D. E. Shaw Renewable Investments Acquires Willow Springs Project from First Solar Updated On Thu, Oct 18th, 2018 by Saurenergy 100MWAC project adds to DESRI’s portfolio of PV assets First Solar, Inc. (Nasdaq: FSLR) and D. E. Shaw Renewable Investments, L.L.C. (DESRI) today announced the acquisition by a DESRI affiliate of the 100 Megawatt (MW)AC Willow Springs Solar Project in Kern County, California. Terms of the deal were not disclosed. The project, which was developed by First […] Read more
UBM India Successfully Concludes 12th Edition of Renewable Energy India Expo Updated On Wed, Oct 10th, 2018 by Saurenergy Keen global and local participation, foreign investments & technology breakthroughs marked the show UBM India successfully concluded the 12th edition of Renewable Energy India (REI) Expo, the three day (18th – 20th September 2018) show at the India Expo Center, Greater Noida. This year, the show focused on approaching renewables in a more holistic manner, […] Read more
Statkraft to Invest $1.2 Bn in Renewable Energy Updated On Thu, Sep 27th, 2018 by Saurenergy In order to achieve the target, Statkraft has an ambition to reach 6000 MW onshore wind and 2000 MW solar until 2025. Renewable Energy generator, Statkraft in a bid to strengthen its position in the renewable energy industry has planned to invest USD 1.2 billion in the renewable energy segment during the period 2019-2025. In […] Read more
Renewable Energy May Cause $6 Trillion Fossil-Fuel Divestment Updated On Wed, Sep 12th, 2018 by Saurenergy J P Morgan mentions that contrary investment in the renewable energy would pose a high risk on shareholder returns for the oil giants. With an increased pressure from governments and consumers to use renewable energy, oil industry is eyeing investing in alternative sources of energy. Leading market analyst, J P Morgan suggests that the global […] Read more
IFGE Confers Green Energy Award on CleanMax Solar Updated On Mon, Sep 10th, 2018 by Saurenergy CleanMax Solar has won the award for its 145 MW solar farm at Sedam, Gulbarga District, Karnataka which supplies solar power to corporates like Adobe, ACC, United Breweries, SKF, Volvo and others. Achieving another milestone, sustainability partner for corporates, CleanMax Solar has won the ‘India Green Energy Award’ from country’s esteemed clean energy advisor Indian […] Read more
Fossil Fuels Won’t Last Long: Suresh Prabhu on Renewable Energy Updated On Wed, Sep 5th, 2018 by Saurenergy The cost of renewable energy is inversely proportional to the amount of its generation in India. As the country proceed with more generation of renewable energy the costs of development will gradually reduce. Speaking at a function of International Solar Alliance (ISA) Innovation and Investment Forum, Union Minister Suresh Prabhu stressed upon the need to increase […] Read more
Facebook: Commits 75% Lower Emissions, Power 100% Renewable Energy by 2020 Updated On Tue, Aug 28th, 2018 by Saurenergy In a record-breaking year of corporate renewable energy purchases, Facebook is on track to be one of the largest corporate purchasers of renewable energy. Social media giant Facebook has committed to reduce its greenhouse gas emissions by 75 percent and powering its global operations with 100 percent renewable energy by the end of 2020. In a record-breaking year […] Read more
Cygni Energy Raises $6.4 mn to Back Expansion Updated On Thu, Aug 23rd, 2018 by Saurenergy Cygni Energy equity funding is led by Endiya Partners, a leading early-stage venture capital firm that invests in product startups, and the debt by IndusInd Bank, a leading Private Bank in India. Hyderabad based innovative Solar-DC solutions startup, Cygni Energy has raised a funding of USD 6.4 million through a combination of Equity and Debt. The equity funding […] Read more
Poland Passes Amendment to Back Renewable Energy Updated On Wed, Aug 8th, 2018 by Saurenergy Waiting for the president’s assent, the amendment aims at reducing the carbon footprint for the country which is heavily dependent on fossil fuel energy. Giving support to the use of clean energy, upper house of the Polish parliament passed an amendment to encourage more investment in Poland renewable energy. Waiting for the president’s assent, the […] Read more
