Standard Chartered Commits $35 Bn Towards Renewable Projects Updated On Wed, Feb 19th, 2020 by Saurenergy Standard Chartered has committed to providing USD 35 billion of project financing, M&A advisory and debt structuring services for renewable projects by 2024 Standard Chartered Bank has announced its business targets for supporting its clients as they transition to a low- carbon economy as part of the Bank’s sustainability aspirations. By the end of 2024, […] Read more
EESL, BSNL Partner to Install 1,000 EV Chargers Pan India Updated On Tue, Feb 18th, 2020 by Saurenergy In a step towards boosting e-mobility adoption across the country, the world’s largest energy service company (ESCO) Energy Efficiency Services Limited (EESL) has entered into a Memorandum of Understanding (MoU) with telecom major Bharat Sanchar Nigam Ltd (BSNL). As per the MoU signed, state-owned EESL will install 1,000 public electric vehicles (EV) charging stations in […] Read more
Tata Motors Wins EESL Tender; To Deploy Tigor EVs for UGVCL in Gujarat Updated On Thu, Feb 13th, 2020 by Saurenergy Tata Motors, a USD 44 billion company, on Thursday said that it has won a tender from state-owned Energy Efficiency Services Ltd (EESL) to supply its Tigor Electric Vehicles (EVs) to state power distribution company Uttar Gujarat Vij Company Ltd. (UGVCL). As per the deal, the leading auto manufacturer will deploy Tigor EVs in Gandhinagar […] Read more
US Power Industry Sees a Drop of 4.1% in Deal Activity in December 2019 Updated On Thu, Feb 13th, 2020 by Saurenergy The US power industry saw a drop of 4.1 percent in overall deal activity during December 2019, when compared with the last 12-month average The US power industry saw a drop of 4.1 percent in overall deal activity during December 2019, when compared with the last 12-month average, according to GlobalData’s deals database. A total […] Read more
EESL Floats New Tender to Procure Electric Cars Updated On Tue, Feb 11th, 2020 by Saurenergy In its drive to promote more & more adoption of electric vehicles (EVs) in the country, state-owned Energy Efficiency Services Ltd (EESL) has issued a new tender for the procurement of electric cars (e-cars). As per the tender details, EESL will procure 1,000 e-cars with extended range above 180 Km as per the ARAI. These […] Read more
Why India’s Thermal Woes Cast A Shadow Over Renewable Plans Updated On Fri, Feb 7th, 2020 by Saurenergy It’s all about the money. The money needed to clean up discoms, and soon, the money needed to clean up the mess in India’s thermal energy sector. By now, it is well known that one of the biggest impediments to India’s ambitious renewable energy goals is the state of its state distribution firms. Or discoms, […] Read more
Generate Raises $1 Bn to Scale Renewable, Sustainable Infra Platform Updated On Wed, Feb 5th, 2020 by Saurenergy Generate (formerly Generate Capital) has announced that it has secured more than $1 billion in funding to continue to scale its renewable and sustainable infrastructure fleet Generate has announced that it had secured more than USD 1 billion in funding to continue to scale its renewable, sustainable infrastructure fleet. New investors include some of the […] Read more
US DOE Announces $297 Mn for Sustainable Transportation Research Updated On Tue, Feb 4th, 2020 by Saurenergy The US DOE has announced an investment of USD 297 million in funding for research and development of sustainable transportation technologies. The US Department of Energy (DOE), has announced the investment of USD 297 million in funding for research and development of sustainable transportation resources and technologies. The investment, split up between three, separate funding […] Read more
Renew Financial Sells Residential PACE Assets for $160 Million Updated On Mon, Feb 3rd, 2020 by Saurenergy Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank, America’s socially responsible bank. PACE programs allow property owners to finance the costs […] Read more
