Canada’s Brookfield Asset Management Adds $845 Mn for JV with Axis Energy Updated On Fri, Sep 29th, 2023 by Saurenergy Canadian investor in renewable energy, Brookfield Asset Management has announced a second joint venture with Telangana-headquartered clean energy firm, Axis Energy Ventures. Brookfield Asset Management will invest worth $845 million in solar and wind energy projects of the Indian firm. The investment is being made from the Brookfield Global Transition Fund II to accelerate countrywide […] Read more
Clean Energy Investments Have Surged In India: IEA Report Updated On Wed, Sep 27th, 2023 by Saurenergy The International Energy Agency (IEA) has recently released a document on the roadmap for the Net Zero plans. The report indicates the role of government policies in bringing improvement in solar PV. The report emphasizes that the clean energy investment today is dominated by the advanced economies and China. As per the report, large economies such as India […] Read more
India Launches Its First Hydrogen Fuel Cell Bus In Delhi Updated On Mon, Sep 25th, 2023 by Saurenergy Union Petroleum and Natural Gas Minister Hardeep Singh Puri today flagged off India’s first Green Hydrogen Fuel Cell-based bus in the national capital. Puri said that the newly-launched bus posses the virtue of fast charging besides the benefit of being an environment-friendly mode of transport. “The fuel cell utilizes Hydrogen and air to generate electricity […] Read more
Shanghai Electric Firm Secures RMB400 Million Towards Energy Storage Business Updated On Thu, Sep 21st, 2023 by Saurenergy Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric has announced that it has received RMB400 million in Series A financing that will be used to inject added vitality into the development of its energy storage business. Shanghai Electric will focus on promoting the research and development of new systems, promoting its […] Read more
TotalEnergies to Invest $300 Mn in JV with Adani Group for Green Energy Updated On Thu, Sep 21st, 2023 by Saurenergy French multi-energy firm, TotalEnergies, will make an investment to the tune of $300 million in a 50-50 joint venture with Adani Green Energy. This initiative is towards the generation of solar and wind energy in India. The joint venture between the two firms sets sights on 1,050 MW of power. The investment by TotalEnergies will […] Read more
IESA along with Global Alliances to Host World Energy Storage Day Global Virtual Conference & Expo 2023 Updated On Wed, Sep 20th, 2023 by Saurenergy Every year, on September 22, World Energy Storage Day (WESD) is commemorated to recognise the advancement of energy storage, which is at the forefront of the clean energy transition for both the transportation sector and the electric grid (www.energystorageday.org). India Energy Storage Alliance (IESA) along with the world’s major global alliances is set to host […] Read more
IREDA Partners with Bank of Maharashtra for Renewable Energy Updated On Tue, Sep 19th, 2023 by Saurenergy Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise, has joined hands with Bank of Maharashtra (BoM). The partnership is to facilitate co-lending and loan syndication for various renewable energy projects across India. The MoU entails services encompassing co-lending and co-origination support for all renewable energy projects. It […] Read more
Green RTC Power Possible At Rs 6/unit If Green Hydrogen Is Used For Storage: Singh Updated On Fri, Sep 15th, 2023 by Saurenergy Union Minister for New & Renewable Energy RK Singh said that round-the-clock (RTC) renewable energy would cost about Rs 6 per unit if Green Hydrogen is used for storage. He was speaking at the Special Ministerial Session of the Fourth International Conference & Exhibition on Clean Energy in New Delhi today. Singh said that the […] Read more
Technip Energies Partners with IIT Madras to Become Founding Member of Energy Consortium Updated On Tue, Aug 29th, 2023 by Saurenergy Technip Energies, an engineering and technology firm for energy transition, has entered into a partnership with the Indian Institute of Technology Madras (IIT Madras) to explore opportunities under various domains of energy research. This research collaboration will explore pioneering solutions that will shape a sustainable and low-carbon future. The MoU was signed by Davendra Kumar, […] Read more