PowerGrid InvIT’s Rs 7735 Cr IPO to Open at Rs 99-100/Unit Price Band Updated On Tue, Apr 27th, 2021 by Saurenergy The PowerGrid Infrastructure Investment Trust (InvIT) has fixed a price band of Rs 99-100 per unit for its Rs 7,735 crore initial share sale, which will open for public subscription on April 29, 2021. The issue will close on May 3, 2021, and the bidding for anchor investors will open on April 28, 2021, according […] Read more
Global CO2 Emissions set for Second Biggest Increase in History: IEA Updated On Tue, Apr 27th, 2021 by Saurenergy A new report finds global energy-related CO2 emissions to be rising by 1.5 billion tonnes in 2021 – their second-largest increase in history A new report by the International Energy Agency (IEA) has predicted that the global energy-related CO2 emissions will be rising by 1.5 billion tonnes in 2021 – their second-largest increase in history […] Read more
Clean Hydrogen Production Costs to be Brought Well Below USD 2/kg by 2030: ETC Updated On Tue, Apr 27th, 2021 by Saurenergy In its parallel report, the ETC states that the production costs for clean hydrogen can be brought well below USD 2/kg by 2030. In its parallel report Making the Hydrogen Economy Possible: Accelerating clean hydrogen in an electrified economy, the ETC sets out the complementary role for clean hydrogen and how a combination of private-sector […] Read more
Pace of Renewables Deployment Must Grow by 5-7 Times by 2030: ETC Updated On Tue, Apr 27th, 2021 by Saurenergy The Energy Transitions Commission (ETC) has released a new report analysing the feasibility of achieving a net-zero greenhouse gas emissions (GHG) economy by 2050 and the actions required in the next decade to put this target within reach. The report Making Clean Electrification Possible: 30 years to electrify the global economy sets out why it is […] Read more
EU-Africa Green Investment Forum highlights Africa’s Green Growth scope Updated On Mon, Apr 26th, 2021 by Saurenergy Last Friday, United Nations Secretary General Antionio Guterres and European Commission President Ursula von der Leyen opened the EU-Africa Green Investment Forum- the largest event for dialogue centred on investment in Africa to take place since the beginning of the coronavirus global pandemic. Hosted by EU Portuguese Presidency and the European Investment Bank, the event was attended […] Read more
Sri Lanka’s WindForce Commences Trading on CSE above IPO Price Updated On Mon, Apr 26th, 2021 by Saurenergy On Thursday, Colombo-headquartered independent power producer WindForce Limited, commenced trading on the Main Board of the Colombo Stock Exchange (CSE) above its price of LRK 16/share after raising an initial public offering (IPO) for wind power projects in Sri Lanka and Senegal, amounting to LRK 3.2 Billion- the largest at the CSE since 2011- which attracted […] Read more
Bureau Veritas Acquires US-Based Renewables Construction Management Firm Updated On Mon, Apr 26th, 2021 by Saurenergy Bureau Veritas, a world leader in testing, inspection and certification (TIC), today announced the acquisition of Bradley Construction Management, a US-based leading provider of construction management services for the renewable energy sector. Bradley Construction Management provides owner’s representation as well as construction and site management assistance services for wind, solar and energy storage projects. The company has successfully supported the […] Read more
New CEO Says Honda Will Make Full Transition to EVs and FCVs by 2040 Updated On Mon, Apr 26th, 2021 by Saurenergy Japan’s second largest auto-maker Honda Motor Co. revealed on Friday that it plans to fully transition to electric vehicles (EVs) and fuel cell vehicles (FCVs) by 2040. The announcement was made by Toshihiro Mibe, who took on the role of the company’s chief executive and representative director in April this year. The new commitment to […] Read more
EnBW to Build Europe’s Biggest Fast Charging Station for all EVs Updated On Mon, Apr 26th, 2021 by Saurenergy EnBW is planning a new flagship charging station at the Kamener Kreuz autobahn interchange near Dortmund, Germany. With 52 charging points, it will be the biggest public fast charging station in Europe and will be powered by solar panels. As per the firm, the high power chargers have capacities of up to 300 kilowatts. Depending […] Read more