UPS Invests in Arrival, Commits to 10,000 Electric Delivery Vehicles Updated On Thu, Jan 30th, 2020 by Saurenergy UPS Ventures has completed a minority investment in Arrival, and also announced a commitment to purchase 10,000 electric vehicles United Parcel Service or UPS, an American multinational package delivery and supply chain management company has announced that its venture capital arm, UPS Ventures, has completed a minority investment in Arrival, which makes electric vehicle (EV) platforms and purpose-built […] Read more
ICRA Predicts Slowdown in Wind Energy Capacity Addition in FY2020 Updated On Wed, Jan 29th, 2020 by Saurenergy ICRA has revised the outlook for the wind energy sector from stable to negative, predicting the Wind energy capacity addition to be subdued in FY2020 Wind energy capacity addition to be subdued in FY2020, amid challenges with payment delays from discoms and tight financing environment. In this context, ICRA has recently revised the outlook for […] Read more
Limiting Global Warming Will Minimise Climate Costs: Study Updated On Tue, Jan 28th, 2020 by Saurenergy A recent study suggests that if global warming can be restricted to 2 degrees Celcius, the costs of climate damage control will also decrease. A recent study by a group of Postdam scientists has found that the Paris Agreement apart from being politically sensible makes sense in terms of the economy as well. The Paris […] Read more
Railways to run on 100% Electricity by 2024: Piyush Goyal Updated On Mon, Jan 27th, 2020 by Saurenergy Union Minister for Railways and Commerce Piyush Goyal has announced that the entire network of railways in the country will run on electricity by 2024. Union Minister for Railways and Commerce Piyush Goyal has announced that the entire network of railways in the country will run on electricity by 2024. “We are embarking on rapid electrification of the rail network by 2024, we […] Read more
Madhya Pradesh Secures Rs 4000 Cr in Investments for 2 Wind Projects Updated On Sat, Jan 25th, 2020 by Saurenergy Madhya Pradesh gained significantly at Davos, with investors promising to invest Rs 4000 crore for the development of two wind energy projects in the state. Madhya Pradesh gained significantly at Davos, where the World Economic Forum (WEF) is holding its annual meet, with investors promising to invest Rs 4,125 crore, of which Rs 4000 crore has been promised […] Read more
Envision Energy Commissions two Wind Projects in Gujarat Worth 232.5 MW Updated On Fri, Jan 24th, 2020 by Saurenergy Envision Energy has successfully commissioned two wind energy plants in the state of Gujarat with a combined generation capacity of 232.5 MW. Chinese wind turbine manufacturer Envision Energy has announced that it has successfully commissioned two wind energy plants in the state of Gujarat with a combined generation capacity of 232.5 MW. The contracts involved […] 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
Total to Install & Operate 20,000 EV Charging Points in Netherlands Updated On Wed, Jan 22nd, 2020 by Saurenergy MRA-Electric has awarded Europe’s largest concession contract for EV charging to Total to install and operate up to 20,000 charging points in the Netherlands The Metropolitan Region Amsterdam Electric (MRA-Electric) has awarded Europe’s largest concession contract for electric vehicles (EV) charging to Total. Under this agreement, Total will install and operate up to 20,000 new […] Read more
Clean Energy Flunks The Easy Financing Test Updated On Mon, Jan 20th, 2020 by Saurenergy For a Sector that requires one of the largest sustained funding requirements in decades, financing for clean energy investments in India has had a rocky ride. The three year lock-in for developers is the most recent obstacle. Bankability. That’s a word that is highlighted proudly across the solar chain, and whose value can never be […] Read more
