MNRE Awards 4 Grants in 2nd Round of PACEsetter Fund Updated On Mon, Sep 23rd, 2019 by Saurenergy MNRE recently awarded grants to the four projects selected in the second round of PACEsetter fund programme. The Ministry of New and Renewable Energy (MNRE) has recently announced that it has awarded grants to the four projects selected in the second round of PACEsetter fund programme. The PACEsetter fund was constituted by India and the USA in […] Read more
Sungrow Debuts 1500V Outdoor Central Inverter at REI 2019 Updated On Fri, Sep 20th, 2019 by Saurenergy Sungrow unveiled a 1500 Vdc outdoor central inverter and the world’s most powerful 1500 Vdc string inverter SG250HX-IN at REI 2019 Sungrow, one of the leading global inverter solution supplier for renewables, has unveiled a comprehensive product portfolio, in particular, a 1500 Vdc outdoor central inverter SG5000UD and the world’s most powerful 1500 Vdc string […] Read more
REI 2019: Session on Startups – Innovation in Manufacturing Needed Updated On Thu, Sep 19th, 2019 by Saurenergy At the ongoing Renewable Energy Exposition 2019, a session on the role of startups in the RE space highlighted that the innovation aimed at solving consumer and business problems are key to its future growth. The first day of the Renewable Energy Exposition (REI 2019) saw the convergence of financiers, startup heads and think tanks […] Read more
Climate Projections of Today Becoming Reality of Tomorrow; need to be strengthened Updated On Tue, Sep 17th, 2019 by Saurenergy During the two-day second stakeholder workshop under East Africa Peru India Climate Capacities (EPICC) project, discussions focused on climate predictions, monsoon, hydrology, and migration Speaking about India Meteorological Department’s (IMD) efforts to improve its forecasting services, Dr Mrutyunjay Mohapatra, Director General, IMD said, “We are providing meteorological services to all districts and at the block […] Read more
Evolution II Fund Reaches Final Close at $216 Million Updated On Mon, Sep 16th, 2019 by Saurenergy Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […] Read more
US Residential Storage Market Sees Record Growth in Q2 2019 Updated On Wed, Sep 11th, 2019 by Saurenergy A new analysis has revealed that a record 35 MW of residential storage was deployed in the US in Q2 of 2019, more than in any other quarter on record A new analysis has revealed that a record 35 megawatts (MW) of residential storage was deployed in the US in the second quarter (Q2) of […] Read more
Hyundai Invests in IONITY to Democratise High-Power EV Charging Network Updated On Tue, Sep 10th, 2019 by Saurenergy Hyundai alongside Kia has announced its investment in IONITY to further enhance the availability of EV charging stations with convenience benefits for its customers Hyundai Motor Company alongside Kia Motors Corporation has announced its investment into IONITY, a joint venture established by global automakers. Under the agreement, Hyundai and Kia, affiliated automotive companies for Hyundai […] Read more
European Utilities, Strategic Vendors Dominate EV Charging M&A Activity Updated On Mon, Sep 9th, 2019 by Saurenergy Strategic vendors and European utilities were responsible for over 80 percent of EV charging M&A activity from 2010 through H1 2019 A new report has revealed that strategic vendors – companies that offer products or services in the EV market – and European utilities were responsible for over 80 percent of electric vehicle (EV) charging […] Read more
IFC Raises $569 mn From 1st Canadian Green Bond Updated On Sat, Sep 7th, 2019 by Saurenergy IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […] Read more
