DEME’s Offshore Vessel Completes Turbine Foundation Work In Scotland Updated On Tue, Apr 16th, 2024 by Saurenergy Belgium-based offshore energy company, DEME’s flagship ‘Orion’ completed monopile installation works on Ocean Winds’ Moray West offshore wind farm project in Scotland. Despite harsh winter conditions, DEME swiftly installed 29 monopiles in approximately two months. Meanwhile, DEME’s DP2 jack-up vessel ‘Apollo’ is installing the transition pieces. The Moray West offshore wind farm, developed by Ocean […] Read more
Could Interest Rates Trip Up India’s Renewables Push? Updated On Tue, Apr 16th, 2024 by Saurenergy Since April started, India’s renewable sector has presented an observer with two contrasting camps. On one side are solar module, and some cell manufacturers, who look forward to good times with the tightening of restrictions on Chinese imports. On the other are the developers, the first few of whom have already started indicating the risk […] Read more
BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia Updated On Mon, Apr 15th, 2024 by Saurenergy British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […] Read more
Husk Power Secures $4 Million In Debt Financing From ElectriFI Updated On Mon, Apr 15th, 2024 by Saurenergy In a joint announcement today, Husk Power Systems and ElectriFI announced collaborating with each other to boost the growth of renewable energy in rural India. Husk Power is a decentralized solar-hybrid mini-grid solution provider. ElectriFI is an EU-funded impact investment facility managed by EDFI Management Company. The firms today confirmed Husk’s securing of an additional […] Read more
Insolation Energy- Soaring Market Cap Delivers Stunning Returns Updated On Fri, Apr 12th, 2024 by Saurenergy Jaipur-based Insolation Energy Limited ( INA Solar), riding on strong operating numbers and the current market fancy for green energy stocks, has raced to the first position by market capitalization on BSE SME & NSE EMERGE platform. With its existing market cap of well over Rs 3300 crores, Insolation Energy Limited (INA Solar), the noted […] Read more
Poland Battery Firms Form JV To Setup EV Battery Recycling Facility Updated On Wed, Apr 10th, 2024 by Saurenergy Elemental Strategic Metals of Zawiercie, Poland, and Ascend Elements of Westborough, Mass., have announced the formation of AE Elemental, a joint venture based in Zawiercie, Poland. Together, the companies will jointly own (50/50) and operate a newly constructed, best-in-class electric vehicle (EV) battery recycling facility in Zawiercie, Poland. According to the Ascend Elements statement, the […] Read more
US SEC Disclosure Rules Lead Companies To Cut Emissions Faster Updated On Wed, Apr 10th, 2024 by Saurenergy The US Securities and Exchange Commission (SEC) approved a new rule mandating publicly traded companies to disclose their direct greenhouse gas emissions. According to the rules, the companies will have to disclose the audited financial statements and therefore in the scope of the registrant’s internal control over financial reporting. Further, climate-related disclosures in the registrant’s […] Read more
FIMER’s Made In India Inverters Shine In Key Indian PV Projects: KN Sreevatsa, MD Updated On Tue, Apr 9th, 2024 by Saurenergy 1.How was the year 2023 for FIMER in India In 2023, FIMER achieved a groundbreaking feat by securing its first major order of the year — a substantial 2.45 GW contract from a single client at a specific location in India. This was particularly significant as it involved the successful conclusion of the NTPC Phase […] Read more
AutoNxt Automation Secures Pre-Series A Funding From Saama Updated On Tue, Apr 9th, 2024 by Saurenergy AutoNxt Automation, a technology start-up building high-torque electric powertrains and off-road autonomous technologies, announced the successful closure of its Pre-Series A round of funding led by Saama. Amit Singhal, the former head of Google’s search division, Suveer Sinha, India Head for KKR Capstone, Bluehill Capital, Keiretsu Forum, Soonicorn Ventures, and other marquee investors participated in […] Read more
