Lightsource BP to Invest €900 mn in Portugal to Build 1.3 GW Solar Plants Updated On Mon, May 31st, 2021 by Saurenergy London-based solar power developer Lightsource bp, a 50:50 joint venture with oil and gas company bp, recently announced that it has partnered with Portuguese local company INSUN to build five large-scale solar plants in Portugal, which are expected to add over 1.35 GW of low-carbon, renewable power to Portugal’s energy mix. The company plans to […] Read more
Green Firm Vena Energy Bags $500 mn Credit Facility from 8 lenders Updated On Fri, May 28th, 2021 by Saurenergy Vena Energy announced yesterday that it has signed its first sustainability-linked revolving credit facility of JPY52.8 billion (approximately US$500 million) from eight lenders including BNP Paribas, Crédit Agricole CIB, DBS Bank Ltd, ING Bank, MUFG, Intesa, SMBC and Mizuho. The company is an independent power producer and an integrated pure-renewable energy company in the Asia-Pacific region. […] Read more
IFC Supports Wind Projects to Advance Renewable Energy in Vietnam Updated On Thu, May 27th, 2021 by Saurenergy As Vietnam transitions to cleaner low-carbon power generation to help meet the country’s growing demand for electricity, IFC, a member of the World Bank Group, is funding the development and construction of two wind power projects in Central Vietnam. IFC is providing a financing package of $57 million to Thuan Binh Wind Power Joint Stock […] Read more
Spain’s Policy Plans to bring Successful Energy Transition through RE: IEA Updated On Thu, May 27th, 2021 by Saurenergy Spain has laid out ambitious plans to transform its energy system, requiring strong policy support to ensure the needed investments, new IEA policy review says Spain has made considerable progress towards its goal of reaching net zero emissions by 2050, but future gains need to be supported by stable policies, adequate public financing and incentives […] Read more
ISA, MNRE & World Bank Conduct Workshop for ‘OSOWOG’ Updated On Wed, May 26th, 2021 by Saurenergy The International Solar Alliance (ISA), the Ministry of New and Renewable Energy (MNRE) of India, and the World Bank organized a two-day strategic initiation workshop on ‘One Sun One World One Grid’ (OSOWOG). All the implementation partners came together and presented their roadmap for OSOWOG in that workshop which has set up the first milestone […] Read more
Uttar Pradesh-based Lithium Urban Acquires SmartCommute Updated On Wed, May 26th, 2021 by Saurenergy UP-headquartered Lithium Urban Technologies, a leading corporate sustainable mobility solutions provider, announced today its 100% acquisition of SmartCommute, an end-to-end Employee Transport Services SaaS platform. With this move, the company now looks forward to evolving into a full-stack transportation solutions provider across form factors, providing the required mettle to lead India’s progress in the smart […] Read more
China’s Sungrow 1st Firm to Win DEKRA Cyber Security Certificate for RE Updated On Wed, May 26th, 2021 by Saurenergy Chinese inverter brand Sungrow announced recently that the company received a coveted international industrial cyber security certification, being the first one to win the certificate in the renewable energy industry. The Hefei-headquartered firm’s implementation of the IEC 62443-4-1 industry security standard was certified by the international certification organization DEKRA, making Sungrow the first company with CB certification of […] Read more
Zonal Sales Manager – East Updated On Tue, May 25th, 2021 by Saurenergy Targeting key EPC clients in the region. Management of sales in the region Appointment and supervision of distributors. Retention of distributors. Training and handling of retailers/dealers to improve performance. Making sure the product is available at maximum locations at all times. Build corporate & commercial business in the given territory by making commercial establishments like […] Read more
GOGLA Report 2020: ‘Slow, Uneven Recovery of Off-grid Solar Industry’ Updated On Tue, May 25th, 2021 by Saurenergy The recently released July-December 2020 edition of the Global Off-Grid Solar Market Report analyses off-grid solar lighting sales trends during a 6-month period in East Africa, West Africa, Central Africa, South Asia, East Asia, and the Pacific, amid the current global pandemic. It finds that the off-grid industry is showing early signs of a slow […] Read more
