Avaada Energy Receives $10 Mn in Funding From KfW Subsidiary Updated On Fri, Oct 30th, 2020 by Saurenergy Avaada Energy, one of the leading green energy companies in India, has received USD 10 million in funding from DEG, a subsidiary of the KfW Group. Avaada Energy, one of the leading green energy and renewable energy companies in India, has received USD 10 million in funding from development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG), […] Read more
KKR Launches Renewable Energy Platform ‘Virescent’ in India Updated On Fri, Oct 30th, 2020 by Saurenergy Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Headquartered in Mumbai, Virescent aims to expand its diversified portfolio of operational renewable energy […] Read more
Kinetic Green to invest Rs 1,750 cr in Electric Golf Cart, Battery Swapping Projects in AP Updated On Wed, Oct 28th, 2020 by Saurenergy EV maker Kinetic Green is looking to set up a manufacturing facility for electric golf carts besides a battery swapping unit at an investment of Rs 1,750 crore in Andhra Pradesh, a top company official said. Kinetic Green Energy & Power Solutions, which is a part of the Pune-based Kinetic Group, had in February 2018 announced setting up of a joint venture […] Read more
PM Modi Lists the Seven key Drivers of India’s Energy Map Updated On Tue, Oct 27th, 2020 by Saurenergy PM Modi listed the seven key drivers of change and development that will represent India’s energy map at the India Energy Forum CERAWeek, Prime Minister Narendra Modi delivered the inaugural address at India Energy Forum CERAWeek through video conference, speaking highly of what India has achieved in the energy field and listing the seven key […] Read more
GECF and IRENA Advance Energy Transformation Updated On Mon, Oct 26th, 2020 by Saurenergy Upon the GECF invitation HE Francesco La Camera, Director-General of the International Renewable Agency (IRENA) performed at the 46th edition of the signature Monthly Gas Lecture Series under the title “The Energy Transformation: the Way Forward”. The event focused on continuous energy transition acceleration, as well as necessitated the role of investments in frontrunning technologies […] Read more
EESL Invests in SWAG EV to Catalyse Energy Transformation in SE Asia Updated On Mon, Oct 26th, 2020 by Saurenergy EESL will invest in SWAG EV, an emerging e-mobility player in an attempt to catalyse an energy transformation in Southeast (SE) Asia. Energy Efficiency Services Limited (EESL), as per its claims the world’s largest energy service company, has announced it will invest in SWAG EV, an emerging e-mobility player to drive the use of electric […] Read more
Engie EPS Unveils Hydrogen-Based Energy Storage System in Greece Updated On Wed, Oct 21st, 2020 by Saurenergy Engie EPS has unveiled its hydrogen-based energy storage system built with its proprietary technology in Greece. Engie EPS, has announced the unveiling of the hydrogen-based energy storage system built with its proprietary technology in Agkistro, Greece. The Agkistro site, presented in October in an event attended by numerous representatives of Greek authorities and of the […] Read more
More Jobs, More GDP & Lower Emissions With Green Recovery Plans: Study Updated On Wed, Oct 21st, 2020 by Saurenergy If all major nations developed green recovery plans, global emissions would be lower and millions of new jobs would be created in the energy and transport sectors. If all major nations, including India, the US, UK, etc. developed strong plans for a green recovery from COVID-19, global annual emissions would be seven percent lower in 2030 than […] Read more
Green Term-Ahead Market Will Boost RE Trading in India Updated On Fri, Oct 16th, 2020 by Saurenergy By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […] Read more
