Adani Ramps Up Renewables Ambition For Group Updated On Mon, Jun 28th, 2021 by Saurenergy In a letter to the shareholders, Gautam Adani, Chairman, Adani Group, said the company is aligning with India’s goal of becoming the world’s biggest player in renewable energy. The group has also set a target for itself to become the biggest solar power producer in the world. According to the chairman’s letter, the Adani Group […] Read more
Risen Energies To Invest $10 bn To Set Up Solar PV Cell Factory in Malaysia Updated On Fri, Jun 25th, 2021 by Saurenergy China-based solar company Risen Energy Co. Ltd yesterday announced its first investment in Southeast Asia, with the aim to produce 3GW of high-efficiency photovoltaic modules to meet growing global demand. The company is expanding its global footprint by opening its latest production base in Kulim Hi-Tech Park, Kedah, Malaysia, in response to the strong support […] Read more
Triton EV Signs MoU for 2,100 Crores Investment in Telangana Updated On Fri, Jun 25th, 2021 by Saurenergy Triton Electric Vehicle, LLC, the US-based electric vehicle (EV) subsidiary of a leading solar panel and battery engineering firm, Triton Solar, has announced signing a Memorandum of Understanding (MoU) with the state of Telangana to set up its manufacturing plant with an investment of Rs. 2,100 Crores. The EV major has announced that it will […] Read more
“India Is Key To Doubling EDF’s RE Capacity By 2030”, Harmanjit Nagi Updated On Thu, Jun 24th, 2021 by Saurenergy The Euro 69 Billion French energy major EDF is one of the few unapologetic champions of nuclear energy, seeing it as a critical support for the world to achieve its climate ambitions. The firm produces over 75% of its energy from nuclear power, with a recent focus on other renewable sources too. In India, the […] Read more
Renewable Thermal Collaborative Wins Climate Award Worth $10 Million Updated On Wed, Jun 23rd, 2021 by Saurenergy Lever for Change announced yesterday the Renewable Thermal Collaborative (RTC) as the recipient of the $10 million 2030 Climate Challenge, an award sponsored by an anonymous donor to reduce greenhouse gas emissions in the U.S. Created and jointly managed by the Center for Climate and Energy Solutions (C2ES), David Gardiner and Associates (DGA), and World […] Read more
Fortum Divests 500 MW Indian Solar Assets To Investor Actis Updated On Wed, Jun 23rd, 2021 by Saurenergy Actis, the global emerging markets investment firm focused on the private equity, energy, infrastructure, and real estate asset classes is acquiring 500 MW assets of Finnish firm Fortum in India. The news was first reported in business daily, Economic Times. Actis has a growing portfolio of investments across Asia, Africa, and Latin America and US$12 […] Read more
Ikea & Rockefeller Foundation Collaborates for $1 Billion RE Investment Updated On Mon, Jun 21st, 2021 by Saurenergy Two big foundations, Ikea and Rockefeller have come together to set up a USD 1 billion global platform to fight climate change and energy poverty. The platform launching this year is aiming to reduce 1 billion tons of greenhouse gas emissions and to empower 1 billion people with distributed renewable energy (DRE). The Rockefeller Foundation is focused […] Read more
The Place of Renewables in India’s Future Power Grid Updated On Fri, Jun 18th, 2021 by Saurenergy Indian power sector, one of the largest in the world, comprises one synchronised national grid that serves the entire nation. In the last decade, the transmission system has expanded from 2.4 L circuit kilometres in 2011 to 4.4 L circuit kilometres in 2021, with inter-regional transfer capacity growing to 105 GW. A recent energy event […] Read more
Policy, Finance & Grid Vital to Achieve India’s Ambitious Climate Goals Updated On Fri, Jun 18th, 2021 by Saurenergy With a global effort towards a transition to clean energy already underway, India has set ambitious targets for itself — 450 GW renewables capacity to be created by 2030. Despite the country’s many achievements in the last 5 years in the renewables sector, which have resulted in its having the world’s 5th largest solar and […] Read more
