ECP Announces Closing of $1.2 Bn Continuation Fund for RE Platform Terra-Gen Updated On Tue, Apr 6th, 2021 by Saurenergy ECP today announced the successful completion of its first Continuation Fund with $1.2 billion in capital commitments, and the closing of the fund’s subsequent acquisition of the remaining 50% interest held by ECP’s third fund, ECP III, in Terra-Gen (the “Company”), a leading renewable energy developer and operator. ECP previously sold a 50% stake in the Company […] Read more
Plug Power led Consortium Pledges $320 Mn to new Clean Hydrogen Fund Updated On Tue, Apr 6th, 2021 by Saurenergy Plug Power, Chart Industries, and Baker Hughes intend to become cornerstone investors in the formation of the FiveT Hydrogen Fund Plug Power, Chart Industries, and Baker Hughes have announced their intention to become cornerstone investors in the formation of the FiveT Hydrogen Fund, a unique new clean-hydrogen-only private infrastructure fund dedicated to delivering clean hydrogen infrastructure projects […] Read more
Civil Engineer Updated On Tue, Apr 6th, 2021 by Saurenergy Responsibilities: To design and construct sub stations, transformer bays and switchyards, their inspection and inspection report writing, & preparation of plans, structural analysis and design, finite element modeling and analysis of special structures, foundation and retaining structure design, quantity-cost estimates. Site Execution of civil work within the time frame and within the Budget. Estimation and […] Read more
ReNew Power Successfully Prices USD 585 Million of Green Bonds Updated On Tue, Apr 6th, 2021 by Saurenergy ReNew Power has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” ReNew Power Private Limited, one of India’s leading renewable energy company, has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” due 2028 on March 31, 2021, to be issued by certain of its […] Read more
GCF Approves USD 137 Mn FMO Investment in India’s Green Growth Equity Fund Updated On Tue, Apr 6th, 2021 by Saurenergy The Board of GCF has approved the proposal by FMO to accelerate private and public sector investment in India’s green infrastructure projects. The Board of the Green Climate Fund (GCF) has approved Dutch development bank FMO’s proposal to accelerate private and public sector investment in India’s green infrastructure projects. Through the Green Growth Equity Fund […] Read more
IIT Hyderabad Develops an Alternative for Typical Lithium-ion Batteries Updated On Tue, Apr 6th, 2021 by Saurenergy Researchers at IIT Hyderabad have come up with an alternative for the conventional Lithium-ion batteries. It is a more sustainable and low-cost Dual carbon battery, which may find potential use in high voltage applications, sophisticated battery-run medical devices, regenerative braking systems in electric vehicles (EVs), and stationary grids. Finding options that are cheaper and more […] Read more
Tata Nexon EV Crosses Milestone of 4000 Units Sales Updated On Mon, Apr 5th, 2021 by Saurenergy Launched in January 2020, the Tata Nexon EV has become the highest sold EV in the country with over 4,000 units sold in just 14 months from its launch. Recently, Tata Motors announced its sales in the domestic & international market, for Q4 FY21 (quarter 4 of the financial year 2021), which stood at 191,720 […] Read more
Electric Vehicles Market Share to Exceed 50% From 2033: Rystad Updated On Mon, Apr 5th, 2021 by Saurenergy The share of electric vehicles in global passenger car sales is set to quadruple in 2026 from 4.6% last year and exceed 50% from 2033 onwards. The market penetration of electric vehicles (EVs) is increasing rapidly as a result of the accelerating energy transition, and demand for batteries is expected to skyrocket going forward for […] Read more
Siemens Gamesa and Repsol Agree to Install 120 MW Across 4 Wind Farms in Spain Updated On Mon, Apr 5th, 2021 by Saurenergy Siemens Gamesa and Repsol have signed their first contract that will see the installation of wind turbines across four wind farms in Spain Siemens Gamesa and Spanish energy giant Repsol have signed their first contract together that will see the installation of 24 SG 5.0-145 wind turbines across four wind farms in Spain, with a […] Read more
