Pivot Energy Secures $200 Million For 100 MW Distributed Solar Updated On Tue, May 9th, 2023 by Saurenergy American solar power and energy storage developer Pivot Energy has closed a $203 million financing facility to support a multi-state portfolio of distributed generation solar projects. Pivot Energy said that Silicon Valley Bank (SVB) and Foss & Company will make the initial tax equity investment. The 100 MWdc portfolio comprises 35 community solar and C&I […] Read more
Gurugram-based EV Logistics Firm Zyngo Raises $5 Million Funding Updated On Tue, May 9th, 2023 by Saurenergy Zyngo EV Mobility Private Ltd, a Gurugram-based tech-enabled third-party logistics service provider, has now raised USD five million in a ‘pre-series A’ funding led by Delta Corp Holdings (Delta Corp). It was in addition to the participation from existing investors like LC Nueva Investment Partners LLP. The company said these funds would be used to […] Read more
RPC Raises EUR 200 Million for Three Finnish Wind Farms Totaling 171 MW Updated On Fri, May 5th, 2023 by Saurenergy UK-based Renewable Power Capital (RPC) has announced the closing of a refinancing package of almost EUR 200 million covering Finaland’s three onshore wind energy farms in Rustari, Puutikankangas, and Merkkikallio. The wind farms are all operational and have a combined installed capacity of 171 MW. In March, RPC announced that it had taken over the […] Read more
Renewable Startups Now Have Better Funding Avenues: Abhishek Pillai, Solar Ladder Updated On Thu, May 4th, 2023 by Saurenergy Abhishek Pillai is one of the three co-founders who started Solar Ladder, a supply chain startup, four years ago. The three co-founders laid the firm’s foundation around the end of their London School of Economics course. The firm has around 250+ solar EPC (Engineering, Procurement, and Construction) installers on board four years later. It also […] Read more
KKR Purchases $550 Million Loan Of SunPower Updated On Thu, May 4th, 2023 by Saurenergy North American residential solar technology and energy services provider SunPower and global investment firm KKR have signed a definitive agreement under which credit funds and accounts managed by KKR will commit to purchasing $550 million of solar energy loans made to SunPower customers. This transaction is expected to support SunPower Financial’s continued ability to offer […] Read more
BayWa r.e. Raises $115 Million Afresh For Solar+Storage Projects Updated On Wed, May 3rd, 2023 by Saurenergy North American solar developer BayWa r.e. has secured a $115-million credit facility with global financial services firm Nomura to support the development of utility-scale solar and solar+storage projects in the United States. BayWa r.e. said that the credit facility will initially support projects totaling 1.1 GW of solar and 188 MWh of battery storage in […] Read more
Gothenburg Port Authority Claims Stake in 1 GW Swedish Offshore Wind Project Updated On Tue, May 2nd, 2023 by Saurenergy Gothenburg Port Authority has bought a minority share in the Swedish offshore wind farm of 1 GW (unbuilt) by Eolus, a wind power developer in the Nordics. The said offshore wind farm, which boasts of an installed capacity worth 1,000 MW in Sweden, will have the potential to produce 4-4.5 TWh of renewable electricity every […] Read more
Lohum & ACKO Forge Partnership to Recycle & Reuse Batteries to Aid EV Adoption Updated On Tue, May 2nd, 2023 by Saurenergy Lohum, a producer of sustainable energy transition materials, and ACKO, a tech-first insurer, have joined hands in partnership to recycle and reuse batteries that will lead to faster adoption of electric vehicles in India. As per the firms, this is the first time for an association for EV battery insurance in the country to include […] Read more
IPP Conrad Energy & BNP Paribas Join Hands for English Solar Farm Updated On Fri, Apr 28th, 2023 by Saurenergy UK’s Independent Power Producer (IPP) Conrad Energy has entered into an agreement with BNP Paribas for a period of 15 years. The Power Purchase Agreement (PPA) will pave the way for renewable energy to be supplied from Conrad Energy’s newly set up solar farm in Herefordshire, England. The Larport Solar Farm is slated to deliver […] Read more
