Federal Bank, Ecofy Tie Up For Boosting Rooftop Solar Financing Updated On Wed, Dec 18th, 2024 by Saurenergy Federal Bank has announced partnering with green fintech company Ecofy to offer innovative financing solutions for MSMEs investing in commercial rooftop solar installations. This collaboration marks one of the first comprehensive co-lending partnerships specifically designed to address the unique solar financing needs of the MSME sector, the companies said. The program targets financing 3,600 kW […] Read more
EMBER Report Says Transatlantic Interconnection Could Be Cheaper Than Nuclear, Hydrogen Updated On Tue, Dec 17th, 2024 by Saurenergy Transatlantic interconnection could be a valuable tool for achieving cheaper energy prices, improving supply security, and advancing decarbonization. Despite the high capital costs, it may prove more cost-effective than other options such as nuclear and hydrogen. According to EMBER research, transatlantic interconnection could help both North America and Europe achieve a more secure and efficient […] Read more
Bangladesh Can Save US$1.2bn Annually Through Power Reforms: IEEFA Updated On Wed, Dec 4th, 2024 by Saurenergy The Bangladesh Power Development Board (BPDB) can save Bangladesh Taka (Tk) 138 billion (US$1.2 billion) of annual loses, funded by government subsidies, through electricity sector reforms targeted at addressing core problems, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report highlights Bangladesh can achieve the savings by […] Read more
O2 Power Signs PPA With Railways To Supply Renewable Power Updated On Mon, Dec 2nd, 2024 by Saurenergy Indian renewable energy company O2 Power has signed a Power Purchase Agreement (PPA) with East Central Railway (ECR) to supply renewable power. The energy will be sourced from O2 Power’s 360 MW installed capacity spanning Rajasthan, Gujarat, and Karnataka. This aligns with Indian Railways’ efforts to achieve net-zero emissions. Indian Railways has planned to go net-zero […] Read more
NTPC Green Commissions Shajapur Solar Project In MP Updated On Fri, Nov 29th, 2024 by Saurenergy NTPC Green Energy Limited (NGEL), the renewable arm of the NTPC Group, has successfully commissioned its Shajapur Solar Project in Madhya Pradesh. The newly-listed company announced the milestone in a recent stock exchange filing, marking another step in its mission to expand India’s renewable energy capacity. On November 29, NTPC Green began commercial operations for […] Read more
News In Brief Nov 21: ADB, Solomon Islands & Tonga Sign Agreements, Scatec, Biden-Harris Administration Awards Updated On Thu, Nov 21st, 2024 by Saurenergy ADB, Solomon Islands, Tonga Sign Agreements for Sustainable Energy Transition Projects at COP29 The Asian Development Bank (ADB) and the governments of Solomon Islands and Tonga have signed grant and loan agreements for energy projects on the sidelines of COP29. The ADB-supported projects will help the Pacific countries to transition from dependency on diesel fuel […] Read more
India, Australia Team Up To Drive Solar Manufacturing Investments Updated On Wed, Nov 20th, 2024 by Saurenergy India has recently partnered with Australia through the launch of the India-Australia Renewable Energy Partnership. This initiative aims to enhance two-way investments in renewable energy projects. This includes solar manufacturing, battery and mineral processing, green hydrogen, and green iron. In a media statement Anthony Albanese, Australian Prime Minister highlighted the importance of building the future […] Read more
Bengaluru Needs 36000 Public Charger Guns To Meet EV Demand In 2030: CSTEP Updated On Tue, Nov 19th, 2024 by Saurenergy Bengaluru will require more than 36,000 public charger guns—25 times the guns it had in 2023 to meet its 2030 charging needs, a latest recent report by the Center for Study of Science, Technology and Policy (CSTEP) said. A charger gun, also known as an EV charging cable or connector, is a device that connects […] Read more
Jinko Solar To Solarise Manchester City Football Club With Tiger Neo Updated On Thu, Nov 14th, 2024 by Saurenergy Earlier this year, in June 2024, Jinko announced a multi-year global partnership with Manchester City Football Club. Under this partnership, Jinko, a global PV and energy storage systems supplier, is expected to provide over 10,500 advanced Tiger Neo PV modules to power Manchester City’s training ground – City Football Academy. This collaboration envisions enhancing Manchester […] Read more
