UltraTech Cement Joins RE100, Target Still 2050 For Net Zero Updated On Fri, Sep 24th, 2021 by Saurenergy UltraTech Cement Limited, the largest manufacturer of grey cement, white cement and ready-mix concrete in India, has joined Climate Group’s RE100 initiative at Climate Week NYC 2021. As part of its commitment, UltraTech targets to meet 100 per cent of its electricity requirement through renewables sources by 2050. As the third largest cement manufacturer in […] Read more
Accepting Gas Power Plants as Sustainable Investments in Asian Taxonomies Heightens Greenwash Risk: IEEFA Updated On Thu, Sep 23rd, 2021 by Saurenergy Incorporating gas-powered generation as a sustainable investment into Asian taxonomies could have unintended consequences, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Doing so could lock Asia into a high-emitting future while also posing a credibility and greenwashing problem that Asian policymakers and ESG debt investors would be wise […] Read more
Chalet Hotels is Now World’s 1st Hospitality Co to Join Climate Initiatives Updated On Thu, Sep 23rd, 2021 by Saurenergy Chalet Hotels Limited (CHL), owner, developer and asset manager of high-end hotels in key metro cities in India, has claimed to be the first hospitality company, globally, to join Climate Group’s RE100, EP100 and EV100 initiatives linked to renewable electricity, energy efficiency and electric mobility respectively. The announcement comes during the Climate Week NYC 2021, […] Read more
Blue Bear Capital Raises $150 million For Investments in Cleantech Startups Updated On Wed, Sep 22nd, 2021 by Saurenergy Blue Bear Capital, a venture and growth equity firm focused on AI-powered solutions for energy, infrastructure, and climate, has raised $150 million to invest in companies to help them build past the startup phase. Like Blue Bear’s first fund, the new fund will focus on digital technologies making an outsized impact in markets including wind, […] Read more
BESCOM Must Encourage EV Charging at Home at Night to Manage Overloads, finds Study Updated On Tue, Sep 21st, 2021 by Saurenergy A new report by India Smart Grid Forum (ISGF) analyses the challenges involved in the installation and maintenance of EV charging infrastructure in Bengaluru city and suggests that authorities should encourage charging of vehicles at home during the night, among several other recommendations. The full study can be accessed here. The government of Karnataka had issued […] Read more
Yulu, Adani Partner to Provide 24×7 Battery Charging Access in Mumbai Updated On Tue, Sep 21st, 2021 by Saurenergy Bengaluru-based e-mobility service provider Yulu has partnered with Adani Electricity Mumbai Limited (AEML), one of the key Mumbai discoms, with the mutual objective of working towards building a sustainable city by reducing traffic congestion and air pollution in Mumbai. With this collaboration, Yulu will have access to multiple AEML premises across Mumbai, and will work […] Read more
Broad Reach Invests in 118MW Energy Storage Equipment of SYL Battery Updated On Tue, Sep 21st, 2021 by Saurenergy Broad Reach Power has invested in 118-megawatt-hour (MWh) energy storage equipment from SYL Battery to support the Cascade Energy Storage project in Stockton, California. Broad Reach Power is an independent power producer based in Houston which owns a 13-gigawatt portfolio of utility-scale solar and energy storage power projects in Montana, California, Wyoming, Utah and Texas. […] Read more
Vestas to Shut Down Three Offshore Wind Factories in Europe Updated On Tue, Sep 21st, 2021 by Saurenergy Wind turbine maker Vestas is shutting down three of its European factories in Germany, Spain, and Denmark as part of the integration of its offshore business. The Danish company intends to cease production at its factories in Lauchhammer, Germany; Viveiro, Spain and Esbjerg, Denmark. “Today’s fast-moving energy transition, rapid introduction of new products and recent integration […] Read more
Tariff Markdown on Manufacturing Tender. Unfair For Developers? Updated On Tue, Sep 21st, 2021 by Saurenergy Even as SECI continues to provide positive tidings in terms of finally finding buyers for the power from the manufacturing linked solar tender that has been pending since last year, the news of markdowns can’t be good for relevant stakeholders. Readers will recall that these tenders had a tough time finding takers for a long […] Read more
