Glennmont Closes its 3rd Clean Energy Fund at a Record €850 Mn Updated On Tue, Jun 4th, 2019 by Saurenergy Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. UK-based fund manager Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. It is the largest amount that has ever […] Read more
Regulatory Challenges a Limiting Factor for RE in India Updated On Tue, Jun 4th, 2019 by Saurenergy The increasing share of renewables in the total energy mix of the country may lead to an increase in regulatory challenges for coal-based projects in the long term, global rating agency Moody’s Investors Service has revealed. The higher share of renewable energy in the total energy mix presents key regulatory challenges in terms of integrating new renewable […] Read more
Energy Sector Yet to Realise the Full Potential of Intelligent Automation Updated On Fri, May 31st, 2019 by Saurenergy The global energy and utilities sector is making increasing use of intelligent automation, including a significant rise in the use of Artificial Intelligence (AI) since 2017, but executives are underestimating its full potential with large scale projects taking a back seat, according to new research from the Capgemini Research Institute. The report highlights that the […] Read more
Capgemini Report on Intelligent Automation in Energy and Utilities Updated On Fri, May 31st, 2019 by Saurenergy The global energy and utilities sector is making increasing use of intelligent automation, including a significant rise in the use of Artificial Intelligence (AI) since 2017, but executives are underestimating its full potential with large scale projects taking a back seat, according to new research from the Capgemini Research Institute. The study found that nearly half […] Read more
ADB Agrees To Help Finance 100-MW Solar Project in Cambodia Updated On Fri, May 24th, 2019 by Saurenergy The Asian Development Bank (ADB) said today it will extend a loan of USD 7.64 million to support the construction of a 100-MW photovoltaic (PV) park in Cambodia. The National Solar Park Project was developed with grants from the governments of Canada and Singapore and envisages the installation of a power plant in Kampong Chhnang […] Read more
Kimberly-Clarks Turns On Rooftop Solar Plant at Tuas Facility Updated On Fri, May 24th, 2019 by Saurenergy The plant, which has been developed using 7,730 photovoltaic panels mounted on its roof will generate 3.5 Gigawatt-Hours (GWh) of clean energy, enough to power up a thousand 3-bedroom HDB flats for a year. American multinational personal care corporation, Kimberly-Clark has announced the commissioning of its solar installation at its manufacturing facility in Tuas, Singapore. […] Read more
Interview with Sebastian Groh, Managing Director and Founder, SOLshare Updated On Wed, May 22nd, 2019 by Saurenergy Solshare’s Innovative Solution for Energy Access Through Nano Grids A Bangladesh based firm that has made it to the Global Cleantech 100 in 2018. That’s SOLshare, the nano grid firm. The company was formed in 2013, when Dr Sebastian Groh pitched the idea of SOLshare as one of the early outcomes of his PhD thesis […] Read more
CDPQ Invests in Lightsource BP For $194 MN Solar Financing Platform Updated On Wed, May 15th, 2019 by Saurenergy The facility will initially be used to finance a diversified portfolio composed of over 100 solar projects located across various countries and totalling more than 700 MW. Canadian institutional investor, Caisse de dépôt et placement du Québec (CDPQ) and Lightsource BP recently announced a debt investment of £150 million ($194 million) to finance a portfolio of solar assets […] Read more
Fresh hit to Bhadla from May 11 storm. Worrying Situation for Top Developers Updated On Tue, May 14th, 2019 by Saurenergy The Bhadla Solar Park in Rajasthan, which saw some damage to installations in the recent storm on April 17, took yet another hit, this time with more damage, from a storm on May 11. That could mean some serious rethink for developers on their installation specifications. When the April 17 storm hit Bhadla Solar Park […] Read more