ISC & EESL Partnership Plans to Save 66.5 MkWh of Energy Updated On Tue, Apr 6th, 2021 by Saurenergy The Institute for Sustainable Communities (ISC), an independent US-based non-profit organization, and Energy Efficiency Services Limited (EESL), a joint-venture company under India’s Ministry of Power, have completed another successful year of collaboration on National Motor Replacement Program (NMRP). Institute for Sustainable Communities has been an active partner to EESL right from the conceptualization and in […] Read more
ECP Announces Closing of $1.2 Bn Continuation Fund for RE Platform Terra-Gen Updated On Tue, Apr 6th, 2021 by Saurenergy ECP today announced the successful completion of its first Continuation Fund with $1.2 billion in capital commitments, and the closing of the fund’s subsequent acquisition of the remaining 50% interest held by ECP’s third fund, ECP III, in Terra-Gen (the “Company”), a leading renewable energy developer and operator. ECP previously sold a 50% stake in the Company […] Read more
Fujitsu, AutoGrid to Boost Renewable Energy use in Japan With VPP Solution Updated On Tue, Apr 6th, 2021 by Saurenergy Fujitsu will begin offering Autogrid Virtual Power Plant (VPP) solution in Japan under a new collaboration agreement. Fujitsu Limited and AutoGrid Systems have announced that Fujitsu will begin offering Autogrid’s Virtual Power Plant (VPP) solution in the Japanese market. Fujitsu will leverage the solution to maximise the use of distributed energy resources in the domestic […] Read more
World Adds Record new Renewable Energy Capacity in 2020: IRENA Updated On Tue, Apr 6th, 2021 by Saurenergy According to IRENA, the world added more than 260 GW of renewable energy capacity last year, exceeding expansion in 2019 by close to 50%. Global renewable energy capacity additions in 2020 beat earlier estimates and all previous records despite the economic slowdown that resulted from the COVID-19 pandemic. According to data released today by the […] Read more
Nexamp Taps Mark Frigo to Lead Growing Energy Storage Business Updated On Tue, Apr 6th, 2021 by Saurenergy Nexamp, a leading renewable energy generation and energy storage solutions provider has announced that it is accelerating the growth of its energy storage portfolio with the addition of Mark Frigo as Vice President of Energy Storage. Frigo brings deep industry experience in developing and implementing utility-scale and commercial energy storage projects. As energy storage plays […] Read more
Radiance Renewables Acquires 152 MW Solar Rooftop Assets of Azure Power Updated On Mon, Apr 5th, 2021 by Saurenergy Radiance Renewables, a player in the competitive renewable energy solutions for commercial, industrial and residential customers has announced an agreement to acquire the solar rooftop assets of Azure Power Global Limited for Rs 536.5 crore covering 152.5 MW including 8.1 MW of under construction and 18.5 MW of recently commissioned assets. Radiance is a 100% […] Read more
CDPQ and Energize Ventures Partner to Invest in Clean Energy Technologies Updated On Mon, Apr 5th, 2021 by Saurenergy Energize Ventures, a leading global alternative investment manager, and Caisse de dépot et placement du Québec (CDPQ), a global investment group, announced today the beginning of a new co-investment partnership under which CDPQ will invest up to US$125 million over the next three years in ventures that aim to accelerate the digital transformation of energy and sustainable […] Read more
EIB Provides Brenmiller Energy with €7.5 Mn for Innovative Thermal Storage Factory Updated On Mon, Apr 5th, 2021 by Saurenergy EIB and Brenmiller Energy have signed a €7.5 million financing agreement to back the company’s construction of the first large-scale factory for its bGen storage unit. The European Investment Bank (EIB) and Brenmiller Energy, an Israeli provider of industrial energy storage solutions, have signed a €7.5 million financing agreement to back the company’s construction of the […] Read more
Borosil Renewables to Invest Rs 500 Cr to Double Solar Glass Manufacturing Updated On Mon, Apr 5th, 2021 by Saurenergy Borosil Renewables has plans for doubling its capacity of solar glass manufacturing to 900 tonnes per day with an investment of Rs 500 crore. Borosil Renewables, the only domestic manufacturer of solar panel glass, has announced its plans for doubling its capacity to 900 tonnes per day with a planned investment of Rs 500 crore. […] Read more