ReNew Power Gets Green Project Finance of Rs 800 Cr from Bank of America Updated On Wed, Nov 9th, 2022 by Saurenergy ReNew Power has received a loan/ green project finance from Bank of America totaling roughly Rs 800 crore, the lender’s first local project financing agreement in the renewable energy industry after a protracted absence. The company will benefit from cheaper funding costs thanks to the five-year green loan facility in rupees, as the money will […] Read more
Three Firms That Have Surprised Us With Their Plunge Into EV Charging Updated On Wed, Nov 9th, 2022 by Saurenergy The EV charging business–fueling a car with electric power rather than petroleum-based gas or diesel – has always been a loss for oil companies who are being dragged into the electric future. It may not be that way anymore. With an increase of EVs on roads, many old industrial mammoths, especially major oil firms, are […] Read more
EU, Kazakhstan Sign Agreement on Critical Raw Materials, Batteries & Renewable Hydrogen Updated On Wed, Nov 9th, 2022 by Saurenergy On the sidelines of COP27 in Egypt, European Commission President Ursula von der Leyen and Alikhan Smailov, Prime Minister of Kazakhstan, have signed an MoU to develop renewable hydrogen and battery value chains. The objective is to boost the green and digital transformation of both sides’ economies. The agreement is also aimed at ensuring development […] Read more
European Energy’s Arm EE North America to Build 2 GW Solar Project in Arizona Updated On Fri, Nov 4th, 2022 by Saurenergy EE North America, renewable energy developer and arm of global energy player European Energy, has said that it has partnered with Elio Energy to develop a pipeline of 2 GW of solar power generation and energy storage in Arizona and surrounding states. The official statement of EE North America held that the solar and storage […] Read more
Jaguar Land Rover, Wolfspeed Partner for SiC Semiconductor Tech Supply Updated On Wed, Nov 2nd, 2022 by Saurenergy Jaguar Land Rover and Wolfspeed have announced a strategic partnership to supply Silicon Carbide semiconductors for next generation electric vehicles, delivering increased powertrain efficiency and extended driving range. Under its Reimagine strategy, Jaguar Land Rover is transforming to an electric-first business, to become carbon net zero across its supply chain, products, services, and operations by 2039. […] Read more
Indigenizing Solar Manufacturing: Charting the Course to a Solar Self-Sufficient India Updated On Tue, Nov 1st, 2022 by Saurenergy Building a strong solar manufacturing sector and supply chain in India will help support the economy and keep pace with rising domestic and global demand for affordable solar energy. Currently, the Indian solar manufacturing industry doesn’t have the capacity to produce PV modules to meet the majority of today’s domestic demand. With all that in […] Read more
Panasonic Demonstrates New Technology Solution to Optimise Renewable Energy Updated On Mon, Oct 31st, 2022 by Saurenergy Global electronics and RE late entrant Panasonic has announced that it has developed an innovation to enhance renewable energy. The company has introduced an experiment called ‘H2 KIBOU FIELD’ at the Kusatsu factory in Shiga Prefecture, Japan. In the novel experiment, Panasonic found that battery storages, pure hydrogen fuel cell generators and solar PV generators […] Read more
Friends Salt Works & Allied Industries Installs New Solar Power Plant in Bhavnagar Updated On Mon, Oct 31st, 2022 by Saurenergy Friends Group, a vertically integrated firm which is one of the leading salt producers and exporters, recently installed 4 MW of solar project in Asarana, Bhavnagar. Waaree Energies, a leading PV module manufacturer, will supply polycrystalline solar modules of 335 WP to Friends Group. The installation is collectively expected to generate over 5.8 million units […] Read more
DIAL Plans to Use More Electric Vehicles to Cut Pollution Updated On Fri, Oct 28th, 2022 by Saurenergy To reduce carbon emissions in the airport environment, DIAL, the operator of Delhi International Airport Limited, recently said that 57 electric vehicles had been deployed and more similar vehicles will be used soon by it. According to a release, the Delhi International Airport Ltd (DIAL) has started the adoption of electric cars and plans to […] Read more
