GAIL India To Invest Rs 6,000 Crore In RE Projects For 1 GW Updated On Tue, May 31st, 2022 by Saurenergy State-owned Gail India is going to invest Rs 6,000 crore on renewable energy projects in the next three years. And if required, the investment can go up by an additional Rs 20,000 crore by 2030, according to GAIL India CMD Manoj Jain. Although the plan is to commission 1 GW power from renewable energy within […] Read more
AGEL gets shareholders’ approval for Rs 3,850 cr invt by Abu-Dhabi firm Updated On Wed, May 4th, 2022 by Saurenergy Adani Green Energy Ltd (AGEL) has received the approval of shareholders for the issuance of over two crore shares worth around Rs 3,850 crore on a preferential basis to Green Energy Investment Holding RSC Ltd. The current principal shareholder of Green Energy Investment Holding RSC Ltd is Abu Dhabi-based IHC Capital Holding LLC. At the […] Read more
Panasonic to invest $4.9 bn in EV batteries, supply chain software Updated On Tue, Apr 5th, 2022 by Saurenergy Panasonic Corporation is joining the high-growth electric vehicles (EV) market, with plans to invest nearly $4.9 billion in automotive batteries, supply chain software and cyber physical systems, among others. The Japanese company said to achieve its future goals, the group is to invest 400 billion yen (nearly $3.26 billion) in “growth areas” and 200 billion […] Read more
EDP Renewables to Invest $7.4 B by 2030 for RE hub in Singapore Updated On Fri, Feb 25th, 2022 by Saurenergy EDP Renewables (EDPR), the world’s fourth-largest renewable energy producer, said on Thursday it plans to invest up to S$10 billion ($7.40 billion) by 2030 to establish a clean energy hub in Singapore for the Asia Pacific region. EDPR, which is 75% owned by Portugal’s biggest utility Energias de Portugal, closed a S$1 billion deal to […] Read more
Indian EV maker Altigreen Secures Rs 300 cr in Series A Round Updated On Fri, Feb 11th, 2022 by Saurenergy Indian EV maker Altigreen has raised around Rs 300 crore (approx. US$ 40 Million) as investment in its Series A round, to boost its manufacturing, launch new products including LCVs, and strengthen its countrywide presence. The funds will be utilized to ramp up production capabilities, accelerate R&D, facilitate fast-paced EV adoption and develop a robust Pan-India network to offer the […] Read more
Hero MotoCorp Invests Rs 420 crore in Ather Energy Updated On Mon, Jan 17th, 2022 by Saurenergy Hero MotoCorp, India’s largest two wheeler maker, is investing Rs 420 crore in electric scooter maker Ather Energy, even as it is readying its own product for the local EV market. The company’s board has approved the investment in one or more tranches, according to a regulatory Nling Friday. Prior to the proposed investment, Hero […] Read more
GIP Invests $500 M in BrightNight’s Innovative RE Solutions Updated On Thu, Jan 13th, 2022 by Saurenergy Global Infrastructure Partners (GIP), together with its co-investors, announced that it has closed on a $500 million investment in renewable independent power producer (IPP) BrightNight. BrightNight aims to provide next generation power solutions by combining multiple renewable energy technologies and thereby enabling its customers to accomplish deeper decarbonization of their generation portfolio. The company’s development […] Read more
Blackstone to Invest $3 B in North America’s Largest Private RE Firm Updated On Mon, Jan 10th, 2022 by Saurenergy New York City-based Blackstone Inc said on Friday it would invest about $3 billion in Invenergy Renewables Holdings Llc, the largest private renewable energy firm in North America. The money that Blackstone will invest is aimed at providing capital to accelerate Invenergy’s renewables development activities, the company said in a statement. Blackstone, the world’s largest manager of […] Read more
Amara Raja To Invest €10 million In EV Battery Specialist Inobat Auto Updated On Fri, Dec 31st, 2021 by Saurenergy India’s second largest battery maker, Amara Raja Batteries is investing €10 million in InoBat Auto, a Norway based firm focused on research and development in the field of batteries for electric vehicles and production of lithium-ion battery cells as well as tailored and customs cells. The investment will be in the form of a subscription […] Read more
