Cleantech Solar Secures Rs 855 Cr Financing From Aseem Infrastructure Finance Updated On Tue, Jun 25th, 2024 by Saurenergy Cleantech Solar, a renewable energy solution provider with operations in India and Southeast Asia, has announced the financial close of a long-term senior secured loan of Rs. 855 crores from Aseem Infrastructure Finance Limited. This loan is to expand the company’s open-access Commercial and Industrial (C&I) portfolio in India. The Rupee Term Loan (RTL) is […] Read more
Waaree Secures Module Supply Contract For Acciona Energy’s Subsidiary Juna Updated On Mon, Jun 24th, 2024 by Saurenergy Indian solar module manufacturer Waaree Energies has been awarded a major contract by Acciona Energy’s subsidiary Juna Renewable Energy Private Limited, to supply its bifacial solar modules for the 412.5 MWp/335 MW AC project in Rajasthan. The date of commissioning of the said project is in March 2025. The project, located in Kawani village, Bikaner […] Read more
Google, NV Energy Plan To Use Geothermal Power For Data Centers Updated On Thu, Jun 13th, 2024 by Saurenergy In a bid to ramp up its commitment to clean energy, Google has partnered with Berkshire Hathaway electric utility NV Energy to fuel its Nevada data centers with advanced geothermal electricity. This move is part of Google’s broader goal to operate entirely on clean energy by 2030. The agreement, currently pending approval from state utility […] Read more
Access To Public Finance Key To Clean Energy Adoption In India: IEA Updated On Thu, Jun 13th, 2024 by Saurenergy The International Energy Agency (IEA) recently reported an increased usage of modern renewable energy between 2010 and 2021. The United Kingdom and Indonesia have reportedly made the greatest progress in the use of modern renewables (up 9 and 7 percentage points, respectively, in total final energy consumption). The two countries were closely followed by China, […] Read more
Vibrant Energy Appoints Vinay Pabba As Its New CEO Updated On Wed, Jun 12th, 2024 by Saurenergy Hyderabad-based, Vibrant Energy, an owner and developer of corporate renewable energy solutions, announced the appointment of Vinay Pabba as its next Chief Executive Officer (CEO). Vinay Pabba, currently Vibrant Energy’s Chief Operating Officer (COO), will shortly be stepping up into the role of CEO. He brings with him a deep understanding of the renewable energy […] Read more
Volkswagen’s Charging Brand Elli Partners PV Provider Otovo For Home Charging Solutions Updated On Tue, Jun 11th, 2024 by Saurenergy German auto major Volkswagen Group continues to pivot towards an electric vehicle future. Elli, its home grown brand for charging and energy, and Otovo, the leading European solar platform have announced their strategic partnership. Their joint goal is to offer a holistic solution that combines clean solar energy with electric mobility. Together, Elli and Otovo […] Read more
Hitachi Energy Plans To Invest $4.5 Bn In Clean Energy By 2027 Updated On Mon, Jun 10th, 2024 by Saurenergy Switzerland-based Hitachi Energy recently announced its plan to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D, and partnerships by 2027. This is double the investments made by the company in the last three years. This investment complements the company’s recently announced $1.5 billion investment in April this year to ramp up global transformer […] Read more
News Brief June 07 – UK Battery Project, Energy Vault, Sumitomo Updated On Fri, Jun 7th, 2024 by Saurenergy Gresham House secures PPA for 568MW battery projects in UK An Octopus Energy subsidiary and Gresham House Energy Storage Fund have engaged into a power purchase agreement (PPA) for 14 of the company’s battery projects in the UK, totaling 568MW/920 megawatt hours (MWh). Commencing on July 1, 2024, the two-year fixed-price contracts will cover around […] Read more
SC Net Zero Ventures Raises €125 Mn For Energy Transition Updated On Fri, Jun 7th, 2024 by Saurenergy SC Net Zero Ventures, the venture capital investment fund managed by Suma Capital in strategic alliance with Repsol as anchor investor, has completed its first closing raising €125 million. The fund has a target of €150 million. This substantial first closing is a very important step towards achieving the fund’s goals. Furthermore, this milestone underlines […] Read more
