US Distributed Energy Major Nexamp Closes $680 million Fund Raise Updated On Wed, Aug 18th, 2021 by Saurenergy Nexamp, which has a focus on distributed solar and storage systems, has secured a $240 million equity investment led by Generate Capital. The company also recently raised $440 million in debt financing, bringing its total new funding to $680 million. The new funding will accelerate Nexamp’s ability to offer a flexible range of decarbonization options for customers, expanding its […] Read more
100 GW Renewable Energy Milestone Achieved, Much Work Ahead In India Updated On Fri, Aug 13th, 2021 by Saurenergy In self-congratulatory messages sent out yesterday, Power Minister R.K. Singh highlighted the key milestone of 100 GW of renewable energy capacity, excluding large Hydro, that has been reached in India. After including large Hydro, the number goes right up to 146 GW. According to India’s power ministry, India now stands at fourth position after China, […] Read more
India’s Energy Storage Tech Capacity to Reach 180-800 GW by 2050 Updated On Fri, Aug 6th, 2021 by Saurenergy During the last decade, the cost of energy storage technologies, primarily lithium-ion battery energy storage systems (BESS), has declined rapidly and is projected to decline further over the next decade. This comes at a time when electricity grid flexibility is being recognised as an essential resource for reliable operations and for integrating high amounts of […] Read more
CI NMF Commits $100 M to RE Investments with Amp Energy India Updated On Mon, Aug 2nd, 2021 by Saurenergy RE-focussed fund management company Copenhagen Infrastructure Partners (CIP) has signed an investment agreement through its Copenhagen Infrastructure New Markets Fund I (CI NMF) with Amp Energy India Private Limited. The agreement enables joint equity investments in excess of USD 200 million in renewable energy projects in India, with the potential for future expansion. Amp India […] Read more
S&W Solar Expands Menu, Adds Hybrid energy, Storage and Waste To Energy Updated On Fri, Jul 30th, 2021 by Saurenergy Sterling and Wilson Solar Limited (S&W Solar) has announced that it will be expanding its EPC (Engineering, Procurement and construction) solutions offerings to cover Hybrid energy projects as well now. Besides this, it will double don further on its energy storage solutions and waste to energy offering now. Hybrid energy solutions involve combining two or […] Read more
World’s Biggest Green Energy Hub Proposed for Western Australia Updated On Wed, Jul 14th, 2021 by Saurenergy An international consortium is planning to build what would be the world’s biggest renewable energy hub in Australia, covering an area half the size of Belgium, to convert wind and solar power into green fuels like hydrogen. The consortium, which comprises of InterContinental Energy, CWP Global and Mirning Green Energy Limited, aims to build Western Green Energy […] Read more
Samsung & Q CELLS Join Forces for ‘Zero Energy Home’ Solutions Updated On Wed, Jul 7th, 2021 by Saurenergy Samsung Electronics and Q CELLS have announced a new strategic partnership that will see the two companies combine their technological expertise to provide “zero energy home” solutions. A zero energy home is one that becomes energy self-sufficient by only utilizing energy that is drawn from the home itself. This self-sufficiency is achieved by both producing […] Read more
Atlas Renewable Energy Wins Accolades in Latin America Updated On Thu, Jul 1st, 2021 by Saurenergy Miami-based Atlas Renewable Energy has been awarded IJGlobal’s 2020 Latin America Sponsor of the Year Award for the company’s contributions to accelerating the region’s transformation to clean energy. In just 2020, the company signed three major financing contracts: Ananuca worth USD 253 Million, Lar do Sol – Casablanca worth USD 150 million and New Juazeiro […] Read more
IRENA’s World Energy Transitions Outlook Re-Writes Energy Narrative for a Net Zero World Updated On Thu, Jul 1st, 2021 by Saurenergy Accelerating energy transitions on a path to climate safety can grow the world’s economy by 2.4 per cent over the expected growth of current plans within the next decade, a new analysis from the International Renewable Energy Agency (IRENA) shows. The Agency’s 1.5°C pathway foresees the creation of up to 122 million energy-related jobs in […] Read more
