Blackstone to Invest $3 B in North America’s Largest Private RE Firm Updated On Mon, Jan 10th, 2022 by Saurenergy New York City-based Blackstone Inc said on Friday it would invest about $3 billion in Invenergy Renewables Holdings Llc, the largest private renewable energy firm in North America. The money that Blackstone will invest is aimed at providing capital to accelerate Invenergy’s renewables development activities, the company said in a statement. Blackstone, the world’s largest manager of […] Read more
ANIL To Lead Adani Group’s Renewable Energy Shift Updated On Mon, Jan 10th, 2022 by Saurenergy The Adani Group, which already has Adani Solar for solar manufacturing, and Adani Green Energy Limited for developing renewable energy projects, has set up a new subsidiary, Adani New industries Limited, (ANIL) to undertake the next big phase of its green energy ambitions. From green hydrogen projects, generation of low carbon electricity and manufacture of […] Read more
Cabinet Approves Intra-State Transmission System – Green Energy Corridor Phase-II Updated On Thu, Jan 6th, 2022 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, today approved the scheme on Green Energy Corridor (GEC) Phase-II for Intra-State Transmission System (InSTS) for addition of approximately 10,750 circuit kilometres (ckm) of transmission lines and approx. 27,500 Mega Volt-Amperes (MVA) transformation capacity of substations. The scheme will facilitate grid […] Read more
Engagement of Senior Consultant for Project Management at Industry Sector Updated On Thu, Jan 6th, 2022 by Saurenergy Bharat Heavy Electricals Limited (BHEL), India’s premier engineering and manufacturing enterprise provides World class products and services and caters to core sectors of the Indian economy viz., Power Generation and Transmission, Renewable Energy, Defence, Aerospace, Oil & Gas with over 180 product offerings to meet the needs of these sectors. With a widespread network of […] Read more
US Based Posigen, Provider Of Solar To Lower Income Households, Gets $100m Funding Updated On Thu, Jan 6th, 2022 by Saurenergy PosiGen, a leading New Orleans, US based provider of renewable energy and efficiency solutions for low-to-moderate income (LMI) households, has confirmed the close of a $100 million preferred equity financing. Magnetar Capital’s Energy & Infrastructure group was the lead investor in the financing and will nominate two new directors to join PosiGen’s Board of Directors. Existing […] Read more
Mozambique Takes First Step Towards Large Solar With 44 MW Floating Solar Plan Updated On Thu, Jan 6th, 2022 by Saurenergy Mozambique, the 32 million strong South East African country is making its first bid for a floating solar plant. State-owned power company Electricidade de Mocambique (EDM) is seeking a consultancy that will conduct a feasibility study to assess the potential and implications of setting up a floating solar farm at a hydro power reservoir in […] Read more
Vedanta Aluminium, GEAR India to Deploy Lithium-Ion Forklift Fleets Updated On Wed, Jan 5th, 2022 by Saurenergy Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, has signed an agreement with GEAR (Gemini Equipment and Rentals Private Limited) India, to deploy one of the largest fleets of lithium-ion battery-powered electric forklifts, becoming the first in Indian aluminium industry to undertake such an initiative. The company shall commission 23 such forklifts […] Read more
CSP Player Heliogen Rounds off 2021 With Completion Of Merger With Athena Updated On Wed, Jan 5th, 2022 by Saurenergy For California-based Heliogen Inc., a provider of AI-enabled concentrated solar power, 2021 has been an exciting year, peppered with attractive investments from and valuable collaborations with major companies, especially in the mining and metals industry. Founded in 2013, Heliogen aims to alleviate the intermittency issues of renewable power generation sources. Its technology is designed to […] Read more
The Year 2021 For SaurEnergy. Learnings, Gratefulness and Plans For 2022 Updated On Wed, Jan 5th, 2022 by Saurenergy Dear Reader, Usually, when we write an article to be published, it is done with a very clear focus that it should meet either of two clear objectives. Deliver hard news to you, or provide an insight that will help you get a better understanding of the renewable sector. In the latter of course, we […] Read more