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
CCI Approves Abu Dhabi Future Energy Stake Buy in Hero Future Energies Updated On Thu, Oct 31st, 2019 by Saurenergy CCI has given its nod under the green channel route to Masdar for acquiring an equity stake in Hero Future Energies The Competition Commission of India (CCI) has given its nod under the green channel route to Abu Dhabi Future Energy Company (Masdar) for acquiring an equity stake in Hero Future Energies Global Ltd. Besides, […] Read more
27 Countries Pledge $9.776 bn to Replenish the Green Climate Fund Updated On Mon, Oct 28th, 2019 by Saurenergy 27 countries have pledged to replenish the Green Climate Fund (GCF) by USD 9.776 billion for the next four years, with more contributions expected The shared urgency of addressing climate change took a big step forward with 27 countries pledging to replenish the Green Climate Fund (GCF) by USD 9.776 billion for the next four […] Read more
Lightsource BP Gets Debt Financing for 200 MW Australian Solar Project Updated On Fri, Oct 25th, 2019 by Saurenergy Lightsource BP has signed a senior debt facility with ING and Export Development Canada to fund its first Australian solar project worth 200 MW. Lightsource BP has announced that it has signed a senior debt facility with ING and EDC (Export Development Canada) to fund its first Australian solar project. The 200 MWp solar installation, […] Read more
STMicroelectronics Posts Q3 Net Revenue at $2.55 Bn Updated On Thu, Oct 24th, 2019 by Saurenergy For the full year 2019, we expect net revenues at the mid-point to be about USD 9.48 billion, accompanied by a double-digit operating margin performance, said the company spokesperson. One of the leading semiconductor provider STMicroelectronics (ST) has reported marginally higher net revenue by 1.2 percent at USD 2.55 billion during the third quarter of […] Read more
EV Connect Secures $12 mn in Funding Led by Japan’s Mitsui Updated On Wed, Oct 23rd, 2019 by Saurenergy EV Connect, which has developed cloud-based solutions to expand the world’s EV charging ecosystem, has secured USD 12 million in funding led by Mitsui EV Connect has announced that it has closed a USD 12 million Series B funding round. Lead investors, Mitsui and Ecosystem Integrity Fund, are joined by other venture investors to support […] Read more
EIB Invests €100 mn to Support Small Scale RE Projects in Brazil Updated On Tue, Oct 22nd, 2019 by Saurenergy EIB has announced that it will provide EUR 100m to BDMG to support climate action projects in Minas Gerais, Brazil. The European Investment Bank (EIB) has announced that it will provide EUR 100m to Banco de Desenvolvimento de Minas Gerais (BDMG) to support climate action projects in Minas Gerais, Brazil. “Private companies and also municipalities will be […] Read more
EBRD Invests €18 mn in Terna Energy’s Green Bond Updated On Tue, Oct 22nd, 2019 by Saurenergy EBRD will provide Terna Energy with a EUR 18 million investment in the Greek company’s successful issuance of a seven-year EUR 150 million green bond. The European Bank for Reconstruction and Development (EBRD) has announced that in an attempt to step up its efforts to support renewables in Greece, it will provide Terna Energy with […] Read more
Siemens Gamesa to Acquire Senvion’s European Assets for €200 mn Updated On Mon, Oct 21st, 2019 by Saurenergy Siemens Gamesa has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. Siemens Gamesa Renewable Energy has announced that it has reached an agreement to acquire selected European assets of the Senvion Group for EUR 200 million. The assets included in the transaction are […] Read more
