South Pole And Oorja To Use New D-RECs For India’s Diesel Problem Updated On Mon, Apr 3rd, 2023 by Saurenergy The D-REC Initiative, a new not-for-profit platform to deliver internationally recognised guarantees of origin from distributed renewable energy, has announced that its new market mechanism and technology has been adopted by farming-as-a-service company, Oorja Development Solutions, and climate advisory and finance business, South Pole, to support last-mile communities in India transition to renewable energy. Approximately […] Read more
Sushil Virmani is New Managing Director of Best Power Equipments (BPE) Updated On Mon, Apr 3rd, 2023 by Saurenergy End-to-end strategic power solutions manufacturer Best Power Equipments Pvt Ltd (BPE) has appointed Sushil Virmani as the Managing Director of the company. The company said that Sushil Virmani, a veteran of the power industry, will be instrumental in fueling the growth of BPE as a global player. Before this, Virmani was the MD of Socomec […] Read more
China’s New Emission Standards Could Squeeze Auto Makers Further In Largest Auto Market Updated On Mon, Apr 3rd, 2023 by Saurenergy The electric vehicle (EV) industry has disrupted the Chinese auto market, the world’s largest today, for good. China has been careful to ensure that domestic firms lead the EV boom, even while allowing Tesla and other incumbents to have a play in the Chinese market too. However, with most outside majors plying mostly ICE vehicles […] Read more
“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL Updated On Wed, Mar 29th, 2023 by Saurenergy Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […] Read more
Over 1100 MUs of Green Power Procured During FY22-23 By Railway Energy Management Company Updated On Wed, Mar 29th, 2023 by Saurenergy Railways around the world are stepping up efforts towards decarbonization and accelerating the employment of renewable sources of energy. Indian Railways have set sights on becoming a net zero emitter by 2030. The Railway Energy Management Company Ltd (REMCL), is a joint venture between RITES Ltd and the Indian Railways. REMCL is the nodal agency […] Read more
IFC Issues Sustainability-Linked Bond Worth $50 Million To Tata Cleantech Capital Updated On Mon, Mar 27th, 2023 by Saurenergy A new funding is set to spur India’s renewable energy capacity and help improve access to climate finance, with International Finance Corporation (IFC) investing INR 3,750 million (about $50 million) in a sustainability-linked bond (SLB) issued by Tata Cleantech Capital. This is the first such instrument issued by a private financial institution in India and […] Read more
BluEarth Acquires 1 GW Solar & Wind Portfolio from Ozone Renewables in USA Updated On Fri, Mar 24th, 2023 by Saurenergy Canadian power producer BluEarth Renewables has announced that it has acquired seven wind and solar development projects in the United States. The total acquired renewable energy capacity is about 1 GW from Connecticut-Based renewable energy giant Ozone Renewables. BluEarth mentioned in its official release that the green energy portfolio is acquired in Washington, Oregon, Ohio, […] Read more
Israel’s Airtouch Solar In Agreement with ACME Group For Bigger India Push Updated On Thu, Mar 23rd, 2023 by Saurenergy Airtouch Solar has deepened its operations in India by signing a multi-year transaction of close to 4 million USD with India-based ACME Group. The agreement will pave tthe path for the supply and maintenance of Airtouch’s solar panel cleaning robots. ACME is a leading solar developer in India and has diversified into Green Hydrogen and […] Read more
Consultant – Assurance – National – Sustainability Services Updated On Thu, Mar 23rd, 2023 by Saurenergy Assurance:- EY’s Climate Change and Sustainability Services (CCaSS) team knows about the evolving pressures surrounding the challenges around environmental, social and governance (ESG) and climate change risks . Our pragmatic business approach is intended to help clients engage with key stakeholders, such as investors, regulators and society, in order to help them respond to the […] Read more
