Energy Transition and Clean Energy Investment in India Report – 10 Key Takeaways Updated On Thu, Mar 30th, 2023 by Saurenergy Several factors effect the green energy transition, such as the developmental aspect. However, the transition is becoming a reality. India’s largest Investment Banking franchise Avendus, in its latest report, Energy Transition and Clean Energy Investment in India, gives a picture of business segments emerging across the green economy value chain. The report also gives an […] Read more
Iberdrola to Supply Over 1 TWh Renewable Power to Amazon Updated On Wed, Mar 29th, 2023 by Saurenergy In a key development that will step-up the decarbonisation of global e-commerce and cloud company Amazon, Spanish energy firm Iberdrola has inked its largest ever power purchasing agreement (PPA) under which it will develop large-scale renewable energy projects along with Amazon. The PPA is signed for the Iberdrola renewable energy projects – new wind and […] Read more
Brookfield, EIG Consortium Ink Pact to Acquire Origin Energy for A$18.7bn Updated On Wed, Mar 29th, 2023 by Saurenergy A consortium comprised of Brookfield Renewable Partners, together with institutional investors GIC and Temasek, and MidOcean Energy of leading investor EIG will be acquiring 100% shares of Origin Energy Limited. The parities have signed a Scheme Implementation Deed. Origin Energy is Australia’s largest integrated power generator and energy retailer. The Scheme values Origin at an […] Read more
ReNew Repays Over $1 Billion to Offshore Bondholders in FY 2023 Updated On Wed, Mar 29th, 2023 by Saurenergy Gurugram-based clean energy firm ReNew Energy Global Plc has revealed that it has repaid more than $1 billion to its offshore bondholders in FY 2023. The repaid amount entails the most recent amortisation of $180 million in March 2023. “In today’s fast-paced global business environment, firms must be very strategic in financing for the growth […] Read more
Ecoppia Expands Global Presence with Four New Projects in Spain and Chile Updated On Tue, Mar 28th, 2023 by Saurenergy Israeli firm that offers robotic solar panel cleaning solutions, Ecoppia, has announced an agreement to deploy its robotic solutions in four projects developed by Matrix Renewables, the TPG Rise-backed global renewable energy platform. The projects will be established in Spain and Chile. This collaboration will mark Ecoppia’s first project in the Spanish region. Ecoppia will […] Read more
Agrivoltaics Progress As Solution for Food Security & Climate Change Updated On Tue, Mar 28th, 2023 by Saurenergy The substantial increase in the human population and the anthropogenic burden on the environment have led to two significant challenges for the world’s future development: climate change, with a focus on green and renewable energy to combat the global energy crisis, and rising hunger and malnutrition. While the former is often in the limelight on […] Read more
LONGi Steps Up Efforts to Bolster Renewables Biz in Singapore, Indonesia Updated On Mon, Mar 27th, 2023 by Saurenergy Global solar module manufacturer LONGi has said that it will be key to facilitate renewable energy cooperation between the South East Asian countries of Singapore and Indonesia. An MoU on renewable energy cooperation has been signed by Luhut Binsar Pandjaitan, Indonesia’s Coordinating Minister for Maritime Affairs and Investment, and Teo Chee Hean, Singapore’s Senior Minister […] Read more
IFC Issues Sustainability-Linked Bond Worth $50 Million To Tata Cleantech Capital Updated On Mon, Mar 27th, 2023 by Saurenergy A new funding is set to spur India’s renewable energy capacity and help improve access to climate finance, with International Finance Corporation (IFC) investing INR 3,750 million (about $50 million) in a sustainability-linked bond (SLB) issued by Tata Cleantech Capital. This is the first such instrument issued by a private financial institution in India and […] Read more
Swelect Sets Sights on Coimbatore to Make Solar Panels Updated On Mon, Mar 27th, 2023 by Saurenergy A producer of silicon photovoltaic modules that also offers solar technology-based solutions, Swelect HHV Solar Photovoltaics Private Limited has commissioned a plant in Coimbatore, where it will develop solar energy panels. The firm is a subsidiary of Swelect Energy Systems, R. Chellappan, Founder and Managing Director of Swelect, informed that the new manufacturing facility will […] Read more