Biden Administration Announces $207 Mn Investment In Clean Energy Updated On Tue, Jan 23rd, 2024 by Saurenergy The US Department of Agriculture (USDA) Secretary Tom Vilsack recently announced USDA $207 million investment in renewable energy and domestic fertilizer projects. These projects are expected to lower energy bills, generate new income, create jobs, and strengthen competition for US farmers, ranchers and agricultural producers. Many of the projects are being funded by President Biden’s Inflation […] Read more
India Has Around 32 GW of RE Projects Under Bidding Stage: RK Singh Updated On Mon, Jan 22nd, 2024 by Saurenergy Union Minister of New and Renewable Energy RK Singh said in a press conference that no country could excel without sufficient power. “The power shortage in India has come down from around 4.5% in 2014 to less than 1% today,” he said. He added, “Electricity is the most important infrastructure, which is a sine qua […] Read more
US Announces $104mn Investment Plan For New Net-Zero Facilities Updated On Thu, Jan 18th, 2024 by Saurenergy The US Department of Energy (DOE) recently announced $104 million for energy conservation and clean energy projects at 31 Federal facilities. The latest step is part of President Biden’s strategy to re-establish the federal government as a sustainability leader. The funding announced by the President is part of the DOE’s Assisting Federal Facilities with Energy […] Read more
HPTDC To Install EV Charging At Its Hotels To Boost Tourism in Himachal Pradesh Updated On Tue, Jan 16th, 2024 by Saurenergy In an effort to attract tourists, the Himachal Pradesh State Tourism Development Corporation (HPTDC) is installing EV charging stations at its hotels situated across the state. The hotels of the Corporation are strategically located at prominent places such as Barog, Parwanoo, Kiarighat, Darlaghat, and other top destinations along highways. These places witness significant tourist footfall. […] Read more
Certified Heat Pump Installations In UK Increased By 20%: MSC Data Updated On Mon, Jan 15th, 2024 by Saurenergy A recent data by MCS Foundation, an industrial body in the United Kingdom (UK) stated that certified heat pump installations in the country witnessed an increase by nearly around 20 percent in 2023. It accredited this jump to an increase in the demand for renewable energy technologies that reached its highest ever level in the […] Read more
€300 Million IFC Loan For Iberdrola To Back Renewables Versus Coal Updated On Tue, Jan 9th, 2024 by Saurenergy The World Bank’s private lending arm, the International Finance Corporation (IFC) has backed Spanish utility major Iberdrola with a €300 million (US$328.7 million) loan to support and develop renewable energy projects in coal-dependent countries, including Morocco, Vietnam and Poland. According to Iberdrola,€170 million has already been committed to financing onshore wind projects in Poland, one of the biggest European […] Read more
Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round Updated On Fri, Dec 15th, 2023 by Saurenergy A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […] Read more
Adani Group Announces Setting Up Of 30GW Green Energy Park In Gujarat Updated On Fri, Dec 8th, 2023 by Saurenergy Gautam Adani, chairperson of Adani Group recently announced the launch of green energy park that is coming up in Gujarat, Rann of Kutch. In the announcement on X a social media platform he shared details of the upcoming green energy park of 30GW. “Proud to play a crucial role in India’s impressive strides in renewable […] Read more
UAE’s Clean Energy Powerhouse Masdar Expands European Footprint With 1GW Portfolio Updated On Tue, Dec 5th, 2023 by Saurenergy Masdar, the UAE’s clean energy powerhouse announced the acquisition of eight hybrid renewable energy projects, along with Taaleri Energia, a Finland-based renewable energy developer and fund manager, marking a significant expansion to both companies’ Polish renewable energy portfolios. The announcement was made on December 4, and follows a series of announcements by the government owned […] Read more
