AMI Report: The Road to Net Zero in Latin America Updated On Fri, Nov 18th, 2022 by Saurenergy A study entitled “The Road to Net Zero in Latin America” has been released by American Market Intelligence (AMI). Weaning the world off dirty fossil fuels, a.k.a., the road to net zero emissions, is perhaps the most challenging task our society has ever faced. By 2030, it will require more than US$2 trillion in annual […] Read more
Denmark’s Largest RE Firm Orsted Expands Presence in Texas, US Updated On Fri, Nov 18th, 2022 by Saurenergy The largest energy firm in Denmark, Orsted will be establishing a new office in Texas. The new premises that will be an EPC centre (engineering, procurement and construction) for its portfolio of clean energy solutions. The new office that is to come up in Texas will mark its opening in the first half of next […] Read more
Delhi’s Revfin Eyes 50 Cities as Part of #RevFinBharatYatra Campaign Updated On Thu, Nov 17th, 2022 by Saurenergy Delhi’s EV financing firm, Revfin has launched its comprehensive #RevFinBharatYatra campaign to promote electric transportation and environmental sustainability on a national scale through EV financing. As part of the campaign, Revfin solidifies and expands upon its position as a market leader in both the current and emerging markets. By the end of March 2023, Revfin […] Read more
Coal Firm Anglo American Secures 100% Renewable Electricity for Australian Ops Updated On Thu, Nov 17th, 2022 by Saurenergy Mining conglomerate Anglo American has said that it has sourced the supply of 100% renewable electricity for its operations in Australia from 2025, agreeing terms for a 10-year partnership with Stanwell Corporation, the Queensland Government-owned provider of electricity and energy solutions. Anglo American said that the deal will effectively remove all Scope 2 emissions from […] Read more
EBRD Raises Stake in Infinity- Egypt’s Largest RE Provider Updated On Thu, Nov 17th, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has announced that it is increasing its equity stake in Infinity, Egypt’s largest renewable energy developer, through an additional $ 41.5 million commitment. The EBRD is already a shareholder in the company, having invested US$ 60 million in 2020. EBRD said that $41.5 million will support Infinity’s plans […] Read more
AfDB Invests $20 Million in Fund for RE Expansion in Sub-Sahara Updated On Thu, Nov 17th, 2022 by Saurenergy African Development Bank (AFDB) has held in a key announcement that the Board of Directors of the AfDB Group has approved an equity investment of $20 million in Evolution Fund III. It is a pan-African clean and sustainable energy private equity fund that is mobilising about $400 million into renewable energy and resource-efficiency assets across […] Read more
Indonesia Inks JETP Deal for $20 Billion Investment in Renewables at G-20 Updated On Thu, Nov 17th, 2022 by Saurenergy At the mega meet of the G-20 countries in Bali, host Indonesia has inked deals with major countries and international institutions to attract some $20 billion to help the Southeast Asian country increase the use of renewable energy and reduce reliance on coal. The agreement is called ‘Just Energy Transition Partnership,’ or JETP that will […] Read more
EY Index Says Volatile Conditions Accelerate Global Renewables Market Updated On Wed, Nov 16th, 2022 by Saurenergy EY has released its latest index ‘Renewable Energy Country Attractiveness Index (RECAI 60)’ that shows that governments around the world are accelerating their renewables programs to help reduce their reliance on imported energy, in the face of continuing geopolitical tensions and economic uncertainty. RECAI 60 ranks the world’s top 40 markets on the attractiveness of […] Read more
Sungrow Delivers Rooftop Solar for COP27 Convention Center Updated On Wed, Nov 16th, 2022 by Saurenergy Global leading inverter and energy storage supplier for renewables, Sungrow, declares that it contributes its due share to COP27 occasions with the delivery of a rooftop solar project at the International Convention Center Sharm El-Sheikh, in which COP27 events are taking place. In cooperation with ACO (Arab Consulting Office), Solarize EGYPT and Amarenco group, the solar […] Read more