Will Europe’s Mega Solar Manufacturing Plans Deliver On Promise? Updated On Tue, Apr 4th, 2023 by Saurenergy In a recent move that is helping Europe’s solar manufacturing industry gather momentum in an unprecedented way, the European Commission has announced state finance for clean tech manufacturing. This is to be achieved by way of the Green Deal Industrial Plan (GDIP) for European Union. The GDIP will speed up projects by easing up the […] Read more
South Pole And Oorja To Use New D-RECs For India’s Diesel Problem Updated On Mon, Apr 3rd, 2023 by Saurenergy The D-REC Initiative, a new not-for-profit platform to deliver internationally recognised guarantees of origin from distributed renewable energy, has announced that its new market mechanism and technology has been adopted by farming-as-a-service company, Oorja Development Solutions, and climate advisory and finance business, South Pole, to support last-mile communities in India transition to renewable energy. Approximately […] Read more
Grenergy, Amazon Ink PPA For 469 MWp Solar Energy in Spain Updated On Mon, Apr 3rd, 2023 by Saurenergy Giving a push to decarbonize its entire business, global ecommerce and cloud giant Amazon has stated that it has signed a new power purchase agreement in Spain for the purchase of renewable energy. The long term PPA has been linked with renewables energy developer Grenergy Renovables SL for 469 MWp of solar energy in Spain. […] Read more
Solar & Waste To Energy Specialist Sukhbir Agro Completes Rs 1,325 Crore Bond Issue Updated On Mon, Apr 3rd, 2023 by Saurenergy Renewable energy company Sukhbir Agro Enterprises Limuted (SAEL) has announced that it has secured Rs 1,325 crore by the way of issuance of bonds. SAEL has received the funds as long term financing which is denominated in rupees. The AA rated bonds are slated to mature a decade after in 2033. SAEL said in its […] Read more
GIG, Shell Energy To Deliver 200MW Australian Energy Storage System Updated On Fri, Mar 31st, 2023 by Saurenergy Green Investment Group (GIG) and Shell Energy Operations (Shell Energy) have partnered to deliver a utility-scale battery energy storage system (BESS) in Cranbourne, Victoria. GIG belongs to Macquarie Asset Management. GIG said that once fully operational, the 200MW / 400MWh Rangebank BESS will have the storage capacity to power the equivalent of 80,000 homes across […] Read more
Energy Transition and Clean Energy Investment in India Report – 10 Key Takeaways Updated On Thu, Mar 30th, 2023 by Saurenergy Several factors effect the green energy transition, such as the developmental aspect. However, the transition is becoming a reality. India’s largest Investment Banking franchise Avendus, in its latest report, Energy Transition and Clean Energy Investment in India, gives a picture of business segments emerging across the green economy value chain. The report also gives an […] Read more
Brookfield, EIG Consortium Ink Pact to Acquire Origin Energy for A$18.7bn Updated On Wed, Mar 29th, 2023 by Saurenergy A consortium comprised of Brookfield Renewable Partners, together with institutional investors GIC and Temasek, and MidOcean Energy of leading investor EIG will be acquiring 100% shares of Origin Energy Limited. The parities have signed a Scheme Implementation Deed. Origin Energy is Australia’s largest integrated power generator and energy retailer. The Scheme values Origin at an […] Read more
ReNew Repays Over $1 Billion to Offshore Bondholders in FY 2023 Updated On Wed, Mar 29th, 2023 by Saurenergy Gurugram-based clean energy firm ReNew Energy Global Plc has revealed that it has repaid more than $1 billion to its offshore bondholders in FY 2023. The repaid amount entails the most recent amortisation of $180 million in March 2023. “In today’s fast-paced global business environment, firms must be very strategic in financing for the growth […] Read more
Avendus Capital Places India’s Renewable Investment Opportunity At $25 Billion Per Annum Updated On Wed, Mar 29th, 2023 by Saurenergy Avendus Capital, India’s largest Investment Banking franchise, has released a new research report on energy transition and clean energy investment in India, in collaboration with Clean Energy Pipeline, an independent research firm based in the UK. According to the study, the Indian energy transition landscape is expected to undergo a sea change over this decade […] Read more
