AMP Capital Joins Sterlite Power To Establish Transmission Platform Updated On Tue, Dec 29th, 2020 by Saurenergy The two firms will invest USD 150 Million each in the development of four transmission projects Global investment manager AMP Capital has established a 50/50 partnership with Sterlite Power Transmission Limited (Sterlite Power) for the development of energy transmission projects in India. This marks the first investment in India for AMP Capital’s global infrastructure equity […] Read more
Vedanta Signs Declaration on Climate Change, Pledges to Carbon Neutrality Updated On Wed, Dec 23rd, 2020 by Saurenergy Vedanta, a leading natural resources company, has signed a declaration on climate change by pledging to move towards carbon neutrality. Vedanta, a leading natural resources company, has signed a declaration on climate change by pledging to move towards carbon neutrality at the Second India CEO Forum on Climate Change. The firm stated that the mission […] Read more
India’s EV Market to Grow at 44 percent CAGR Until 2027: IESA Updated On Wed, Dec 23rd, 2020 by Saurenergy In its latest report, IESA has forecasted that India’s EV market is expected to grow at a CAGR of 44 percent between 2020-2027. In its latest report, India Energy Storage Alliance (IESA) has forecasted that in its base case scenario – India’s EV market is expected to grow at a CAGR of 44 percent between […] Read more
R.K Singh Pushes For Consumer Rights in Power, With Electricity Rules 2020 Updated On Mon, Dec 21st, 2020 by Saurenergy The Power Sector finally sees a much delayed turn towards becoming more consumer centric, with the promulgation of a set of rules and obligations under the “Electricity (Rights of Consumers) Rules, 2020” issued today. Announcing the new rules today, R.K.Singh, the Union Minister of State (Independent Charge) for Power and New & Renewable Energy, said, […] Read more
Vestas Invests in CIP to Expand Presence Across Wider Range of Renewable Value Chain Updated On Mon, Dec 21st, 2020 by Saurenergy Vestas has invested in Copenhagen Infrastructure Partners, (CIP), the world’s largest dedicated fund manager in greenfield renewable energy infrastructure, to acquire a 25 percent minority stake in the investment management company, ref. Company Announcement no. 45/2020 of 18 December 2020. With the investment, Vestas seeks to create value across a wider range of the renewable […] Read more
Making Green Hydrogen a Cost-Competitive Climate Solution Updated On Fri, Dec 18th, 2020 by Saurenergy As global economies turn increasingly carbon neutral, IRENA drives hydrogen agenda and sees renewable hydrogen at least cost possible within decade Hydrogen produced with renewable electricity could compete on costs with fossil fuel alternatives by 2030, according to a new report from the International Renewable Energy Agency (IRENA) published today. A combination of falling costs for […] Read more
Clean Energy Goes Spiritual, As Key UP Cities To add 670 MW Rooftop Solar Updated On Thu, Dec 17th, 2020 by Saurenergy Uttar Pradesh energy minister Shrikant Sharma has announced that places of religious importance in the state will be powered by solar energy by 2024. Among the cities cited by him were Ayodhya, Mathura, Varanasi, Prayagraj and Gorakhpur. Rooftop solar would be the preferred medium to achieve the target of 670 MW, powered by central subsidies […] Read more
Perovskite Tech Company Swift Solar Secures $8 Mn in Series Seed 2 Funding Updated On Wed, Dec 16th, 2020 by Saurenergy Swift Solar has secured more than USD 8 million in Series Seed 2 funding, with an additional USD 1.5 million expected to close soon. Swift Solar, a solar PV technology company working on perovskite technology, has announced that it has secured more than USD 8 million in Series Seed 2 funding, with an additional USD 1.5 million expected to close soon, for a […] Read more
IESA & UNIDO Partner to Promote Innovations in Energy Storage in India Updated On Fri, Dec 11th, 2020 by Saurenergy IESA has partnered with UNIDO for FLCTD Innovation Challenge for technology innovation in beta deployment of energy storage in India India Energy Storage Alliance (IESA) has announced that it has partnered with the United Nations Industrial Development Organization (UNIDO) for “Facility of Low Carbon Deployment” (FLCTD) Innovation Challenge for technology innovation in the beta deployment […] Read more
