Wind Power Will be a key Building Block for Economic Recovery: Industry Updated On Fri, May 8th, 2020 by Saurenergy Corporates and wind associations have released a statement highlighting wind power’s role in the global economic recovery following the COVID-19 crisis The Global Wind Energy Council (GWEC) along with key signatories representing all the major wind industry corporates and associations across the world have released a statement highlighting wind power’s role in the global economic […] Read more
EV Charging Startup Gets Backing of Siemens, Soros Fund Management Updated On Wed, Apr 29th, 2020 by Saurenergy Electric Vehicle (EV) charging startup Amply Power has secured USD 13.2 million in Series A funding from investors including Siemens Financial Services and Soros Fund Management to advance its services for commercial fleets. The company, founded by serial entrepreneur Vic Shao, helps commercial fleet operators to go electric by providing EV charging infrastructure with fixed […] Read more
ADB Approves $100 mn Loan for Development of Advanced BESS in Mongolia Updated On Mon, Apr 27th, 2020 by Saurenergy ADB has approved a USD 100 million loan to help supply RE to Mongolia by installing its first large-scale advanced battery energy storage system (BESS) The Asian Development Bank (ADB) has approved a USD 100 million loan to help supply renewable energy to Mongolia by installing its first large-scale advanced battery energy storage system (BESS). […] Read more
Our Door is Open for All Kinds of Technologies: Dinesh Jagdale Updated On Thu, Apr 23rd, 2020 by Saurenergy BY emphasizing on the use of clean energy, Ministry of New and Renewable Energy (MNRE), Joint Secretary, Dinesh Jagdale said that India’s door is open for all kinds of technologies and we have to move from Power to Energy. While speaking at the web conference, Jagdale said that “MNRE is promoting and leading a conducive […] Read more
Lightsource BP Finalises Contract With SEPTA for 43.8 MW Solar Updated On Thu, Apr 23rd, 2020 by Saurenergy SEPTA and Lightsource BP have signed a long-term power contract for two solar farms totaling 43.8 MW (dc) in Franklin County, Pennsylvania. The Southeastern Pennsylvania Transportation Authority (SEPTA), among the largest transit agencies in the United States serving the Greater Philadelphia region, and Lightsource BP, a global leader in the development, financing and management of […] Read more
sPower Closes on $350 Mn Commitment for 620 MW Solar Project Updated On Mon, Apr 20th, 2020 by Saurenergy sPower has closed on a USD 350 million tax equity commitment for the 620 MW dc Spotsylvania Solar Energy Center in Spotsylvania County, Virginia. sPower, a leading renewable energy Independent Power Producer (IPP), has announced that the company has closed on a USD 350 million tax equity commitment for Spotsylvania Solar Energy Center in Spotsylvania […] Read more
C-PACE Financing Firm Greenworks Raises $150 Mn Committed Capital Updated On Mon, Apr 20th, 2020 by Saurenergy Greenworks Lending, one of the largest providers of C-PACE financing in the US, has announced that it has raised USD 150 million in committed capital Greenworks Lending, one of the largest providers of Commercial Property Assessed Clean Energy (C-PACE) financing in the US, has announced that it has raised USD 150 million in committed capital from Nuveen, the investment […] Read more
Solar Subsidies. Is It Time To End Them? Updated On Fri, Apr 17th, 2020 by Saurenergy Solar subsidies, like every other subsidy before them, had a noble purpose. To encourage, and enable the adoption of solar power, a cleaner power. It also joined a relatively select group of subsidies, by being open to almost every category of consumers for a while, before being restricted lately to the rooftop solar category. However, […] Read more
Toyota Launches Renewable Venture With Chubu Electric in Japan Updated On Mon, Apr 6th, 2020 by Saurenergy Toyota has established Toyota Green Energy with Chubu Electric for the purposes of obtaining and managing renewable energy sources in Japan Toyota Motor Corporation has announced that it has concluded an agreement to establish Toyota Green Energy LLP with Chubu Electric Power and Toyota Tsusho Corporation, for the purposes of obtaining and managing renewable energy […] Read more
