As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise Updated On Mon, Jul 24th, 2023 by Saurenergy The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […] Read more
G20 Countries Should Strengthen Mainstreaming Of DRE: CEEW Updated On Fri, Jul 21st, 2023 by Saurenergy A recent report released by the Council on Energy, Environment and Water (CEEW) exhorted the G20 countries to take steps towards mainstreaming distributed renewable energy (DRE). The report was released on the sidelines of the 14th Clean Ministerial (CEM) in Goa. The report identified and collated the emerging good practices to mainstream DRE solutions. The […] Read more
Four G20 Countries Have Higher GHC Emissions: Report Updated On Fri, Jul 21st, 2023 by Saurenergy The NITI Aayog recently released a report on decarbonizing transport among the G20 countries. The report attributed the rise of transportation emissions to the surge in motorization across these countries. The report also claimed that four G20 countries have the higher GreenHouse Gases (GHG) emissions per KwH. Describing growth in grid emission among the G20 […] Read more
ISA announces Twenty Winners of SolarX Startup Challenge Updated On Fri, Jul 21st, 2023 by Saurenergy At a side-event of the G20 Energy Transitions Working Group meeting in Goa, the International Solar Alliance (ISA), announced the 20 winners of its SolarX Startup Challenge. 20 companies from 10 African countries were declared winners, who will work to increase solar deployment in the Africa Region. Out of the 20 winning companies, seven are […] Read more
EIB & Banco Santander Promote Renewable Energy in Brazil with €300 Million Loan Updated On Wed, Jul 19th, 2023 by Saurenergy The European Investment Bank (EIB) and Banco Santander (Brasil), one of the largest foreign banks in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a €300 million loan in […] Read more
Battery Maker Exponent Claims Lowest Degradation After 3000 Quick Charging Cycles Updated On Tue, Jul 18th, 2023 by Saurenergy Exponent Energy, an energy-tech startup that claims to have unlocked a 0 to 100% charge in 15 minutes for EVs, has announced the successful completion of 3000 cycle testing in collaboration with renowned German testing agency, TUV India (TUV Nord Group, Germany). The company says that the testing reports only 13% battery degradation even after […] Read more
MAHAPREIT& GEAPP In 500 MW Agricultural Irrigation Initiative in India Updated On Mon, Jul 17th, 2023 by Saurenergy Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) and the Global Energy Alliance for People and Planet (GEAPP) have forged a partnership for the upcoming 500 megawatts (MW) tender in Maharashtra. At a meeting in Mumbai, MAHAPREIT and GEAPP drew the roadmap for the implementation of the 500 MW tender for PM-KUSUM C/Mukhyamantri Saur […] Read more
Japan’s Orix Bank to Extend $2.89 Billion Funding For Renewables Portfolio Updated On Mon, Jul 17th, 2023 by Saurenergy Japanese digital lender Orix Bank will extend roughly 400 billion yen ($2.89 billion) of financing this fiscal year to renewable energy and logistics projects in a bid to diversify its portfolio away from real estate. The lending, which is to be directed toward project financing, will account for nearly a fifth of outstanding loans projected […] Read more
Senior Engineer ED Components Updated On Fri, Jul 14th, 2023 by Saurenergy In Power Conversion, we develop solutions for transferring energy from the grid to the vehicle and distributing energy from the battery to the electric drive system. By doing so, we deliver end customer value for all Volvo business units such as trucks, buses, construction equipment and marine applications! We are now looking for an enthusiastic […] Read more
