Sterlite Power Appoints Amitabh Prasad as Brazil CEO Updated On Thu, Jan 14th, 2021 by Saurenergy Sterlite Power, a leading global developer of power transmission, has announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil. After two years of association with the company in various leadership positions, Ricardo Cleber Zangirolami has decided to step down from the CEO position due to personal reasons. He will continue to support the […] Read more
cKers Finance Ties Up with OTO Capital, Promoting E2Ws in India Updated On Tue, Jan 12th, 2021 by Saurenergy cKers Finance, a ‘sustainable energy finance firm” yesterday announced its debt financing tie-up with OTO Capital, a finance startup for two-wheelers, for its electric two-wheelers (E2Ws) leasing program in India. cKers has set-up an initial line of INR 30 million for OTO. OTO will use this facility to purchase E2Ws in India, which will then be […] Read more
IndiGrid Completes Acquisition of RInfra Stake in PKTCL for Rs 900 Cr Updated On Mon, Jan 11th, 2021 by Saurenergy RInfra has successfully completed the sale of its entire 74 percent equity stake in PKTCL to IndiGrid for an enterprise value of Rs 900 crore Reliance Infrastructure Limited (RIL) has announced that it has successfully completed the sale of its entire 74 percent equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid […] Read more
Loanpal Closes Securitization of $474 Million of Residential Solar Loans Updated On Fri, Jan 8th, 2021 by Saurenergy The securitization, the largest residential solar securitization to date, brings the total amount of securitized loans generated on the Loanpal technology platform to $1.4 billion since the beginning of 2020 Loanpal, the nation’s leader in point-of-sale sustainable home improvement financing, today announced that Loanpal Solar Loan 2021-1 Ltd. and Loanpal Solar Loan 2021-1 LLC (“LPSLT […] Read more
Carlyle Group Partners With Amp Energy, By Investing USD 374 Mn Updated On Thu, Jan 7th, 2021 by Saurenergy Global investment firm, The Carlyle Group has announced its growth investment in Amp Solar Group (Amp Energy), an energy transition platform company, with an investment of USD 374 million. The Canadian based, global renewables company has developed over 1.8 GW of distributed and utility-scale renewable generation projects, hybrid generation plus storage projects and stand-alone battery […] Read more
FlexGen and CATL to Deliver 220 MWh Energy Storage in Texas Updated On Wed, Jan 6th, 2021 by Saurenergy FlexGen has teamed with CATL to install two 110 MWh stand-alone battery storage projects in Texas’ Hill Country. FlexGen, a leading energy storage technology solutions and services provider, has announced it has teamed with CATL, a global leader in the development and manufacturing of lithium-ion batteries for new energy vehicles and energy storage systems (ESS), to install […] Read more
Bruc Energy and Alter Enersun Partner to Develop 550 MW Solar Projects in Spain Updated On Mon, Jan 4th, 2021 by Saurenergy The group, chaired by Juan Béjar, reached an agreement to buy 55% of 12 plants under construction and development in Andalusia and Extremadura. December 30th.- Bruc Energy has reached an agreement with Alter Enersun to buy 55% of 12 photovoltaic solar power plants, totalling 550 MW. Both companies have created a new company called Bruc […] Read more
GIP to Acquire MAP Energy’s RE Business With Interest in 16 GW of Projects Updated On Wed, Dec 30th, 2020 by Saurenergy Global Infrastructure Partners (GIP) has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP® Energy. Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP Energy. GIP’s fourth flagship fund, GIP IV, will acquire 100 percent of the MAP RE/ES investment […] Read more
AMP Capital Joins Sterlite Power To Establish Transmission Platform Updated On Tue, Dec 29th, 2020 by Saurenergy The two firms will invest USD 150 Million each in the development of four transmission projects Global investment manager AMP Capital has established a 50/50 partnership with Sterlite Power Transmission Limited (Sterlite Power) for the development of energy transmission projects in India. This marks the first investment in India for AMP Capital’s global infrastructure equity […] Read more
