Baseload Capital Raises $24 Million To Bolster Geothermal Energy Updated On Fri, Oct 21st, 2022 by Saurenergy Swedish climate investment firm Baseload Capital has made a $24 million investment in geothermal energy. Thanks to a $25 million loan facility it secured with Sustainable Development Capital of London in the spring, Baseload Capital has received more than $45 million. While the credit allows for flexible financing for the commissioning of future geothermal power […] Read more
Suzlon Energy Rs 1200 Crores Rights Issue Oversubscribed 1.8x Times Updated On Fri, Oct 21st, 2022 by Saurenergy Suzlon Energy Limited, one of India’s top producers of wind components based on capacity, and one of the top renewable energy O&M service providers based on capacity served, recently announced the successful completion of the Rs. 240 crores partially paid-up equity share rights issue (the “Rights Issue”) that was first announced on October 11, 2022. […] Read more
Green Marketplace Reneum Raises $4.1M Pre-Seed Funding Led by Ajeej Capital Updated On Fri, Oct 7th, 2022 by Saurenergy The blockchain-based green energy marketplace Reneum Institute has announced that it has secured a $4.1 million pre-seed funding round led by Ajeej Capital, a major player in the Dubai investment sector. Reneum just graduated from the polygon-backed accelerator program run by Outlier Ventures and is an investor. Reneum is additionally supported by the MENA and […] Read more
Australia’s AGL Energy Plans to Invest $13B in Renewable Energy by 2036 Updated On Fri, Sep 30th, 2022 by Saurenergy An Australian energy generator and retailer, AGL Energy Ltd. recently announced to spend up to A$20 billion ($13 billion) by 2036 on renewable energy and accelerate the end of coal-fired generating by ten years. The country’s largest electricity producer and highest polluter made a U-turn following a vocal campaign by the top shareholder and billionaire […] Read more
TotalEnergies Considers The Possibilities Of The 5X Jump In Value Of AGEL Investment Updated On Fri, Sep 30th, 2022 by Saurenergy Patrick Pouyanne, CEO at French energy major TotalEnergies’ SE has indicated that the firm will consider the possibility of selling a small part of its 20% stake in Adani Green Energy Ltd. At current prices, that stake is worth just around $10 billion. In 2021, the French energy company had paid $2 billion for its […] Read more
Navitas Alpha Renewables Raises 7 Crore Funding in Seed Round Updated On Wed, Sep 21st, 2022 by Saurenergy Gujarat-based solar module manufacturer Navitas Solar’s Subsidiary company & a solar EVA manufacturer, Navitas Alpha Renewables Private Limited (NARPL) has raised 7 crores worth funding in its seed funding. NARPL raised this funding from a Gujarat-based investment advisory firm Niveshaay with the participation of Madhusudan Sarda, IVY Growth Associates, and others. According to the company, […] Read more
US-Based Arevon Secures $400M Green Loan for Solar, Storage Portfolio Updated On Tue, Sep 6th, 2022 by Saurenergy To finance the development of a 6 gigawatt (GW) pipeline of solar and storage projects in the Midwest, Southeast, and California, Arevon Energy, a US based renewable energy leader, has obtained a $400 million green loan fund credit facility from the Canadian Imperial Bank of Commerce (CIBC) and KeyBank N.A. The timing of this fundraising […] Read more
America’s First Solar Invests up to $1.2 Billion in Scaling Production by 4.4 GW Updated On Thu, Sep 1st, 2022 by Saurenergy First Solar, a US-based manufacturer of solar panels, has announced plans to invest up to $1.2 Billion in scaling the production of photovoltaic (PV) solar modules that are made in America and are responsibly produced. By 2025, the investment is expected to increase the company’s capacity to manufacture solar modules built in the US for […] Read more
Jinko Solar Ships 18.21 GW Of Modules in H1 2022 Updated On Wed, Aug 31st, 2022 by Saurenergy Jinko Solar has released its performance report for the first half of 2022. According to the report, the company’s performance improved significantly year over year in the first half of 2022, with operating revenue of 33.407 billion, up 112.44%; net profit attributable to shareholders of listed companies of 905 million, up 60.14%; and operating cash […] Read more
