UK, US Firms Launch JV Targetting 20 GW RE Capacity by 2030 Updated On Tue, Nov 16th, 2021 by Saurenergy Low Carbon Limited, based in the UK, and the Massachusetts Mutual Life Insurance Company (MassMutual), based in the US, have joined forces to build a leading global renewable energy Independent Power Producer (IPP). The partnership with MassMutual also aims at supporting Low Carbon’s ambition to raise third-party investment funds with the goal of directing capital into […] Read more
UK Climate Investments, Norfund Invest in South African Wind Portfolio Updated On Tue, Nov 16th, 2021 by Saurenergy Macquarie-managed UK Climate Investments (UKCI) and Norfund are financing a joint venture between H1 Holdings and Pele Green Energy to fund their 40% equity participation in a 700 MW portfolio of onshore wind farms. Both partners will invest alongside Enel Green Power in one of South Africa’s largest renewable energy equity deals valued at around […] Read more
Total Eren Enters Cambodia with 74 MWp Solar Project Updated On Fri, Nov 5th, 2021 by Saurenergy Total Eren, a renewable independent power producer based in Paris, has taken its first steps in the renewable energy market of Cambodia through the acquisition of a 73.9 MWp photovoltaic project named “Battambang” from Risen Energy, a Chinese developer active in R&D and PV panels manufacturing. The PV farm is currently in operation in the Battambang Province, […] Read more
Broad Reach’s 200MW Battery Storage Plants Now Online in Texas Updated On Wed, Nov 3rd, 2021 by Saurenergy Broad Reach Power LLC, an independent power producer based in Houston which owns a 21-gigawatt (GW) portfolio of utility-scale wind, solar and energy storage power projects across the United States, has announced that its first two transmission-level projects, North Fork and Bat Cave, are online and placed in service with Electric Reliability Council of Texas […] Read more
Mainstream Renewable Wins 1.27 GW of Renewable Projects In South Africa Auctions Updated On Mon, Nov 1st, 2021 by Saurenergy The consortium led by Mainstream Renewable Power has received 50% of the total allocation in the latest round of the South African Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) Making the formal announcement on October 29, the firm announced that twelve of its projects have achieved preferred bidder status in Round 5 of South […] Read more
Manager – Business Finance Updated On Thu, Oct 28th, 2021 by Saurenergy Work in the Business Finance Team on driving various Finance & Digitalisation initiatives Roles and Responsibilities:- Drive and Program manage Digitalisation & Finance transformation initiatives along with process / policy changes Work on various finance related process improvement initiatives (Improved Reporting & Forecasting, Financial Analysis etc.) Work on need based financial and operating performance analysis […] Read more
Business Translator Updated On Thu, Oct 28th, 2021 by Saurenergy Responsibilities:- Understand business problems and identify challenges and constraints Design digital and advance analytics solutions to business problems Implement the solution with an understanding of end-to-end architecture Interact with internal and external stakeholders involved in implementation of the solution Identify opportunities for implementation of new use cases Drive good data governance and adherence to SOPs […] Read more
DIF Capital Becomes Majority Shareholder in Solar Platform ib vogt Updated On Thu, Oct 21st, 2021 by Saurenergy DIF Capital Partners (DIF), a global independent infrastructure investment fund manager, through its fund DIF Infrastructure VI, has reached an agreement to acquire a 51% stake in ib vogt GmbH, a developer of utility-scale PV solar, from its current 100% shareholder DVV. ib vogt has a total solar capacity, built or in construction, of over 2.2 […] Read more
REC Raises 5 Year Loan Of $75 million From SMBC Updated On Thu, Oct 21st, 2021 by Saurenergy In a first for any NBFC in India, REC Limited has successfully raised a USD 75 million, 5-year Secured Overnight Financing Rate (“SOFR”) linked Syndicated Term Loan on October 7, 2021, with Sumitomo Mitsui Banking Corporation (SMBC), Singapore Branch appointed as the sole Mandated Lead Arranger and Bookrunner. Along with the loan, REC has also […] Read more
