Promoters To Invest Rs 9,350 Crore Equity In Adani Green Updated On Tue, Dec 26th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) announced that the Board of Directors of the firm have approved a preferential issuance of warrants to the Promoters of AGEL for a quantum of Rs 9,350 crore (equivalent to USD 1,125 million) at a per share price of Rs 1,480.75/share calculated basis SEBI ICDR regulations. The issuance is subject […] Read more
Nextracker Installed 10 GW Of Solar Trackers In Middle East, Africa, India Updated On Wed, Dec 13th, 2023 by Saurenergy Nextracker, a global provider of intelligent solar tracker and software solutions, has announced surpassing a corporate milestone of 10 GW of smart solar trackers either operational or under fulfilment for projects located in the Middle East, Africa, and India. In parallel timing with the United Nations COP28 Climate Change conference held in Dubai over the […] Read more
Solis Among Top 50 Technology Faces of Chinese Global Enterprises Updated On Tue, Dec 12th, 2023 by Saurenergy Ginlong (Solis), a leading photovoltaic (PV) inverter manufacturer and the world’s third-largest player announced its inclusion in the “GlocalIN Top 50 Technology Faces of Chinese Global Enterprises” corporate map. MIT Technology Review China, DeepTech, and LinkedIn China have collaboratively unveiled the “GlocalIN Top 50 Technology Faces of China’s Global Enterprises” map, recognising Solis for its […] Read more
GoodWe Partners With Sunprime For Solar-Powered Smart Cowshed Updated On Thu, Dec 7th, 2023 by Saurenergy Leading inverter company GoodWe has announced a 500KWp solar project in India. This project marks the company’s first smart cowshed in the country, showcasing a potential model for energy independence in the nation’s dairy sector. The smart-cowshed, powered with solar energy was commissioned by GoodWe in collaboration with EPC leader–Sunprime Energy Solutions. It was powered […] Read more
Brazil, India, Indonesia Hold Largest Markets For Electric Cooking: IRENA Updated On Thu, Dec 7th, 2023 by Saurenergy A recent report by International Renewable Energy Agency (IRENA) recently studied the growth of renewable-based electric cooking globally. It found a global improvement in access to clean cooking over the last two decades. The IRENA report said that the improvement was mainly found in five countries: Brazil, China, India, Indonesia, and Pakistan. The report studies […] Read more
Startup India & Avaana Climate Launch Grand Challenge for ClimateTech Innovation Updated On Tue, Dec 5th, 2023 by Saurenergy Avaana Climate & Sustainability Fund, an early-stage VC that invests in disruptive technology-led climate startups, in collaboration with Startup India, a flagship initiative of the Government of India has unveiled the ‘Grand Challenge for ClimateTech Innovation’. This initiative aims to identify and support entrepreneurs building world-class solutions, to aid India and the entire world, in […] Read more
ReNew Signs MoU with Asian Development Bank for US$ 5.3 billion Funding Updated On Tue, Dec 5th, 2023 by Saurenergy ReNew Energy Global Plc (“ReNew”), on Sunday, signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to collaborate on climate change mitigation and adaptation projects. The MoU covers projects with investment value of more than US$ 5.3 billion between 2023 and 2028. The MoU was signed at COP28, Dubai by ReNew’s Founder, […] Read more
Tripling RE Power With Efficiency Will Accelerate Fossil Phaseout: EMBER Updated On Mon, Dec 4th, 2023 by Saurenergy Energy think-tank EMBER in its recent report, analyzed the impact of increasing renewables and doubling efficiency on phasing out of fossil fuels. The findings reveal that renewables contribute significantly to efficiency, delivering about 85% of the targeted fossil fuel cuts by 2030. EMBER indicates that, by 2035, renewables and efficiency alone can slash total CO2 […] Read more
US Proposes Norms To Counter Chinese Domination In Battery Manufacturing Updated On Mon, Dec 4th, 2023 by Saurenergy The US Department of Treasury and the IRS (Internal Revenue Service) has now proposed guidelines on clean vehicles credits under the Inflation Reduction Act (IRA). It is expected to lower costs for consumers, spur growth in the US vehicle manufacturing, and strengthen energy security. The move is also likely to reduce the dependency of the […] Read more
