ISA Fills The Gaps, With US as 101st Member, Tie-Up With Nordic Countries For Funding Updated On Thu, Nov 11th, 2021 by Saurenergy The International Solar Alliance (ISA) has seen hectic activity at Glasgow, during the COP 26 summit. The latest announcements from the largest multilateral organisation in recent years is the induction of the United States as a member country, the 101st to do so. John Kerry U.S. Special Presidential Envoy for Climate announced at the UNFCCC […] Read more
CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure Updated On Thu, Aug 12th, 2021 by Saurenergy Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […] Read more
Manager – Finance & Accounts Updated On Mon, Aug 9th, 2021 by Saurenergy This position is responsible for accounts, finance and commercial functions including taxation matters for Agri Trading business Responsibilities:- Accountable for preparation of books and accounts and Monthly and Periodical Financial MIS. Scrutinity of trial balance, Monthly provision, and schedule preparation. Compile and record the sales turnover / revenue statement. Company revenue, working capital, expenditure and […] Read more
OMERS Infrastructure to Pay $219 M for 19.4% Stake in Azure Power Updated On Mon, Aug 2nd, 2021 by Saurenergy Canada-based OMERS Infrastructure recently announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power Global Limited, for a total consideration of approximately US$219 million. Founded in 2008, Azure Power is a leading independent renewable power producer located […] Read more
From the Middle East To the US, Philadelphia Solar plans a 1 GW Foray Updated On Fri, Jul 16th, 2021 by Saurenergy Amman, Jordan-based Philadelphia Solar has confirmed plans to build 1 GW manufacturing facility in the U.S. the announcement is a rare case of a middle-east manufacturer setting up a plant in the US market. Philadelphia Solar manufactures mounting structures too, besides solar panels using automated robotic production lines, at its existing facilities in Jordan. For […] Read more
Trina’s Vertex Modules Powering 60MW Floating Solar System in Singapore Updated On Wed, Jul 7th, 2021 by Saurenergy Chinese solar panel manufacturer Trina Solar has today announced that it’s 12,556 Trina Solar 210 Vertex dual-glass modules are powering a 60 MW floating solar PV system on Singapore’s Tengeh Reservoir. The project has recently been connected to the grid and is fully commercially operational now. The project, the largest floating solar PV system in […] Read more
MDPs Committed Climate Finance Worth $66 B in 2020: Joint Report Updated On Fri, Jul 2nd, 2021 by Saurenergy According to the recently published 2020 Joint Report on Multilateral Development Banks’ Climate Finance, climate finance committed by major multilateral development banks (MDBs) rose to a total of $66 billion last year from $61.6 billion in 2019, of which, 58%—or $38 billion—was committed to low- and middle-income economies. The total climate cofinance committed during 2020 […] Read more
EXIM Bank Extends $40 M to Togo to Power 350 Villages with Solar PV Updated On Wed, Jun 30th, 2021 by Saurenergy Export-Import Bank of India has, on behalf of the Government of India, extended a Line of Credit (LOC) of USD 40 million to the Government of Togo for the purpose of the electrification of 350 villages in Togo through solar photovoltaic systems. India has been on a major outreach among developing countries ever since it […] Read more
Ikea & Rockefeller Foundation Collaborates for $1 Billion RE Investment Updated On Mon, Jun 21st, 2021 by Saurenergy Two big foundations, Ikea and Rockefeller have come together to set up a USD 1 billion global platform to fight climate change and energy poverty. The platform launching this year is aiming to reduce 1 billion tons of greenhouse gas emissions and to empower 1 billion people with distributed renewable energy (DRE). The Rockefeller Foundation is focused […] Read more
