EIB & Banco Santander Promote Renewable Energy in Brazil with €300 Million Loan Updated On Wed, Jul 19th, 2023 by Saurenergy The European Investment Bank (EIB) and Banco Santander (Brasil), one of the largest foreign banks in Brazil, have signed an agreement to foster the use of renewable energy in Brazil. Ricardo Mourinho Félix, Vice-President of the EIB, and Carlos Rey de Vicente, Banco Santander’s Regional Head for South America, signed a €300 million loan in […] Read more
Senior Manager – Energy & Smart Mechanical Servcies Updated On Tue, Jul 18th, 2023 by Saurenergy Siemens’ Energy and Performance Services (EPS) aims to run end-to-end Smart Sustainability Program through solutions in Cooling systems (HVAC, AHUs), Heating systems (Heat pumps, boilers, etc), Microgrid technologies, Energy storage solutions, Renewable energy solutions, , etc for commercial & industrial customers. This position is for driving and developing recurring service business out of installed EPS […] Read more
Japan’s Orix Bank to Extend $2.89 Billion Funding For Renewables Portfolio Updated On Mon, Jul 17th, 2023 by Saurenergy Japanese digital lender Orix Bank will extend roughly 400 billion yen ($2.89 billion) of financing this fiscal year to renewable energy and logistics projects in a bid to diversify its portfolio away from real estate. The lending, which is to be directed toward project financing, will account for nearly a fifth of outstanding loans projected […] Read more
Half-Yearly Report: Indian Wind Energy Installations Surpass 2022 Records Updated On Fri, Jul 14th, 2023 by Saurenergy The Indian Wind Energy industry seems to be bouncing back after a lull. A comparative study of the monthly installed capacity data of different power sources hinted at the rise of wind energy installations in the country in 2023. According to the monthly reports on wind energy capacities during the first half of 2023, the […] Read more
Eku Energy Secures Exclusive Rights for 1 GW Battery Storage Projects in Italy Updated On Thu, Jul 13th, 2023 by Saurenergy The energy storage developer Eku Energy has signed a Framework Agreement with Renera Energy, a European consulting, trading and development group, securing the former exclusivity over 1 GW of battery storage projects in Italy. As part of the agreement, Eku Energy is already funding projects with a combined capacity of over 100 MW in the […] Read more
From Potential to Progress: What Does Africa Renewable Energy Journey Look Like? Updated On Thu, Jul 13th, 2023 by Saurenergy With 33 out of the world’s 47 least-developed countries nestled within its borders, and with more than half of the population in Africa having no access to electricity, the African continent stands as a veritable gold mine for those with a vision for progress in renewable energy. This article focuses on the progress made against […] Read more
Amp Energy India Chalks Out New Identity as Ampin Energy Transition Private Limited Updated On Mon, Jul 10th, 2023 by Saurenergy Amp Energy India, an energy transition platform and Renewable Energy IPP with a total portfolio of over 3 GW spread across 17 states in the country, has announced its rebranding as Ampin Energy Transition Private Limited. The firm says that the new identity reflects the firm’s commitment to accelerating the transition to renewable energy sources […] Read more
1 Terawatt and Beyond: Solar Energy’s Unstoppable Rise and What Lies Ahead Updated On Mon, Jul 10th, 2023 by Saurenergy Solar has come a long way in the last few years, from over 100,000 megawatts in 2012 to one terawatt now (1 terawatt is 1 million megawatts). So, what spurred this development? What were the factors that facilitated the achievement of this feat? We’ll be going over humanity’s journey to 1 TW of installed capacity […] Read more
Alternate Energy: GAC Unveils Liquid Ammonia Engine for Cleaner Mobility Updated On Wed, Jul 5th, 2023 by Saurenergy Guangzhou Automobile Group (GAC), a Chinese state-owned manufacturer, has unveiled a prototype engine that utilizes liquid ammonia as a fuel, presenting a potential alternative to electricity and hydrogen. The unveiling was done at the firm’s annual flagship conference. The development of this innovative internal combustion engine (ICE) is a result of collaboration between GAC and […] Read more
