Avaada Group Formally Confirms Raising US $1 Bn Funding for Augmenting Renwables from Brookfield Updated On Wed, Apr 26th, 2023 by Saurenergy Avaada Group has formally announced that it has raised US $ 1.07 billion to fund its green hydrogen and green ammonia ventures in India as a part of its ongoing US$ 1.3bn fund raise plan. Brookfield Renewable, through its Brookfield Global Transition Fund (BGTF) will be investing up to US $ 1 billion in Avaada […] Read more
Ameresco & Sunel Group Bid in Unison for 1.5 GW Solar & BESS Projects in UK, Europe Updated On Wed, Apr 26th, 2023 by Saurenergy US-based renewable energy firm Ameresco and the Sunel Group, an EPC contractor and developer for solar projects, have joined forces to bid for 1.5 GW of solar photovoltaic (PV) and battery energy storage system (BESS) projects. These projects are located in the UK and Europe across Greece, Italy, Spain, Romania. The said projects are presently […] Read more
Why Is The Building Sector Shunning Glasses & Adopting Solar? Know The Benefits Updated On Wed, Apr 26th, 2023 by Saurenergy Several industrial high-rise buildings in the last decade have undergone a construction-related transition. Against the earlier popular and conventional practice of using concrete surfaces, many modern buildings now flaunt flashing glass shields. Not only did the new practice help in making those buildings more eye-catching, but it also aided in increasing the energy efficiency […] Read more
MNRE Designates SJVN Limited As Intermediary Procurer, RE Implementing Agency Updated On Tue, Apr 25th, 2023 by Saurenergy In an order released today, the Ministry of New and Renewable Energy (MNRE) designated Satluj Jal Vidyut Nigam (SJVN) Limited as an intermediary procurer/renewable energy implementing agency. The move comes after the government enterprise requested the ministry for such an order. The ministry order said that such recognition was given to the Maharatna central enterprise […] Read more
Uttar Pradesh Registers 144% Jump In Electric Vehicle Registrations In One Year Updated On Tue, Apr 25th, 2023 by Saurenergy The World Resource Institute (WRI)-India claimed that the registration of Electric Vehicles (EVs) in Uttar Pradesh UP) in the last year had witnessed a jump of 144 percent. The data shared by the clean energy think tank claimed that the three-wheelers segment of EVs in the state is spearheading the EV market share in the […] Read more
Google, EDPR Partner on 500 MW Distributed Solar Development in USA Updated On Tue, Apr 25th, 2023 by Saurenergy Global IT conglomerate Google and EDPR North America Distributed Generation LLC have collaborated to support more than 80 distributed solar PV projects totalling 500 MW in the USA. The deal aligns with an environmental justice program benefiting over 25,000 families in low-to-moderate income communities from New Jersey to Ohio. EDPR said that the initial projects […] Read more
X-ELIO Gets Financial Closing Of EUR 102mn For Spanish Solar Projects Updated On Sun, Apr 23rd, 2023 by Saurenergy Global renewable energy player X-ELIO has closed a financing deal for three solar power projects located in the Spanish region of Extremadura. The three solar projects are , Los Llanos I, II and III, that will specifically come up in Medina de las Torres municipality, Badajoz, Spain. X-ELIO has secured EUR 102 million for the […] Read more
IFC To Back 44 MW Solar Plus Storage Malawi Project By Voltalia Updated On Thu, Apr 20th, 2023 by Saurenergy The International Finance Corporation (IFC), the private sector body of the World Bank and Voltalia, a renewable energy company have signed an agreement to arrange financing for the Dwanga Renewable Energy project at Malawi, an east African country. This project has two components which comprise 44 Megawatt (MW) of solar and power and 10 MW […] Read more
LGIM, NTR Raise €390 Million for Renewables Expansion in Europe Updated On Thu, Apr 20th, 2023 by Saurenergy UK-based asset manager Legal & General Investment Management (LGIM) and renewable energy player NTR have raised EUR 390 million in committed capital and co-investment opportunity in the first close of the L&G NTR Clean Power Fund. This Fund would invest in clean power infrastructure assets across wind, solar and energy storage. The Fund is designed […] Read more
