Santander CIB Supports ib vogt Green Energy Vision with EUR 350 Million Financing Updated On Thu, Jul 27th, 2023 by Saurenergy International solar developer ib vogt and Santander Corporate & Investment Banking (Santander CIB) have closed a EUR 350 million financing to further accelerate the buildout of projects intended for ib vogt’s long-term asset ownership, the company statement revealed. ib vogt plans to use the fresh capital for financing the construction of projects sourced from its […] Read more
Water-Scarce Rajasthan Poses New Challenges For Solar Pumps Updated On Thu, Jul 27th, 2023 by Saurenergy By-Parul Kulshrestha As temperatures rose in June this year, Jaman Singh Saini, a 69-year-old farmer from Badangarh village in Jhunjhunu district of Rajasthan, was irrigating his 31-acre farmland of millets, using an electric pump which came with its own challenges – erratic electricity supply, voltage fluctuation and associated costs. About 10 years ago, in 2013, […] Read more
First Solar Bags 279 MW Thin Film Solar Panel Project in Alabama Updated On Wed, Jul 26th, 2023 by Saurenergy Electricity utility corporation, the Tennessee Valley Authority (TVA), has deputed a project to thin film module maker First Solar for 279 MW (dc) of thin film solar panels. The Lawrence County Solar Project will be set up in Alabama and will kickstart operations in 2027. This will be First Solar’s fourth factory in the United […] Read more
Fleet Manager Updated On Wed, Jul 26th, 2023 by Saurenergy Accountable for the management of team managing Long Term Service Agreements (LTSA), maintaining revenue and margin targets while demonstrating the value of Equipment Health Management (EHM), working closely with Regional Field Operations Management and San Diego based teams to enhance delivery of Service Quality and customer relationships. Solar Health Safety and Security (HSSE) program compliance […] Read more
EIB Approves €575 Million Loan for Repsol’s 1.1 GW Wind & Solar Projects in Spain Updated On Wed, Jul 26th, 2023 by Saurenergy The European Investment Bank (EIB) approved a €575 million loan support to Spanish energy firm Repsol. The firm will utilise the fund for the rollout of wind and solar photovoltaic plants in Spain with a total capacity of 1.1 GW. Renewable energy facilities are expected to go live before the end of 2025. Over 35 […] Read more
India Requires 13L Charging Stations By 2030: CII Report Updated On Tue, Jul 25th, 2023 by Saurenergy A new report by the Confederation of Indian Industry (CII) on ‘Charging Infrastructure for Electric Vehicles’ claims that India would require around 13 lakh charging stations to cater to the growing electric mobility needs by 2030. It makes a case for the country to install around 4 lakh chargers for EV annually. The industry association […] 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
DIF Capital Partners Commits £200M Investment in Field’s Battery Energy Storage Updated On Tue, Jul 25th, 2023 by Saurenergy DIF Capital Partners, via its DIF Infrastructure VII fund, has announced a £200 million investment into Field, a London-headquartered dedicated developer and operator of battery energy storage systems. The investment’s primary objective is to support Field in expediting the development and expansion of its 4.5 GWh pipeline of grid-scale battery energy storage projects in the […] Read more
Suzlon’s Net Profit Slides Over 63%, 58% in QoQ & YoY Comparisons Respectively Updated On Tue, Jul 25th, 2023 by Saurenergy Renewable energy solutions provider Suzlon Energy Limited has declared its financial results for the period ended June 30, 2023. Financial Results (Q1 FY2024) – Quarter on Quarter Comparison The total income of the firm stands at INR 1361.68 crores in the period ended June 30, 2023. The total income when compared to that in Q4 […] Read more