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
European Investment Bank Greenlights India’s Large Scale Hydrogen Projects with 1Bn Euro Updated On Thu, Feb 9th, 2023 by Saurenergy In a major announcement that will give India’s Hydrogen projects a push, the European Investment Bank (EIB) has given its nod on joining the India Hydrogen Alliance (IH2A) and provide impetus to green hydrogen hubs on large scale for projects located in India. Following Indian government and EIB approvals, the funding is pegged at close […] Read more
Navigating India’s Energy Transformation Through JETP Approach Updated On Wed, Feb 8th, 2023 by Saurenergy Just Energy Transition Partnership (JETP) was first announced at the CoP26 and has since emerged as a key mechanism for multilateral financing by developed countries to support an energy transition in developing countries. JETPs provide a means for partner countries to work with climate finance donors and private sector investors on a clean, just energy […] Read more
Chargeup & Zomato Club up for Emission-Free Food Deliveries Updated On Tue, Feb 7th, 2023 by Saurenergy Chargeup, a player in electric vehicle (EV) charging infrastructure industry, has partnered with Zomato to enable Zomato delivery partners to get easy financing and leasing options to make a seamless switch to electric mobility. This ESG initiative will enable Zomato to reduce the carbon footprint of its vast delivery network across India. Speaking about this, […] Read more
