Loanpal Receives $800+ Million in First External Investment Round Updated On Thu, Jan 28th, 2021 by Saurenergy Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of $800+ million Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of more than USD 800 million led by NEA and WestCap Group, as well as Brookfield Asset Management, Riverstone Holdings […] Read more
EDEN Renewables India Closes 165 Mn Loan for 450 MW Solar PV Project Updated On Wed, Jan 27th, 2021 by Saurenergy EDEN Renewables India (EDEN), a joint venture of two world leaders in renewable energy Total Eren and EDF Renouvelables, has secured a financial close for its 450 MW solar PV project which it won in a Solar Energy Corporation of India (SECI-III) auction, with a group of three major international banks. The SECI III project […] Read more
EV Sector Hopes For Charging Push, targeted Incentives From Budget 2021 Updated On Wed, Jan 27th, 2021 by Saurenergy With just 5 days to go for Budget 2021 every citizen, expectations have rarely been so high from the government. And the reason is not just the repair work from the shock of Covid 19 has delivered. For once, people seem to realise that the government will actually have some leeway to break some self […] Read more
With 120 MWh Storage Win, Israel’s Augwind Challenges Lithium-ion Storage Updated On Wed, Jan 27th, 2021 by Saurenergy Yakum, Israel-based Augwind has been claiming that its Air Battery energy storage system will be superior to Lithium battery storage. The firm got a big boost earlier this month when Israel’s Electric Authority awarded a big tender for 609 megawatts of solar and 2.4 gigawatt-hours of energy storage, of which at least 120 megawatt-hours of […] Read more
SJVN Prepares for Possible 250 MW solar Project in Bihar With Tender for Land Updated On Mon, Jan 25th, 2021 by Saurenergy SJVN Limited, the public listed mini-ratna jointly owned by the Government of India and Himachal Pradesh state, has taken out a tender for leasing contiguous land holdings of 1250 acres to be considered for a solar power project. Typically, a land holding of that size will house close to 250 MW of solar projects. The […] Read more
Hyundai India Signs MoU with FITT – IIT Delhi, Donates KONA Electric Updated On Thu, Jan 21st, 2021 by Saurenergy The Indian subsidiary of South Korean multinational automotive manufacturer, Hyundai Motor India Foundation has signed a Memorandum of Understanding (MoU) with Foundation for Innovation and Technology Transfer (FITT) – IIT Delhi. This collaboration is being done for IIT Delhi students to study alternate energy powered vehicles and emerging technologies to innovate new-age mobility solutions. The […] Read more
Power Insights from China For 2020-Surge for Wind, Solar, Consumption Up 3.1% Updated On Thu, Jan 21st, 2021 by Saurenergy On January 19, China’s National Energy Administration (NEA) released data on electricity consumption for the full year (2020). And the numbers are surprising, in more ways than one. The big surprise of 2020 was the newly installed capacity of power sources. At 190.87 million kilowatts, these included 13.23 million kilowatts of hydropower, 71.67 million kilowatts […] Read more
EDF-R Announces Commercial Operation of Maverick 1 and 4 Solar Projects Updated On Thu, Jan 21st, 2021 by Saurenergy EDF-R has begun commercial operation of the Maverick 1 (173.4 MWdc) and Maverick 4 (135.9 MWdc) solar projects in California EDF Renewables (EDF-R) North America has announced the completion and commercial operation of the Maverick 1 (173.4 MWdc) and Maverick 4 (135.9 MWdc) solar projects in California. Maverick 1 provides 125 MWac of electricity to […] Read more
PFC Closes Rs 5000 Crore Bonds Issue 11 Days Ahead of Schedule Updated On Tue, Jan 19th, 2021 by Saurenergy The first Rs 5000 crore NCDs issue of PFC was subscribed close to nine times and closed for subscription 11 days ahead of the schedule The Power Finance Corporation’s (PFC) first Rs 5000 crore taxable non-convertible debentures (NCDs) issue was subscribed close to nine times on January 18, 2021, and closed for subscription 11 days […] Read more
