Vantage Data Centers Source Green Energy from SolarAfrica Updated On Thu, Jun 9th, 2022 by Saurenergy In a significant development, Vantage Data Centers have signed a 20-year PPA with South Africa’s solar energy financing player – SolarAfrica – to enable Vantage to supplement the local grid that powers its Johannesburg (JNB1) data center campus with renewable energy. This investment will further drive the creation of renewable energy in the region by […] Read more
Vedanta Aluminium Commissions India’s Largest Li-Ion Forklifts Fleet Updated On Fri, Jun 3rd, 2022 by Saurenergy India’s largest aluminum producer and private sector miner, Vedanta Aluminium has announced commissioning India’s largest electric fleet of 27 forklifts. This electric fleet is powered by lithium-ion batteries. This is the first step in Vedanta Aluminium’s attempts to decarbonize its industrial vehicle fleet, and it was done in collaboration with GEAR (Gemini Equipment and Rentals […] Read more
KKR buying RE firm ContourGlobal for £1.75 billion Updated On Thu, May 19th, 2022 by Saurenergy Leading investment firm Kohlberg Kravis Roberts & Co (KKR) has announced that it is buying ContourGlobal, a renewable energy company. The deal is for £1.75 billion. According to KKR, the company is offering shareholders of ContourGlobal 263.6p for every share. This offer price represents a 36 per cent premium to the last closing price of […] Read more
AES to provide 450 MW renewable energy to Amazon Updated On Mon, May 9th, 2022 by Saurenergy Virginia, US based AES Corporation has announced that it has entered into two renewable energy Power Purchase Agreements (PPAs) with global e-commerce and cloud giant Amazon. As part of the agreements, AES will deliver renewable energy in the CAISO (California Independent System Operator) market and source it from a combined 450 MW of solar and […] Read more
The $12 Billion dollar Question. When Promoter, Group And Subsidiary All Go For a Cleanup Updated On Fri, Apr 1st, 2022 by Saurenergy Cleanups don’t go deeper than this. The Anil Agarwal owned $12 billion Vedanta Group, a mining major that has had its share of confrontations with environmentalists worldwide, has embarked on a major green push. It’s a push accompanied by similar moves at Subsidiary Hindustan Zinc limited. And not just that, all this comes even as […] Read more
India, Japan Partner for Electric Vehicles, battery storage, Biofuels, Green Hydrogen Updated On Tue, Mar 22nd, 2022 by Saurenergy Taking cooperation for net zero carbon emissions to the next level, India and Japan have instituted a ‘Clean Energy Partnership’ (CEP) by incorporating electric vehicles, EV charging infrastructure, solar sector development, biofuels, green hydrogen and battery storages. Japanese Prime Minister Kishida Fumio, was in India for the 14th India-Japan Annual Summit earlier this week. After […] Read more
Sungrow Joins EP100 Promising Higher Energy Productivity Updated On Wed, Mar 16th, 2022 by Saurenergy After RE100, which focused on signing up firms to commit to renewable energy use, the climate group has come out with the EP100, which is focused on energy productivity. And who better to sign up for that other than inverter solution major Sungrow, which has an installed global capacity of almost 225 GW now. Sungrow, […] Read more
Goldman Sachs Says ‘Hydrogen Generation’ Can Be A Trillion Dollar Market Updated On Thu, Feb 24th, 2022 by Saurenergy Goldman Sachs – major banker and think tank – says that hydrogen has a key role to play in the transition to net-zero carbon emission scenario and that hydrogen production has the potential to create a niche market worth more than $1 trillion every year. In a recent media interaction, Goldman Sachs’ commodity equity business […] Read more
Long-term Finance at Low Rates for Power, RE in Budget, expects ICRA Updated On Mon, Jan 17th, 2022 by Saurenergy Availability of adequate long-term financing at competitive rates is key in achieving India’s renewable goals, rating agency ICRA said as part of its pre-Budget expectations report. The Union Budget for FY23 will be tabled in the Parliament on February 1. The rating agency said that incentives and relevant policy measures are needed to promote investments […] Read more
