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GE Renewable Energy

US Based Posigen, Provider Of Solar To Lower Income Households, Gets $100m Funding

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 […]

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Mozambique Takes First Step Towards Large Solar With 44 MW Floating Solar Plan

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 […]

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Vedanta Aluminium, GEAR India to Deploy Lithium-Ion Forklift Fleets

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 […]

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CSP Player Heliogen Rounds off 2021 With Completion Of Merger With Athena

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 […]

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The Year 2021 For SaurEnergy. Learnings, Gratefulness and Plans For 2022

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 […]

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French Infra Major VINCI Completes Buy of Spanish Energy Firm Cobra IS

French concessions and construction company VINCI has completed the acquisition of Spanish construction major ACS’s energy business, Cobra IS, following an agreement signed between the two companies in April last year. The move also adds a fresh, stronger player in the EPC end of the global renewables sector in the form of the stronger entity […]

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Spanish Renewables Tender for CSP, Biomass to be Out in April

The Spanish government will release its next renewable energy tender in April 2022 to award 500 MW to mostly solar and biomass-based projects, the ministry for the ecological transition has announced. The ministry put the proposal for the auction terms to public consultation until January 21. The plan is to hold the event on April […]

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Bosch India gets a 30 MW Solar Project Through AMP Energy

German MNC Bosch Limited, a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology in India has partnered with leading renewable IPP Amp Energy India for its solar energy requirements. The solar project capacity is 30 MW and would be provided from Amp Energy […]

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NTPC’s 3 GW Renewable Plus Storage Tender Plan Signals Major Hybrid Push

Agency reports have quoted a senior official at NTPC Renewable Energy Ltd. (NREL) as saying that the firm will float tenders for a 3 GW renewable project by February 2022. The news follows a flurry of announcements regarding the power majors renewable arm, from plans to hive it off to the search for a strategic […]

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