Need to Look Beyond Green Bonds and Grants, to Risk Capital Updated On Tue, Apr 23rd, 2019 by Saurenergy India’s per capita consumption is at 1/3 of global standards. In effect, helping the world lower its overall energy consumption rather than increasing it. Plastic usage remains among the lowest, notwithstanding the visible pollution we see around us. There is just 4% air conditioning penetration in India. As India moves up or catches up with […] Read more
IIT Roorkee, TERI Join Hands on Research of Thematic Areas of Energy Updated On Mon, Apr 22nd, 2019 by Saurenergy As per the agreement signed, both IIT Roorkee and TERI will collaborate in the areas of mutual interest with special focus on the thematic areas of energy, renewable energy, water management, climate change, food, environment, sustainable habitat and sustainable transport. The Indian Institute of Technology (IIT) Roorkee, Asia’s oldest technical institution, has signed a Memorandum […] Read more
Touchdown – Solar Power Makes a Smooth Landing at Indian Airports Updated On Mon, Apr 22nd, 2019 by Saurenergy With over 100 operational airports, civil aviation in India has emerged as one of the fastest growing sectors in the country during the last three years. India is currently considered the third largest domestic civil aviation market in the world. India’s passenger traffic grew at 16.52 per cent year on year to reach a whopping […] Read more
Exide Acquires Stake in Cleantech’s 3 SPV’s For Procuring Energy From Solar Plants Updated On Sat, Apr 20th, 2019 by Saurenergy Exide Industries has announced that it has entered into 3 separate share subscription and shareholders agreements with Singapore-based Cleantech Solar Energy for three special purpose vehicle (SPV) companies. “Exide Industries Limited has entered into 3 separate SSSAs’ with Cleantech Solar Energy for 3 SPV companies for the purchase of energy from three Captive Power Plants […] Read more
responsAbility Partners with Pune-Based Electronica to Expand Green Lending Facility Updated On Thu, Apr 18th, 2019 by Saurenergy Through this green bond issuance, EFL plans to diversify its product offering and to expand into financing solar PV for the commercial and industrial markets. Swiss impact investment institute, responsAbility has partnered with Pune-based non-banking finance company Eletronica Finance (EFL) to issue green Masala Bonds for expanding EFL’s energy efficient machinery lending portfolio for small […] Read more
Magenta Power Launches Academy to Offer Training and Education in Green Energy Solutions Updated On Wed, Apr 17th, 2019 by Saurenergy The training provides practical tools to accelerate green energy deployment, that shall facilitate knowledge sharing and technology transfer to provide clean, sustainable energy for the world’s growing population. Magenta Power, a pioneer in renewable energy solutions and EV charging infrastructure space in India, announces the launch of its academy ‘MITRA’ that shall support Individuals and […] 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
Greenam Energy Installs Its 1st Floating Solar Plant at Tuticorin Updated On Tue, Apr 16th, 2019 by Saurenergy Greenam Energy, a wholly owned subsidiary of Singapore-based AM International Holdings, has set up its first floating solar power plant at Tuticorin. The 24 MW floating solar power plant would be one of its kind and is the first floating renewable energy initiative to optimise energy production in industrial plants, a company statement said. “Greenam […] 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