Iberdrola & Lexus to Offer Comprehensive EV Charging Network to Customers Updated On Fri, Feb 19th, 2021 by Saurenergy Iberdrola and Lexus are joining forces to achieve more sustainable mobility and move forward together in the electrification of transport. Iberdrola becomes the charging supplier for Lexus electric models in Spain, specifically for the new UX 300e, the first 100% electric vehicle from Lexus. In collaboration with Iberdrola, Lexus will install a home charging point […] Read more
Coal Could Boom in India if Renewables Can’t Keep up With Growth: Rystad Updated On Fri, Feb 19th, 2021 by Saurenergy A report by Rystad expects Coal in India to come back with a vengeance, growing by 43 percent to 1,523 TWh in 2037. Power generation from coal in India fell to a five-year low of “just” 1,064 terawatt-hours (TWh) in 2020 due to the COVID-19 induced slowdown. This was only a dip, however, as coal […] Read more
Greece’s Mytilineos Acquires 1.48 GW Solar Portfolio, 21 Battery Storage Projects Updated On Fri, Feb 19th, 2021 by Saurenergy Greece-based industrial conglomerate – Mytilineos has announced it has completed the acquisition of a portfolio of 20 solar farms in progress with a total capacity of 1.48 GW, owned by Egnatia Group, as part of its strategic planning for a significant expansion in Renewable Energy Sources (RES), both in Greece and abroad. The entire portfolio […] Read more
Vestas Ventures Invests in Wood Technology Startup Modvion Updated On Thu, Feb 18th, 2021 by Saurenergy Vestas Ventures invests in wood technology start-up Modvion, to create sustainable products and low-carbon value chain Vestas, the global leader in sustainable energy solutions, has invested in Swedish wood technology company Modvion, in a move towards creating fully sustainable products and solutions, and reducing carbon emissions from our value chain. The investment sees Vestas becoming […] Read more
Canadian Solar Closes Japan Green Infrastructure Fund at $208 Mn Updated On Thu, Feb 18th, 2021 by Saurenergy Canadian Solar has announced the successful close of the Japan Green Infrastructure Fund securing USD 208 million of committed capital Canadian Solar has announced the successful close of the Japan Green Infrastructure Fund (JGIF). Canadian Solar will partner with Macquarie Advisory & Capital Solutions (Macquarie), the advisory and capital markets arm of the Macquarie Group. Macquarie […] Read more
Coal Power may Have Already Passed its Peak, if India Delivers its RE Targets Updated On Wed, Feb 17th, 2021 by Saurenergy An analysis by energy think tank Ember has revealed that coal power has continued to decline in India since reaching a peak in 2018. An analysis by energy think tank Ember has revealed that India’s coal power has continued to decline since reaching a peak in 2018. Coal-fired electricity generation in India fell 5 percent […] Read more
ISA’s Special Assembly Elects Dr. Ajay Mathur As New Director General Updated On Tue, Feb 16th, 2021 by Saurenergy The International Solar Alliance (ISA) has announced Dr. Ajay Mathur as its new Director General following his election at the first special assembly, which was held virtually. A confederacy of 73 member countries, ISA was established in late 2015 to facilitate the demand for and use of safe, sustainable, and affordable solar energy for all. […] Read more
Global Capital Pool Mobilising to Invest in Renewable Projects in India: IEEFA Updated On Tue, Feb 16th, 2021 by Saurenergy A new IEEFA report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. A new report has detailed how a huge global capital pool is mobilising to invest in renewable energy and grid projects in India. According to the Institute for Energy Economics and […] Read more
Delhi EV Campaign Receives Immense Response, EVs Completes 2 Cr Km Run Updated On Mon, Feb 15th, 2021 by Saurenergy Freshly launched ‘Switch Delhi’ Campaign, by Delhi CM Arvind Kejriwal has been receiving an immensely encouraging response by the state. The campaign started to promote electric vehicles (EVs) has been received “exceedingly well” and many two-wheeler companies have decided to “aggressively” launch new EV models in Delhi, an official statement said on Saturday. Delhi Transport […] Read more