42 Global Organisations Agree on Guiding Principles for Batteries Updated On Fri, Jan 24th, 2020 by Saurenergy As many as 42 global organisations including Amara Raja have agreed on a new set of guiding principles for batteries to power sustainable energy transition. As many as 42 global organisations including Amara Raja Batteries from India have agreed on a new set of guiding principles for batteries to power a sustainable energy transition. Announcing the new […] Read more
Indian IPP ReNew Power Raises $450 Mn via Dollar Bonds Route Updated On Fri, Jan 24th, 2020 by Saurenergy Gurgaon-headquartered renewable energy independent power producer (IPP) ReNew Power has recently raised USD 450 million in funding via issuing dollar bonds. With 7 years of maturity, these dollar bonds were priced at 5.875 percent coupon rate and will be issued in 2 tranches with an average maturity tenure of five-and-a-half years. ReNew Power is among […] Read more
EBRD Agrees €50 Mn Financial Guarantee for Renewables in EU Neighbourhood Updated On Fri, Jan 24th, 2020 by Saurenergy EBRD and the EU have agreed on EUR 50 million in financial guarantees aimed at scaling up investment in renewables in the EU Southern Neighbourhood The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have agreed on a new EUR 50 million programme of financial guarantees aimed at scaling up investment […] Read more
Clear Blue Patents Smart Off-Grid Dynamic Charging Technology Updated On Fri, Jan 24th, 2020 by Saurenergy Clear Blue Technologies has announced that it has successfully received its US Patent for its Smart Off-Grid Dynamic Charging algorithms Clear Blue Technologies has announced that it has successfully received its US Patent for its Smart Off-Grid Dynamic Charging algorithms. The firm delivers clean, managed, wireless power – anywhere and anytime, using its patented Smart […] Read more
Lighting up India’s hinterland Updated On Thu, Jan 23rd, 2020 by Saurenergy India has emerged as the fastest growing energy market in the world. Investments in the sector grew at 12 percent last year with spending on renewable energy (RE) exceeding fossil fuel-based power. The country aims at being a power surplus nation and RE can play a big role in the transition. In April 2018, the […] Read more
MERC Extends Commissioning Deadline for 75.6 MW Wind Project Updated On Thu, Jan 23rd, 2020 by Saurenergy MERC has ordered MSEDCL to extend the Financial Closure and Scheduled Commercial Operation Date for Clean Wind Power’s 75.6 MW wind energy project The Maharashtra Electricity Regulatory Commission (MERC) has in its latest notification ordered the Maharashtra State Electricity Distribution Company (MSEDCL) to extend the Financial Closure (FC) and Scheduled Commercial Operation Date (SCOD) for […] Read more
UAE Announces new Funding Agreements under $50 Mn Caribbean RE Fund Updated On Thu, Jan 23rd, 2020 by Saurenergy The UAE-Caribbean RE Fund has entered into the second cycle of its 3-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has entered into the second cycle of its three-year plan to build climate-resilient renewable energy projects in 16 Caribbean nations, successfully completing new development and […] Read more
MG Motor India Launches ZS EV, India’s First Electric Internet SUV Updated On Thu, Jan 23rd, 2020 by Saurenergy MG Motor India has launched the much-awaited ZS EV, India’s first pure electric internet SUV, at an inaugural price starting at Rs 19.88 lakh. MG (Morris Garages) Motor India has launched the much-awaited ZS EV, India’s first pure electric internet SUV, at an inaugural price starting at Rs 19.88 lakh, for customers who have booked […] Read more
“Climate Emergency” Declared by Spain’s new Govt, Signals Move to RE Updated On Thu, Jan 23rd, 2020 by Saurenergy Spain’s new government has declared a “climate emergency” and pledged to unveil a draft bill on transitioning to renewable energy. Spain’s new government on January 21, 2020, has declared a “climate emergency” and pledged to unveil a draft bill on transitioning to renewable energy within its first 100 days in office. In a statement announced […] Read more