25% of Urban Population Lives in a City with RE Target, 18% in India: Report Updated On Fri, Mar 19th, 2021 by Saurenergy A new report has found that 25% of the urban population lives in a city with a renewable energy (RE) target, lowering to 18% in India. The latest Renewables in Cities 2021 Global Status Report shows that more than 1 billion people – about 25 percent of the urban population – live in a city with […] Read more
USAID, DFC to Grant $41 Mn Loan to Help Indian SMEs Finance Rooftop Solar Updated On Fri, Mar 19th, 2021 by Saurenergy USAID and DFC are sponsoring a USD 41 million loan portfolio to help finance investments by Indian SMEs in renewable energy, including rooftop solar. The United States Agency for International Development (USAID) and the U.S. International Development Finance Corporation (DFC) are jointly sponsoring a USD 41 million loan portfolio guarantee to help finance investments by […] Read more
Apple’s $4.7 Bn Green Bond Spend Will Help Generate 1.2 GW Renewable Energy Updated On Thu, Mar 18th, 2021 by Saurenergy Apple’s newly completed projects, part of the company’s USD 4.7 billion Green Bond spend will generate 1.2 GW of renewable energy globally Apple’s newly completed renewable projects, part of the company’s planned USD 4.7 billion Green Bond spend, are bringing clean energy to local communities while reducing carbon emissions. In 2020, Apple funded 17 Green […] Read more
EESL Report Reinforces the Objectives of India Cooling Action Plan Updated On Wed, Mar 17th, 2021 by Saurenergy Energy Efficiency Services Limited, (EESL), a joint venture under the Ministry of Power, Government of India, with support from Global Environment Facility (GEF) and UN Environment Programme (UNEP) launched a market assessment study for Super- Efficient ACs. A report on District Cooling Potential in India was also launched in collaboration with UNEP, GEF, District Energy […] Read more
Siemens Commissions India’s First HVDC Power Transmission Link Updated On Wed, Mar 17th, 2021 by Saurenergy Siemens has successfully commissioned India’s first high-voltage direct current (HVDC) link between Pugalur and Thrissur. Siemens Limited has announced that it has successfully commissioned India’s first high-voltage direct current (HVDC) link featuring voltage-sourced converter (VSC) technology. The 2,000 megawatts (MW) electricity transmission system, consisting of two links between Pugalur in the state of Tamil Nadu […] Read more
419.74 MW Installed in February, Renewable Capacity in India at 92.97 GW Updated On Wed, Mar 17th, 2021 by Saurenergy MNRE in its monthly summary has detailed that with 419.74 MW installed in February, total renewable energy capacity in India has reached 92.97 GW. The Ministry of New and Renewable Energy (MNRE) has issued a monthly summary for the Cabinet for the month of February 2021, detailing all the events and development that took place during the […] Read more
Sunseap Signs Long-Term Agreement with Amazon for Clean Solar Energy to be Tapped from JTC’s solar farms Updated On Mon, Mar 15th, 2021 by Saurenergy Sunseap Group, Singapore’s leading solar energy provider, has signed a long-term agreement with Amazon to export 62 megawatts (MWp) of clean energy to the national grid, that will help Amazon meet its sustainability goals. Sunseap was awarded one of the two contracts under JTC’s SolarLand Phase 3 tender last year, part of JTC’s efforts to […] Read more
Happy Times for Borosil Renewables As Duty on Solar Glass Imports Notified Updated On Mon, Mar 15th, 2021 by Saurenergy India’s Ministry of Finance has formally notified the levy of a countervailing duty (CVD) on the cost, insurance, and freight (CIF) value on the imports of textured and tempered (whether coated or uncoated) glass from Malaysia. the move follows a recommendation from the country’s DGTR (Directorate General of Trade Remedies) in December last year, when […] Read more
Blockchain Powered LO3 Energy Gets $11 Million For Distributed Energy Marketplace Updated On Mon, Mar 15th, 2021 by Saurenergy Portland, US based LO3 Energy has announced the first close of its $11 million Series B led by existing investor Shell Ventures. The money will go towards further development of Pando, LO3 Energys blockchain based solution that creates a marketplace for renewable energy at a community level. The latest infusion sees LO3’s total fund raising […] Read more
