Danish Renewable Energy Fund CIP Secures EUR 5.6 Billion Updated On Mon, Jul 10th, 2023 by Saurenergy Copenhagen Infrastructure Partners (CIP) successfully secured EUR 5.6 billion in capital commitments for their fifth flagship fund, Copenhagen Infrastructure V (CI V), on June 30, 2023. This achievement sets them on course to achieve their goal of raising a fund size of EUR 12 billion (about 13 billion USD), possibly making CI V the world’s […] Read more
Serentica Renewables Enters into 1,500 MWhr Energy Storage Contract with Greenko Updated On Mon, Jul 10th, 2023 by Saurenergy Serentica Renewables, a C&I focused renewable energy developer in India, has announced that it has signed a first-of-its-kind standalone energy storage capacity offtake contract with global energy storage developer, Greenko Group. As part of this contract, Serentica will leverage Greenko’s unique energy storage capabilities to utilise a cumulative 1,500 MWhr capacity from its upcoming energy […] Read more
NTPC Group’s Total Power Generation Capacity Crosses 73 GW Updated On Fri, Jul 7th, 2023 by Saurenergy The total generation capacity of the National Thermal Power Corporation (NTPC) Group has crossed 73 Gigawatt (GW), a statement from the Ministry of Power said today. The ministry said that with more power projects, the group’s total installed electricity generation capacity touched 73,024 Megawatt (MW). It includes 57,038 MW installed capacity of power plants owned by […] Read more
Power Consumers Without Automatic Meter To Be Penalised In Karnataka Updated On Fri, Jul 7th, 2023 by Saurenergy The Karnataka Electricity Regulatory Commission (KERC), in its latest suo motu order, has asked all the open access power consumers in the state to install Automatic Meter Reading (AMR) facilities on their premises before August 1, 2023. The Commission said that after the scheduled date, the errant consumers not complying with the order could face a […] 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
Portugal Scales Up PV Target From 9 GW to Over 20 GW By 2030 Updated On Thu, Jul 6th, 2023 by Saurenergy Keeping up with the trend of countries all over the world expecting, and seeking more from Solar power, Portugal has also enhanced it’s PV targets by over 2X to 20 GW, by 2030. The new targets are driven by a need to accelerate the energy transition, and an extra push from establishing green hydrogen manufacturing […] Read more
Duke Energy To Offload Commercial Distributed Generation Biz to ArcLight In $364 million Deal Updated On Thu, Jul 6th, 2023 by Saurenergy Duke Energy has announced an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC , a leading middle market infrastructure investor, for an enterprise value of $364 million, inclusive of non-controlling tax equity interests. Duke Energy expects approximately $259 million of proceeds from this transaction, which is subject to certain […] Read more
African Development Bank’s SEFA Provides $7.88 Million Grant for AETC Programme Updated On Thu, Jul 6th, 2023 by Saurenergy The African Development Bank Group’s Board of Directors has approved a $7.88 million grant from the Sustainable Energy Fund for Africa (SEFA) for the Africa Energy Transition Catalyst Programme, which aims to increase renewable energy generation across the continent. The AETC Programme The Africa Energy Transition Catalyst Programme, also known as AETC, is a program […] Read more
Offer Industrialization Lead Updated On Wed, Jul 5th, 2023 by Saurenergy We are hiring an Offer Industrialization Lead with a strong background in manufacturing process and third-party manufacturing management to join the Schneider Electric Solar and Storage team in Bangalore, India. Responsibilities:- Ensure smooth transition of new products from design to full-scale production Plan, budget and organize industrialization activities using agile methodologies Collaborate with engineering teams early on […] Read more
