President Murmu Unveils EV Yatra Portal App On Energy Conservation Day Updated On Wed, Dec 14th, 2022 by Saurenergy An EV yatra portal and a mobile application, which will enable in-vehicle navigation to the closest public EV charger, are set to go live soon, according to a release from the office of President of India, Draupadi Murmu. At a celebration for National Energy Conservation Day, the President will also present awards to the recipients […] Read more
EIP Raises EUR 1 Billion For Energy Transition Projects In Rich World Updated On Wed, Dec 14th, 2022 by Saurenergy Energy Infrastructure Partners (EIP) has announced that it has raised €1 billion for the first close of its global energy transition infrastructure fund. The majority of the investment commitments come from the Swiss pension funds. Credit Suisse Investment Foundation contributed EUR 700 million of the total commitments. The funds are likely to be invested in […] Read more
EBRD Steps-Up Wind Power Generation In Uzbekistan With $520 million Funding Updated On Wed, Dec 14th, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has announced a fresh deal to support Uzbekistan’s renewable energy through investment in low-carbon technologies to help align the country’s power-sector development with its commitments under the Paris Agreement. EBRD has said that it has arranged two syndicated loans worth $520 million to help construct and put […] Read more
Saudi Arabia’s PIF Acquires 9.5% Stake in Offshore Wind Player Skyborn Renewables Updated On Wed, Dec 14th, 2022 by Saurenergy The Public Investment Fund (PIF), the Kingdom of Saudi Arabia, has announced the acquisition of up to 9.5% in Germany based offshore wind developer and operator Skyborn Renewables, alongside Global Infrastructure Partners (GIP) which is a global, independent infrastructure investment fund. The Saudi Government has said that the investment will allow PIF to participate in […] Read more
NTPC Crosses Key Milestone of 1 GW Renewable Capacity Updated On Wed, Dec 14th, 2022 by Saurenergy NTPC Ltd, the country’s largest power generator, has crossed the 1GW annual capacity in the renewable energy (RE) segment by adding 1074.59 MW RE capacity in FY23 taking the total NTPC non-fossil capacity to 9.41%. With the successful commissioning of entire capacities of 150 MW & 90 MW Devikot Solar PV Projects at Jaisalmer, Rajasthan, […] Read more
Germany Offers EUR 112 Mn Euros to Kenya for Renewables, Hydrogen Updated On Tue, Dec 13th, 2022 by Saurenergy The German government is mulling to provide EUR 112 million or $118 million to Kenya to help the East African nation develop its renewable energy sector further and achieve 100% renewable energy faster. The funds being offered will also help Kenya for the manufacturing of green hydrogen. According to reports, the production of green hydrogen […] Read more
Indian Renewable Energy Sector Has Potential For $10 Bn Investment in 2023 Updated On Tue, Dec 13th, 2022 by Saurenergy India could draw close to $10 billion in renewable energy investment in 2023, which would be a positive given that public markets are still mostly closed to large-scale capital raising, according to Bank of America Corp’s top management. As investors aim to reflect the energy transformation in their portfolios, deals and investments will continue to […] Read more
South Africa Secures 975 MW of Solar Energy PPAs in 5th Tender Updated On Tue, Dec 13th, 2022 by Saurenergy South Africa seems to be gaining speed on renewables. The country has authorized power purchase agreements (PPAs) for a capacity of 975 MW of renewable energy projects under the ongoing Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The official statement of the government read, “Bid Window 6 asked for new generation capacity of 4,200 […] Read more
KREDL Floats Tender for 2 MW Solar Plant with 4.5 MW Storage System Updated On Tue, Dec 13th, 2022 by Saurenergy Karnataka Renewable Energy Development Limited (KREDL) has invited a Request for Proposal (RFP) for the supply of a 2 MW (AC) Solar PV Power Plant (2.2 MWp DC) with 4.5 MWh Battery Energy Storage System having 12 years Plant O&M at Pavagada Ultra Mega Solar Park of Tumakuru District in Karnataka. The last date for […] Read more
