IFC to Support India’s Continuum in First Green Bond Offering in Singapore Updated On Thu, Feb 11th, 2021 by Saurenergy IFC has subscribed to 10 percent of Continuum Green Energy’s first green bond, which listed on the Singapore stock exchange on February 10. One of India’s leading renewable energy developers has tapped the International Finance Corporation (IFC) to anchor its first green bond, helping the country achieve its ambitions to reduce greenhouse gas emissions and […] Read more
KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL Updated On Thu, Feb 11th, 2021 by Saurenergy VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […] Read more
Rajasthan to Focus On Renewable Energy Projects for Special Package Under IPS Updated On Thu, Feb 11th, 2021 by Saurenergy In a meeting held under the chairmanship of Chief Secretary Niranjan Arya, six renewable energy projects in Rajasthan have been recommended for consideration of a special package under the state’s investment promotion scheme (IPS). According to the sources from meeting, the proposals are from varied sectors like energy, textile, and manufacturing assuring to generate over […] Read more
Tata Power Partners with Tata Basera to Offer Discounts on Solar Rooftop Products Updated On Wed, Feb 10th, 2021 by Saurenergy Tata Power India’s largest integrated power utility, today announced that it has partnered with Tata Basera to promote its Solar Rooftop Services and Home Automation Products amongst Individual Home Builders and Tata Steel’s channel partners. Under this initiative, individual home builders purchasing rebars from Tata Steel would benefit from additional and exclusive offers from Tata […] Read more
Indian Electricity Sector on Cusp of a Solar Powered Revolution: IEA Updated On Wed, Feb 10th, 2021 by Saurenergy Solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades. According to the latest International Energy Agency (IEA) report, solar power is set for explosive growth in India, matching coal’s share in the Indian power generation mix within two decades in the STEPS – […] Read more
India to see Largest Increase in Energy Demand in the World by 2040: IEA Updated On Wed, Feb 10th, 2021 by Saurenergy India is set to experience the largest increase in energy demand of any country over the next 20 years as its economy continues to develop India’s ability to ensure affordable, clean and reliable energy for its growing population will be vital for the future development of its economy, but avoiding the kind of carbon-intensive path […] Read more
Amazon Announces its Largest Single Renewable Energy Project Updated On Tue, Feb 9th, 2021 by Saurenergy Amazon has now announced the Amazon-Shell HKN Offshore Wind Project, the firms’ largest single-site renewable energy project to date. On December 10, 2020, Amazon became the world’s largest corporate purchaser of renewable energy, and it continues to move quickly to power its operations with 100 percent renewable energy. In line with which, the firm has now […] Read more
India’s Consumption Trends in January Sign of Economic Growth: RK Singh Updated On Mon, Feb 8th, 2021 by Saurenergy Asserting that the Union Budget 2021-22 will pave the way for comprehensive growth in the economy, Union Power Minister RK Singh has said that country’s energy consumption reached an all-time high of 1.89 million gigawatts in January and this is an indication that India’s economy is on a path of growth. “In October 2020, the country’s energy consumption increased by […] Read more
UNEP, Tata Power and Central Railway Partners to Launch EV Charging Points Updated On Fri, Feb 5th, 2021 by Saurenergy The Central Railway, Mumbai, partners with the UN Environment Programme (UNEP) and Tata Power to launch their novel green initiative to promote e-mobility in Mumbai. The joint venture has announced the installation of charging points for electrical vehicles (EVs) as a part of this initiative. These charging points would be available at all important railway […] Read more
