EV Connect Secures $12 mn in Funding Led by Japan’s Mitsui Updated On Wed, Oct 23rd, 2019 by Saurenergy EV Connect, which has developed cloud-based solutions to expand the world’s EV charging ecosystem, has secured USD 12 million in funding led by Mitsui EV Connect has announced that it has closed a USD 12 million Series B funding round. Lead investors, Mitsui and Ecosystem Integrity Fund, are joined by other venture investors to support […] Read more
Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA Updated On Mon, Oct 21st, 2019 by Saurenergy A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […] Read more
SECI Issues RfS for 400 MW ‘Round-the-Clock’ RE Power Updated On Mon, Oct 21st, 2019 by Saurenergy SECI has issued its RfS for the “Round-the-Clock” supply of 400 MW renewable energy to NDMC and Dadra & Nagar Haveli. The Solar Energy Corporation of India (SECI) has issued its Request for Selection (RfS) document for the selection of renewable energy developers for “Round-The-Clock” supply of 400 MW renewable energy to the (200 MW) […] Read more
Spain’s Ingeteam Secures R&D Loan from EIB Updated On Fri, Oct 18th, 2019 by Saurenergy EIB will finance Ingeteam’s innovative activities by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The European Investment Bank (EIB) will finance the innovative activities at Ingeteam by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The goal of the agreement is to support Ingeteam’s research, development […] Read more
ADB Invests Rs 704 Crore in Thai Green Bond Updated On Fri, Oct 18th, 2019 by Saurenergy ADB will invest Rs 704 crore in Energy Absolute’s green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolute’s maiden green bond issuance, proceeds from which will […] Read more
Mining Operations in Australia to be Powered by Renewable Energy Updated On Fri, Oct 18th, 2019 by Saurenergy Western Australia’s Pilbara region will be the first major iron ore mining operation in Australia to be run entirely off renewable energy during the day. Western Australia’s Pilbara region is set to be home to the first major iron ore mining operation in Australia to be run entirely off renewable energy during the day. On […] Read more
DMRC Floats Tenders for Procurement of Electric Buses Updated On Mon, Oct 14th, 2019 by Saurenergy DMRC has issued two tenders in a bid to procure 100 air-conditioned electric buses to be operated in its east and north Delhi clusters. The Delhi Metro Rail Corp (DMRC) has issued two tenders in a bid to procure 100 air-conditioned electric buses to be operated in its east and north Delhi clusters. The buses […] Read more
Risen Energy Wins 150 MW Module Order in Malaysia Updated On Mon, Oct 14th, 2019 by Saurenergy Risen Energy has received an order to provide 150 MW of high-efficiency solar PV modules to power up a power station in Malaysia. Chinese solar panel maker Risen Energy has recently announced the receipt of an order to provide 150 MW of high-efficiency solar PV modules to a power station in Malaysia. The order for […] Read more
Hydrogen Could Play a Central Role in Global Energy Transition: IRENA Updated On Fri, Oct 11th, 2019 by Saurenergy Hydrogen from renewable energy could play a central role in the global energy transition, the latest report by IRENA finds. Hydrogen from renewable energy could play a central role in the global energy transition, the latest report by the International Renewable Energy Agency (IRENA) finds. ‘Hydrogen: a renewable energy perspective’ estimates that hydrogen from renewable […] Read more