building, operating and financing flexible energy solutions; having taken over 170 […] Read more
Singapore Aims for Low-Carbon Hydrogen Towards Net-Zero by 2050 Updated On Tue, Oct 25th, 2022 by Saurenergy In a bid to march towards its net-zero goal, Singapore has set its sights on pursuing low-carbon hydrogen as part of its decarbonisation efforts. The Deputy Prime Minister of Singapore, Lawrence Wong, who is also its Finance Minister, has disclosed that the country will accelerate its climate goal to accomplish net-zero by 2050 as part […] Read more