Energy company Genneia says it will invest $200 mln in RE parks Updated On Wed, Apr 13th, 2022 by Saurenergy Argentine thermal and renewable energy producer Genneia SA said on Monday it will invest $200 million in Argentine renewable energy parks over the next two years, at a time when the country is going through a severe energy deficit that affects its fiscal balance. “Tocota III” solar park, located in the province of San Juan, […] Read more
CRISIL Says Electric Vehicles Present Rs 3 lakh crore Opportunity for India by 2026 Updated On Wed, Apr 13th, 2022 by Saurenergy Ratings and research company CRISIL has come out with an analysis that the electric vehicles (EVs) present an opportunity of about Rs 3 lakh crore for various stakeholders in India in the five years through fiscal 2026. CRISIL says that the original equipment manufacturers (OEMs) and component manufacturers will have potential revenue of about Rs […] Read more
Canada’s e-Zinc raises $25 M to advance long-duration energy storage Updated On Tue, Apr 12th, 2022 by Saurenergy Canadian energy storage solutions provider e-Zinc has raised USD $25 million in Series A financing led by Anzu Partners, with additional funding from BDC Capital, Toyota Ventures, and Eni Next. Existing investors, including Seed Round lead investor Energy Foundry, also participated. e-Zinc will use this funding to commence the pilot production of its first commercial […] Read more
EU Will Increase Renewables Target: Timmermans, EU Climate Policy Chief Updated On Tue, Apr 12th, 2022 by Saurenergy Eliminating its dependence on Russian oil and gas seems to have a guaranteed a strong runway for renewables growth in the European Union. EU climate policy head Frans Timmermans has said that more ambitious targets are being developed for the EU for faster transition to renewable sources of energy. The announcement by Timmermans comes even […] Read more
FADA says Electric Vehicle Retail Sales Swells Three-Fold in India Updated On Mon, Apr 11th, 2022 by Saurenergy Electric vehicles adoption in India is playing out better than market estimates where fuel prices have been rising unabatedly of late. According to the data released by the Federation of Automobile Dealers Associations (FADA), electric vehicle retail sales in India saw over a three-fold jump last fiscal with the two-wheeler segment ruling the roost. FADA has gathered […] Read more
Solar resource variability in key global markets increases scrutiny on solar asset performance: Study Updated On Mon, Apr 11th, 2022 by Saurenergy A ten-year analysis of solar irradiance released today by Solargis, a data and software architect for bankable solar investments, has illustrated the impacts of significant resource variability on several key global solar markets including India, Australia and North America. As margins tighten for solar asset owners and investors, investment in high-quality data is crucial to understanding […] Read more
In Conversation with Nitin Gupta, Co-Founder, Attero Recycling Updated On Thu, Apr 7th, 2022 by Saurenergy As the EV transition picks up pace, India’s progress will depend on the availability of Lithium-Ion batteries, and their cost. It’s a challenge for a country wholly dependent on imports for now, a dependence as crippling as our dependence on oil imports. Alive to the challange, the government floated a PLI scheme for battery manufacturing, […] Read more
New $100M fund launched for climate tech invt in North America, Europe Updated On Thu, Apr 7th, 2022 by Saurenergy VC firm Voyager Ventures has announced its first fund of $100M. Fund I invests in early-stage climate technology companies in North America and Europe. “We’re excited to back Voyager as a stand-out early-stage climate tech investing firm,” said Eva and Logan Green, CEO of Lyft. “We are impressed by Sarah and Sierra’s knowledge, operational expertise, […] Read more
‘Now or never’ to avoid climate catastrophe, warns UN Panel Updated On Tue, Apr 5th, 2022 by Saurenergy UN climate experts said Monday that humanity has less than three years to halt the rise of planet-warming carbon emissions and less than a decade to slash them by nearly half. They warned that the world faced a last-gasp race to ensure a “liveable future”. That daunting task is still — only just — possible, […] Read more
