Marsh Launches Insurance Facility For Green & Blue Hydrogen Project Risks Updated On Wed, Aug 24th, 2022 by Saurenergy Global insurance broker and risk advisor Marsh has announced the launch of a first-of-its-kind insurance and reinsurance facility that provides dedicated insurance capacity for new and existing green and blue hydrogen energy projects. Marsh said that the facility is developed by the company in collaboration with insurers Liberty Specialty Markets and AIG. The facility provides […] Read more
IREDA Inks MoU with Bank of India for Co-Lending for RE Projects Updated On Wed, Aug 24th, 2022 by Saurenergy To facilitate co-lending, co-origination, and loan syndication for renewable energy projects, The Bank of India (BoI) and the Indian Renewable Energy Development Agency Limited (IREDA) inks MoU (Memorandum of Understanding). IREDA is one of the earliest and largest renewables-focused financial institutions. The MoU will enable cooperation between IREDA and BoI on renewable energy initiatives including […] Read more
Korea’s Largest Hydrogen Production Complex Ready in Gyeonggi Province Updated On Wed, Aug 24th, 2022 by Saurenergy Gyeonggi Provincial Government of South Korea has announced that a hydrogen production complex capable of supplying fuel for 410,000 hydrogen vehicles per year is opened in Pyeongtaek City in the Province. As per the official statement by the government, it is the first of its kind in the Korean capital region. Gyeonggi Province expects that […] Read more
The Top 5: Reasons Oil Firms Are Choosing Offshore Wind Updated On Tue, Aug 23rd, 2022 by Saurenergy The wind of change from non-renewable to renewable energy sources is driving businesses’ investments toward green energy across the globe. Oil firms are not an exception either. Many of the major oil firms worldwide are choosing to invest in offshore wind as a preferred renewable energy source. While some industrial leaders – like ConocoPhillips, Shell, […] Read more
IRENA Report on Scenarios for The Energy Transition Updated On Mon, Aug 22nd, 2022 by Saurenergy IRENA has published this research report titled “Scenarios for the Energy Transition: Experience and good practices in Latin America and the Caribbean.” In this research report, examples of this type that were discussed during the webinar series “Long-Term Energy Scenarios (LTES) for Developing National Clean Energy Transition Plans in Latin America and the Caribbean” are […] Read more
Climate Change Threatens India’s Solar And Wind Energy Potential: IITM Study Updated On Mon, Aug 22nd, 2022 by Saurenergy Pune-based Indian Institute of Tropical Meteorology (IITM) has revealed in its latest study that the renewable energy in India – specifically solar and wind – may see a downward trend due to the ravages of climate change. The study is titled as ‘Analysis of future wind and solar potential over India using climate models’ and published […] Read more
Major APTEL Relief For Maharashtra Wind Developers Updated On Mon, Aug 22nd, 2022 by Saurenergy In an order marked as much by the final order as adverse comments and notings on two key Maharashtra government undertakings, namely MSEDCL and MEDA, APTEL (Appellate Tribunal for Electricity) has provided relief to multiple wind developers in the state. In doing so, APTEL has also seen fit to note that even MERC (Maharashtra Electricity […] Read more
Mahindra Electric’s FY 2022 Revenues Hit Rs 443.8 Cr As Losses Drop Updated On Mon, Aug 22nd, 2022 by Saurenergy Electric vehicles are the future and Indian car makers such as Mahindra which has been testing the EV waters for the past decade anticipates 20-30% of its portfolio to comprise electric vehicles by 2027. To ramp up its EV capabilities, Mahindra & Mahindra had recently created a new EV unit Ev Co and raised $250 […] Read more
L&T Looks to Invest Upto $2.5 Billion In Green Energy Updated On Mon, Aug 22nd, 2022 by Saurenergy Engineering conglomerate Larsen & Toubro (L&T) is mulling to invest upto $2.5 billion in the coming three to four years and work throughout the value chain of green energy to create green assets. This may be aimed at realising water neutrality by 2035 and carbon neutrality by 2040. The L&T officials have revealed the fact […] Read more
