Ahmedabad’s Matter Energy Unveils Geared Electric Motorcycle Updated On Tue, Nov 22nd, 2022 by Saurenergy A geared electric motorcycle was unveiled by Matter Energy, an Ahmedabad-based provider of integrated energy solutions. Orders will soon be accepted, and delivery will start in April 2023. For the geared electric motorcycle, the firm has great hopes. In addition to exporting to markets in Asia, Africa, and Latin America, it intends to open 200 […] Read more
152 MW Wind Project of rPlus Energies Acquired by Clearway Updated On Fri, Nov 18th, 2022 by Saurenergy In late 2021, rPlus Energies sold its interest in the approximately 152 MW ‘Cedar Creek Wind’ project to Clearway Energy Group. This announcement follows Clearway’s recent statement that it has signed a long-term power purchase agreement (PPA) between Cedar Creek Wind and PacifiCorp. Clearway is one of the largest renewable energy players in the USA. […] Read more
EV Startup Chargeup Raises $7 Million in Pre-Series A1 Round Updated On Thu, Nov 17th, 2022 by Saurenergy Chargeup, a battery-swapping firm based in Delhi and an Indian FinTech (Finance-Network-Technology Platform) platform, has secured $7 million in a Pre-Series A1 investment. Along with other notable investors like Ekta Kapoor, Sunil Kalra, and Sachin Mehra, it was co-led by Capital-A and Anicut Capital. By lending loans to Chargeup, Jiraaf, a platform for high-yield alternative […] Read more
EIB, AllianzGI Announce $100 Mn for Renewable Projects at COP27 Updated On Thu, Nov 17th, 2022 by Saurenergy The Emerging Market Climate Action Fund (EMCAF) has announced a $25 million investment into Alcazar Energy Partners II, a fund providing early-stage equity financing to develop, construct and operate renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia. This commitment is in parallel to EIB Global, the dedicated arm for […] Read more
Recessionary Pricing Has Hit Big Global Wind Projects: Rethink Energy Report Updated On Wed, Nov 16th, 2022 by Saurenergy Rethink Energy has come up with a new report which says that it turns out that recessionary pricing has indeed taken its toll on large global wind projects. Rethink Energy said that the wind industry has hit several speedbumps in the last few months, illustrated by the poor results for third quarter of 2022 published […] Read more
A South American Success Story In Renewables – Chile Updated On Wed, Nov 16th, 2022 by Saurenergy South American nation Chile has emerged as a surprise success story when it comes to adding renewables. The country has nearly 22 per cent of its electricity demand met by solar and wind farms. The country is an over-achiever, making impressive progress since 2008, the year Chilean Law set the Non-Conventional Renewable Energy Target to […] Read more
Government Plans to Resume Providing Commercial EV Permits Without Any Cost Updated On Fri, Nov 11th, 2022 by Saurenergy The policy of giving free commercial EV permits will be reinstated by the government two years after it was done away with. Over the previous two years, the Center had abandoned the practice to promote the use of green automobiles. However, it has now decided to go back to the previous procedure for granting such […] Read more
Learnings From the $12 billion Brookfield Bid For Australia’s Origin Energy Updated On Fri, Nov 11th, 2022 by Saurenergy Global investment management firm Brookfield’s $11.8 billion bid that is also supported by the target firm’s board is a clear indication of the volume and direction of money chasing renewable energy assets and growth. Origin energy, which has 4.5 million customrs in Australia, has comitted to a phase out of its non renewable assets. “The […] Read more
Three EV Infra Players & Mahindra Collaborate on Charging Solutions Updated On Thu, Nov 10th, 2022 by Saurenergy Mahindra & Mahindra announced that it has partnered with Jio-bp, Statiq, and Charge+Zone (Three EV Infrastructure Players) to provide charging options for its next lineup of passenger electric vehicles. The Mumbai-based automaker said in a statement that thanks to these agreements, Mahindra EV users would have seamless access to a reliable fast-charging infrastructure and e-mobility […] Read more