Voltalia Achieves Full Commissioning of Solar Cluster of 50.6 MW Capacity Updated On Tue, Aug 29th, 2023 by Saurenergy Renewable energy player, Voltalia, has successfully commissioned Garrido, the Portuguese cluster that entails five solar plants boasting 50.6 MW cumulatively. Construction for these projects began back in September 2021, advancing towards full capacity since March 2023. Power generation first kicked off at Vale Serrão (2.4 MW), Pinhal Novo (11.8 MW), and Alcochete (23.8 MW). The […] Read more
Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr Updated On Fri, Aug 11th, 2023 by Saurenergy Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021. Speaking about this development, Anders Blom, Vice President at Norfund […] Read more
Nuru Gets $40 Million For Delivering Solar In Power Starved DRC Updated On Tue, Jul 4th, 2023 by Saurenergy Nuru, one of Africa’s pioneering renewable energy-powered metrogrid companies, has announced the successful close of over $40m in Series B equity funding and anticipates the close of an additional $28m in project finance by the end of the month. The funds will enable Nuru to commence construction on 13.7 MWp of projects, expanding its existing […] Read more
Omnivore Seals First Close of Third Fund at $150 Million Updated On Wed, Jun 28th, 2023 by Saurenergy Impact venture capital firm Omnivore has announced the first close of its third fund at $150 million. First close investors include KfW, the Self Reliant India (SRI) Fund, FMO, SIFEM, the International Finance Corporation (IFC) with support from the Bill & Melinda Gates Foundation Inclusive Agritech Facility, Louis Dreyfus Company Ventures, the Dutch Good Growth […] Read more
Quality Manager (OGC) Updated On Mon, Jun 19th, 2023 by Saurenergy Roles & Responsibilities:- Quality Control/Quality Assurance & Continuous Improvement: Establish and enforce quality control protocols and procedures to stimulate consistent quality improvement across all functions. Verify compliance requirements with existing procedures. Direct end-to-end implementation of quality controls and review mechanisms. Proactively flag risks and offer recommendations on how to resolve them Advocate for minimizing rework […] Read more
Mahendra Lodha Joins PTC as Director (Finance) & CFO Updated On Thu, Jun 15th, 2023 by Saurenergy PTC India Financial Services Limited (PFS), a financial institution in sustainable green infrastructure finance, has announced the joining of Mahendra Lodha as Director (Finance) and CFO of the company. Lodha brings to the table a experience and expertise in finance and investment management, which will further strengthen PFS’s financial strategies and operations. As Director (Finance) […] Read more
Suzlon Q4 FY23: Positive Net Worth After a Decade at INR 1,099 cr, 80% YoY Slide in Current Net Debt Updated On Wed, May 31st, 2023 by Saurenergy Renewable energy solutions provider Suzlon has released its fourth quarter (Q4 FY23) and annual audited results for financial year 2022‐23 (FY23). The firm has reported its revenue at INR 5,947 crores for FY23. For Q4 FY23, the number has been pegged at INR 1,690 crores. As for its EBITDA margins, it stands at 14% with […] Read more
Anirban Das to Step into Chief Investment Officer Role at Vibrant Energy Updated On Thu, Apr 27th, 2023 by Saurenergy Vibrant Energy, a green energy solution provider to commercial and industrial customers, has announced the appointment of Anirban Das as the Chief Investment Officer (CIO) of the firm. In this role, Anirban will work closely with Srinivasan Viswanathan, CEO, leading all fund raising and investment activities across the capital stack for Vibrant, the company said […] Read more
EBRD Lends €29 Million For Albania’s 140MW Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has said that its lending €29 million to an Albanian special-purpose vehicle, owned by France’s Voltalia, to develop the 140 MW Karavasta solar plant. This solar power plant will come up in the Fier area of south-western Albania. The EBRD is anchoring the €99 million financing structure […] Read more
