Altius Announces $32.5 million investments in RE platform Updated On Mon, May 9th, 2022 by Saurenergy Canada-based Altius Renewable Royalties Corp. has reported that its jointly controlled subsidiary, Great Bay Renewables– popularly known as ‘Great Bay’ – has executed agreements to invest a total of $32.5 million into a new global renewables development platform, Bluestar Energy Capital. Bluestar was founded recently and its majority stakes are owned by Declan Flanagan, former […] Read more
Battery Boom Could Redraw Geopolitical Order Updated On Fri, May 6th, 2022 by Saurenergy Russia’s invasion of Ukraine has accelerated a shift to investment in renewables and storage batteries as a way to reduce dependence on imports of fossil fuels a large part of which comes from OPEC and Russia. Dependent on Russia for supply of gas everyday, Europe and USA are desperately trying to break free and access […] Read more
World’s ‘largest’ solar carport opens in Netherlands Updated On Thu, May 5th, 2022 by Saurenergy The Solar Carport Biddinghuizen — “the world’s largest solar carport” — has recently been opened in the Netherlands amidst the presence of influential decision-makers within the country’s sustainability sector. The 35-hectare Solar Carport was realized at the Lowlands Festival car park by Solarfields, a producer of sustainable energy and realizes solar energy systems. The company […] Read more
Magenta’s EVET Finds a Receptive Audience In Food Industry Updated On Wed, May 4th, 2022 by Saurenergy EVET – the integrated electric mobility, charging and technology vertical of Magenta, has entered into a strategic partnerships with prominent companies in the food industry – Elior India, SPRINK Kinematic FoodTech, Kadambass hospitality, and Foodieverse, to use EVET electric fleet for food delivery. The collaboration also marks EVET’s debut into mid-mile deliveries, furthering the electrification of mobility […] Read more
Vedanta Aluminium will source 380 MW green power to achieve Net Zero by 2050 Updated On Wed, May 4th, 2022 by Saurenergy Vedanta Aluminium, one of India’s largest producers of aluminium, has confirmed plans to source 380 MW of green power on a long-term basis for its smelters. Charting its roadmap to Net Zero by 2050, the green power is going to reduce the company’s greenhouse gas emissions by 15,00,000 tonnes CO2 equivalent every year. Released by […] Read more
Norway to become member of International Solar Alliance Updated On Wed, Apr 27th, 2022 by Saurenergy Norway has decided to become a member of the International Solar Alliance, an initiative of India aimed at promoting renewable energy and sustainable development. Norwegian Foreign Minister Anniken Huitfeldt announced Norway’s membership of the International Solar Alliance (ISA) during her official visit to India, a statement by the country’s Embassy said on Tuesday. The International […] Read more
Solar Inverters Move to The Front Updated On Wed, Apr 27th, 2022 by Saurenergy When it comes to the Solar market, a disproportionate share of attention is always paid to the modules, or more recently, the module supply chain. The global solar PV module market was valued at $127.9 billion in 2020, and is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 […] Read more
Biliti Electric Plans World’s Largest Electric Three-Wheeler Mfg. Facility Telangana Updated On Wed, Apr 20th, 2022 by Saurenergy California, US-based Biliti Electric Inc (Biliti) has announced plans to setup the world’s ‘largest’ electric three-wheeler factory in Telangana, with a production capacity of 240,000 electric vehicles each year. The new plant is estimated to drive private investment of USD 150 million and expected to create over 3,000 jobs in the State aligning with the […] Read more
Masdar Signs Agreement with Kyrgyzstan to Develop 1GW Renewable Projects Updated On Wed, Apr 20th, 2022 by Saurenergy The Central Asian economies are looking to diversify their energy basket in order to reduce their carbon emissions and reduce dependence on fossil fuels which are mostly imported. In the latest development, United Arab Emirates based clean energy company Masdar has signed a memorandum of understanding (MoU) with the Ministry of Energy of Kyrgyzstan in […] Read more
