MNRE Invites Startups to Make Innovative Solutions; Offers Reward Up to Rs 10 Lakh Updated On Mon, Aug 19th, 2019 by Saurenergy As per the MNRE, top performer will receive a cash grant of Rs 10 lakh, while second position holder company will get Rs 7 lakh and third rank holder entity will be eligible for Rs 5 lakh as reward. With an aim to encourage new innovations in the country, the Ministry of New and Renewable […] Read more
Shell Recharge Forays Into Southeast Asia With EV Chargers in Singapore Updated On Mon, Aug 19th, 2019 by Saurenergy Royal Dutch Shell has announced that it has successfully debuted its Shell Recharge EV chargers at petrol stations in Singapore Royal Dutch Shell has announced that it has successfully debuted its Shell Recharge electric vehicle (EV) chargers at petrol stations in Singapore, the company’s first such foray in Southeast Asia. The electric vehicle charging service, […] Read more
Kerala Seeking Agencies for Setting up EV Charging Stations Updated On Mon, Aug 19th, 2019 by Saurenergy Kerala State Electricity Board is seeking competent agencies interested in setting up EV charging stations across the southern state. Kerala State Electricity Board Limited (KSEB) is seeking competent agencies interested in setting up electric vehicle (EV) charging stations across the southern state. KSEB, the designated nodal agency appointed by the state government for setting up electric […] Read more
Sembcorp Brings Online 200 MW Wind Project in Gujarat Updated On Mon, Aug 19th, 2019 by Saurenergy Sembcorp Energy India has commissioned a 200 MW wind project at Bhuj in Gujarat. The Indian subsidiary of Singapore-based Sembcorp Industries has announced that it has commissioned a 200 MW wind power project at Bhuj in Gujarat. With this project, the company’s total generation capacity reached 450 MW making it the largest producer of wind […] Read more
Vestas Earnings dip While Recording Highest Quarter Intake and Order Backlog Updated On Sat, Aug 17th, 2019 by Saurenergy Vestas revealed that revenue and earnings decreased while the highest ever quarterly order intake and combined order backlog at an all-time high level. Vestas has revealed that revenue and earnings decreased compared to last year’s second quarter while free cash flow improved. Highest ever quarterly order intake and combined order backlog at an all-time high […] Read more
Energy Vault Gets $110 mn Investment From Softbank Vision Fund Updated On Sat, Aug 17th, 2019 by Saurenergy Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […] Read more
EBRD, OPIC and IFC to Provide $252 mn Loan for 250 MW Wind Farm in Gulf of Suez Updated On Fri, Aug 16th, 2019 by Saurenergy A joint USD 252 million investment by the EBRD, IFC and the OPIC will finance a new 250 MW wind farm in the Gulf of Suez. The European Bank for Reconstruction and Development (EBRD) has announced that it is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest wind […] Read more
Renewable Energy Projects Accounted for 80% of all Energy Financing in 2018 Updated On Fri, Aug 16th, 2019 by Saurenergy A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in India last year, while financing for coal-fired power […] Read more
University of Birmingham and ISA Helping ‘Sun-Rich’ Farmers Updated On Wed, Aug 14th, 2019 by Saurenergy University of Birmingham and ISA are working to help farmers make the most of chilled food distribution systems powered by solar and solar-hybrid solutions. The University of Birmingham and the International Solar Alliance (ISA) have announced that they are working together to help farmers in ‘sun-rich’ countries make the most of chilled food distribution systems […] Read more
