Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest Updated On Mon, Aug 7th, 2023 by Saurenergy Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […] Read more
France’s Neoen Augments Queensland Battery Project to 270 MW/540 MWh Updated On Wed, Jul 26th, 2023 by Saurenergy France’s Independent Power Producer firm which develops, finances, builds and operates solar power plants, wind farms and energy storage solutions, Neoen will be augmenting the the size of its Western Downs Battery project located in Queensland. The expansion is to keep step with the growing demand for storage in the Australian state. Formerly, the battery […] Read more
Hero Future Energies Signs MoUs for INR 6200 Cr to Develop Future RE Projects Updated On Tue, Jul 25th, 2023 by Saurenergy Hero Future Energies has signed two Memorandums of Understanding (MoUs) with REC Limited and PFC Limited for infusion of INR 31100 crores each in HFE over the next five years. The MoUs, were signed on the sidelines of 4th G20 Energy Transition Working Group (ETWG) meetings at Goa. A sum of Rs 6200 crores, gained […] Read more
KPI Green Energy Adds Order Win of 7.70 MW to Portfolio Updated On Fri, Jul 7th, 2023 by Saurenergy A provider of renewable energy solutions, KPI Green Energy Limited, has revealed that it has secured new orders with a cumulative capacity standing at 7.70 MW towards the development of a solar power plant. Of the cumulative capacity of 7.70 MW, 6.70 MW has been assigned to KPI Green Energy Limited. The remaining 1 MW […] Read more
Sunsure Energy Appoints Prosenjit Chakraborty as Head, Performance Systems & IT Updated On Wed, Jul 5th, 2023 by Saurenergy Independent Power Producer SunSure Energy has appointed Prosenjit Chakraborty as the Head of Performance Systems & Information Technology in the Asset Management department. Prosenjit’s professional expertise entails developing and leading asset management systems in the renewables industry. In the past, Prosenjit held key positions at renowned firms such as Ayana Power, Vena Energy, ReNew Power, […] Read more
Risen Energy Signs 1GW HJT Solar Module Supply Agreement with Athein Updated On Tue, Jul 4th, 2023 by Saurenergy Ningbo, China based Risen Energy, a leading producer of heterojunction (HJT) solar modules, has entered into a supply agreement with Singapore-based independent power producer (IPP) platform company, Athein Holding Pte Ltd. The agreement will see the solar module maker providing up to 1 GW of HJT solar modules to Athein Holding, supporting their renewable energy […] Read more
Europe’s Solar Firm Alight Signs PPA With Axfood To Build Sweden’s Largest Solar Park Updated On Wed, Jun 21st, 2023 by Saurenergy Europe’s solar developer and Independent power producer Alight and food retail group Axfood have signed a Power Purchase Agreement (PPA) to build Sweden’s largest solar park threefold. The scale of the solar park unlocks the possibility of using non-recourse project financing for the first time, signaling a shift in the feasibility of large-scale solar in […] Read more
Dubai Opens 5th Phase of the Mohammed bin Rashid Al Maktoum Solar Park Updated On Tue, Jun 20th, 2023 by Saurenergy Dubai has inaugurated the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park, the world’s largest single-site solar park with a planned capacity of 5GW by 2030, as part of its renewable energy push. The fifth phase of the solar park was completed ahead of the scheduled opening date of December 2023, despite […] Read more
HPX crosses 5 Billion Units Of Trade In 11 Months Post Launch Updated On Thu, Jun 15th, 2023 by Saurenergy India’s third power exchange, Hindustan Power Exchange Ltd. (HPX), has successfully crossed the milestone of 5 Billion Units of power traded within 11 months of its launch. HPX was able to cross this landmark with a rapid increase in trade volume across Contingency and Long Duration Contracts (LDC) segments. The strong growth in members/client base […] Read more
