Zomato Deliveries To Be 100% Electric Powered by 2030 Updated On Mon, Jun 7th, 2021 by Saurenergy Gurugram based Food delivery giant, Zomato has taken a key step towards its sustainable future goals. As part of its environmental projects to offset its delivery carbon footprint, Zomato has announced committing to 100 percent adoption of electric vehicles (EVs) for deliveries by 2030, on World Environment Day (June 5). The firm is also on […] Read more
Social Expert Updated On Fri, Jun 4th, 2021 by Saurenergy The Social Expert will oversee the strengthening of social risk- and impact management practices within Avaada, with particular focus on land, migrant labour, indigenous peoples, community consultation, stakeholder engagement and implementation of CSR Plan in general. The Specific Tasks Cover the Following:- 1. Work with Avaada’s operational teams on daily project development activities; Correctly applying […] Read more
Axpo & IWB Build the Largest Solar Plant in Swiss Alps Updated On Wed, Jun 2nd, 2021 by Saurenergy In a statement released yesterday, it was revealed that over the next four months, Axpo, Switzerland’s largest renewable energy producer, and IWB, a Basel-based power provider, will build the largest Alpine solar plant in Switzerland at the Muttsee dam. Following construction approval from the local municipality of Glarus Süd, the first components were transported to […] Read more
Spain: Total Signs a 45 MW Renewable Corporate Power Purchase Agreement with Merck1 Updated On Fri, May 21st, 2021 by Saurenergy Total and MSD, known as Merck & Co. signed a major renewable corporate power purchase agreement (CPPA) over a period of 10 years, with 90 GWh a year of clean energy produced by a 45 MW utility-scale solar power projects from Total’s portfolio in Spain, Castilla La Mancha region. As part of its ambition to get […] Read more
RE Certificates Worth Over Rs 9,000 Cr Sold in India to Date: CEEW-CEF Updated On Thu, May 20th, 2021 by Saurenergy According to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF), India’s Renewable Energy Certificate (REC) market has recorded net sales worth INR 9,266 crore during its decade of existence. The CEEW-CEF is an initiative of the Council on Energy, Environment and Water (CEEW), one of Asia’s leading think tanks. CEEW-CEF […] Read more
Adani to Acquire SB Energy’s 5 GW Portfolio in India’s Largest Renewables M&A Deal Updated On Wed, May 19th, 2021 by Saurenergy Adani Green Energy has signed agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank & Bharti Group Adani Green Energy Limited (AGEL), has announced that it has signed the share purchase agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank Group (80 percent) […] Read more
Hitachi ABB Power Grids Provides Battery Storage Tech to Thailand Updated On Tue, May 18th, 2021 by Saurenergy Switzerland-headquartered Hitachi ABB Power Grids Ltd. recently announced its selection by Impact Solar Limited, a subsidiary of Impact Solar Group, to provide Battery Energy Storage System (BESS) and controls technology to a “smart industrial park” project in Thailand, which is a part of the country’s largest private microgrid at Saha Industrial Park in Sriracha. Once commissioned, the park […] Read more
Hyundai Motor Group to Invest $7.4 billion in U.S. EV industry by 2025 Updated On Fri, May 14th, 2021 by Saurenergy In a press release yesterday, Hyundai Motor Group (HMG), comprising Hyundai Motor Company and Kia Corporation, announced its plan to invest $7.4 billion in the U.S. by 2025 to produce future EVs, enhance production facilities and further its investments in smart mobility solutions. The group’s investment will enhance overall product competitiveness by prioritising future mobility technologies, […] Read more
KPTL’s Financial Results Q4 2020-21 Out; INR 187 Cr Consolidated Profit Updated On Wed, May 12th, 2021 by Saurenergy Leading global infrastructure EPC company Kalpataru Power Transmission Ltd (KPTL) yesterday released its financial results for the fourth quarter ended March 31, 2021, reporting multifold jump in consolidated net profit at Rs 187 crore due to higher revenues. While the total income in the quarter was Rs 4,104 crore as opposed to Rs 3,540 crore […] Read more