Waaree Group’s Listed Firm WRTL Income Jumps 3.5x in H1 FY23 Updated On Fri, Nov 11th, 2022 by Saurenergy Waaree Renewable Technologies Limited (WRTL) the listed EPC focused arm of India’s largest module manufacturing group, Waaree Energies, has released its results for Q2 FY23. The company has reported total income of Rs. 120.99 crores during the period ended September 30, 2022 as compared to Rs. 95.62 crores during the period ended June 30, 2022, […] Read more
Prosus & South Pole Sign Deal with Innovative New Climate Finance Instrument Updated On Thu, Nov 10th, 2022 by Saurenergy Global technology investor Prosus and South Pole (top provider of climate solutions) have joined forces to use the new D-REC market tool to deliver distributed renewable energy projects in response to growing calls for greater corporate climate action at COP27. High social impact projects in South Africa and India will be their main priorities. Prosus […] Read more
Gautam Freight Announces 4 MW Solar Plant in Bhavnagar, Gujarat Updated On Wed, Nov 2nd, 2022 by Saurenergy With an increasing focus on environmental, social, and governance (ESG) investing and the growing interest in the Indian green energy sector, India has declared its intentions to boost its non-fossil fuel power generation capacity to 500 GW by 2030 during the COP-26 session in Glasgow. Businesses are therefore turning to clean energy sources to meet […] 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
US-Based ReneSola Power Acquires 50 MWp Solar Farm in UK Updated On Mon, Oct 3rd, 2022 by Saurenergy US-based ReneSola, which claims to be a leading fully integrated solar project developer, has announced that it has acquired a 50 MWp operational solar farm called ‘Project Branston’ that is located in Branston, Lincoln, United Kingdom. The solar project is acquired from British firm P&T Global Renewable Energy. ReneSola said that transaction was completed September […] Read more
JUMIA Partners with BILITI Electric to Include E-Vans in Delivery Fleet Updated On Sat, Oct 1st, 2022 by Saurenergy Nigeria based e-commerce company, JUMIA has announced a partnership with California-based EV solutions provider BILITI Electric, to add e-vans to its delivery fleet in Kenya. Through this collaboration, both companies have completed the pilot project, and are set to scale the fleet within Kenya in the first phase, and eventually across Africa. According to both […] Read more
Mercedes-Benz to Build 100 MW Wind Farm In Germany Updated On Mon, Sep 26th, 2022 by Saurenergy Global auto conglomerate Mercedes-Benz has said that it will build a wind farm at its test track in Papenburg, Germany. The auto-maker held that the output of the wind farm will be more than 100 MW which will cover over 15 per cent of the annual electricity demand of Mercedes-Benz Group AG for the German […] Read more
Citizens Financial Group to Source 100% Renewable Power from Ørsted Updated On Thu, Sep 22nd, 2022 by Saurenergy Rhode Islands-based Citizens Financial Group has announced that it has entered into a power purchase agreement (PPA) with Ørsted to support the construction of the Sunflower Wind Project that will match 100% of Citizens’ power consumption across its entire operational footprint with renewable energy credits. Citizens said the Sunflower Wind Project is a 200 MW […] Read more
Empower Energies, Redflow In Tie-up for Solar and Flow Battery Solutions in North America Updated On Fri, Sep 16th, 2022 by Saurenergy US based renewable energy player Empower Energies and Australian company Redflow have signed a ‘Letter of Intent’ to develop integrated solar and flow battery solutions for the North American commercial and industrial (C&I), remote community micro grid, and utility markets. The official statement of Empower Energies held that the integrated solar and Redflow energy storage […] Read more