Solis Consolidates Position As No. 3 Inverter Major Worldwide Updated On Tue, Jul 11th, 2023 by Saurenergy Ningbo, China based inverter major Ginlong(Solis) Technologies (the company), which broke into the top 3 ranking of inverter sellers last year, has consolidated its position further during the year, maintaining its ranking for a second consecutive year. For Solis, as it is called outside China, the ascent to no. 3 has been marked with a […] Read more
Amp Energy India Chalks Out New Identity as Ampin Energy Transition Private Limited Updated On Mon, Jul 10th, 2023 by Saurenergy Amp Energy India, an energy transition platform and Renewable Energy IPP with a total portfolio of over 3 GW spread across 17 states in the country, has announced its rebranding as Ampin Energy Transition Private Limited. The firm says that the new identity reflects the firm’s commitment to accelerating the transition to renewable energy sources […] Read more
Danish Renewable Energy Fund CIP Secures EUR 5.6 Billion Updated On Mon, Jul 10th, 2023 by Saurenergy Copenhagen Infrastructure Partners (CIP) successfully secured EUR 5.6 billion in capital commitments for their fifth flagship fund, Copenhagen Infrastructure V (CI V), on June 30, 2023. This achievement sets them on course to achieve their goal of raising a fund size of EUR 12 billion (about 13 billion USD), possibly making CI V the world’s […] Read more
Serentica Renewables Enters into 1,500 MWhr Energy Storage Contract with Greenko Updated On Mon, Jul 10th, 2023 by Saurenergy Serentica Renewables, a C&I focused renewable energy developer in India, has announced that it has signed a first-of-its-kind standalone energy storage capacity offtake contract with global energy storage developer, Greenko Group. As part of this contract, Serentica will leverage Greenko’s unique energy storage capabilities to utilise a cumulative 1,500 MWhr capacity from its upcoming energy […] Read more
India Starts Anti-Dumping Probe on Aluminum Solar Frames Imported from China Updated On Thu, Jul 6th, 2023 by Saurenergy India’s Ministry of Commerce and Industry, months after it put an end to the anti-dumping investigation into solar cells from China, Thailand and Vietnam in December 2022 seems set to start a fresh investigation. This time on the import of aluminium frames for solar modules. The anti-dumping investigation will look into aluminum frames for solar […] Read more
RK Singh Criticises Selected Countries For Putting Trade Barriers Updated On Thu, Jul 6th, 2023 by Saurenergy Union Minister For New and Renewable Energy RK Singh has now targeted several countries which allegedly created trade barriers through several means to halt the growth of renewable energy. He said that such interventions often halted the global ambitions of countries to go net-zero. He also said that India too could put similar barriers. He, […] Read more
Battery Smart Raises $33 Million In Pre-Series B Funding Updated On Thu, Jul 6th, 2023 by Saurenergy EV Battery swapping network builder Battery Smart has announced a $33 million fund raise in its Pre-Series B funding. The firm plans to use the funds to expand its geographic footprint and acquire more users. The latest funding round saw Battery Smart’s existing investors, Tiger Global and Blume Ventures, as well as new investors participate. […] Read more
Duke Energy To Offload Commercial Distributed Generation Biz to ArcLight In $364 million Deal Updated On Thu, Jul 6th, 2023 by Saurenergy Duke Energy has announced an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC , a leading middle market infrastructure investor, for an enterprise value of $364 million, inclusive of non-controlling tax equity interests. Duke Energy expects approximately $259 million of proceeds from this transaction, which is subject to certain […] Read more
African Development Bank’s SEFA Provides $7.88 Million Grant for AETC Programme Updated On Thu, Jul 6th, 2023 by Saurenergy The African Development Bank Group’s Board of Directors has approved a $7.88 million grant from the Sustainable Energy Fund for Africa (SEFA) for the Africa Energy Transition Catalyst Programme, which aims to increase renewable energy generation across the continent. The AETC Programme The Africa Energy Transition Catalyst Programme, also known as AETC, is a program […] Read more
