AIIB Will Support 10 GW Renewables Energy in Egypt Updated On Wed, Nov 23rd, 2022 by Saurenergy Global financial institutions are playing their role to the tee for the development and fast expansion of renewables at COP27. In another such initiative, the Asian Infrastructure Investment Bank (AIIB) has announced that it has joined development partners in signing a partnership agreement with Egypt to jointly support the country’s efforts to boost renewable energy […] Read more
HDFC Bank to Make Significant Investments in EV Loans Updated On Tue, Nov 22nd, 2022 by Saurenergy Despite certain setbacks on the level of the auto industry, HDFC Bank is seeking to triple its financing for electric vehicle (EV) purchases in the next three years. This is due to an early assessment that lending is proving to be profitable. The banking institution aims to triple the ebook dimension by 2025 after initially […] Read more
Microgrid to Attract Multibillion Investments By 2031: Guidehouse Insights Updated On Fri, Nov 18th, 2022 by Saurenergy A new report from Guidehouse Insights has said that Asia Pacific and Middle East and Africa currently lead the energy access microgrids market and are expected to continue leading the energy access across microgrids market through 2031. Revenue from microgrid investments in Asia Pacific will likely reach $7.7 billion by 2031, and microgrid revenue in […] Read more
Switzerland’s Pexapark, Sweden’s AFRY Develop Valuation Framework for RE Investments Updated On Mon, Nov 14th, 2022 by Saurenergy AFRY- a Swedish-Finnish supplier of engineering, design, and advisory services that helps accelerate the transition towards a sustainable society- and Pexapark, a firm which facilitates PPAs, have entered into a partnership to develop the market’s first ‘Daily Valuation Curve’. The Daily Valuation Curve looks at providing renewables to investors, developers and portfolio owners with a […] Read more
PE Investments in Electrical Vehicles Could Reach $1 Billion in 2022 Updated On Mon, Oct 31st, 2022 by Saurenergy As consumers see new policy measures and the rising price of fossil fuels pushing the adoption of green mobility, experts predict that private equity investments (PE Investments) in India’s electrical vehicle (EV) market could top $1 billion this year. During the nine months leading up to the end of September, investors invested $904 million through […] Read more
India to Export Green Energy to Singapore from 2025 Updated On Wed, Oct 26th, 2022 by Saurenergy India’s Greenko Group and Singapore’s Keppel Infrastructure have entered into an agreement on green hydrogen. Under the MoU, the two firms will working on a 250,000 tonne yearly contract for Keppel’s new 600 Mw power plant situated in Singapore. The MoU was signed on the on the sidelines of the Singapore International Energy Week. This […] Read more
Shizen Energy, CDPQ to Invest $474 Mn in RE in Japan & Outside Updated On Tue, Oct 25th, 2022 by Saurenergy Shizen Energy, a renewable energy leader in Japan, and CDPQ, a Canada-based global investment group, have announced a JPY 20-billion ($135 million) investment in Shizen Energy. The two companies have also agreed to a co-investment framework, which will involve potential investments of another $339 million by CDPQ. The official statement has held that the investment […] Read more
Renew Power to Invest INR 30,000 Cr in Solar, Wind Energy By 2025 Updated On Mon, Oct 17th, 2022 by Saurenergy Renewable energy conglomerate ReNew Power hopes to invest INR 30,000 crore in the coming two years in solar and wind energy capacities according to reports. ReNew Power Chairman Sumant Sinha has said that ReNew has 5,000 MW of projects which it is building presently as it has won auctions and has Power Purchase Agreements. The […] Read more
Ather Energy Installs Over 500 Ather Fast Charging Grids Across India Updated On Fri, Oct 14th, 2022 by Saurenergy Ather Energy, one of India’s leading electric scooter manufacturers, has announced the installation of the 580th public fast charging point, the Ather Grid, across 56 cities in India. As the company expands its footprint nationally, Ather Energy plans to install 820 more grids, taking the count to 1400 by the end of FY23. Ather Grids […] Read more