€6.9 bn EIB Backing for Renewables, Sustainable Transport and Innovation Updated On Mon, Nov 18th, 2019 by Saurenergy EIB has agreed to support EUR 6.9 billion of new financing to improve renewable energy, sustainable transport, social housing, communication, etc. The Board of the European Investment Bank (EIB) has agreed to support EUR 6.9 billion of new financing. This includes backing new investments across Europe and around the world to improve renewable energy, sustainable […] Read more
No Backing Down by AP On PPA’s with RE Firms Updated On Wed, Nov 13th, 2019 by Saurenergy With its latest move to challenge the High Court ruling of September 24, that barred it from renegotiating existing PPA’s with many RE players, and put the onus on the APSERC, the Andhra state government continues to muddy the investment climate for renewables. In fact, as and when an analysis is finally done on the […] Read more
Cabinet Gives its Approval for Renewable Pact Signed With Guinea Updated On Thu, Nov 7th, 2019 by Saurenergy The Union Cabinet has given its approval to a pact signed between India and Guinea in the field of renewable energy. The Union Cabinet on November 6, 2019, gave ex-post facto approval to a pact signed between India and Guinea in the field of renewable energy. “The Union Cabinet chaired by Prime Minister Narendra Modi has given approval for the MoU (memorandum of […] Read more
Bengaluru-Based Log 9 Materials Raises $3.5 mn in Series A Round Updated On Thu, Oct 31st, 2019 by Saurenergy Log 9 Materials has secured USD 3.5 million in Series A funding, led by Sequoia India and Exfinity Venture Partners. Bengaluru-based startup Log 9 Materials has announced that it has secured USD 3.5 million in funding as a part of its Series A round, led by Sequoia India’s scale up programme Surge and Exfinity Venture […] Read more
India Planning to Build a Chain of Renewable Projects Along Pakistan Border Updated On Wed, Oct 23rd, 2019 by Saurenergy India is planning to build a string of renewable energy projects on its potent desert land adjacent to the Pakistan border, according to MNRE officials India plans to build a string of renewable energy projects along its sun-baked, wind-whipped western border, officials said, as the central government continues on its ambitious programme to reduce the country’s […] Read more
As Thousands in California Suffer ‘Planned’ Outages, the Case for Solar Storage Presents Itself Updated On Fri, Oct 11th, 2019 by Saurenergy Pacific Gas and Electric (PG&E), the largest utility responsible for providing power to California, started cutting off power to thousands of residents on Wednesday. This was done to prevent the eruption of wildfires like last year. Many residents find that their solar installations are of no help due to one reason. Pacific Gas and Electric, […] Read more
Mitsubishi Electric Mulls for Solar-Powered New Plant in Gujarat Updated On Mon, Oct 7th, 2019 by Saurenergy The move came as it will help the company in supporting the expansion of environmentally friendly products in the Indian automotive market. Japanese electrical and electronic equipment maker Mitsubishi Electric Corporation is planning to set up a new plant in Gujarat, India. This new plant will be constructed on the premises of the multinational company’s subsidiary […] Read more
PFS and MDI Gurgaon to Collaborate in RE Sector Updated On Mon, Sep 30th, 2019 by Saurenergy PFS and MDI Gurgaon have signed an agreement to collaborate in developing capacities in the areas of sustainable infrastructure financing. PTC India Financial Services Ltd (PFS) and premiere business school MDI Gurgaon have signed an agreement to collaborate by leveraging their combined strengths in developing capacities in the areas of infrastructure and especially sustainable infrastructure […] Read more
GE Renewable Energy Plans to Become Carbon Neutral in 2020 Updated On Thu, Sep 26th, 2019 by Saurenergy GE Renewable Energy has announced its plan to make 100 percent of its operations carbon neutral by the end of 2020. GE Renewable Energy has announced its plan to make 100 percent of its operations carbon neutral by the end of 2020. GE Renewable Energy will reach carbon neutrality by reducing emissions through operational efficiencies, […] Read more
