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energy markets

SaurEnergy Explains- Reconductoring, A Solution For a Renewable Powered Grid?

The power sector, by most estimates, accounts for close to 40% of carbon emissions worldwide. That has made it the focal point of efforts to reduce emissions, seen mainly in the shift towards renewable energy, and linked to that, the electrification of more and more parts of the economy, as seen in the transportation sector. […]

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World Bank And Japan Sign RISE Pact to Boost Clean Energy Investments

World Bank and Japan have signed an administration arrangement outlining the terms and conditions to implement the Resilient and Inclusive Supply-chain Enhancement (RISE) Partnership, which was officially launched in October 2023. The agreement was signed between the World Bank Vice President for Infrastructure, Mr. Guangzhe Chen, and the Executive Director for Japan at the World […]

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Sunsure Energy Inducts Veterans Manoj Kohli And Mahesh Makhija to its Board of Directors

Sunsure Energy, C&I-focused independent renewable energy power producers, inducts Manoj Kohli and Mahesh Makhija to its Board of Directors, stated a press release by Sunsure Energy. The recent appointments of Kohli and Makhija represent a strategic enhancement to the company’s Board of Directors. With Manoj Kohli’s extensive experience spanning 45 years in diverse global markets, […]

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Yuma Energy Completes 10 Million Battery Swaps Within A Year

Bengaluru-based Yuma Energy has developed over 125 battery swapping stations across 5 major metros and averaged 800,000 swaps every month. Battery-as-a-service (BaaS) company, Yuma Energy, a joint venture between Magna and Yulu, has announced, the completion of 10 million lifetime battery swaps in its first year of operations. The company began operations in February 2023 […]

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GFCL EV Plans To Invest Rs 6000cr In Next Years In EV, Energy Storage

Gujarat Fluorochemicals (GFCL) EV Products Ltd, a subsidiary of Gujarat Fluorochemicals Ltd. (GFL), recently announced an investment of INR 6000 Crores (out of which approx. Rs 650 Cr is already invested till 31.12.2023) over the next 4- 5 years. This investment is to enable a supply of approx. 200 GWh/annually of electric vehicle (EV) and […]

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Singapore-Based Singtela Develops Green Energy Driven Data Centres

Singtela has launched an AI development initiative in Singapore and the region, partnering with global and local ecosystem partners in AI, renewable energy, sustainable technologies, and talent development. The company is expanding its regional data center business by building new, green, sustainable, and hyper-connected AI-ready data centers in markets beyond Singapore, such as Indonesia and […]

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TotalEnergies, European Energy Expand Their Collaboration In Wind Energy

TotalEnergies, a multi-energy company, announced its collaboration with European Energy, which develops and constructs renewable energy projects. It recently signed a new agreement with European Energy to develop offshore wind projects in three Nordic countries: Denmark, Finland and Sweden. This collaboration forms a part of its integrated development in electricity.  405 MW of offshore wind […]

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Biden Administration Announces $207 Mn Investment In Clean Energy

The US Department of Agriculture (USDA) Secretary Tom Vilsack recently announced USDA $207 million investment in renewable energy and domestic fertilizer projects. These projects are expected to lower energy bills, generate new income, create jobs, and strengthen competition for US farmers, ranchers and agricultural producers. Many of the projects are being funded by President Biden’s Inflation […]

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