REI 2021 | Conversation with Rahul Bhutiani, Head of Sales & Marketing at Adani Solar Updated On Sun, Oct 3rd, 2021 by Saurenergy Adani Solar has been at the forefront of solar manufacturing in India, and the firm seems set to expand soon. With a $20 billion plan for the next 20 years from Adani Group for renewable energy, Adani Solar will be a key part of those investments. The firm has performed well both in export […] Read more
Phillips 66 to Cut 30% Greenhouse Gas Emissions by 2030 Updated On Fri, Oct 1st, 2021 by Saurenergy U.S Refiner Phillips 66 plans to reduce greenhouse gas emissions intensity from its operations and energy products by 2030, setting impactful, attainable and measurable targets for the company. The company plans to reduce Scope 1 and Scope 2 emissions intensity from operations by 30% and Scope 3 emissions intensity of its energy products by 15%, […] Read more
Koch Invests in Li-Cycle and Other Firms in EV Value Chain Updated On Fri, Oct 1st, 2021 by Saurenergy US firm Koch Strategic Platforms (KSP) has announced a $100 million investment in Toronto-based Li-Cycle – the leading lithium-ion battery recycler in North America – to help meet the rapidly growing global demand to source and recycle critical and scarce battery-grade materials. This is only the latest investment in the EV value chain for Koch […] Read more
Energize Ventures Raises $330 M to Advance Sustainable Tech Updated On Thu, Sep 30th, 2021 by Saurenergy Chicago-based Energize Ventures has announced the closing of a second flagship fund with total capital commitments of $330 million, aiming to invest in digital solutions with proven potential to optimize energy, critical infrastructure and sustainable industries. Energize Ventures is an alternative investment manager that funds digital-first solutions accelerating the sustainable energy transition. The firm provides financial, operational […] Read more
Ford to Invest $11.4 B on EV Production in the US Updated On Wed, Sep 29th, 2021 by Saurenergy Michigan-headquartered multinational automaker Ford, along with its South Korean partner SK Innovation, plans to invest $11.4 billion electric vehicle production, creating nearly 11,000 new jobs at the Tennessee and Kentucky mega-sites. This will be the largest ever U.S. investment in EVs at one time by any automotive manufacturer, said the company. While Ford is stumping […] Read more
KKR Backed Virescent Infra InvIT Raises Rs 460 Crores Updated On Wed, Sep 29th, 2021 by Saurenergy Virescent Infrastructure, the renewable energy platform sponsored by global investment firm KKR, has set up India’s first renewable energy infrastructure investment trust (“InvIT”), Virescent Renewable Energy Trust (“VRET”). VRET has raised Rs 460 crores (US$62 million) from a group of foreign and domestic investors. Leading the transaction, on behalf of its clients, is Alberta Investment […] Read more
Global Solid State Transformer Market to be Worth Over $1200 M by 2027 Updated On Tue, Sep 28th, 2021 by Saurenergy The global solid state transformer (SST) market is likely to register a revenue of $1,246.4 million by 2027, at a CAGR of 26.0% during the forecast period from 2020 to 2027, finds new analysis by Research Dive. The report provides a brief summary of the current market scenario comprising major aspects of the market such […] Read more
Germany’s Encavis Buys 74.5 MW Wind Portfolio in France Updated On Mon, Sep 27th, 2021 by Saurenergy Germany’s Encavis Asset Management has acquired five new wind farms in France, totalling 74.5 MW capacity, to implement the growth and diversification strategy for its special fund Encavis Infrastructure Fund II (EIF II). The seller of the renewable energy plants is the Swiss Axpo Holding AG, whose subsidiary Volkswind is responsible for planning, projecting and construction […] Read more
Omnidian Secures $33 M to Help Firms Manage Solar Assets Updated On Mon, Sep 27th, 2021 by Saurenergy Seattle-based Omnidian, which provides solar system performance plans, has secured a $33 million Series B capital raise in a round that Activate Capital led. Additional round participants included Liberty Mutual Insurance and WIND Ventures, the strategic venture capital arm of Chilean multinational energy firm Copec, as well as existing investors City Light Capital, IA Capital, […] Read more
