L&T Begins Construction at 300 MW Jeddah Solar Plant in Saudi Arabia Updated On Wed, Apr 14th, 2021 by Saurenergy L&T has secured the go-ahead to begin construction of the 300 MW Jeddah Solar PV Power Plant in Saudi Arabia. Larsen & Toubro (L&T) has announced that the renewable arm of its power transmission and distribution business has secured the go-ahead to begin construction of the 300 MW Jeddah Solar PV Power Plant in Saudi […] Read more
L&T Bags EPC Contract for the 1.5 GW Sudair Solar Project in Saudi Arabia Updated On Tue, Apr 13th, 2021 by Saurenergy L&T has secured a turnkey EPC Contract in Saudi Arabia, from the consortium led by ACWA Power for the 1.5 GW Sudair solar project. The Renewables arm of Larsen & Toubro’s (L&T) Power Transmission & Distribution Business has announced that it has secured a turnkey EPC Contract, from the consortium of ACWA Power and the […] Read more
India’s First Li-ion Battery Plant in Karnataka Updated On Tue, Apr 13th, 2021 by Saurenergy Vikram Handa, son-in-law of steel tycoon Sajjan Jindal, set up Epsilon Advanced Materials Pvt in Karnataka in August last year to become the first manufacturer of lithium-ion battery parts in India. Handa’s investment in the plant will be a whopping Rs 60 billion ($807 million) so that 1 lakh tonnes of synthetic graphite anode can […] Read more
BlackRock Achieves a USD 4.8 Bn Final Close for Global Renewable Power Fund III Updated On Thu, Apr 8th, 2021 by Saurenergy BlackRock Real Assets has successfully achieved a US$4.8 billion final close of Global Renewable Power Fund III (“GRP III” or the “Fund”) with commitments from over 100 institutional investors, including leading public and private pension funds, insurance companies, endowments, foundations and family offices from over 18 countries globally. GRP III is the third vintage of […] Read more
Poland Awards CfD to Baltica Offshore Wind Farms Worth 2.5 GW Updated On Thu, Apr 8th, 2021 by Saurenergy The Polish Energy Regulatory Office has awarded a CfD to the Baltica 3 & Baltica 2 offshore wind farms with a total capacity of up to 2.5 GW. The Polish Energy Regulatory Office has awarded a Contract for Difference (CfD) to the Baltica 3 and Baltica 2 offshore wind farms with a total capacity of […] Read more
Norway’s $1.3 Trillion Sovereign Fund Makes First Green Infra Investment Updated On Thu, Apr 8th, 2021 by Saurenergy Norway’s $1.3 trillion sovereign wealth fund, a pioneer and probably the largest in the world has announced its first investment into renewable energy infrastructure on April 7. The fund, which was in the news for its decision to stop and exit from all investments in fossil fuel-based firms, sold the last of its holdings in such […] Read more
Plug Power led Consortium Pledges $320 Mn to new Clean Hydrogen Fund Updated On Tue, Apr 6th, 2021 by Saurenergy Plug Power, Chart Industries, and Baker Hughes intend to become cornerstone investors in the formation of the FiveT Hydrogen Fund Plug Power, Chart Industries, and Baker Hughes have announced their intention to become cornerstone investors in the formation of the FiveT Hydrogen Fund, a unique new clean-hydrogen-only private infrastructure fund dedicated to delivering clean hydrogen infrastructure projects […] Read more
ReNew Power Successfully Prices USD 585 Million of Green Bonds Updated On Tue, Apr 6th, 2021 by Saurenergy ReNew Power has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” ReNew Power Private Limited, one of India’s leading renewable energy company, has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” due 2028 on March 31, 2021, to be issued by certain of its […] Read more
GCF Approves USD 137 Mn FMO Investment in India’s Green Growth Equity Fund Updated On Tue, Apr 6th, 2021 by Saurenergy The Board of GCF has approved the proposal by FMO to accelerate private and public sector investment in India’s green infrastructure projects. The Board of the Green Climate Fund (GCF) has approved Dutch development bank FMO’s proposal to accelerate private and public sector investment in India’s green infrastructure projects. Through the Green Growth Equity Fund […] Read more