Chicago Sets Sights On Acquiring 100% Renewable Energy By 2025 Updated On Wed, Aug 10th, 2022 by Saurenergy The city of Chicago in the USA has committed to acquiring 100% renewable energy by 2025 for use in all city facilities and activities, and as the first step in that process, has reached an agreement with electricity provider Constellation for the purchase of renewable energy. A 593MW solar PV plant will be built by […] Read more
Industry Reacts: Electricity (Amendment) Bill 2022 Updated On Wed, Aug 10th, 2022 by Saurenergy As the Electricity Amendment Bill (2022) finds itself drawing the ire of the opposition parties, some farmer organisations, and even employees from the public sector power sector, who are vehemently opposing it, industry leaders speak exclusively to Saur Energy International to offer their views on the Bill that has become synonymous with controversy. What The […] Read more
Stung By Gas Volatility, GAIL Plans Bigger Clean Energy Footprint Updated On Wed, Aug 10th, 2022 by Saurenergy Gas major GAIL (Gas Authority of India Limited), which owns the largest gas pipeline network in India besides a presence across the gas value chain, especially the distribution side of it, is quietly adding a larger clean energy component to its future plans. After announcing it’s strong Q1 results for FY 23, the company, which […] Read more
Bangladesh’s IDCOL Raises €80 Million From Germany’s Bank For RE Program Updated On Wed, Aug 10th, 2022 by Saurenergy Infrastructure Development Co. (IDCOL), a Bangladeshi state infrastructure investor, has received a loan of €80 million ($81.4 million) from Germany’s KfW Development Bank to assist enterprises in installing solar plants and solar irrigation pumps. The KfW will sponsor the “Renewable Energy Programme II” project. The interest rate and other terms and conditions are currently being […] Read more
Direct Benefit Transfer: State Saves 33 MU of Power in Agriculture Sector Updated On Wed, Aug 10th, 2022 by Saurenergy In Srikakulam district of Andhra Pradesh, a trial programe for the Direct Benefit Transfer (DBT) program for agricultural energy connections was begun around a year ago. During the 2020–21 financial year, the 26,083 agricultural connections used around 101 million units of power. Since the program was introduced, the number of connections have climbed to 28,393 […] Read more
Energy Storage Company Sheru Enters Coveted Cleantech Open Accelerator Program Updated On Wed, Aug 10th, 2022 by Saurenergy Delhi-based Energy Storage startup, Sheru has been selected for the Cleantech Open Accelerator program 2022 cohort. The Cleantech Open Accelerator program is offering entrepreneurs and innovators training and tools to help them build and expand their cleantech enterprises. Since 2005, it has assisted over 1,800 creative businesses in scaling up, growing, and making a good […] Read more
Shell Completes Acquisition Of Renewables Platform Sprng Energy Group Updated On Tue, Aug 9th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed 100% acquisition of Solenergi Power Private Limited and along with it, the Sprng Energy Group of Companies from Actis Solenergi Limited (Actis)- a leading global investor in sustainable infrastructure Sprng Energy, set up in 2017 by Actis, is a renewable energy […] Read more
Torrent Power Q1 FY23: Profit Sees Two-Fold Surge Updated On Tue, Aug 9th, 2022 by Saurenergy Leading Ahmedabad-based power player Torrent Power Limited has released its Q1 FY-23 results. For the April to June quarter (Q1) of the current financial year, the company’s consolidated net profit increased by more than 140% to Rs 502.01 crore from Rs 207.78 crore in the equivalent quarter of the previous financial year 2021–22. The revenue […] Read more
Skyline Clean Energy Fund Acquires Biogas Facility in Canada Updated On Tue, Aug 9th, 2022 by Saurenergy Skyline Clean Energy Fund (SCEF), an Ontario-based investment fund firm for renewable and clean energy production, has purchased a Lethbridge-based biogas factory. Skyline Clean Energy Fund has purchased all the shares in Lethbridge Biogas General Partner Inc. and the units in Lethbridge Biogas LP. 120,000 tonnes of organic waste can be converted into renewable natural […] Read more
