Will Hydrogen Contribute Toward Energy Transition Of India? Updated On Mon, Nov 14th, 2022 by Saurenergy The first few days of CoP27 have shown quite an enthusiasm for the potential of hydrogen to the energy transition. Government and private leaders have endorsed hydrogen as an opportunity and solution to decarbonise the economy. While the countries in the Middle East and North Africa (MENA) region are eager to exploit the potential of […] Read more
KKR’s Subsidiary IndiGrid Records Strong Growth with Q2 FY23 Revenue up 6% YoY Updated On Fri, Nov 11th, 2022 by Saurenergy IndiGrid [BSE: 540565 | NSE: INDIGRID], which claims to be the first Infrastructure Investment Trust (“InvIT”) in the Indian power sector has announced its results for the quarter ended September 30, 2022. The consolidated revenue for the quarter was up 6% YoY in Q2 FY23 to ₹ 5,807 million while the consolidated EBITDA also increased […] Read more
Learnings From the $12 billion Brookfield Bid For Australia’s Origin Energy Updated On Fri, Nov 11th, 2022 by Saurenergy Global investment management firm Brookfield’s $11.8 billion bid that is also supported by the target firm’s board is a clear indication of the volume and direction of money chasing renewable energy assets and growth. Origin energy, which has 4.5 million customrs in Australia, has comitted to a phase out of its non renewable assets. “The […] Read more
Auto Component Giant MT Autocraft Announces 100 Cr Investment in E-Mobility Updated On Fri, Nov 11th, 2022 by Saurenergy Electric vehicle (EV) startup MTA E-Mobility Pvt Ltd was established by MT Autocraft, a provider of machined components and assemblies, with an investment of Rs 100 crore to develop EVs and essential electrical systems. The business constructed a facility of three acres in Palwal, in the national capital area, and will exhibit its goods and […] Read more
Source Galileo JV Sets Sights on 5 GW Renewable Energy Development Updated On Thu, Nov 10th, 2022 by Saurenergy Source Galileo- a Joint Venture between Source Energie and Galileo, is looking at developing over 5 GW of offshore and onshore renewable energy and storage projects in Ireland, Norway, and the UK. Source Energie looks into developing and bringing large new energy projects into operation and Galileo Green Energy is a pan-European, multi-technology, renewable energy developer, owner, and operator. Development activities […] Read more
Erisha E Mobility in JV with German Partner Greenbox for Green Hydrogen Business Updated On Thu, Nov 10th, 2022 by Saurenergy Erisha E Mobility, an entity of Rana Group, that envisions manufacturing, distributes, and exports electric vehicles segment and hydrogen fuel cell buses, has entered into a Joint Venture with German partner Greenbox Global Holding (Greenbox), incorporating Erisha Hydrogen India Private Limited. What the JV offers The JV aims to offer solutions for sustainable energy production, […] Read more
Prosus & South Pole Sign Deal with Innovative New Climate Finance Instrument Updated On Thu, Nov 10th, 2022 by Saurenergy Global technology investor Prosus and South Pole (top provider of climate solutions) have joined forces to use the new D-REC market tool to deliver distributed renewable energy projects in response to growing calls for greater corporate climate action at COP27. High social impact projects in South Africa and India will be their main priorities. Prosus […] Read more
Bank Of America, Crossboundary Partner for RE Expansion Across Africa Updated On Thu, Nov 10th, 2022 by Saurenergy Renewable energy players, governments and financial institutions are leaving no stone unturned to expand the deployment of RE through pacts and agreements on the sidelines of COP-27. African renewable energy conglomerate CrossBoundary Energy has announced in Sharm el-Sheikh, Egypt at the COP27 about their intention to explore financing solutions with Bank of America to rapidly […] Read more
At COP27, UAE And Egypt Agree to Build One of the Largest Wind Farms Updated On Thu, Nov 10th, 2022 by Saurenergy An agreement to build one of the largest onshore wind projects in the world in Egypt was signed recently in the presence of the Presidents of the United Arab Emirates (UAE) and Egypt, according to a formal statement. As per the statement, the agreement was signed by Masdar, a company that develops renewable energy in […] Read more
