Hannon Armstrong (HASI) Invests 1.3 GW Renewables of AES Corp in USA Updated On Thu, Jan 5th, 2023 by Saurenergy Climate solutions investor Hannon Armstrong Sustainable Infrastructure Capital (HASI) has announced the close of two new programmatic investments in grid-connected renewable energy assets developed, owned and operated by the AES Corporation. The US based HASI is a public company that provides capital to assets developed by companies in energy efficiency, renewable energy, and other sustainable […] Read more
China, Malaysia Explore Development of Virtual Power Plants Updated On Tue, Jan 3rd, 2023 by Saurenergy Virtual Power Plants are touted as the next big step in solar industry that is driving the new wave of energy. In a recent development on the front, China and Malaysia have joined forces to explore opportunities in VPPs. Towards this, the two countries organised “China-Malaysia Virtual Power Plant Project Achievements Conference and China-Malaysia Virtual […] Read more
Sila: Leading Clean Transition With Silicon Anode-Lithium-ion Batteries Updated On Mon, Jan 2nd, 2023 by Saurenergy In our continuing series on battery tech and other firms to watch in the energy space, today we place the spotlight on Sila. Sila is a battery tech company co-founded by a former Tesla engineer Gene Berdichevsky, also the CEO of Sila, Gleb Yushin, a Professor of Materials Science at Georgia Institute of Technology and […] Read more
Solar Energy & EV Charging Firm Altus Power Acquires 220 MW Solar Facilities Updated On Thu, Dec 29th, 2022 by Saurenergy In a major development in the American renewable energy sector, Altus Power has announced that it has entered into a definitive agreement for the acquisition of 220 MW of newly developed and in-construction solar assets. US-based Altus Power is an independent developer, owner and operator of commercial-scale solar facilities. Altus Power provides solar generation for […] Read more
EDF Renewables & Munich Re’s MEAG to Invest in US Renewable Energy Projects Updated On Wed, Dec 28th, 2022 by Saurenergy The United States is witnessing unprecedented growth in renewable energy. In a key development, EDF Renewables North America and MEAG, acting in its capacity as Munich Re’s global asset manager, announced the closing on a strategic investment whereby a subsidiary of Munich Re acquired a 50% stake in two renewable energy projects in California. The […] Read more
US Based Primergy Solar Secures $200 Mn Credit Facility from Rabobank Updated On Tue, Dec 27th, 2022 by Saurenergy Oakland-California based solar energy and storage conglomerate Primergy Solar, has closed a $75 million revolving credit facility with Rabobank with the option to increase up to $200 million. Primergy held that the credit facility will be used to support a growing development pipeline of solar and solar+storage projects across the USA. The company’s near-term portfolio […] Read more
Moxion Power’s Mission To Replace DG Sets With EV Batteries Backed By Amazon, Microsoft Updated On Sat, Dec 24th, 2022 by Saurenergy Governments and investors all across the globe are investing in clean energy technologies, projects, and startups. Replacing dirty and inefficient diesel generators has also interested two of the world’s biggest tech giants. Amazon and Microsoft are investing in a clean energy startup called Moxion Power that aims to replace diesel generators with zero-emission electric batteries. […] Read more
Battery Storage Player Element Energy Secures $28 Mn Fresh Financing Updated On Thu, Dec 15th, 2022 by Saurenergy California – based battery management technology company Element Energy has announced the first close of $28 million in Series B financing. The round has been co-led by one of the largest clean energy generation companies and Cohort Ventures- a technology-based capital venture firm. Element Energy said that the round also included additional investment from existing […] Read more
Google, Microsoft Sign New Pacts to Employ Renewables in Data Centres Updated On Mon, Nov 28th, 2022 by Saurenergy IT conglomerates Google and Microsoft are increasingly opting for ways to decarbonise their businesses and help timely transition to green and clean energy. In a fresh development, both the companies have announced the signing of new agreements that will help them lower carbon footprint of their IT operations by the employment of renewable energy in […] Read more
