Octopus Energy Group Raises Fresh Funds Totaling $550 million Updated On Wed, Jul 27th, 2022 by Saurenergy In a fresh announcement, British renewable energy player Octopus Energy Group said that it has closed the recent funding round and has secured $325 million from its shareholders. It said that the loan is raised on the terms agreed during the fundraising round in December 2021. The official statement revealed that the RE player’s investors […] Read more
Adani Group Will Invest $70 bn In Green Energy To Build Atmanirbhar Bharat Updated On Wed, Jul 27th, 2022 by Saurenergy Adani Group Chairman Gautam Adani has said that the company will invest $70 billion in green energy transition and infrastructure projects, calling upon the shareholders to “reshape India’s energy footprint for an Atmanirbhar Bharat”. Addressing the annual shareholders’ meeting of Adani Enterprises, the flagship company of the group, he said, “The best evidence which showcased […] Read more
Energy Saving Services Will Invest 150 Cr To Upscale Energy Efficiency Updated On Wed, Jul 20th, 2022 by Saurenergy State-Owned company, Energy Saving Services Ltd. (EESL) will make an investment worth Rs 150 crores to scale up 100 energy efficiency projects in several industrial facilities across various industries. EESL, a joint venture run by the ministry of power, said of this initiative, “To augment the use of energy efficiency solutions in the industry sector, […] Read more
Global Data Report 2022 on Renewable Energy Capacity And Consumption Updated On Wed, Jul 20th, 2022 by Saurenergy Global data report on renewable energy capacity and consumption are produced by the International Renewable Energy Agency (IRENA). Data sets for actual power generation from 2012 to 2020, power generation capacity from 2012 to 2022, and renewable energy balances for more than 150 nations and regions from 2019 to 2020 are all included in Renewable […] Read more
UAE To Invest in 300 MW Hybrid Project as Part of $2 Billion Investment in India Updated On Tue, Jul 19th, 2022 by Saurenergy Under the framework of the four-nation grouping ‘I2U2′ (India, Israel, USA and UAE), the United Arab Emirates will make an investment worth $2 billion to establish a series of integrated food parks across India. This decision was announced in the first virtual summit held under the leaders of the grouping — Indian Prime Minister Narendra […] Read more
Gujarat Allots 6000 Ha Land For Renewable Energy Park In Banaskantha Updated On Mon, Jul 18th, 2022 by Saurenergy In a key decision, the state government of Gujarat has decided to make an allotment of more than 6,000 hectares of land for the development of a mega size renewable energy park. The large RE facility will come up in Banaskantha district that lies in the Rann of Kutch. This is one of the largest […] Read more
Apollo Invests $175 Million in Summit Ridge Energy For Community Solar Projects Updated On Thu, Jul 14th, 2022 by Saurenergy Global conglomerate Apollo Global Management has revealed that it will be making an investment worth $175 million in Summit Ridge Energy, a leading owner-operator of community solar assets. Since it came into being in 2017, Summit Ridge has formed two joint ventures totaling more than $1 billion in permanent project capital. It has also expanded […] Read more
In a First For the US, Wind And Solar Energy Generate More Power Than Nuclear Updated On Mon, Jul 11th, 2022 by Saurenergy Data from SUN DAY Campaign analysis of the Energy Information Administration (EIA) has revealed that the wind and solar energy sources produced 17.96 per cent more power than nuclear power plants in the USA. It is for the first time that the United States produced more solar and wind energy than nuclear in the country’s […] Read more
Karnataka Signs MoUs With Petronas Hydrogen and Continental Automotive Components For Investment Worth Rs 32,000 Cr Updated On Wed, Jul 6th, 2022 by Saurenergy The Karnataka Government has signed two separate Memorandums of Understanding with Malaysia-based Petronas Hydrogen and Continental Automotive Components. This will usher an investment in the state to the tune of Rs 32,000 crore. The MoUs were signed by Dr. EV Ramana Reddy, Additional Chief Secretary in the Department of Industries and Commerce. Chief Minister Basavaraj […] Read more
