APEDB Signs Rs 200 Cr MoU With Urja Global For EV and Battery Manufacturing Plant Updated On Thu, Mar 14th, 2019 by Saurenergy Andhra Pradesh Economic Development Board (APEDB) and Urja Global have signed a Memorandum of Understanding (MoU) for setting up a new plant for manufacturing high technology Lithium-Ion Batteries and electric vehicles for the electric mobility ecosystem. Through this MoU, Urja Global would invest Rs. 200 crore and shall create 250 direct and over 1000 indirect […] Read more
Shell and Eneco to Co-Develop Offshore Wind Farms in Dutch Part of North Sea Updated On Thu, Mar 14th, 2019 by Saurenergy The wind farms are expected to have a total installed capacity of about 760 MW, which is enough to supply around 1 million households with green energy. Royal Dutch Shell has teamed up with energy solutions company Eneco and builder Van Oord to develop two wind farms in the Dutch part of the North Sea. […] Read more
Declaration Calls For More Ocean-Based Renewables Updated On Thu, Feb 28th, 2019 by Saurenergy We must reconcile the desire to expand offshore renewables with the necessity to preserve our marine environment. The Belgian government recently organised a major international conference on ‘Climate Change and Oceans Preservation.’ The Belgian government asked WindEurope to run the panel on the happy co-existence of ocean energy and biodiversity. The panel comprised EU Commissioner […] Read more
Spain’s Iberdrola Steps Up Plans With Euro 34 Bn Investment Planned by 2022 Updated On Tue, Feb 26th, 2019 by Saurenergy 47% of the overall amount (Euro 16 billion) will be invested in Networks and 39% (Euro 13.3 billion) in Renewables. Generation and Supply will receive 11% of the total (Euro 3.8 billion). Iberdrola is stepping up global growth with investment rising to Euro 34 billion in the 2018-2022 period. This breakthrough means an upward revision from […] Read more
EBRD Deepens Green Finance in Armenia with €2.5 Mn Loan Updated On Tue, Feb 26th, 2019 by Saurenergy Possible investments include technologies such as thermal insulation, photovoltaic solar panels, geothermal heat pumps and water efficient irrigation systems. The European Bank for Reconstruction and Development (EBRD) is intensifying efforts to strengthen energy efficiency in Armenia with the launch of a new Green Economy Financing Facility for the country, co-financed by the Green Climate Fund (GCF). Small and medium-sized enterprises (SMEs) […] Read more
Google Seeks Tax Exemption For Planned $600 Mn Wind-Powered Data Centre Updated On Tue, Feb 26th, 2019 by Saurenergy Google has asked Sherburne County and the city of Becker for property tax breaks that would save the company up to $15 million. Google’s plan to build a $ 600 million wind-powered data center in central Minnesota could hinge on the tech giant’s request for officials to waive 20 years’ worth of future taxes. Google has asked Sherburne County […] Read more
Cheap Finance Can Make Renewables Cost-Competitive Faster in Developing Countries Updated On Mon, Feb 25th, 2019 by Saurenergy A new report pinpoints how concessional finance can make wind, solar, and batteries cost-competitive faster in developing countries, accelerating the shift from fossil-fuelled power. Cut-rate financing has the potential to substantially speed the transition from fossil-fuelled power generation to renewable energy in developing countries, according to a new report produced by BloombergNEF (BNEF) and commissioned […] Read more
Wish List for The Final 2019 Budget Updated On Fri, Feb 22nd, 2019 by Saurenergy In a year when the country heads for general elections, the renewable sector has reason to look forward to a good final budget, from whoever comes to power. This is because the renewables sector has been an undisputed success story for India, and no government should be doing anything to slow it down. For the […] Read more
Argentina Signs Framework Agreement of ISA Updated On Tue, Feb 19th, 2019 by Saurenergy Argentina has become the 72nd country to sign the Framework Agreement of the International Solar Alliance (ISA). The agreement was inked on the sidelines of the official three-day visit of Argentinian President Mauricio Macri to India by Argentina’s Foreign Minister Jorge Faurie in the presence of ISA’s Director-General Upendra Tripathy. “A new partner in the Alliance. Foreign […] Read more
