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energy investments

Employment in Renewables Rose to 13.7 Mn in 2022, Solar Largest Employer: ILO

The ILO, in a joint initiative with the the International Renewable Energy Agency (IRENA) has released the tenth edition of  Renewable Energy and Jobs: Annual Review 2023. The report explores the connection between renewable energy which is attracting increasing investment, and leading to job creation among countries. Surge in Employment in Renewable Energy The report […]

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EV Charger Market Projected at CAGR 46.5% Between 2022 & 2030: CES-IESA Report

The Customized Energy Solutions (CES) and India Energy Storage Alliance (IESA) have released their third annual “2022 India Electric Vehicle Charging Infrastructure & Battery Swapping Market Overview Report”. The report covers the present market trends and forecast of electric vehicle (EV) chargers by various charger types in terms of revenue (USD Million), capacity (GW) and […]

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Blending Finance Is Key to India’s Net Zero Pathway: IFC Report

A latest report by the International Financial Corporation (IFC) on Blended finance describes finance as a key element in supporting India’s energy transition. The report said that the blended finance can drive more private capital to high-impact climate projects, says an IFC report. The report, Blended Finance for Climate Investments in India, highlights blended concessional […]

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Norwegian Battery Maker Morrow Nets €100m Equity Funding

Norwegian battery start-up Morrow Batteries has scooped up €100m in an investment round led by Siemens Financial Services and ABB. Other investors in the round were Nysnø Climate Investments and Arendals Fossekompani, as well as the company’s existing shareholders PKA, NOAH and Agder Energi Invest. Morrow, starting with its first battery cell factory opening in […]

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Haryana Issues Norms To Award Entities Opting For Solar Power

The Haryana Renewable Energy Development Agency (HREDA) has now issued detailed guidelines to award institutions that use solar power or undertake energy efficiency measures to reduce carbon emissions. These awards have been planned for the industries and MSME sector having loads below 1 MW capacity and those above 1 MW capacity. The department has also planned these […]

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Hyundai, Georgia Tech To Invest $12.6bn To Boost Electric Mobility

Georgia Tech and Hyundai Motor Group have signed a Memorandum of Understanding (MoU) to collaborate on research and applications to support the future of sustainable mobility, including developing a hydrogen economy, workforce development, and making cities smarter and more sustainable, among many other areas of cooperation. The group is investing $12.6 billion in Georgia’s new […]

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Rajasthan Sees Fossil Contribution Shrink For 4 Consecutive Months

New data from global energy think tank Ember reveals that the share of fossil fuels in Rajasthan’s power generation mix has hit record-low levels at 50 percent from April to July this year. It is the first time that the lowest level was sustained for over a quarter of the year.   Fossil fuels generated 34 […]

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Grumblings From European Solar Manufacturers Start Over Falling Prices

At SaurEnergy, even as solar manufacturing has been incentivised, pushed and supported by every means possible, we have regularly highlighted the need to consider the sustainability of it all. Well, the first rumblings have already started, not from the manufacturers who are establishing new capacities, but from already established players in Europe. In an open […]

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Serentica Secures INR 2600 Cr Funding from PFC for Green Projects

Vedanta backed Serentica Renewables, a C&I focused renewable energy developer, has announced that it has achieved financial closure for its upcoming hybrid renewable energy projects in Karnataka. The firm has secured the entire debt funding of INR 2600 crores from one of India’s largest power sector lenders, Power Finance Corporation Limited (PFC Ltd.). To ensure […]

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