Vestas Makes Offshore Move, to Acquire MHI’s Share in MHI Vestas Updated On Fri, Oct 30th, 2020 by Saurenergy Vestas and MHI have signed an agreement which will see Vestas acquire MHI’s shares in the MHI Vestas Offshore Wind joint venture Vestas Wind Systems, a world leader in sustainable energy solutions, and Mitsubishi Heavy Industries (MHI), a leading global manufacturing and engineering firm, have signed an agreement to expand their partnership in sustainable energy. […] Read more
Avaada Energy Receives $10 Mn in Funding From KfW Subsidiary Updated On Fri, Oct 30th, 2020 by Saurenergy Avaada Energy, one of the leading green energy companies in India, has received USD 10 million in funding from DEG, a subsidiary of the KfW Group. Avaada Energy, one of the leading green energy and renewable energy companies in India, has received USD 10 million in funding from development finance institution Deutsche Investitions- und Entwicklungsgesellschaft (DEG), […] Read more
KKR Launches Renewable Energy Platform ‘Virescent’ in India Updated On Fri, Oct 30th, 2020 by Saurenergy Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Headquartered in Mumbai, Virescent aims to expand its diversified portfolio of operational renewable energy […] Read more
Neoen Completes Financing of Largest Solar Farm in Australia Updated On Tue, Oct 27th, 2020 by Saurenergy Neoen has completed financial close on Western Downs Green Power Hub, a 460 MWp solar farm in Queensland which will be the largest solar farm in Australia Neoen, one of the world’s leading and fastest-growing producers of exclusively renewable energy, has completed financial close on Western Downs Green Power Hub, a 460 MWp solar farm […] Read more
EESL Invests in SWAG EV to Catalyse Energy Transformation in SE Asia Updated On Mon, Oct 26th, 2020 by Saurenergy EESL will invest in SWAG EV, an emerging e-mobility player in an attempt to catalyse an energy transformation in Southeast (SE) Asia. Energy Efficiency Services Limited (EESL), as per its claims the world’s largest energy service company, has announced it will invest in SWAG EV, an emerging e-mobility player to drive the use of electric […] Read more
Iberdrola Acquires New Mexico and Texas Utility PNM Resources Updated On Fri, Oct 23rd, 2020 by Saurenergy Iberdrola, through its US subsidiary AVANGRID, has announced the acquisition of PNM, the largest utility in New Mexico with operations in Mexico. Iberdrola, through its US controlled subsidiary AVANGRID, has announced the acquisition of PNM. This friendly transaction, recommended by PNM’s board of directors, will be effected via merger. PNM’s shareholders will receive $4.3 Bn […] Read more
E-Bike Startup Ultraviolette Raises Capital From GoFrugal in Series B Updated On Tue, Oct 20th, 2020 by Saurenergy Electric motorcycle startup Ultraviolette Automotive has raised capital from GoFrugal Technologies as part of its Series B funding round. Electric motorcycle startup Ultraviolette Automotive has announced that it has raised capital from GoFrugal Technologies as part of its Series B funding round. The firm, however, did not disclose the amount of the funds raised from GoFrugal in the B round. In […] Read more
Tata Power Provides Update on InvIT for its Renewables Business Updated On Mon, Oct 19th, 2020 by Saurenergy Tata Power in its latest regulatory filing has provided an update on the process of creation of an InvIT for its renewables business Tata Power, in its latest regulatory filing, has stated that as a part of its growth strategy, the Company has taken several steps to deleverage the balance sheet and improve the capital […] Read more
Each new Wind Turbine Installed in Europe Generates €10m of Economic Activity Updated On Fri, Oct 16th, 2020 by Saurenergy Wind energy is 300,000 jobs in Europe and contributes EUR 37 billion to EU GDP every year according to WindEurope’s new report ‘Wind Energy and economic recovery in Europe – How wind energy will put communities at the heart of the European recovery”. European leadership in wind energy will continue to boost jobs and benefit communities. Delivering the National Energy and Climate Plans is […] Read more
