Global Investor BlueOrchard to Invest in Indian Renewable Energy Firm U-Solar Updated On Tue, Feb 28th, 2023 by Saurenergy An infrastructure fund managed by Zurich-based BlueOrchard Finance Ltd is investing in Indian renewable energy platform U-Solar to support the growth of its commercial and industrial (C&I) rooftop solar portfolio. BlueOrchard is a leading global impact investment manager and member of the Schroders Group. U-Solar, headquartered in Bengaluru, is present in the entire solar PV […] Read more
IOC Sets Sights on RE Capacity Addition, EV Charging Among Others in Restructuring Spree Updated On Mon, Feb 27th, 2023 by Saurenergy The Chairman of Indian Oil Corporation (IOC) Shrikant Madhav Vaidya has said that the CPSU has set its sights on green hydrogen plants at all its refineries. The timeline for this goal has been set for 2047. The announcement comes as part of the Rs 2 lakh crore planned for green transition towards net-zero emissions. […] Read more
Universal Energy Facility (UEF) Offers Grants to Solar Projects in Nigeria Updated On Fri, Feb 24th, 2023 by Saurenergy The renewable energy expansion is expected to reach new heights in the African country of Nigeria as Universal Energy Facility (UEF) has announced providing grants to RE companies who applied to have their projects financed as part of the facility’s stand-alone Solar for Productive Use programme in Nigeria. UEF is a results-based financing facility managed […] Read more
Indo-French Workshop for Transition to EVs & Strengthening Bilateral Ties on Energy Updated On Thu, Feb 23rd, 2023 by Saurenergy The Indo-French Workshop on Clean and Sustainable Energy Technologies (INFINITE) has been launched at New Delhi’s CSIR National Physical Laboratory. The Secretary of Ministry of Science and Technology, Dr. S. Chandrasekhar, inaugurated the workshop being held from February 21 to 24, 2023. On the platform, India spoke about greater cooperation with France in the areas […] Read more
American DISCOM AEP to Sell Over 1.3 GW of Renewable Portfolio Updated On Thu, Feb 23rd, 2023 by Saurenergy Just as America is expanding the renewable power to spearhead the global drive to combat climate change, Columbus based American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion including project debt. IRG Acquisition Holdings is […] Read more
Thailand’s CP Foods to Solarize 180 Facilities with 65 MW Capacity Updated On Thu, Feb 23rd, 2023 by Saurenergy Businesses across the world pushing decarbonisation and moving towards net zero commitments. In a key development, Thailand based food conglomerate Charoen Pokphand Foods Public Company Limited (CP Foods) has said that it will increase the installation of solar panels at 180 animal farms, feed mills, and processing plants across Thailand, with a total capacity of […] Read more
EU Saved €12 Billion Due to Wind & Solar Expansion Due to Ukraine-Russia Conflict: Ember Report Updated On Wed, Feb 22nd, 2023 by Saurenergy The conflict between Russia and Ukraine that continues for a year now has proved to be a ‘blessing in disguise’ for the European Union with regards to renewables. An analysis by Ember – an energy think tank – has revealed that the European Union has saved more than EUR 12 million through a switch from […] Read more
Fiera Infrastructure, Palisade Infrastructure Group to Acquire RE Platform Amp US Updated On Wed, Feb 22nd, 2023 by Saurenergy A consortium comprising funds managed by Fiera Infrastructure, an affiliate of Fiera Capital Corporation, and Palisade Infrastructure Group has agreed to jointly acquire 100% of the equity interests in Amp US Primary Holdings, the US-based renewable energy generation and battery storage business of the Amp Solar Group. Amp US is a leading developer, owner and […] Read more
Delhi-Based Servokon Enters Solar Energy Sector Updated On Tue, Feb 21st, 2023 by Saurenergy New Delhi-based Servokon Systems Limited that manufactures and supplies power conditioning equipment and power transformers has said that it has now embarked on a new journey to venture into the solar energy sector. The firm is starting with an entry into the EPC segment, which it hopes to follow with a move into manufacturing of […] Read more
