Malaysia’s Gentari Marks Entry into Australia With Acquisition of Wirsol Energy Updated On Fri, Feb 17th, 2023 by Saurenergy Malaysian clean energy company Gentari has concluded the acquisition of Wirsol Energy and its assets from the Australia-based Wircon Group. Wirsol owns as well as operates projects in renewable energy and storage projects across New South Wales, Victoria and Queensland. The acquisition marks Gentari’s entry into Australia’s renewable energy market. Wirsol Energy’s portfolio entails 422 […] Read more
As More States Define EV Policies, Consistency and Relevance Key To Impact-Climate Trends Updated On Fri, Feb 17th, 2023 by Saurenergy Enabling policies both at national and state level have made the environment conducive for e-mobility in India. The figures speak for themselves. Of the 36 states and Union Territories in the country, 26 have released EV policies over the last 5 years, with 16 of them being released between 2020 and 2022. A study by […] Read more
India Will Blacklist Renewable Energy Companies for Missing Deadlines Updated On Fri, Feb 17th, 2023 by Saurenergy The Union Ministry of New and Renewable Energy (MNRE) has issued an order which says that renewable energy firms could be blacklisted in case they fail to meet deadlines to complete renewable energy projects. The order states that the blacklisting will be for a period of three to five years. India has introduced blacklisting of […] Read more
CESL Study On E-Buses Claims Cost Savings Vs CNG, Diesel Buses, Even Without Subsidy Updated On Thu, Feb 16th, 2023 by Saurenergy Government-owned entity Convergence Energy Services Ltd CESL, which recently launched India’s largest e-bus tender, has shared a case study on the results of the bidding. This case study, which is based on a thorough market research conducted by CESL, WRI India, the World Bank, and others, highlights the key features of The Grand Challenge, which […] Read more
Italy to Welcome Enel Green’s Solar Panel Gigafactory Updated On Wed, Feb 15th, 2023 by Saurenergy Enel has entered into a financing agreement with a pan-European commercial banking group UniCredit to pave the way for the finance of the expansion of a solar panel factory in Catania, Sicily, Italy. Investment, worth €560 million (US$600 million), will aid the development of the Italian PV Gigafactory (Tango). This is an industrial-scale manufacturing plant […] Read more
Denham Capital Announces $200 Million for Solar Energy Generator Solops Updated On Tue, Feb 14th, 2023 by Saurenergy Boston based global energy transition investment firm Denham Capital has announced that it has closed a purchase agreement with Solops that develops, finances, and owns and operates photovoltaic solar projects in the commercial and industrial (C&I) sector throughout the United States. Under the agreement, Denham has acquired Solops and will support the growth of the […] Read more
India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market Updated On Mon, Feb 13th, 2023 by Saurenergy The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […] Read more
ReNew Power Is Now ReNew, As Firm Seeks A Bigger Canvas Updated On Mon, Feb 13th, 2023 by Saurenergy NASDAQ listed Renew Power has a new name, logo and domain now. The firm has made a serious statement of intent with a shift to the more generic ReNew along with the matching domain, at ReNew.com. The changes are being accompanied with the firm’s transition from being just an energy player to a firm seeking […] Read more
D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification Updated On Fri, Feb 10th, 2023 by Saurenergy D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing […] Read more
