India Moves to 3rd in Latest Renewable Energy Attractiveness Index Updated On Thu, May 20th, 2021 by Saurenergy A piece of positive news has come from Ernst & Young Global Limited (EY), which released its 57th Renewable Energy Country Attractiveness Index (RECAI) yesterday, granting the third position to India due to its continued progress in solar energy. The biannual RECAI ranks the world’s top 40 markets on the attractiveness of their renewable energy investment […] Read more
Power Factors Set to Acquire Software Platform 3megawatt Updated On Wed, May 19th, 2021 by Saurenergy Costa Mesa-headquartered Power Factors, LLC, a leading renewable energy software provider in the U.S., announced today its entry into a definitive agreement to acquire 3megawatt GmbH, the German developer of the best-in-class BluePoint asset management software platform. Power Factors, LLC, offers hardware-agnostic software-as-a-service solution for performance monitoring, asset management, and optimization. 3megawatt’s mission is to […] Read more
Adani to Acquire SB Energy’s 5 GW Portfolio in India’s Largest Renewables M&A Deal Updated On Wed, May 19th, 2021 by Saurenergy Adani Green Energy has signed agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank & Bharti Group Adani Green Energy Limited (AGEL), has announced that it has signed the share purchase agreements for the acquisition of 100 percent interest in SB Energy India from the SoftBank Group (80 percent) […] Read more
“India Needs Schemes that can support the market expansion”, Stefan Louis, Nexcharge Updated On Tue, May 18th, 2021 by Saurenergy Nexcharge, the Joint venture between Exide India and Leclanché, Switzerland, (Exide Leclanché Energy Private Limited) completes three years this year. It’s been a period of major changes on the battery storage front, with Lithium Ion batteries finally given the importance they deserve, with support from both the official PLI schemes and a major push from […] Read more
How Cities Can Take Action to Drive the Energy Transition: IRENA Updated On Tue, May 18th, 2021 by Saurenergy The dominance of fossil fuels in the urban energy supply puts cities on the frontline of climate change. Cities account for about 75% of global primary energy use and are responsible for 70 per cent of energy related greenhouse gas (GHG) emissions, making them key actors in both national and global efforts to transition to […] Read more
DCPSC Awards Contract to Study Integration of Distributed Energy Resources in the District Updated On Mon, May 17th, 2021 by Saurenergy Award will subcontract 63% of the contract value to certified business enterprises The Public Service Commission of the District of Columbia (Commission) has awarded a contract to Synapse Energy Economics, Inc. (Synapse) to conduct a study on how distributed energy resources (DERs) can help the District achieve its clean energy goals of 100% renewable energy by […] Read more
Leading CEO’s Ask Newsom to Dedicate $500 Mn in Hydrogen Infrastructure Funds Updated On Mon, May 17th, 2021 by Saurenergy Executives of Major Energy Companies Point to Public Sector Support to Bolster Millions in Private Sector Investment In a letter to Governor Gavin Newsom, executives of 25 multi-national companies today called for major new investments in hydrogen infrastructure in the Golden State. “At this still early stage in market development, the signal California sends on […] Read more
ADB Supports India’s Covid-19 Response Through Record Annual Lending Updated On Mon, May 17th, 2021 by Saurenergy Manila-headquartered Asian Development Bank (ADB) said on Thursday that it had committed $3.92 billion in sovereign loans for 13 projects to India in 2020, including $1.8 billion in projects to support the Government of India’s coronavirus disease (COVID-19) pandemic response. This is ADB’s highest-ever annual lending commitment to India since the start of its lending operations […] Read more
Germany’s Enapter Prepares AEM Multicore for Green H2 Production Updated On Sat, May 15th, 2021 by Saurenergy Germany-headquartered Enapter, a hydrogen generator manufacturer, has recently announced that it is expanding its product portfolio to the megawatt-class with the AEM Multicore electrolyser. The final development of the new model has started, further tapping into the innovative potential of Anion Exchange Membrane (AEM) technology. The AEM Multicore will be introduced to the market next […] Read more