Coming Soon: World’s Largest 16 Gwh Supercap Energy Storage Facility Updated On Tue, Sep 17th, 2024 by Saurenergy Dubai based supercap energy storage manufacturer Enercap Holdings and Abu Dhabi based Apex Investments PSC, a leading diversified investment holding company have formed a joint-venture to build 16GWh per year manufacturing capacity of supercap energy storage, a cutting-edge technology with features that surpass the current lithium-ion technology we commonly see. The joint venture is set […] Read more
L&T Carves Out Renewable Energy Vertical In Its Infrastructure Segment Updated On Mon, Sep 2nd, 2024 by Saurenergy Effective from 1st September 2024, Larsen & Toubro (L&T) carved out a separate business vertical for renewable EPC out of its Power Transmission and Distribution (PT&D) business, within its Infrastructure Projects segment. L&T has created the Renewable EPC business, as an addition to its construction verticals. The move comes at a time when the division […] Read more
Australia To Export Solar Energy To Singapore Updated On Fri, Aug 23rd, 2024 by Saurenergy Australia has approved a unique solar and battery farm project, set to become the largest of its kind in the world. The $24 billion venture, led by tech billionaire Mike Cannon-Brookes, aims to export clean energy from Australia to Singapore. The project, named SunCable, will span Australia’s remote northern region and include a vast array […] Read more
Continuum Green Energy Secures $150Mn To Deploy RE Projects Across India Updated On Tue, Aug 20th, 2024 by Saurenergy Continuum Green Energy (Continuum), a leading renewable energy group in India serving commercial and industrial consumers, has entered into a definitive agreement with Just Climate. Under this agreement, Just Climate will invest Rs. 12.56 billion (approximately US$ 150 million) in new equity to support Continuum’s ongoing deployment of wind-solar-hybrid energy generation and storage projects across […] Read more
In India’s Renewable Push, UP’s Energy Crop Farmers See Little Hope Updated On Thu, Aug 15th, 2024 by Saurenergy Ranjit Singh, 36, is a farmer in the Lakhimpur Kheri district of Uttar Pradesh. He owns 10 acres of fertile land in this region, which he mainly uses to grow sugarcane. After several months of arduous work on his farmland, he harvests this crop and sends it to his nearest sugar mill, around 12 km […] Read more
Fourth Partner Energy Secures $275 Mn Investment From IFC Consortium Updated On Tue, Aug 6th, 2024 by Saurenergy International Finance Corporation (IFC), Asian Development Bank (ADB) and DEG today made a $275 Mn investment into Fourth Partner Energy (FPEL). IFC is a global impact investor and DEG is a German investment and development company. The consortium’s investment will infuse capital to fund FPEL’s business expansion plans which include a target portfolio of 3.5 […] Read more
Neuron Energy Secures Rs. 20 Cr In Series A Funding Updated On Tue, Aug 6th, 2024 by Saurenergy Neuron Energy today concluded its Series A funding round, raising Rs. 20 Crores from investors, including contributions from the Chona Family, a venture capital firm, and Capri Global Family Office, a Non-Banking Financial Company (NBFC). Neuron Energy is an electric vehicle (EV) battery manufacturer that offers various electric mobility solutions that span from lead-acid to […] Read more
Adani Energy Solutions Raises Rs 8,373 Crore From QIP Route Updated On Tue, Aug 6th, 2024 by Saurenergy Gujarat-based Adani Energy Solutions Limited (AESL), recently completed its Rs 8,373 crores (USD 1 billion) Qualified Institutional Placement (QIP). This QIP marks AESL’s first equity raise in the capital market since its demerger and listing from Adani Enterprises Limited (AEL) in July 2015. Adani Energy has a base deal size of Rs. 5,861 crore (USD […] Read more
Global Investments In Battery To Decline In 2024: Rystad Report Updated On Wed, Jul 31st, 2024 by Saurenergy Following four consecutive years of significant growth, this year is set to see a sizeable decline in global battery investments for the first time since 2020, according to Rystad Energy research. The researchers attributed this trend owing to a slump in battery infrastructure investments in mainland China for the global slowdown, as the Asian economic […] Read more
