ADB Arranges $107 Million for BIM Group to Support Wind Project in Vietnam Updated On Wed, Dec 21st, 2022 by Saurenergy The Asian Development Bank (ADB) has signed a financial package of $107 million with BIM Wind Power Joint Stock Company (JSC) to support the operation of an 88 MW wind energy farm located in Ninh Thuan province of Vietnam. The wind project lies to the south-central coast of the South East Asian country. BIM Wind […] Read more
Thailand’s Largest Cement Maker Siam Cement Grp Plans $3 Bn Investment in Renewables Updated On Fri, Dec 16th, 2022 by Saurenergy The largest building materials player of Thailand – Siam Cement Group (SCG) – has now come up with a comprehensive investment plan for the coming five years. The key feature this time is that it has special focus on the environmental aspect of the businesses of SCG and the company looks to strive faster towards […] Read more
In Europe’s Largest Residential Financing, Berlin Unicorn Enpal Closes €855 Mn in Debt Funding Updated On Fri, Dec 16th, 2022 by Saurenergy Berlin-based solar systems maker, Enpal has secured debt funding worth €855 million. The fresh capital is aimed at providing impetus to solar adoption in all of Europe. Enpal, which was founded five years ago, is known for accelerating the adoption of solar systems in the residential sector. The financing comes at a crucial juncture for […] Read more
Home Battery Storage: Are Car Companies Going Beyond EV Charging Systems? Updated On Thu, Dec 15th, 2022 by Saurenergy The advent of electric vehicles as a new mode of mobility also boosted the market for electric vehicle (EV) charging systems worldwide. The market is expected to grow at a CAGR of around 30 per cent between 2021-2028. While the rise of EVs resulting in the growth of the EV charging market is understandable, automakers […] Read more
Cleanmax To Add 33.8 MW of RE Projects With Support From Meta Updated On Wed, Dec 14th, 2022 by Saurenergy To invest in 33.8 MW of brand-new renewable energy projects in India, Mumbai-based CleanMax Enviro Energy Solutions (CleanMax) has teamed up with Meta, the world’s largest internet corporation that owns facebook, Instagram and Whatsapp, among other properties. The projects will feature 21.6 MW of wind and 12.2 MW of solar power systems. The previous year, […] Read more
GEDA Floats Tender for Setting Up 40 Electric Vehicle Charging Stations Updated On Thu, Dec 1st, 2022 by Saurenergy The commissioning, operation, and maintenance of 40 electric vehicle (EV) charging stations at various places around Goa are being solicited by the Goa Energy Development Agency (GEDA). Through the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) program, the charging stations will be installed on a design, build, operate, finance, and transfer […] Read more
Volkswagen’s Aurangabad Factory Adopts 100% Renewable Electricity Updated On Wed, Nov 30th, 2022 by Saurenergy By 2025, German motor vehicle manufacturer, the Volkswagen Group, hoped to have used only green energy (100% Renewable Electricity) at its Aurangabad site. Three years earlier than anticipated, the German automotive giant has already used only renewable energy at its Aurangabad production facility. In 2018, Skoda Auto Volkswagen India Private Limited (SAVWIPL) ordered the installation […] Read more
IIT and IISER Researchers Create New Synthetic Photosynthetic System Updated On Tue, Nov 29th, 2022 by Saurenergy A new artificial light-harvesting system has been created by researchers from IISER-Thiruvananthapuram and IIT-Indore. This system efficiently harvests light for power conversion by simulating photosynthesis, the process by which plants absorb sunlight and make sugars. The study was released in the renowned “Royal Chemical Society – Chemical Science” publication. Officials claim that researchers from all […] Read more
Deloitte Report: Success Factors for Low-Carbon Future in Power Sector Updated On Tue, Nov 22nd, 2022 by Saurenergy A study entitled “Success Factors for a Low-Carbon Future in the Power Sector” has been released by Deloitte India. The development of new technologies and the creation of a framework to reduce risk are being supported by numerous governments and multilateral organizations, which are helping to facilitate the energy transition. Although every nation is distinct, […] Read more
