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
KUSUM Scheme Expanded in new Budget to Cover 20 Lakh Farmers Updated On Mon, Feb 3rd, 2020 by Saurenergy Finance Minister Nirmala Sitharaman has announced the expansion of PM KUSUM Scheme under which 20 lakh farmers will now be provided with funds to set up standalone solar pumps. Finance Minister Nirmala Sitharaman on February 1, 2019, while presenting the latest budget has announced the expansion of Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan (PM […] Read more
EESL Signs MoU With BHEL to set up Public EV Charging Network Across India Updated On Thu, Jan 30th, 2020 by Saurenergy EESL has signed an MoU with BHEL to set up a network of Public Charging Infrastructure for EV at various highways across the country. Energy Efficiency Services Limited (EESL), a joint venture under Ministry of Power has signed a Memorandum of Understanding (MoU) with Bharat Heavy Electricals Limited (BHEL), one of the largest engineering and […] Read more
India Needs to Prioritise Rooftop Solar for Achieving 100 GW Target Updated On Thu, Jan 30th, 2020 by Saurenergy India needs to prioritise rooftop solar among residential and industrial users for achieving its 100 GW solar target by 2022, a new report has revealed. India needs to prioritise rooftop solar among residential and industrial users for achieving its 100 GW solar energy target by 2022, a new report has revealed. Demand aggregation mechanism’ could help accelerate energy efficiency and […] Read more
Andhra Pradesh Government Planning for 10 GW Solar Project Updated On Mon, Jan 27th, 2020 by Saurenergy Andhra Pradesh is planning to set up a solar project with an installed capacity of 10 GW to meet the increasing demand for power in the agricultural sector The state government of Andhra Pradesh is planning to set up a mega solar power project with an installed capacity of 10 GW in order to meet the increasing demand for power and […] Read more
42 Global Organisations Agree on Guiding Principles for Batteries Updated On Fri, Jan 24th, 2020 by Saurenergy As many as 42 global organisations including Amara Raja have agreed on a new set of guiding principles for batteries to power sustainable energy transition. As many as 42 global organisations including Amara Raja Batteries from India have agreed on a new set of guiding principles for batteries to power a sustainable energy transition. Announcing the new […] Read more
IRENA Pushes for Bigger NDCs in 2020 Updated On Thu, Jan 23rd, 2020 by Saurenergy In a sensible reminder of how the ground situation has changed to open up new facilities, IRENA’s (International Renewable Energy Agency) call for higher ambition on NDC’s should be heeded. Making a strong case for the new NDC round discussions starting in 2020, IRENA has put forward the case based on a simple fact. That […] Read more
