CIT Arranges $85 Mn Financing for 80 MW Solar Project in Colorado Updated On Wed, Jun 24th, 2020 by Saurenergy Financial holding company CIT Group through its Power and Energy unit has arranged USD 85 million financings for an 80 MW Pioneer Solar project located in Colorado. CIT further served as sole lead arranger for financing on behalf of project sponsor Idemitsu Renewables, a leading solar project developer that has successfully built and sold hundreds of […] Read more
Silicon Ranch Begins Work on 20 MW PV Project to Power FB Data Centre Updated On Wed, Jun 24th, 2020 by Saurenergy Silicon Ranch and PCL have begun construction on the 20 MW Odom Solar Farm, located near the city of Moultrie in Colquitt County, in Southwest Georgia. Silicon Ranch Corporation, one of the largest independent solar power producers in the US, and PCL Construction Services, one of the largest contractors in North America, have announced that […] Read more
EV Connect, Trillium Complete California’s Central Valley Electric Highway Updated On Wed, Jun 24th, 2020 by Saurenergy EV drivers traveling through California’s Central Valley now have more than 150 miles of State Highway 99 supported by electric fast-charging stations Electric Vehicle (EV) drivers traveling through California’s Central Valley now have more than 150 miles of State Highway 99 supported by fast-charging stations at three Love’s Travel Stops. The expansion is a result of a partnership between EV […] Read more
Renewable Enterprise Software Firm Pexapark Raises €6m Funding Updated On Mon, Jun 22nd, 2020 by Saurenergy Zurich, Switzerland based Pexapark has raised €6m in its second funding round. The firm was started up in 2017 by Michael Waldner, Luca Pedretti and Florian Müller, BayWa r.e. Energy Ventures, Encavis, and RP Global are the investors that have invested to back Pexapark’s software and advisory services that help manage financial risk in the […] Read more
IEA Offers Sustainable Recovery Plan to Governments to Boost Economic Growth Updated On Thu, Jun 18th, 2020 by Saurenergy IEA has outlined energy-focused policies and investments in a new Sustainable Recovery Plan to move the world towards a cleaner and more resilient future. The International Energy Agency (IEA) has, based on an analysis conducted in cooperation with the International Monetary Fund (IMF), outlined energy-focused policies and investments in a new Sustainable Recovery Plan to […] Read more
EV Sales Rise with Implementation of Stringent Emission Norms: Frost & Sullivan Updated On Thu, Jun 18th, 2020 by Saurenergy EV sales will be driven by the implementation of stringent emission norms across countries and global policies favouring the adoption of electric vehicles Frost & Sullivan’s recent analysis, Global Electric Vehicle Market Outlook, 2020, finds that the COVID-19 uncertainty will globally dent electric vehicle (EV) sales, which are estimated to stand somewhere between ±9 percent in […] Read more
EESL Plans to Invest £150 Mn in UK and Ireland Power Market in 2020 Updated On Thu, Jun 18th, 2020 by Saurenergy EESL has plans to invest around GBP 150 million over the course of this year in the UK and Ireland market, as part of its UK JV EnergyPro Assets Limited India’s Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, has plans to invest around GBP 150 million over the […] Read more
GE, COBOD, LafargeHolcim Partner to Co-Develop Record 200 m Tall Wind Turbines Updated On Wed, Jun 17th, 2020 by Saurenergy USD 15 billion wind energy giant GE Renewable Energy, COBOD and LafargeHolcim have entered into a partnership to co-develop wind turbines having record heights up to 200 meters with optimized 3D printed concrete bases. The COBOD International is a leading 3D construction printing company, supplying this technology to its customers in Asia, the Middle East, […] Read more
Silfab, Morgan to Produce Solar Modules with Optical-Film Technology for Enbridge Updated On Wed, Jun 17th, 2020 by Saurenergy Morgan Solar, a light management technology company, has announced the sale of 13.6 MWDC of its bifacial solar photovoltaic (PV) panels to Enbridge, a leading energy infrastructure company. Further, these solar panels will be embedded with performance-boosting SimbaX technology and will be manufactured by Silfab Solar under an exclusive license agreement between the two companies. […] Read more