$5 Bn Green Hydrogen Project to Come up in Saudi Arabia Updated On Thu, Jul 9th, 2020 by Saurenergy Air Products, ACWA Power and NEOM, have agreed on a USD 5 billion green hydrogen-based ammonia production facility in NOEM, Saudi Arabia. Air Products, in conjunction with ACWA Power and NEOM, has announced the signing of an agreement for a USD 5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy. The project, which will be […] Read more
L&T Infrastructure Finance Closes $100 Million ECB Loan From AIIB Updated On Wed, Jul 8th, 2020 by Saurenergy L&T Infrastructure Finance has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the AIIB. L&T Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the Asian Infrastructure Investment Bank (AIIB), […] Read more
bp Commits USD 70 Million in India’s Green Growth Equity Fund Updated On Wed, Jul 8th, 2020 by Saurenergy bp will invest USD 70 million into the Green Growth Equity Fund (GGEF) in India. The fund is focused on identifying & investing in green energy solutions. Multinational oil and gas company – bp, has announced that it intends to invest USD 70 million into the Green Growth Equity Fund (GGEF) in India. The fund, […] Read more
Sunrun to Acquire Vivint Solar for Enterprise Value of $3.2 Billion Updated On Tue, Jul 7th, 2020 by Saurenergy Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction Sunrun, a leading provider of residential solar, battery storage and energy services, and Vivint Solar, a leading full-service residential solar provider in the United States, have announced that the companies have entered into a […] Read more
Duke Shelves ACP Plans, but Will Continue Investing in Renewables Updated On Mon, Jul 6th, 2020 by Saurenergy Duke Energy has said it will continue advancing its ambitious clean energy goals without the Atlantic Coast Pipeline (ACP) by investing in renewables Duke Energy has said that the company will continue advancing its ambitious clean energy goals without the Atlantic Coast Pipeline (ACP) by investing in renewables, battery storage, energy efficiency programs and grid […] Read more
We would like to contribute to the success of “Make in India” and the growth of solar in India: Sunil Badesra Updated On Wed, Jul 1st, 2020 by Saurenergy Its 3 GW manufacturing plant in India is the only one outside China for Sungrow. 2 years later, the investment has been vindicated, with the plant serving the domestic as well as export market successfully. We caught up with Sunil Badesra, Business Head, Sungrow India on the story so far. Tell us about the Sungrow […] Read more
Capital Dynamics Completes Acquisition of 353 MW Solar Portfolio Updated On Wed, Jul 1st, 2020 by Saurenergy Capital Dynamics has announced that its CEI business has completed the acquisition of a portfolio of 16 operating solar projects from Coronal Energy Capital Dynamics, an independent global private asset management firm, today announced that its Clean Energy Infrastructure (CEI) business has completed the acquisition of a portfolio of 16 operating solar projects from Coronal […] Read more
Siemens Gamesa to Shut Navarro Plant Amid Challenging Market Conditions Updated On Wed, Jul 1st, 2020 by Saurenergy Siemens Gamesa has decided to shut down its Navarro factory, which is not competitive in the market environment to produce blades for large turbine models. Siemens Gamesa Renewable Energy, one of the leading wind turbine supplier globally, has announced that the company needs to adapt to the challenging market conditions of the wind industry, characterised by […] Read more
TPG Forms RE Firm With Acquisition of 1 GW Portfolio From Trina Solar Updated On Wed, Jul 1st, 2020 by Saurenergy The Rise Fund, managed by alternative asset firm TPG, has announced the acquisition of approximately 1 GW of solar PV projects from Trina Solar. The Rise Fund, a global impact investing fund managed by alternative asset firm TPG, has announced the acquisition of approximately 1 gigawatt (GW) of solar PV projects from Changzhou, China-based Trina […] Read more
