ISA Decides On Solar Facility To Expedite Funding Updated On Fri, Oct 21st, 2022 by Saurenergy In its fifth general assembly, International Solar Alliance (ISA) has approved the creation of a ‘Solar Facility’ which will be a financial instrument to encourage investments in solar energy through insurance funds and payment guarantee. Readers will recall that a key mandate of the ISA itself was to enable financing for solar in developing countries. […] Read more
USA’s Triton Electric Vehicle Issues Rs 8060 Cr LoI to Bharat Electronics for Battery Packs Updated On Thu, Oct 20th, 2022 by Saurenergy Navratna Defence PSU Bharat Electronics Limited (BEL) has received a Letter of Intent (LoI) from USA-based and a subsidiary of Triton Electric Vehicle LLC electric vehicle company Triton Electric Vehicle India (TEV) for the purchase of 300 KW Li-Ion Battery Packs for its semi-truck project in India at an estimated cost of Rs. 8060 Crores. […] Read more
Asia Brewery Awards 13.8 MWp Rooftop Project to TotalEnergies ENEOS Updated On Wed, Oct 19th, 2022 by Saurenergy Asia Brewery Inc. (ABI), a diversified beverage company based in the Philippines, has given TotalEnergies ENEOS a contract for a 13.8 MWp solar photovoltaic (PV) system power plant on one of its manufacturing plants in the country. About 24% of the facility will be powered by renewable energy thanks to this technique. One of the […] Read more
Singapore’s LNG Alliance Sets Up Business Unit in India for New Energies Updated On Wed, Oct 19th, 2022 by Saurenergy Singapore-based LNG Alliance has said that its affiliate Carbon Governance has established a new business unit Linga New Energies in Chennai, Tamil Nadu, India to serve as a leading-edge technology hub for green hydrogen. LNG Alliance said in its official statement that the key focus of the new company will be new energies project developments […] Read more
Indian Market Is The Biggest Market For Solar; Will Continue To Be: MNRE Min R K Singh Updated On Wed, Oct 19th, 2022 by Saurenergy The press conference for the fifth assembly of the International Solar Alliance (ISA) held in New Delhi, was led by the MNRE Minister R K Singh, who shared significant insights on the work being done by the organisation while also shedding light on several aspects of the Indian solar industry that are gaining momentum. Here […] Read more
POSCO Holdings, GS Energy In Tie-Up To Recycle Secondary Batteries Updated On Tue, Oct 18th, 2022 by Saurenergy POSCO Holdings has announced that it has signed an agreement for the establishment of a secondary battery recycling joint venture with GS Energy called ‘POSCO-GS Eco Materials.’ The official statement held that the agreement was signed on October 6. POSCO Holdings signed a joint venture agreement with GS Energy to establish a new company, POSCO-GS […] Read more
Renew Power to Invest INR 30,000 Cr in Solar, Wind Energy By 2025 Updated On Mon, Oct 17th, 2022 by Saurenergy Renewable energy conglomerate ReNew Power hopes to invest INR 30,000 crore in the coming two years in solar and wind energy capacities according to reports. ReNew Power Chairman Sumant Sinha has said that ReNew has 5,000 MW of projects which it is building presently as it has won auctions and has Power Purchase Agreements. The […] Read more
Capital Dynamics Raises EUR 521 Million for Clean Energy Infrastructure Fund Updated On Fri, Oct 14th, 2022 by Saurenergy Independent private asset management firm based in Singapore, Capital Dynamics has announced the final closing of Capital Dynamics Clean Energy Infrastructure IX (CEI IX), which is the company’s latest renewable energy fund. The official statement held that CEI IX exceeded its initial target of EUR 300 million by approximately 75% and closed with EUR 521 […] Read more
iVOOMi Partners with Bajaj FinServ, L&T to Offer Easy Financing Solutions Updated On Fri, Oct 14th, 2022 by Saurenergy Pune-based electric two-wheeler manufacturer iVOOMi Energy recently partnered with Bajaj FinServ and L&T to promote the adoption of electric scooters through easy retail finance options to its consumers. iVOOMi and Bajaj FinServ have teamed to offer up to 100% EV finance at zero down payment with a minimum 7% interest rate to give customers viable […] Read more
