Amazon to Source Green Electricity from Japanese Firm Itochu Updated On Wed, Feb 15th, 2023 by Saurenergy Global ecommerce and cloud storage giant Amazon will be sourcing green energy from Clean Energy Connect through Japanese trading house Itochu for its operations. Itochu will be developing renewable energy supply networks for the purpose in Japan and America. It will also supply green power to Meta and other companies in Japan and USA to […] Read more
Chemical Giant Lanxess to Source Green Electricity from Engie Updated On Wed, Feb 15th, 2023 by Saurenergy Specialty chemicals player Lanxess has said that it has signed power full supply agreements with energy company Engie for a total of 1,400 GWh for sites in Germany and Belgium. Lanxess said that more than half will be covered by corporate power purchase agreements (cPPAs) with guarantees of origin for green power. The cPPAs run […] Read more
ISA Hosts 13 African Countries to Share Best Solar Practices In Delhi Updated On Wed, Feb 15th, 2023 by Saurenergy The International Solar Alliance (ISA), in collaboration with Grid Controller of India Ltd (Grid-India) and West African Power Pool (WAPP), is hosting delegates from the West African Region in New Delhi from 14th to 18th February. About 60 participants from thirteen WAPP countries that include Burkina Faso, Gambia, Ghana, Guinea, Liberia, Mali, Niger, Nigeria, and […] Read more
Italy to Welcome Enel Green’s Solar Panel Gigafactory Updated On Wed, Feb 15th, 2023 by Saurenergy Enel has entered into a financing agreement with a pan-European commercial banking group UniCredit to pave the way for the finance of the expansion of a solar panel factory in Catania, Sicily, Italy. Investment, worth €560 million (US$600 million), will aid the development of the Italian PV Gigafactory (Tango). This is an industrial-scale manufacturing plant […] Read more
HPX Concludes 1st e-Reverse Auction Updated On Tue, Feb 14th, 2023 by Saurenergy Hindustan Power Exchange Ltd. (HPX), India’s third power exchange that counts PTC India Ltd, Bombay Stock Exchange, and ICICI Bank among its key backers has successfully concluded its 1st e-Reverse Auction (e-RA) based long duration contract for Indian Railways on February 12. The exchange simultaneously logged its highest single day volume of 36.18MUs. The first […] Read more
India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market Updated On Mon, Feb 13th, 2023 by Saurenergy The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […] Read more
Kaleshwaram Project In Telangana Will Not Have Floating Solar Updated On Mon, Feb 13th, 2023 by Saurenergy There will be no floating solar plants coming up in the Kaleshwaram Lift Irrigation Scheme area in Telangana. Telangana Energy Minister G Jagadish Reddy has clarified in the State Assembly that the floating solar idea has been dropped by the state government as it was opposed by the fishermen. The project, the world’s largest lift […] Read more
CIP Will Invest EUR 8 Billion In Offshore Wind Project In Portugal Updated On Mon, Feb 13th, 2023 by Saurenergy The Copenhagen Infrastructure Partners (CIP) has said it looks to invest EUR 8 billion in a mega offshore wind energy project in Portugal. According to reports, a spokesperson from the Denmark-based fund management firm CIP held that it will go for multi-billion investment in the Nortada offshore wind energy project. The wind project will be […] Read more
Employment in Solar & Wind Sector Rises Eight-Fold, New Study Points Updated On Mon, Feb 13th, 2023 by Saurenergy A joint report by three think tanks has revealed that the solar and wind energy sectors in India have added 52,700 new workforce in project development roles in the last financial year. This marks an eight-fold jump in the employment in this segment from financial year 2021. The new study is done by the Council […] Read more
