Macquarie Asset Mgmt Makes £275 M Debt Invt in UK Solar Portfolio Updated On Thu, Feb 24th, 2022 by Saurenergy Macquarie Asset Management has announced that it is the sole lender in a £275 million refinancing of a portfolio of solar power plants in the United Kingdom owned by Vantage Solar UK. The 365 MW portfolio is comprised of 24 ground-mounted solar photovoltaic plants located across England and Wales, and aligns with the European Union’s […] Read more
Siemens, Desert Technologies form ‘Capton Energy’ to develop solar projects Updated On Wed, Feb 23rd, 2022 by Saurenergy To provide a major boost to the ongoing energy transition, Saudi Arabia based solar power company Desert Technologies and Siemens have launched a joint venture (JV) called Capton Energy. The announcement has revealed that the novel joint venture will be jointly owned by financing arm of Siemens called Siemens Financial Services (SFS) and the Saudi Arabian company. […] Read more
Motive Energy to Soon Offer Solar Solutions, ESS and EV Charging Updated On Wed, Feb 23rd, 2022 by Saurenergy Motive Energy, a US-based forklift battery and charger supplier, has announced the expansion of its offerings to include Solar, Energy Storage Systems (ESS), and Electric Vehicle (EV) charging. Motive Energy is restructuring into two divisions: Power Solutions and Energy Solutions. The firm’s existing material handling offerings will form its Power Solutions division while it is […] Read more
Virescent to acquire Godawari Green Energy’s 50 MW solar thermal plant Updated On Wed, Feb 23rd, 2022 by Saurenergy Godawari Power and Ispat Limited (GPIL) is on the verge of selling its 50-megawatt (MW) solar based thermal power plant to new entrant Virescent Infrastructure Investment Manager in the coming days. The senior leadership has held that the size of the total deal is about Rs 665 crore. The key reason forwarded by the company […] Read more
Magenta expands EVET offering to Mumbai and Chennai Updated On Wed, Feb 23rd, 2022 by Saurenergy EVET by Magenta, the e-mobility platform, which has been running its EV Fleet for urban logistics movement for about a year now in Bengaluru, now enters Mumbai and Chennai Markets. The company informs that it shall roll out over 500+ EV Fleet in the next 3-4 months in both cities. EVET (Electric Vehicle Enabled Transport) […] Read more
Shadowfax Tech Targets 75% of its Fleet in EVs by 2024 Updated On Tue, Feb 22nd, 2022 by Saurenergy Shadowfax Technologies has announced a new target of 75 percent of its fleet being electric vehicles by 2024. Headquartered in Bengaluru, the firm also aims for 100% electrification by 2026 as its long-term growth goal. As EV is replacing conventional mobility in various sectors, logistic companies are looking to devise sustainable electric logistic solutions. Seeking to […] Read more
Settle CIL Case with SECI Directly, Not in Court, CERC tells Adani Solar Updated On Mon, Feb 21st, 2022 by Saurenergy The Central Electricity Regulatory Commission has declined to accord the ‘in-principle approval’ sought by Adani Solar for a ‘Change in Law’ event with regards to its PPA with SECI for a 50 MW solar plant in Rajasthan. In November 2018, Adani Solar Energy Four Private Limited (formerly known as Kilaj Solar (Maharashtra) Private Limited) (ASEFPL) entered […] Read more
Solis Signs Strategic Cooperation Agreement with C&D Clean Energy Updated On Mon, Feb 21st, 2022 by Saurenergy Leading Chinese string inverter manufacturer Solis, today signed an agreement with renewable energy supply chain service provider C&D Clean Energy to embark on a strategic cooperation for the global market. Both firms have pledged to cooperate closely on clean energy. This will include solar PV, energy storage, energy management, low-carbon energy saving solutions and enhancing […] Read more
Focusing Only on Renewables a ‘Fatal Mistake’: Saudi Energy Minister Updated On Mon, Feb 21st, 2022 by Saurenergy The Saudi energy minister said on Sunday that focusing only on renewable power sources was a mistake and that the world may not be able to produce all the energy needed for economic recovery from the coronavirus pandemic. “The pandemic and the recovery underway have taught us the value of caution,” said Prince Abdulaziz bin […] Read more
