What Are Climate Bonds? Updated On Wed, Sep 21st, 2022 by Saurenergy According to the United Nations’ Intergovernmental Panel on Climate Change estimates, limiting the global temperature increase to 2 degree Celsius, the goal of the Paris Agreement, will require about $3 trillion of investment every year to 2050. Raising such huge investments is a challenge. To tackle it, governments and corporations are increasingly turning to Climate […] Read more
China’s Envision Energy to Supply Turbines for 198 MW Wind Project in Gujarat Updated On Wed, Sep 21st, 2022 by Saurenergy Chinese renewable energy conglomerate Envision Energy has announced it has received an order of 198 MW wind turbines from CleanMax, for a wind-solar hybrid project. CleanMax is Asia’s leading C&I renewable energy company. Envision said that the project is one of the largest hybrid projects developed in India under the Commercial and Industrial power offtake […] Read more
KKR Invests in Hero Future Energies in $450 Million Transaction Updated On Tue, Sep 20th, 2022 by Saurenergy New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […] Read more
TES, Strides Mobility Sign Agreement on EV Batteries, Charging Infrastructure Updated On Tue, Sep 20th, 2022 by Saurenergy TES, a global leader in sustainable technology services, has signed an MoU with Singapore-based transportation company, Strides Mobility to collaborate on lithium-ion battery recycling and electric vehicle charging infrastructure expansion in Singapore. Under the agreement, TES and Strides Mobility will work on EV battery recycling and charging as well as energy storage initiatives. The deal […] Read more
FTC Solar Launches New 1P Solar Tracking System Updated On Tue, Sep 20th, 2022 by Saurenergy Texas-based FTC Solar, that supplies solar tracker systems, software, and engineering services, has announced that it has introduced a new and differentiated, one module in portrait (1P) Solar Tracker Solution called ‘Pioneer.’ Nagendra Cherukupalli, Chief Technology Officer, FTC Solar, said, “Pioneer achieves a full 18 to 36 per cent pile count reduction per megawatt vs. […] Read more
Laos Govt, Energy Firms to Invest Over $2 Billion in 1.2 GW Wind Project Updated On Mon, Sep 19th, 2022 by Saurenergy The south-east Asian country of Laos is bullish on wind energy as it seeks to add to the country’s sustainability and strengthen the power export portfolio. In the latest development, the Laos Government and energy firms are looking to invest more than $2 billion for the development of wind energy of 1.2 GW in Lako […] Read more
Husk Power Systems to Establish 80 Rural Microgrids; Signs Microdebt Facility with EDFI ElectriFI Updated On Thu, Sep 15th, 2022 by Saurenergy Husk Power Systems, operator of the largest fleet of solar-hybrid microgrids across rural Asia and Africa, has set its sights on electrifying 80 additional communities in India with $6 million in new debt financing from the EU- funded Electrification Financing Initiative (EDFI ElectriFI). What the Microgrids Offer The 80 solar microgrids will prove to be […] Read more
Honda to Launch E-Rickshaw Battery Swapping, New E-Motorcycles in India Updated On Thu, Sep 15th, 2022 by Saurenergy Japan-based carmaker Honda has revealed its plans to establish a battery-sharing service for e-rickshaws in India. Honda said that it will achieve the task by the end of 2022. The maker has also launched its electric two-wheelers in India. The company said in a statement, “In India, Honda is planning to begin its battery sharing […] Read more
Examining the Biggest Polluters: Report Card of Transportation Industry Updated On Thu, Sep 15th, 2022 by Saurenergy The transportation sector is essential for economic growth, creating jobs, and connecting people to critical services. The industry is also growing rapidly and will retain this trend for a long time. Yet, what’s concerning about the growth of the transportation sector is that it is also one of the biggest polluters. The industry shares a […] Read more