The Five Leaders Singled by UNEP for their Work on Curbing Emissions Updated On Thu, Apr 18th, 2019 by Saurenergy UN Environment, the arm of the UN focused on curbing emissions and fighting climate change, among other environmental challenges, has commended these 5 leaders for their work in curbing transport emissions. Even as UN Environment identified 5 leaders for their work in cutting back transport emissions, India would do well to track just what these […] Read more
Hero Group & Azure Power Plan To Raise $500 Million Each Through Bond Sale Updated On Thu, Apr 18th, 2019 by Saurenergy Hero Group’s renewable energy arm and Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according to people briefed on the matter. Both the Delhi-based green power rivals are looking raise $500 million each and have appointed investment banks to underwrite […] Read more
Telangana to Add 1,000 MW Solar PV Capacity by the End of 2019 Updated On Wed, Apr 17th, 2019 by Saurenergy Telangana stands at second position with a generation capacity of over 3,500 MW commissioned through solar energy, which is expected to touch 4500 MW by the end of the year. Telangana will add another 1,000 MW of solar energy capacity in next six to eight months taking the total installed capacity to over 4,500 MW in solar […] Read more
ADB Granted Nearly USD 4 Bn in Sovereign Loans and Co-Financing to India in 2018 Updated On Wed, Apr 17th, 2019 by Saurenergy The Asian Development Bank (ADB) committed to providing nearly USD 4 billion in sovereign loans to India in 2018, the highest level of assistance since sovereign operations began in the country in 1986, said the annual report of the multilateral lending agency. In total, ADB, owned by 68 member countries, committed a total of USD […] Read more
Starbucks Invests in Solar Energy to Power 360 Stores in Texas Updated On Tue, Apr 16th, 2019 by Saurenergy Starbucks Coffee Company, Cypress Creek Renewables and U.S. Bank have announced that they are teaming up on a portfolio of solar farms across Texas. As a part of the deal, two solar farms developed, built and now operated by Cypress Creek, a leading solar solution provider, are providing enough energy for the equivalent of 360 […] Read more
SDMC Shifts Focus to Solar Energy and EV Charging Points Updated On Tue, Apr 16th, 2019 by Saurenergy To encourage the public transition to use electric vehicles, the South Delhi Municipal Corporation (SDMC) has set a target to develop at least 50 public charging stations by the end of this financial year. Speaking at the fourth Asia Pacific Forum on Urban Resilience and Adaptation — Resilient Cities Asia Pacific 2019, SDMC commissioner Puneet […] Read more
Solar Pumps Sales Projected to Prosper at 11.7% CAGR Until 2027 Updated On Tue, Apr 16th, 2019 by Saurenergy The global sales of solar pumps have been projected to prosper at 11.7 percent CAGR between 2017 and 2027, as India prepares to take centre stage with robust applications in irrigation. A new research report has estimated that the global solar pumps market will reach up from a value of $822 million in 2017 to a value […] Read more
Petronas Forays into Renewable Energy with Acquisition of Amplus Energy Updated On Mon, Apr 15th, 2019 by Saurenergy Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […] Read more
Salt as Energy Storage: Vattenfall Launches Pilot Project at Berlin Thermal Plant Updated On Fri, Apr 12th, 2019 by Saurenergy Vattenfall, together with the Swedish company SaltX Technology, will test how renewable wind and solar power can be stored in salt. The pilot plant at the Reuter thermal power plant in Spandau, Berlin, has a total storage capacity of 10 MWh and was officially commissioned today. In experiments, SaltX’s patented technology has proven to be […] Read more
