KSEB Gets Nod for KfW Funding for Green Energy Corridor Projects Updated On Thu, Apr 6th, 2023 by Saurenergy The Kerala State Electricity Board (KSEB) has received the green signal from the German development bank, KfW, for securing a loan for the Green Energy Corridor (GEC) project that it is implementing. The signatories of the pact will be the State government, KSEB and KfW. It may be recalled that the Central government and KfW […] Read more
Europe Slips Up, Again, On Meeting Climate Goals Updated On Thu, Apr 6th, 2023 by Saurenergy Two contrasting reports have dominated the renewable energy landscape of Europe this week: One, the European Union policymakers have agreed to double the renewable use by 2030 through massive RE installations. Two, a WindEurope report finds that Europe has invested lowest in offshore wind since 2009 in 2022, a mere EUR 17 billion in new […] Read more
Government Plans For Bids Totaling 250 GW of Green Energy By March 2028 Updated On Mon, Apr 3rd, 2023 by Saurenergy A government memo has revealed that India will be issuing tenders for the installation of 250 GW of green energy capacity in the country by March 2028. According to the Government memo, India will be inviting bids from developers for the installation of 15 GW of renewable energy capacity each in the starting two quarters […] Read more
GE, Siemens Gamesa Settle Patents Dispute Outside Courts Updated On Mon, Apr 3rd, 2023 by Saurenergy Global wind energy conglomerates GE and Siemens Gamesa have announced that they have reached an amicable settlement to end both their legal cases regarding patent disputes in connection with the Haliade-X wind turbine. The two firms have multiple pending cases in Europe and the US. Both GE and Siemens Gamesa have kept the settlement terms confidential. […] Read more
UK’s Gemcorp Capital Seeds $150 Million Into Kenyan Clean Energy Platform Updated On Fri, Mar 31st, 2023 by Saurenergy UK based Gemcorp Capital Management Limited has committed a substantial capital investment into Milele Energy, a clean energy platform to be headquartered in Nairobi, Kenya that will focus on development, acquisition, and optimization of clean energy assets across sub-Saharan Africa. Gemcorp said that the seed investment includes funding for the planned acquisition by Milele of […] Read more
SparkCognition Adds GPT Capabilities To Renewable Suite Updated On Wed, Mar 29th, 2023 by Saurenergy Texas, US based, SparkCognition, a leader in artificial intelligence (AI) software solutions perfected for business, today announced the addition of generative pre-trained transformer (GPT) capabilities to their Renewable Suite. This new feature will help accelerate time to value by delivering actionable insights for their renewable asset performance management (APM) solution. SparkCognition’s GPT, part of the Generative […] Read more
Hidroelectrica & Masdar Form JV for Green Projects in Romania Updated On Wed, Mar 22nd, 2023 by Saurenergy Romanian energy firm Hidroelectrica and UAE renewable energy firm Masdar have signed a joint venture agreement to build wind farms offshore and floating solar parks in Romania. Speaking on the occasion, Bogdan Badea, the President of Hidroelectrica, said, “The initialing by Hidroelectrica and Masdar is one of the most important joint venture agreements intended for […] Read more
Italian Energy Firm Edison Mulls EUR 5 Billion Investment in Renewables Updated On Wed, Mar 22nd, 2023 by Saurenergy The renewable energy firm of Italy – Edison – has announced that it will be investing EUR 5 billion in the renewable energy sector. The objective of Edison is to raise its installed renewable capacity by the end of this decade to 6 GW. Edison is owned by French renewable major EDF and it has […] Read more
Mercedes to Invest on Large Scale in Electric Vehicle Plants Updated On Mon, Mar 20th, 2023 by Saurenergy German automotive giant Mercedes has said that it is setting sights on investing billions of dollars towards the modernisation of its electric vehicle plants in China, Germany and Hungary. In order to cut emissions, the automaker will be shifting to electric vehicles. The European Union will be looking to cut down CO2 emissions per passenger […] Read more
