Enel, Fincantieri Will Develop Green H2’s Use in Ports, Sea Transport Updated On Fri, Aug 6th, 2021 by Saurenergy Enel Green Power Italia, a subsidiary of Europe’s biggest utility Enel, and Fincantieri, an Italian shipbuilder, have signed a Memorandum of Understanding (MoU) to develop an integrated solution for the production, supply, management and use of green hydrogen for port areas and long-range maritime transport. “The signing of this agreement,” commented Carlo Zorzoli, Head of Business […] Read more
GreenCell Mobility To Deploy 3,250 Electric Buses Over Three Years Updated On Fri, Aug 6th, 2021 by Saurenergy A pan-India shared electric mobility player, GreenCell Mobility (GCM) has announced plans to deploy 3,250 state-of-the-art electric buses (e-buses) in the coming 3 years as part of its B2C business. The EverSource Capital-backed GrenCell has aggressive plans to launch 750 premium luxury AC e-buses in phase 1 across intercity & inter-state routes that will cover […] Read more
IEX’s Green Term-ahead Market Achieves 76% MoM Growth in July’21 Updated On Thu, Aug 5th, 2021 by Saurenergy Indian Energy Exchange (IEX) traded 7,322 MU volume and clocked 37% year-on-year growth in July 2021, as per the data on power demand published by the National Load Dispatch Centre. Further, national peak demand was registered on July 7, 2021, at 200.6 GW, which recorded a 17.6% YoY increase while the energy consumption at 125.5 BU […] Read more
China: 40 Year Experience in Renewable Energy Development Updated On Wed, Aug 4th, 2021 by Saurenergy In less than 40 years, China has moved from a lagger to global leader status. While the energy demand has steadily grown at an unprecedented pace, frequently at a double-digit growth rate, the share of renewables in the total primary energy consumption ramped up from 4 percent in 1980 to about 13.1 percent in 2019, […] Read more
CI NMF Commits $100 M to RE Investments with Amp Energy India Updated On Mon, Aug 2nd, 2021 by Saurenergy RE-focussed fund management company Copenhagen Infrastructure Partners (CIP) has signed an investment agreement through its Copenhagen Infrastructure New Markets Fund I (CI NMF) with Amp Energy India Private Limited. The agreement enables joint equity investments in excess of USD 200 million in renewable energy projects in India, with the potential for future expansion. Amp India […] Read more
ACME Solar Raises $334 Million Through Offshore Green Bonds Updated On Fri, Jul 30th, 2021 by Saurenergy India’s solar power developer ACME Solar has today announced raising USD 334 million through offshore green bonds. The investment has been raised for 12 of ACME’s solar projects in India, and it will be funded by U.S. dollar-denominated green bonds. These bonds have received the green certification from Climate Bonds Initiative. Also, they will be […] Read more
NTPC REL Calls Bids to Launch Green Hydrogen Fuelling Station in Leh Updated On Thu, Jul 29th, 2021 by Saurenergy National Thermal Power Corporation Renewable Energy Ltd (NTPC REL), NTPC’s wholly owned subsidiary, has invited a domestic tender to set up India’s first green hydrogen fuelling station in Leh, Ladakh. The sale of bid documents would commence from 31st July, 2021, the Ministry of Power has informed . The tender follows the recent tender floated […] Read more
$150 Billion Green Deals in India by 2030 Updated On Thu, Jul 29th, 2021 by Saurenergy International investors expect $150 billion green deals in the Indian Renewables Energy sector by 2030. The money would be a function of both capacity additions in the market as well as trading between players. India’s renewables growth has been in the eyes of international investors and bankers and they are seeking green deals in the […] Read more
ST’s Bouskoura Plant to Use 50% Energy from Renewables by 2022 Updated On Wed, Jul 28th, 2021 by Saurenergy French-Italian semiconductor manufacturing company STMicroelectronics has announced that its Bouskoura site in Morocco will procure 50% of its energy from renewable sources by 2022 compared to 1% in 2020, as part of its action plan to achieve carbon-neutrality by 2027. ST has been present in Bouskoura for over 20 years with a back-end plant which employs […] Read more
