EU Rooftop Solar Standard Can Provide Power To 56 Mn Homes Updated On Thu, May 9th, 2024 by Saurenergy The European Energy Performance of Buildings Directive recently entered into force with the publication of the rule in the official journal of the European Union (EU). Its implementation could provide solar power equivalent of 56 million European homes. A preliminary analysis conducted by SolarPower Europe suggests that the EPBD could drive the installation of 150 […] Read more
Italy’s Solar Ban On Agri Land- Not As Bad As It Sounds Updated On Wed, May 8th, 2024 by Saurenergy A recent ruling by the Italian government to ban solar PV installations on agricultural land has been met with howls of protest by the country’s solar trade association which has claimed it would cost Italy as much as €60 billion (US$64.5 billion). We believe the protests are unfair at this stage. Keep in mind that […] Read more
India’s Aluminium Industry Needs USD 29 Bn CAPEX To Go Net-Zero: CEEW Updated On Wed, May 1st, 2024 by Saurenergy The Indian aluminum industry requires an additional capital expenditure (CAPEX) of nearly Rs 2.2 lakh crore (USD 29 billion) to achieve net zero carbon emissions, according to Council on Energy, Environment and Water (CEEW) study. CEEW in its recent report found that renewable energy (RE) power sources could abate 49 percent of the total emissions […] Read more
REC Avails 60.5 Billion Yen Green Loan Backed By Italy’s SACE Updated On Fri, Apr 26th, 2024 by Saurenergy REC Limited, recently availed 60.536 billion a green loan in Japanese Yen (JPY) to finance eligible green projects in India. The green loan facility benefits from an 80% guarantee by the Italian Export Credit Agency, SACE (Italy) under their innovative “Push Strategy program”. This arrangement between an Indian government entity REC and SACE an Italian […] Read more
Log9 Rebrands Its Mobility Arm As EV Asset Management Firm Amphion Updated On Tue, Apr 23rd, 2024 by Saurenergy Battery cell technology and EV Mobility Ecosystem products developer Log9 has announced the rebranding of its mobility business as Amphion, a full-stack EV asset management company. Amphion will help address critical challenges faced by the commercial electric vehicle (EV) industry, including financing, data & analytics, charging infrastructure, and energy efficiency. Its comprehensive suite of services […] Read more
EESL Mart To Soon Sell Solar Modules, Tender Likely In One Month Updated On Thu, Apr 18th, 2024 by Saurenergy The Energy Efficiency Services Limited (EESL), a constituent body of the Ministry of Power is now all set to sell solar modules from Indian solar manufacturers to the consumers. The central government agency plans to sell these renewable energy products through its e-marketplace platform ‘EESL Mart’. The government agency is now undertaking stakeholder consultations to […] Read more
Elections 2024: Renewables Take Center Stage In Political Parties’ Manifestos Updated On Mon, Apr 15th, 2024 by Saurenergy The leading Indian political parties have now come out with their party manifestos for the upcoming Parliament (Lok Sabha) elections. Some of them have now also promised their consumers access to increased renewable power too. This comes months after the BJP-led Union government announced PM Surya Ghar Muft Bijli Yojana which has already been rolled […] Read more
BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia Updated On Mon, Apr 15th, 2024 by Saurenergy British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […] Read more
Sany India Launches Electric Truck To Be Used For Open-Cast Mining Updated On Mon, Apr 15th, 2024 by Saurenergy Manufacturer of construction and mining equipment, Sany India, has unveiled the SKT105E Electric Dump Truck, to be locally manufactured in India. The SKT105E Electric Dump Truck represents a new era in mining technology, combining local expertise with global innovation. Designed to meet the rigorous demands of open-cast mining operations, this fully electric off-highway dump truck […] Read more