India’s Green Bond Market at Just 3.8 % of Overall Domestic Corporate Bond Market Updated On Mon, Feb 13th, 2023 by Saurenergy The green bond market in the country accounts for only 3.8 % of all outstanding corporate bonds exceeding USD 500 billion, say market reports. As per media reports, Fitch Ratings said that as of January 2023, GSSS (Green, Social, Sustainability and Sustainability-linked Debt) bonds accounted for USD 20 billion or 3.8 % of the country’s […] Read more
Redwood Materials Gets $2 Billion Federal Funds For EV Battery Materials Plant Updated On Mon, Feb 13th, 2023 by Saurenergy The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) has announced a loan of $2 billion to Redwood Materials for the construction and expansion of a battery materials campus in Nevada. This is to support the growing EV market in America. DOE said that the Redwood Materials project will be the first facility in […] Read more
Morocco Eyes 1.6 GW Renewables with $1.95 Billion Investment in Disputed Western Sahara Area Updated On Thu, Feb 9th, 2023 by Saurenergy Morocco is emerging as the top performer when it comes to the adoption of renewables and minimizing the use of fossil fuels to generate power. In a new development, Morocco has launched a new project for renewable energy development in Western Sahara region with a massive investment of 20 billion dirhams ($1.95 billion). The announcement was made […] Read more
European Investment Bank Greenlights India’s Large Scale Hydrogen Projects with 1Bn Euro Updated On Thu, Feb 9th, 2023 by Saurenergy In a major announcement that will give India’s Hydrogen projects a push, the European Investment Bank (EIB) has given its nod on joining the India Hydrogen Alliance (IH2A) and provide impetus to green hydrogen hubs on large scale for projects located in India. Following Indian government and EIB approvals, the funding is pegged at close […] Read more
Himachal’s Sirmaur District to Get 100 EV Charging Stations Updated On Thu, Feb 9th, 2023 by Saurenergy The electric vehicle industry is rising and its robust expansion in near future looks imminent for multiple reasons – policy support, capacity of industries and environmental consciousness of consumers. Hence, in order to up the adoption of EVs, the Himachal Pradesh administration will be deploying 100 electric vehicle charging stations in the Sirmaur district. As […] Read more
Vestas Claims An Answer To Recycle All Wind Turbine Blades Updated On Thu, Feb 9th, 2023 by Saurenergy Wind turbines have become a crucial component in the fight against climate change, but what happens to the massive blades at the end of their lifespan? Landfills were the only answer, until now. Vestas Wind Systems is claiming a game-changing chemical process that it says could eliminate the need for landfill disposal and transform used […] Read more
EU Awards €5.3 Million To REGACE Project For Agrivoltaics Solutions Updated On Wed, Feb 8th, 2023 by Saurenergy The European Union (EU) has awarded €5.3 million to the REGACE Consortium to develop and demonstrate an innovative agrivoltaics technology by using CO2 enrichment to increase electricity yields. The grant has been made through the Horizon Europe Research and Innovation Programme of EU. The REGACE Consortium is composed of 12 partners from five countries. The […] Read more
300 MW Offshore Wind Project by Tokyo Gas in Offing; Eyes 6 GW Goal Updated On Tue, Feb 7th, 2023 by Saurenergy Tokyo Gas, the gas distributor of Japan, has said that it has started the construction of two floating offshore windmills in Japan. The new facility is being built off the coast of Fukushima prefecture in the northeast. According to the disclosure, the capacity of the wind power project will be 300 MW. The announcement of […] Read more
State Budget: Kerala to be Home to Hydrogen Train, EV Industrial Park Updated On Sun, Feb 5th, 2023 by Saurenergy Presented by Finance Minister of K.N. Balagopal, the Budget made significant announcements on renewable energy, Green Hydrogen and electric vehicles. The Budget sets sights on initiatives for the establishment of green hydrogen hubs in Kochi and Thiruvananthapuram. The timeline for the achievement of these is over the next two years. An outlay of Rs 200 […] Read more
