Mahindra Logistics Unveils Net-Zero Warehouse in Telangana District Updated On Fri, Dec 16th, 2022 by Saurenergy An integrated third-party logistics (3PL) service provider, Mahindra Logistics Ltd. (MLL) has built a new net-zero facility using a sustainable storage design that includes multi-client capabilities, renewable energy, resource conservation, and green cover. The 3.7 lakh square foot modern net-zero multi-client warehouse is located in the Aruna Industrial Park in the Banda Mailaram hamlet of […] Read more
US, Canada, India will Make up 80% of Global Expansion of Biofuel Use: IEA Updated On Thu, Dec 15th, 2022 by Saurenergy A study titled “Analysis and Forecast to 2027” has been released by the IEA (International Energy Agency). The IEA’s main analysis of the industry, Renewables 2022, is based on recent changes in market conditions and policy. It projects the adoption of renewable energy technologies for electricity, transportation, and heating through 2027 while also examining the […] Read more
Verbund AG enters Italy with 250 MWp Solar PV Project Updated On Wed, Dec 14th, 2022 by Saurenergy Verbund AG has announced that its Executive Board has approved the company’s market entry into the Italian market. Verbund AG has signed a cooperation agreement with the PV-Invest Group for the acquisition of a project development company including development of a solar photovoltaic (PV) project portfolio of up to 250 MWp. Verbund said that the […] Read more
Cleanmax To Add 33.8 MW of RE Projects With Support From Meta Updated On Wed, Dec 14th, 2022 by Saurenergy To invest in 33.8 MW of brand-new renewable energy projects in India, Mumbai-based CleanMax Enviro Energy Solutions (CleanMax) has teamed up with Meta, the world’s largest internet corporation that owns facebook, Instagram and Whatsapp, among other properties. The projects will feature 21.6 MW of wind and 12.2 MW of solar power systems. The previous year, […] Read more
EBRD Steps-Up Wind Power Generation In Uzbekistan With $520 million Funding Updated On Wed, Dec 14th, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has announced a fresh deal to support Uzbekistan’s renewable energy through investment in low-carbon technologies to help align the country’s power-sector development with its commitments under the Paris Agreement. EBRD has said that it has arranged two syndicated loans worth $520 million to help construct and put […] Read more
Textile Major H&M Signs PPA With Neoen & Alight For 90 MWp Solar Park In Sweden Updated On Wed, Dec 14th, 2022 by Saurenergy French Renewable energy player Neoen and solar power specialist Alight have announced the signing of a PPA for 90 MWp of green energy in Sweden with the Swedish fashion retailer H&M Group. Under the long-term PPA, the solar park, located in Hultsfred, Sweden, will provide H&M Group with local renewable energy and guarantees of origin, […] Read more
Mahindra CIE Automotive Takes 27% Stake in Captive Power Developer Strongsun Solar Updated On Tue, Dec 13th, 2022 by Saurenergy Automotive component maker and supplier Mahindra CIE Automotive has said that it has invested Rs 2.42 crore in Strongsun Solar. Mahindra has made the investment through a subscription of 3,03,250 equity shares of Rs 10 each of Strongsun Solar which will constitute 27.35% of the post-issue paid-up capital of the renewable energy company. Strongsun Solar […] Read more
Tamil Nadu Poised to Add 25 GW Wind Capacity by 2030: GWEC Updated On Mon, Dec 12th, 2022 by Saurenergy As per a report by Global Wind Energy Capacity Council (GWEC), Tamil Nadu has the potential to add 25 GW of new wind capacity by 2030. With an existing installed capacity of close to 9 GW, the state does have plans in the pipeline for a further 13 GW already by 2030. The roadmap developed […] Read more
Korkia & Solmar Consulting Join Hands to Set up 1 GW Solar Projects in Finland Updated On Mon, Dec 12th, 2022 by Saurenergy Finnish investment firm in renewable energy, Korkia and US-based developer of renewable energy, Solmar Consulting have joined hands for the establishment of solar capacity worth 1 GW in southern, western and south-western Finland. The two firms are already cooperating for the development of multiple solar parks, which are in the works currently. The parks will […] Read more
