Europe Invested €43 Bn in 2020 to Cover 20 GW of new Wind Farms Updated On Thu, Apr 15th, 2021 by Saurenergy Europe invested EUR 43 billion in new wind farms in 2020, the second-highest annual amount on record, to fund 20 GW of new projects. Europe invested EUR 43 billion in new wind farms in 2020, the second-highest annual amount on record. The investments cover 20 GW of new capacity that will be built in the […] Read more
IKEA’s First Investment in Russia’s Solar Projects Covers 160 MW Updated On Wed, Apr 14th, 2021 by Saurenergy Ingka Group, the largest IKEA retailer, has announced that its investment arm, Ingka Investments, will fund 160 MW of solar projects, worth $272 million, in south-west Russia, so as to accelerate its investment in renewable energy. The Netherlands-based company has signed an agreement with Solar Systems, LLC, to acquire a 49% stake in its eight […] Read more
Oberoi Group Signs MoU with EESL to Further its Sustainability Initiatives Updated On Wed, Apr 14th, 2021 by Saurenergy The Oberoi Group has signed an MoU with EESL for implementing energy-efficient initiatives, including clean energy systems on its properties With the aim to augment its sustainability initiatives, The Oberoi Group has signed a Memorandum of Understanding (MoU) with Energy Efficiency Services Limited (EESL), a joint venture of 4 PSU’s under the Ministry of Power. […] Read more
UCR Scientists Upcycle PET Bottles to Make EV Batteries Updated On Wed, Apr 14th, 2021 by Saurenergy Could excess plastic waste be used to reduce carbon emissions? Sounds too good to be true? Well, researchers at the University of California, Riverside, have devised a way to turn polyethylene terephthalate (PET) found in consumer plastic bottles into material useful for producing sustainable energy storage. While the storage capacity of batteries made using this […] Read more
Tata Power Commissions India’s Largest Natural Ester Filled Power Transformer Updated On Mon, Apr 12th, 2021 by Saurenergy Tata Power has announced the commissioning of India’s largest natural ester filled power transformer in the Mumbai Transmission network Tata Power, India’s largest integrated company is committed towards ensuring safety and sustainability for its stakeholders, environment and the community. In line with this commitment, Tata Power has announced the commissioning of India’s largest natural ester […] Read more
Agrivoltaics Promise Coexistence With Agriculture For Solar Updated On Fri, Apr 9th, 2021 by Saurenergy Solar, despite great progress for towards becoming the cheapest, greenest and cleanest source of power, still has one weak spot. The large tracts of land that are needed for every MW of solar produced on the ground. At almost 5 acres per MW, this has regularly been pointed out as the biggest achilles’ heel for […] Read more
Even As Solar Glass Prices Retreat, Price Pressures To Continue On Modules in 2021 Updated On Wed, Apr 7th, 2021 by Saurenergy The year 2020 was highly profitable for solar glass manufacturers everywhere. Not because they sold more, but because they could get much higher prices for their output. After being range bound for all of 2019 and right upto August 2020 between RMB 25-27 (1 RMB = Rs 11.3), solar glass prices shot up to a […] Read more
ECP Announces Closing of $1.2 Bn Continuation Fund for RE Platform Terra-Gen Updated On Tue, Apr 6th, 2021 by Saurenergy ECP today announced the successful completion of its first Continuation Fund with $1.2 billion in capital commitments, and the closing of the fund’s subsequent acquisition of the remaining 50% interest held by ECP’s third fund, ECP III, in Terra-Gen (the “Company”), a leading renewable energy developer and operator. ECP previously sold a 50% stake in the Company […] Read more
GCF Approves USD 137 Mn FMO Investment in India’s Green Growth Equity Fund Updated On Tue, Apr 6th, 2021 by Saurenergy The Board of GCF has approved the proposal by FMO to accelerate private and public sector investment in India’s green infrastructure projects. The Board of the Green Climate Fund (GCF) has approved Dutch development bank FMO’s proposal to accelerate private and public sector investment in India’s green infrastructure projects. Through the Green Growth Equity Fund […] Read more
