Indian Renewable Firm CleanMax Raises $360M From Brookfield Updated On Thu, Jun 1st, 2023 by Saurenergy Indian renewable energy company CleanMax today announced raising an equity fund from Brookfield Renewable through the Brookfield Global Transition Fund (BGTF). The BGTF focuses on investments accelerating the global transition to a net-zero carbon economy while delivering strong risk-adjusted returns to investors. This funding of USD 360 million is a mix of primary and secondary. […] Read more
India’s Utility Scale Renewable Growth To Face Hurdles In 2023 to 2024: IEA Report Updated On Thu, Jun 1st, 2023 by Saurenergy Read more
Indonesia, India & China Account for Almost 70% of Demand for Floating PV in ’22: WoodMac Updated On Thu, Jun 1st, 2023 by Saurenergy A report released by Wood Mackenzie says that the global floating solar market is set to top 6 GW threshold by 2031. In a significant finding, the report adds that 15 countries are estimated to cross 500 MW of cumulative floating PV installations by 2031. These include China, India, Indonesia, South Korea, Vietnam in the […] Read more
Hyundai Mobis Constructs New Battery Plant in Indonesia Updated On Thu, Jun 1st, 2023 by Saurenergy South Korean automotive supplier Hyundai Mobis has started the construction of a new EV dedicated battery system plant in Indonesia that will be completed by the first half of 2024. It said that it intends to set Indonesia as a beachhead as the country is emerging as the heart of the ASEAN market, and catapult […] Read more
India’s Utility Scale Renewable Growth To Face Hurdles In 2023 to 2024: IEA Report Updated On Thu, Jun 1st, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that India is likely to see an increased installation of renewable energy in 2023 and 2024. It attributed this to some of the positive developments in the sector. The global report titled ‘Renewable Energy Market Update’ gives a projection of the growth of renewable energy across the […] Read more
Nexamp Secures $400 Million for Community Solar in Six US States Updated On Thu, Jun 1st, 2023 by Saurenergy Boston based national clean energy provider Nexamp has announced over $400 million in tax equity and debt commitments led by US Bancorp Impact Finance and Mitsubishi UFJ Finance Group (MUFG). The funds will support the creation of 49 solar power and battery storage projects in six US states. The renewable energy projects will come up […] Read more
Europe’s SOLEK Closes $379 Million Financing for Chile Solar Projects Updated On Thu, Jun 1st, 2023 by Saurenergy European renewable energy firm SOLEK has closed a $379 million financing for its portfolio in Chile, consisting of solar photovoltaic utility-scale and PMGD (Small Means of Distributed Generation projects in chile). The solar power projects will come up in the Central Region. SOLEK claims to be a fast-growing company in the renewable energy sector. It […] Read more
Paresh Ranpara Joins Grid India as Director, Human Resources Updated On Thu, Jun 1st, 2023 by Saurenergy Paresh Ranpara has joined the Grid Controller of India (effective 31.05.2023) as Director, Human Resources. Ranpara has almost three decades of experience as an HR professional in the power sector. His professional experience entails his role as the General Manager of Human Resources at Gujarat Urja Vikas Nigam Ltd (GUVNL). The newly appointed Director of […] Read more
Top Automakers in Japan, India Lag in EV Transition: Report Updated On Thu, Jun 1st, 2023 by Saurenergy A latest report from the International Council on Clean Transportation (ICCT) claimed that the top automobile companies in Japan and India are lagging behind in transitioning from a fossil-fuel-based regime to an Electric Vehicle (EV)-based market. The report evaluated automakers on their performance and strategy across a set of measures related to their current position in the […] Read more
