Sembcorp Raises S$675 M Sustainability-linked Bond, IFC Gives S$150 M Updated On Thu, Sep 30th, 2021 by Saurenergy Sustainable solutions provider Sembcorp Industries has launched a sustainability-linked bond (SLB) in Singapore, raising S$675 million for Pan-Asian energy, marking its latest phase in the transition to a net-zero future. Sembcorp received an investment of S$150 million from IFC, a member of the World Bank Group that is the largest global development institution focused on the […] Read more
Dupont Signs VPPA With NexEra Energy for 135 MW of Wind Energy Updated On Fri, Sep 24th, 2021 by Saurenergy DuPont (NYSE: DD) announced on September 23 that it has signed a virtual power purchase agreement (VPPA) with a subsidiary of NextEra Energy Resources, LLC with a generation capacity of the equivalent of 135 megawatts of new wind energy in Texas. The agreement, subject to customary performance conditions, supports DuPont’s Acting on Climate goal of reducing […] Read more
AIIB and IRENA Team-Up to Accelerate Asia’s Energy Transition Updated On Wed, Sep 22nd, 2021 by Saurenergy The Asian Infrastructure Investment Bank (AIIB) and the International Renewable Energy Agency (IRENA) have signed a memorandum of understanding (MOU) committing to work together to support Asia’s energy transition and mobilize greater private capital for renewable energy. The agreement was signed today by AIIB President Jin Liqun and IRENA Director-General, Francesco La Camera, at a […] Read more
Blue Bear Capital Raises $150 million For Investments in Cleantech Startups Updated On Wed, Sep 22nd, 2021 by Saurenergy Blue Bear Capital, a venture and growth equity firm focused on AI-powered solutions for energy, infrastructure, and climate, has raised $150 million to invest in companies to help them build past the startup phase. Like Blue Bear’s first fund, the new fund will focus on digital technologies making an outsized impact in markets including wind, […] Read more
Yulu, Adani Partner to Provide 24×7 Battery Charging Access in Mumbai Updated On Tue, Sep 21st, 2021 by Saurenergy Bengaluru-based e-mobility service provider Yulu has partnered with Adani Electricity Mumbai Limited (AEML), one of the key Mumbai discoms, with the mutual objective of working towards building a sustainable city by reducing traffic congestion and air pollution in Mumbai. With this collaboration, Yulu will have access to multiple AEML premises across Mumbai, and will work […] Read more
“An Electric Future Is Nearer Than We Think”, Mohal Lalbhai, Matter Updated On Wed, Sep 15th, 2021 by Saurenergy Matter is a technology start-up set-up by Mohal Lalbhai, a scion of the Lalbhai Group from Gujarat know more for their textile empire. Founded in January 2019, Matter is a two-year old start-up that seeks to introduce frugal and innovative solutions in the energy storage space which would include batteries for mobility applications, stationary applications, […] Read more
Indonesia Ramping Up Solar Capacity to Meet 18 GW Target For 2025: Report Updated On Tue, Sep 14th, 2021 by Saurenergy Indonesia is considering how to reduce its growing greenhouse gas emissions. A moratorium on new coal power plants bodes well for growth of solar power in Indonesia. Yet harnessing solar power requires government action such as improving transparency around power purchase agreements and revising long- term power plans. A new report, jointly produced by BloombergNEF, […] Read more
TotalEnergies Commits To 1 GW of Solar Capacity For Iraq Updated On Tue, Sep 7th, 2021 by Saurenergy TotalEnergies, the Iraqi Ministries for oil and electricity, and the country’s National Investment Commission have signed, in the presence of the Prime Minister of Iraq, agreements covering several projects in the Basra region in Iraq, designed to enhance the development of Iraq’s natural resources to improve the country’s electricity supply. Iraq, a country rich in […] Read more
China’s CO2-intensive Belt Road Initiative Threat to Environment: Report Updated On Tue, Sep 7th, 2021 by Saurenergy While China has termed Belt Road Initiative (BRI) environmentally sustainable and green, it is a threat to climate change and is responsible for causing environmental degradation as almost 90 per cent of its energy projects are carbon-intensive and operate on fossil fuel, think tank International Forum For Rights and Security (IFFRAS) has recently noted. The BRI […] Read more
