EU-Africa Green Investment Forum highlights Africa’s Green Growth scope Updated On Mon, Apr 26th, 2021 by Saurenergy Last Friday, United Nations Secretary General Antionio Guterres and European Commission President Ursula von der Leyen opened the EU-Africa Green Investment Forum- the largest event for dialogue centred on investment in Africa to take place since the beginning of the coronavirus global pandemic. Hosted by EU Portuguese Presidency and the European Investment Bank, the event was attended […] Read more
Sri Lanka’s WindForce Commences Trading on CSE above IPO Price Updated On Mon, Apr 26th, 2021 by Saurenergy On Thursday, Colombo-headquartered independent power producer WindForce Limited, commenced trading on the Main Board of the Colombo Stock Exchange (CSE) above its price of LRK 16/share after raising an initial public offering (IPO) for wind power projects in Sri Lanka and Senegal, amounting to LRK 3.2 Billion- the largest at the CSE since 2011- which attracted […] Read more
Ørsted and Enefit form Partnership to Deliver Large-Scale Offshore Wind in the Baltics Updated On Mon, Apr 26th, 2021 by Saurenergy Ørsted, the global leader in offshore wind, and Enefit, a leading utility and the largest wind energy company in the Baltics, have today signed a memorandum of understanding (MoU) which outlines a vision for becoming the leading offshore wind developer in the Baltic countries. The MoU also sets out a vision to jointly move towards […] Read more
REC Trading Drops to 9.2 Lakh in FY20-21 From 89.27 Lakh in FY19-20 Updated On Mon, Apr 26th, 2021 by Saurenergy The halt in trading since July 2020 has seen the REC market shrink to record the trade of just 9.2 lakh RECs in the financial year 2020-21 The halt in trading at the energy exchanges since July 2020 has seen the Renewable Energy Certificates (REC) market shrink to record the trade of just 9.2 lakh RECs in […] Read more
German Govt to Expand Capacity in Solar & Wind Power Auctions Updated On Sat, Apr 24th, 2021 by Saurenergy The German government, led by Angela Merkel, has said that it will expand the energy capacity tendered in renewable power project auctions to help decarbonise electricity, and will relieve the burden on consumers by reducing a fee charged to support wind and solar operators. While renewable sources hold a 50% stake in the power mix […] Read more
Wipro to Reach Net-Zero Greenhouse Gas Emissions by 2040 Updated On Fri, Apr 23rd, 2021 by Saurenergy Wipro Limited, a leading global information technology, consulting and business process services company, today announced its commitment to achieving Net-Zero Greenhouse Gas (GHG) emissions by 2040 in line with the objective of the Paris Agreement to cap temperature rise to 1.5°C. Wipro, while unveiling its pledge on Earth Day, also set an intermediate target of […] Read more
Over 12.3 GW of Wind-Solar Hybrid Tenders Issued in India Till Date: JMK Updated On Fri, Apr 23rd, 2021 by Saurenergy India has enormous potential for wind and solar energy. But, due to the intermittent and inconsistent nature of both solar and wind power, the Capacity Utilization Factor (CUF) for standalone solar and wind power plants is low. This issue can be partially resolved by blending the energy generated from the two sources as a hybrid […] Read more
Ola E-scooters and Hypercharger Network to Hit Market in July 2021 Updated On Fri, Apr 23rd, 2021 by Saurenergy Ola Electric, the electric vehicle arm of homegrown ride hailing firm Ola, announced yesterday that it will launch its much anticipated electric scooter in India as well as global market by July 2021, along with establishing a Hypercharger Network which will comprise 1 lakh charging points across 400 Indian cities. The company claims that the […] Read more
Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more
