Enpal Secures €150 M from SoftBank to Battle Climate Crisis Updated On Wed, Oct 20th, 2021 by Saurenergy Just weeks before world leaders gather at the UN Climate Change Conference (COP26) in Glasgow in November to discuss measures to address the climate crisis, German solar start-up, Enpal, has announced that it has closed a EUR 150 million($174 million) investment from SoftBank Vision Fund 2. The firm uses uses AI for provisioning and installing […] Read more
Iberdrola to Invest £6 B in UK Offshore Wind Complex Updated On Wed, Oct 20th, 2021 by Saurenergy Spanish electric utility Iberdrola, through its subsidiary Scottish Power, plans to invest £6 billion in developing an offshore wind complex – East Anglia Hub – in the UK, the company’s biggest investment anywhere in the world and one of the largest offshore wind projects worldwide. Iberdrola’s chairman, Ignacio Galán, announced this undertaking at the Global […] Read more
Navitas Semiconductor to Begin Trading on Nasdaq on Oct 20 Updated On Wed, Oct 20th, 2021 by Saurenergy California-based solar equipment supplier Navitas Semiconductor has announced the completion of its business combination with Live Oak Acquisition Corp. II. Live Oak II stockholders overwhelmingly approved the transaction on October 12, 2021 with over 98% approval rating. Gallium nitride (GaN) is a next-generation semiconductor technology that is said to run up to 20x faster than […] Read more
ISA and Bloomberg Philanthropies In Partnership for $1 Trillion Target Updated On Wed, Oct 20th, 2021 by Saurenergy Bloomberg Philanthropies and the International Solar Alliance (ISA) have partnered to mobilise $1 trillion in global investments for solar energy across ISA’s member countries. The two organizations will kick off the partnership by working with World Resources Institute (WRI) to develop a Solar Investment Action Agenda and a Solar Investment Roadmap, which will be launched at COP26 and in […] Read more
Assistant Manager – Tax Updated On Mon, Oct 18th, 2021 by Saurenergy Global Indirect Tax Analyst will be involved in all aspects of indirect tax cycle, reporting directly to Global Indirect Tax Senior Manager (based out of CA, US). This role includes, but is not limited to, the following responsibilities:- Support international indirect tax operations with Enphase Energy. This includes the following: Indirect tax (VAT / GST […] Read more
Fotowatio Sells 49% In Australia Arm To OMERS Infrastructure Updated On Mon, Oct 18th, 2021 by Saurenergy Fotowatio Renewable Ventures (FRV), a leading Spanish developer of utility-scale renewable energy projects and part of Abdul Latif Jameel Energy, have today announced the sale of a 49% interest in FRV Australia Group to OMERS Infrastructure (the “Transaction”). Under the terms of the Transaction, OMERS Infrastructure will acquire a 49% interest in FRV’s Australian renewable energy platform, […] Read more
MSEDCL Invites Vendor Bids for 200 MW Residential Rooftop Empanelment Updated On Mon, Oct 18th, 2021 by Saurenergy Residential rooftop solar continues to move ahead after a period of dormancy. The latest to add to the push is Maharashtra, where the key state discom, the Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited bids for vendors for 200 MW of grid-connected residential rooftop solar systems under the capital expenditure (CAPEX) model. The […] Read more
Huawei Signs Contract With SEPCOPIII For Red Sea Project Updated On Mon, Oct 18th, 2021 by Saurenergy Huawei Digital Power ended its Global Power Summit 2021 in Dubai with a spectacular light show with the theme ‘Building a Low-carbon and Green Future’. The company claims that over 500 participants from 67 countries attended the summit. Among other things, at the summit Huawei signed MoUs with Grupo IMELSA and HYBRICO Energy for strategic […] Read more
Biden’s 30 GW Offshore Wind Plans Face Many Headwinds Updated On Mon, Oct 18th, 2021 by Saurenergy Plans to lease much of the U.S. coastline — from the Gulf of Mexico to the Northeast, California and Oregon — for offshore wind farms by 2025 are likely to face a steady barrage of resistance from various constituents, as renewable energy faces the biggest problem fossil fuels largely bypass. The NIMBY syndrome, or (Not […] Read more
