EIB Backs €2 Bn Investment to Scale up use of Renewable Energy Updated On Mon, Apr 26th, 2021 by Saurenergy EIB has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport. The European Investment Bank (EIB) has announced that it has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport, corporate innovation, improved housing, education and communications. Of which, […] Read more
Ola E-scooters and Hypercharger Network to Hit Market in July 2021 Updated On Fri, Apr 23rd, 2021 by Saurenergy Ola Electric, the electric vehicle arm of homegrown ride hailing firm Ola, announced yesterday that it will launch its much anticipated electric scooter in India as well as global market by July 2021, along with establishing a Hypercharger Network which will comprise 1 lakh charging points across 400 Indian cities. The company claims that the […] Read more
Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more
Amazon Announces New Investments in RE in US, Canada, Europe Updated On Thu, Apr 22nd, 2021 by Saurenergy Retail giant Amazon announced this week that it was investing in nine new utility-scale wind and solar energy projects in the US, Canada and Europe, thereby becoming the largest corporate buyer of renewable energy in Europe. The company said that with these 9 new projects, it now has 206 renewable energy projects worldwide that can generate 8.5 […] Read more
Cross Border Electricity Trade in the Age of Renewables- New Trends and Developments Updated On Tue, Apr 20th, 2021 by Saurenergy Trading in electricity, unlike what many people might know, has been an intrinsic part of trade for many regions of the world. After all, it is only a little different from the energy trading that we all understand, be it oil or gas. In markets like Europe, which have found ways to bring down barriers […] Read more
Sasol & Toyota to Build Hydrogen Mobility Corridor in South Africa Updated On Mon, Apr 19th, 2021 by Saurenergy At the ‘2nd Renewable Hydrogen and Green Powerfuels Webinar for South Africa’ organised recently, Sasol and Toyota South Africa Motors (TSAM) announced that they have teamed up to build a hydrogen mobility corridor on a key South African freight route. The project will not only help South African fuel giant Sasol in reducing its own […] Read more
IKEA Canada Partners With Second Closet and Lion Electric for Last Mile Delivery Updated On Sat, Apr 17th, 2021 by Saurenergy IKEA Canada takes bold step towards 100% zero-emission delivery by 2025 Northern Genesis Acquisition Corp. announces that its proposed business combination partner, The Lion Electric Company (Lion), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced that the company has received a purchase order from IKEA Canada’s partner, technology-enabled logistics and last […] Read more
Three Wheels United Partners With Porter to Help Auto Drivers Shift to EV Updated On Fri, Apr 16th, 2021 by Saurenergy Three Wheels United (TWU), a Bengaluru based tech-enabled financier of light electric vehicles, announced today that it has ventured into the cargo segment through a partnership with Porter, a leading intra-city logistics company based in Delhi. Through this partnership, the firm will facilitate loans for partner drivers of Porter to easily switch from conventional cargo […] Read more
Heineken to be Carbon Neutral in Production by 2030, Full Value Chain by 2040 Updated On Fri, Apr 16th, 2021 by Saurenergy HEINEKEN today announced a new ambition to decarbonise its own production by 2030 and its full value chain by 2040. This is the first in a series of refreshed Brew a Better World ambitions, which form an important part of the company’s new EverGreen balanced growth strategy. “In this Decade of Action1, we are committing to accelerating our actions […] Read more