India Extends LOCs for two Solar Projects in Guinea Updated On Fri, Dec 6th, 2019 by Saurenergy India has extended Line of Credits for two solar projects in Guinea. The development of solar projects reflected Guinea’s commitment to ISA. India has extended Line of Credits for two solar projects in Guinea. The agreements were exchanged in the presence of External Affairs Minister S Jaishankar and his Guinean counterpart Mamadi Toure. The two countries […] Read more
BlackRock Achieves $1 bn Record 1st Close for its Global Renewables Fund Updated On Thu, Dec 5th, 2019 by Saurenergy BlackRock has achieved a USD 1 billion first close for its GRP III renewables fund with commitments from 35 investors in North America, Europe and Asia. BlackRock Real Assets has announced that it has achieved a USD 1 billion first close for its Global Renewables Power III fund (GRP III) with commitments from over 35 […] Read more
Covestro Signs World’s Largest Corporate PPA for Offshore Wind Power Updated On Thu, Dec 5th, 2019 by Saurenergy Covestro has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind turbines with Ørsted. German firm Covestro, which produces specialty chemicals for heat insulation foams and transparent polycarbonate plastics, has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind […] Read more
Survey Finds Govts Should Take Stronger Action on Energy Efficiency Updated On Tue, Dec 3rd, 2019 by Saurenergy Governments need to take stronger action to reverse the worrying slowdown in global energy efficiency improvements, according to a public survey by the IEA Governments need to take stronger policy action to reverse the worrying slowdown in global energy efficiency improvements, according to a public survey conducted by the International Energy Agency (IEA). The survey […] Read more
Punjab in Talks With Japan for Launching Electric Buses Updated On Tue, Dec 3rd, 2019 by Saurenergy The Punjab government is in talks with Japan to launch electric buses based on the Japanese model of state-of-the-art quick charge lithium-ion batteries The Punjab government has informed that it is in talks with Japan to launch electric buses based on the Japanese model of state-of-the-art quick charge lithium-ion batteries in the state. The project will begin with […] Read more
Assam Issues Tender Seeking Operators for 100 Electric Buses Updated On Mon, Dec 2nd, 2019 by Saurenergy ASTC has issued a tender for the selection of bus operators for the supply, operation, and maintenance of 100 electric buses in Assam. The Assam State Transport Corporation (ASTC) has issued a tender, inviting bids from eligible firms for selection of bus operators for the supply, operation, and maintenance of 100 electric buses in the […] Read more
EV Sales set to Increase to 34 Million by 2025, Over 121 Million in 2030 Updated On Fri, Nov 29th, 2019 by Saurenergy A new analysis has predicted that EV sales are set to increase to 34 million in 2025, 121.2 million in 2030, and 636.7 million by 2040 With greater vehicle electrification and the rise of disruptive technologies such as vehicle-to-grid (V2G) and peer-to-peer blockchain trading, utilities are expected to employ smart charging and demand response programs to cope with the growing demand for […] Read more
ADB Provides $250 mn to EESL to Expand Energy Efficiency Investments in India Updated On Thu, Nov 28th, 2019 by Saurenergy ADB has approved a loan of USD 250 million as part of an assistance package to EESL to expand energy efficiency investments in India. The Asian Development Bank (ADB) has approved a loan of USD 250 million as part of an assistance package to Energy Efficiency Services Limited (EESL), a public sector energy service company, […] Read more
European Offshore Wind Energy Goals are Achievable: Report Updated On Wed, Nov 27th, 2019 by Saurenergy The European Commission’s big goals for offshore wind, between 230 and 450 GW by 2050 are achievable provided right investments and spatial planning A new report has predicted that the European Union (EU) Commission’s big goals for offshore wind – between 230 and 450 GW by 2050 – are achievable provided the right investments in […] Read more
