Renew Power to Invest INR 30,000 Cr in Solar, Wind Energy By 2025 Updated On Mon, Oct 17th, 2022 by Saurenergy Renewable energy conglomerate ReNew Power hopes to invest INR 30,000 crore in the coming two years in solar and wind energy capacities according to reports. ReNew Power Chairman Sumant Sinha has said that ReNew has 5,000 MW of projects which it is building presently as it has won auctions and has Power Purchase Agreements. The […] Read more
Ather Energy Installs Over 500 Ather Fast Charging Grids Across India Updated On Fri, Oct 14th, 2022 by Saurenergy Ather Energy, one of India’s leading electric scooter manufacturers, has announced the installation of the 580th public fast charging point, the Ather Grid, across 56 cities in India. As the company expands its footprint nationally, Ather Energy plans to install 820 more grids, taking the count to 1400 by the end of FY23. Ather Grids […] Read more
Capital Dynamics Raises EUR 521 Million for Clean Energy Infrastructure Fund Updated On Fri, Oct 14th, 2022 by Saurenergy Independent private asset management firm based in Singapore, Capital Dynamics has announced the final closing of Capital Dynamics Clean Energy Infrastructure IX (CEI IX), which is the company’s latest renewable energy fund. The official statement held that CEI IX exceeded its initial target of EUR 300 million by approximately 75% and closed with EUR 521 […] Read more
Orb Energy Secures Follow-On Funding from US DFI Updated On Thu, Oct 6th, 2022 by Saurenergy Bangalore-based Orb Energy, a vertically integrated provider of solar energy solutions in India, announced today that it has received a $20 million USD follow-on loan from United States International Development Finance Corporation (DFC) to support its unique in-house financing facility for rooftop and ground mounted solar customers in India. Damian Miller, the CEO and Co-founder […] Read more
Iron-Air Battery Maker Form Energy Secures $450 million for Energy Storage Technology Updated On Thu, Oct 6th, 2022 by Saurenergy In a fresh announcement, iron-air battery maker Form Energy, based in Massachusetts, United States has said that it has secured a $450 million Series E financing led by American investment firm TPG Rise. TPG Rise is making the investment through TPG Rise Climate, its dedicated climate investing strategy, and The Rise Fund, its longstanding, multi-sector […] Read more
Canada’s Brookfield Invests $2 Billion in Scout Clean Energy, Standard Solar Updated On Mon, Oct 3rd, 2022 by Saurenergy Brookfield Renewable, which owns, operates and develops renewable power, together with its institutional partners, has announced two investments in the US renewable energy sector. Brookfield will acquire Scout Clean Energy for $1 billion with the potential to invest an additional $350 million to support the business’ development activities. It also announced the closing of its […] Read more
Australia’s AGL Energy Plans to Invest $13B in Renewable Energy by 2036 Updated On Fri, Sep 30th, 2022 by Saurenergy An Australian energy generator and retailer, AGL Energy Ltd. recently announced to spend up to A$20 billion ($13 billion) by 2036 on renewable energy and accelerate the end of coal-fired generating by ten years. The country’s largest electricity producer and highest polluter made a U-turn following a vocal campaign by the top shareholder and billionaire […] Read more
$320 B Dubai Investment Fund Picks 5 RE Projects In Australia, Europe For Investments Updated On Wed, Sep 28th, 2022 by Saurenergy Dubai Investment Fund (DIF), one of the world’s largest independent international investment funds and asset managers, announced its investment into five projects aimed to developing renewable energy sources in Australia and Europe. The fund has been expanding its investment strategies, to include more environmentally friendly and clean technologies, whose importance will definitely rise in the […] Read more
Saudi Arabia Sets Sights on Building Five Renewable Energy Projects Updated On Mon, Sep 26th, 2022 by Saurenergy The Kingdom of Saudi Arabia is building five new projects for the production of renewable electricity. As per reports, the total capacity of the combined five RE projects will be 3,300 MW. The Saudi Power Procurement Company (SPPC) had announced recently that solar and wind sources will be employed to generate electricity. The company has […] Read more
