KKR Invests in Hero Future Energies in $450 Million Transaction Updated On Tue, Sep 20th, 2022 by Saurenergy New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […] Read more
EV Charging Firm Terawatt In $1 Billion Funding Deal Updated On Fri, Sep 16th, 2022 by Saurenergy San Francisco based startup TeraWatt Infrastructure has raised over $1 billion from investors to expand a network of charging centers across the US focused on electric vehicle fleet customers. The Four-year-old TeraWatt Infrastructure came out of stealth mode in May 2021 , and has been co-founded by investment adviser Keyframe Capital. Cyrus Capital also funded […] Read more
Growatt In Tie-up With Turkey’s Form Elektrik for 300 MW C&I Focused Solar Project Updated On Thu, Sep 8th, 2022 by Saurenergy Turkey-based Form Elektrik and China-based Growatt have agreed on a joint 300 MW solar project. This collaboration will help to satisfy market demand for reliable and cutting-edge solar energy products and solutions, especially in the C&I solar industry in Turkey. Growatt claims that it provides industry’s most potent C&I inverters, the MAX 100-125KTL3-X and MAX […] Read more
Growatt Opens Pre-Sale of its First Solar-Based Portable Power Station Updated On Fri, Sep 2nd, 2022 by Saurenergy A world leader in solar industry, China-based Growatt has announced the pre-sale of its newly launched portable power station, ‘Infinity1500.’ As per the company, the pre-sales event is happening for 15 days from September 1 to September 15, 2022. As far as prices are concerned, the Infinity1500 will be available at $1399 for American customers […] Read more
US Based BlackRock to Invest $1 Billion In Big Battery Projects In Australia Updated On Wed, Aug 17th, 2022 by Saurenergy In what could prove to be a shot in the arm for the Australian energy storage industry, American investment conglomerate BlackRock has said that it looks to invest $1 billion in big energy battery projects in Australia. The company has agreed to acquire Australian company Akaysha Energy, which has nine projects attached to Australia’s main […] Read more
Property Manager CBRE To Focus On Solar, Battery Storage Updated On Tue, Aug 16th, 2022 by Saurenergy Real assets investment management company, CBRE Investment Management has shared the news of launching a sustainability initiative that looks at escalating the development of solar projects within its direct logistics portfolio. The present portfolio of the company spans 17 countries in the world and covers more than 600 assets, 200 million sq. ft. and $30.2 […] Read more
Govt & Firms Join Hands For 50 GWh Capacity Battery Storage Under PLI Scheme Updated On Mon, Aug 1st, 2022 by Saurenergy Reliance New Energy Limited, Ola Electric Mobility Private Limited and Rajesh Exports Limited have signed the Programme Agreement under the PLI scheme (Production Linked Incentive) for Advanced Chemistry Cell (ACC) battery storage, the Ministry of Heavy Industries has announced. Earlier in the year, Reliance New Energy Solar, Hyundai Global Motors, Ola Electric Mobility, Rajesh Exports […] Read more
Kerala Electricity Board Awards Hero Future Energies 10-MW Battery Storage Project Updated On Mon, Jul 25th, 2022 by Saurenergy Delhi-based renewable energy developer and the renewable arm of the Hero Group, Hero Future Energies (HFE), claimed last week that it has “emerged as a successful bidder” in the tender floated by the Kerala State Electricity Board (KSEB). The tender was for the construction of a 10 MW grid-connected energy storage plant in the state. […] Read more
Enel Completes First ‘Wind Plus Storage’ Project Updated On Thu, Jul 21st, 2022 by Saurenergy Enel Green Power North America has announced the completion of its first large-scale hybrid wind project, Azure Sky Wind + Storage, as well as the addition of battery storage facilities at the operating Roadrunner and High Lonesome renewable project sites, helping ensure energy availability for Texans amid high demand periods. “We’re committed to connecting Texans […] Read more
