Ola Raises Rs 400 Cr For its Electric Mobility Plan Updated On Wed, Mar 6th, 2019 by Saurenergy This was the first round of investment for Ola Electric, which reportedly is running several pilots to deploy electric vehicles and charging solutions. Ola Electric Mobility, the company backed by Indian car aggregator Ola, announced on Friday that it has successfully raised Rs. 400 crores (roughly $56.4 million) in a funding round led by several […] Read more
Spain Amends Renewable Energy Targets to 74% By 2030 Updated On Wed, Feb 27th, 2019 by Saurenergy The Spanish government has raised the RE target for the country to 74% by 2030, taking the expected installed capacity in the electricity sector to 157 GW. Pointing to the far more favourable conditions and constituency for renewable energy in Spain, as compared to say, the US, the Spanish Council of Ministers has approved the […] Read more
Spain’s Iberdrola Steps Up Plans With Euro 34 Bn Investment Planned by 2022 Updated On Tue, Feb 26th, 2019 by Saurenergy 47% of the overall amount (Euro 16 billion) will be invested in Networks and 39% (Euro 13.3 billion) in Renewables. Generation and Supply will receive 11% of the total (Euro 3.8 billion). Iberdrola is stepping up global growth with investment rising to Euro 34 billion in the 2018-2022 period. This breakthrough means an upward revision from […] Read more
EBRD Deepens Green Finance in Armenia with €2.5 Mn Loan Updated On Tue, Feb 26th, 2019 by Saurenergy Possible investments include technologies such as thermal insulation, photovoltaic solar panels, geothermal heat pumps and water efficient irrigation systems. The European Bank for Reconstruction and Development (EBRD) is intensifying efforts to strengthen energy efficiency in Armenia with the launch of a new Green Economy Financing Facility for the country, co-financed by the Green Climate Fund (GCF). Small and medium-sized enterprises (SMEs) […] Read more
Distributed Energy Projects Awarded $9.6 Mn by ARENA Updated On Tue, Feb 12th, 2019 by Saurenergy These 12 projects and studies are expected to help in maximising the potential benefits of DER technologies owned by households and businesses. The Australian Renewable Energy Agency (ARENA), on behalf of the Australian Government has awarded $ 9.6 million in funding to 12 projects and studies to further integrate distributed energy resources (DER) into the […] Read more
Engie Commissions Kathu CSP Plant in South Africa Updated On Mon, Feb 11th, 2019 by Saurenergy The park is expected to operate for 30 years, with a 100 MW capacity delivering an estimated 390 GWh of electricity every year. French energy and services group, ENGIE has achieved commercial operation of its 100 MW Concentrated Solar Power (CSP) plant in the Northern Cape, South Africa. The solar plant, which is one of […] Read more
Government of India has been making concerted efforts for Developing Energy Storage Technologies Updated On Thu, Feb 7th, 2019 by Saurenergy The Government of India has been making concerted efforts for developing energy storage technologies for managing the variable generation from renewable energy sources, including solar power. In this regard, an Expert Committee chaired by Secretary, Ministry of New and Renewable Energy, has proposed draft National Energy Storage Mission that strives for leadership in the energy […] Read more
Cab Aggregators Urged to Launch Electric Taxis in Gujarat Updated On Wed, Jan 30th, 2019 by Saurenergy Gujarat government has asked cab companies to launch electric taxi’s in the state, to align with the states planned EV push and new electric vehicle policy. The Gujarat Government has asked cab aggregators the likes of Uber and Ola to launch electric taxis in the state. As the government plans for a big push for […] Read more
New Aspirations with New Year! Updated On Thu, Jan 24th, 2019 by Saurenergy The New Year 2019 is ready to be kicked off with all new power promises and aspirations with the rising of the new sun. Everybody in the solar industry is also expecting that this New Year will achieve far greater milestones as compared to the previous year. They also hope, the New Year will bring […] Read more
