EV Startup PiBeam Electric Launches First Utility Electric Two-Wheeler, ‘PiMo’ Updated On Thu, Feb 11th, 2021 by Saurenergy PiBeam Electric, an IIT Madras incubated electric vehicle (EV) startup has yesterday launched its first sustainable, uniquely designed, and affordably-priced electric two-wheeler (E2W) ‘PiMo’. This e-bike can be used for both personal and commercial needs. The company claims that PiMo is India’s first urban utility EV, with a 50 Km Range at a speed of […] Read more
IFC to Support India’s Continuum in First Green Bond Offering in Singapore Updated On Thu, Feb 11th, 2021 by Saurenergy IFC has subscribed to 10 percent of Continuum Green Energy’s first green bond, which listed on the Singapore stock exchange on February 10. One of India’s leading renewable energy developers has tapped the International Finance Corporation (IFC) to anchor its first green bond, helping the country achieve its ambitions to reduce greenhouse gas emissions and […] Read more
Vestas Launches 15 MW Turbines; Sets Sight at Offshore Wind Leadership Updated On Thu, Feb 11th, 2021 by Saurenergy Vestas the global leader in onshore wind has set its sights on taking a leading role in offshore wind with the launch of its 15 MW turbines Vestas, the global leader in the onshore wind segment has now set its sights on taking a leading role in the offshore wind sector. This journey, the firm […] Read more
KKR’s Indian Renewable Venture ‘Virescent’ Assigned ‘AAA’ Rating by CRISIL Updated On Thu, Feb 11th, 2021 by Saurenergy VRET the InvIT proposed by KKR-backed Indian RE platform Virescent Infrastructure has received a ‘AAA/Stable’ provisional rating from CRISIL Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL, an […] Read more
Committed to Reduce Emissions by 33 to 35% From 2005 Levels: PM Modi at WSDS Updated On Thu, Feb 11th, 2021 by Saurenergy PM Modi at the WSDS inauguration reiterated India’s commitment to reduce the emissions intensity of GDP by 33 to 35 percent from 2005 levels. Prime Minister Narendra Modi on February 10, 2021, inaugurated the World Sustainable Development Summit (WSDS) 2021 via video conferencing. During the event, PM Modi reiterated India’s commitment to reduce the emissions […] Read more
Rajasthan to Focus On Renewable Energy Projects for Special Package Under IPS Updated On Thu, Feb 11th, 2021 by Saurenergy In a meeting held under the chairmanship of Chief Secretary Niranjan Arya, six renewable energy projects in Rajasthan have been recommended for consideration of a special package under the state’s investment promotion scheme (IPS). According to the sources from meeting, the proposals are from varied sectors like energy, textile, and manufacturing assuring to generate over […] Read more
EV Manufacturer Rivian Sets Sights for IPO This Year Updated On Wed, Feb 10th, 2021 by Saurenergy Rivian an American electric vehicle (EV) manufacturer, backed by Amazon.com and Ford Motor, is looking to go public (IPO) as soon as September at a valuation of about USD 50 billion or perhaps more, according to people familiar with the matter. The company took to Twitter also, as the tweet reads, “BREAKING: Rivian is looking […] Read more
Global EV Sales to Reach 62 Mn per Year by 2050: WoodMac Updated On Wed, Feb 10th, 2021 by Saurenergy In its latest report, Wood Mackenzie has revealed that Electric Vehicle (EV) sales are expected to reach 62 million units per year by 2050, with a total global EV stock reaching over 700 million. The report suggested, shortly before that date, in 2047, battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV) and fuel cell […] Read more
Jupiter Power Announces 652 Megawatt Hours of Battery Storage Projects Updated On Wed, Feb 10th, 2021 by Saurenergy Jupiter Power will build six stand-alone, utility-scale battery storage projects this year, totaling 652 MWh of energy storage capacity. Utility-scale energy storage company Jupiter Power has announced it will build six stand-alone, utility-scale battery storage projects this year, totaling 652 megawatt hours of energy storage capacity. The projects consist of three 200-megawatt-hour projects and three […] Read more
