Big Move. £555 Billion European Investment Bank to Stop Lending To Fossil Fuel Projects Updated On Fri, Nov 15th, 2019 by Saurenergy In what could be called the ‘Venice Effect’ perhaps, the European Investment Bank, (EIB) the lending arm of the European Union has decided to stop funding fossil fuel projects as part of lending policy Yesterday, even as the world was absorbing images of the city of Venice going underwater due to unprecedented flooding caused by […] Read more
Africa at the Centre of Global Energy Transition Until 2040: IEA Updated On Fri, Nov 8th, 2019 by Saurenergy Africa is set to play a key role in shaping the global energy transition as it undergoes the largest process of urbanisation the world has ever seen. Africa is set to become increasingly influential in shaping global energy trends over the next two decades as it undergoes the largest process of urbanisation the world has […] Read more
U GRO Capital, Sunvest Capital Launch Rs.20 Crore Rooftop Solar Funding Updated On Fri, Nov 8th, 2019 by Saurenergy Capital, the key missing link in so many solar rooftop plans, is finally coming to solar too. In another move to fill the vast gap that exists between potential, demand, and actual supply, SME focused finance start up U Grow Capital has joined hands with Sunvest Capital to provide co lending for solar rooftop and […] Read more
McDonald’s Signs its First Large Scale Renewable PPA Updated On Fri, Nov 8th, 2019 by Saurenergy McDonald’s has announced a 220 MW virtual renewable PPA with Aviator Wind West, a portion of the Aviator Wind project located in Coke County, Texas. McDonald’s, Apex Clean Energy, and Ares Management Corporation’s Infrastructure and Power strategy, have announced a 220 MW virtual renewable power purchase agreement (PPA) between McDonald’s and Aviator Wind West, a […] Read more
5 Lakh Govt Cars to be Replaced by E-Vehicles: Javadekar Updated On Sat, Nov 2nd, 2019 by Saurenergy Prakash Javadekar further said that “the government is promoting e-mobility by taking a lead in changing the fleet of the existing petrol and diesel cars used for official purposes with electric cars.” With an aim to showcase government’s efforts towards promoting e-vehicles in India, Union Minister Prakash Javadekar on Friday said that the government will […] Read more
Javadekar Flags off E-Vehicles Procured from EESL Updated On Sat, Nov 2nd, 2019 by Saurenergy The Ministry of Information & Broadcasting said in a notification that, with this partnership, the Government of India continues to be an active participant in the country’s quest for reduced emissions & vehicular electrification. In order to provide further boost to e-mobility in the country, Environment and Information & Broadcasting (I&B) Minister Prakash Javadekar on […] Read more
Two New Countries Ink ISA Framework Pact; Membership Surges to 83 Updated On Fri, Nov 1st, 2019 by Saurenergy Speaking at the event, Co-President ISA and the French Minister for ecological and inclusive transition, Brune Poirson thanked India for its leadership in the field of solar energy. The two new countries, Eritrea and Saint Kittis and Nevis, have now become the member of International Solar Alliance (ISA) after signing the framework agreement on Thursday. […] Read more
Total Solar DG to Provide PV System for Thailand’s Largest Single-Rooftop Project Updated On Fri, Nov 1st, 2019 by Saurenergy The said solar PV system is expected to combine over 17,500 solar panels, by covering an area of more than 38,000 square meters. Total Solar Distributed Generation (DG) has entered into a binding, long term power agreement with Thailand based company S. Kijchai to provide solar photovoltaic (PV) system of 7 MW capacity. As per […] Read more
Bengaluru-Based Log 9 Materials Raises $3.5 mn in Series A Round Updated On Thu, Oct 31st, 2019 by Saurenergy Log 9 Materials has secured USD 3.5 million in Series A funding, led by Sequoia India and Exfinity Venture Partners. Bengaluru-based startup Log 9 Materials has announced that it has secured USD 3.5 million in funding as a part of its Series A round, led by Sequoia India’s scale up programme Surge and Exfinity Venture […] Read more
