ADFD, Masdar Join 1.5 GW Renewables Platform of IRENA Updated On Thu, Jun 23rd, 2022 by Saurenergy The International Renewable Energy Agency (IRENA) has announced the signing of agreements with the Abu Dhabi Fund for Development (ADFD) and The Abu Dhabi Future Energy Company (popularly known as Masdar) that formalises the fund’s anchor investment of $ 400 million to Energy Transition Accelerator Financing (ETAF) Platform of IRENA. The official statement of IRENA […] Read more
PubMatic Achieves 100% Renewable Energy Across Global Data Centers Updated On Wed, Jun 22nd, 2022 by Saurenergy PubMatic, an independent technology company has said that all of its global data centers are now powered by 100% renewable energy. PubMatic claims it to be a significant milestone and says that it embarks on a comprehensive, multi-pronged sustainability plan by the end of 2022. According to the World Economic Forum, the infrastructure powering the […] Read more
India’s Renewable Energy Auctions To Retain Interest Of Large Developers-IEEFA Updated On Wed, Jun 22nd, 2022 by Saurenergy A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) says that large developers in the renewable energy sector have enough options to boost returns even as challenges mount and will fight aggressively in the various auctions scheduled in 2022 in India. The report comes even as the industry is going through […] Read more
CrossBoundary Gets $25 Million For Solar Power Mini-Grids Expansion In Africa Updated On Fri, Jun 17th, 2022 by Saurenergy Kenya based CrossBoundary Energy Access (CBEA) has announced that it has raised $25 million funding from different investors – ARCH Emerging Markets Partners Limited, Bank of America, and Microsoft Climate Innovation Fund. The new investment will also garner an additional $25 million in senior debt for the deployment of $50 million of capital that will […] Read more
ReNew Analyst Call Highlights- Module Mfg Hiked To 6 GW, Corporate PPA Market, More Backward Integration Updated On Thu, Jun 16th, 2022 by Saurenergy Nasdaq listed ReNew Energy Global (ReNew Power), which announced its Q4 results for FY 22 yesterday (June 15), hosted its analyst call later in the evening. We bring you some of the key highlights from the call, where Founder, Chairman and CEO Sumant Sinha Spoke, along with new CFO Kedar Upadhye, Chief Sustainability Officer Vaishali […] Read more
GE Finance takes 49% Stake In Continuum Wind Energy Project In Gujarat Updated On Thu, Jun 16th, 2022 by Saurenergy General Electric has declared that it has acquired a 49% stake in the Morjar wind energy project in Gujarat. The official statement says that GE Energy Financial Services and Continuum Green Energy (India) closed the financial deal of GE Energy Financial Services’ acquisition in the Continuum’s developed wind project. Morjar is an onshore wind energy […] Read more
Euler Motors Partners Magenta for 1000 HiLoad Electric Vehicle deployment Updated On Thu, Jun 16th, 2022 by Saurenergy Euler Motors, has announced it has tied up with Magenta for the deployment of 1000 HiLoad electric vehicles – the electric 3-wheeler cargo vehicles. Euler is an electric vehicle company and Magenta is an integrated clean energy and electric mobility solutions provider. In the partnership, Magenta will deploy Euler electric vehicles first in Bangalore and then to […] Read more
Atlas Acquires Its First Wind Power Project Updated On Wed, Jun 15th, 2022 by Saurenergy International renewable energy producer, Atlas Renewable Energy, has declared that it has acquired a wind project in the Brazilian state of Minas Gerais from the French energy producer and supplier Voltalia. The statement released by Atlas Renewable said that the project, named Juramento, will have a generation capacity of 378 MW. It will be composed […] Read more
Total Energies Joins Adani Enterprises To Build ‘Largest Green Hydrogen Ecosystem’ Updated On Tue, Jun 14th, 2022 by Saurenergy Adani, India’s fastest-growing diversified business portfolio, and energy supermajor TotalEnergies of France, have entered into a new partnership to jointly create the world’s largest green hydrogen ecosystem. In this strategic alliance, TotalEnergies will acquire 25% minority interest in Adani New Industries Ltd (ANIL) from Adani Enterprises Ltd (AEL). Adani Enterprises is effectively the incubation arm […] Read more