KKR to Invest $400 Million in Sterlite Backed Serentica Renewables Updated On Tue, Nov 8th, 2022 by Saurenergy Kohlberg Kravis Roberts (KKR), a leading global investment firm, and Gurugram-based Serentica Renewables, a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, have announced the signing of definitive agreements. Under the agreements, KKR will invest $400 million in the company. Standard Chartered Bank acted […] Read more
Iberdrola, AXA IM Alts Partner for 1-GW Normandy Wind Auction Updated On Tue, Nov 8th, 2022 by Saurenergy Spanish multinational electric utility company Iberdrola is trying to make the most out of the French renewable expansion. In a fresh bid, Iberdrola has signed a Memorandum of Understanding (MoU) with global investment specialist AXA IM Alts for possible collaboration for upcoming projects in the offshore wind energy sector in France. Iberdrola is a participant […] Read more
Former Tesla Policy Director, India Joins E-Scooter Startup Ather Energy Updated On Mon, Nov 7th, 2022 by Saurenergy Bengaluru-headquartered electric scooters’manufacturer, Ather Energy recently announced that it has hired the former head of Tesla Inc.’s India policy division. Manuj Khurana left his position as Tesla’s Regional Head of Policy and Business Development in June 2022 and will begin working at Ather Energy the following week as Vice President. In March 2021, Khurana began […] Read more
Energy Transition Lead Updated On Fri, Nov 4th, 2022 by Saurenergy The role is expected to include a significant level of project services including studies, project and programme management, concept design, FEED, detailed engineering design and asset management. The remit will include cross sector projects as well as those solely within the energy sector, noting that Hydrogen and CCUS offers a clear route to achieving net-zero […] Read more
Principal Engineer – Structural Updated On Fri, Nov 4th, 2022 by Saurenergy Develop safe and efficient structural solutions, and undertake design analysis and preparation of calculations; Manage CAD and Revit technicians, for the delivery of all project work; Ensure checking of all design output and coordination (Interface) between other disciplines; Develop designs and meet delivery as per agreed program; Ensure all design work is carried out in […] Read more
ACWA to Develop Wind Projects of 1.1 GW in Egypt Updated On Fri, Nov 4th, 2022 by Saurenergy ACWA Power has said that it has signed an agreement to develop a 1.1GW wind project in Egypt. The official statement mentions that the wind project will come up with an investment value of $1.5 billion. The signing ceremony of the agreement took place at the headquarters of the Egyptian General Authority for Investment and […] Read more
European Energy’s Arm EE North America to Build 2 GW Solar Project in Arizona Updated On Fri, Nov 4th, 2022 by Saurenergy EE North America, renewable energy developer and arm of global energy player European Energy, has said that it has partnered with Elio Energy to develop a pipeline of 2 GW of solar power generation and energy storage in Arizona and surrounding states. The official statement of EE North America held that the solar and storage […] Read more
Yulu Signs MoU With Government of Karnataka to Invest 1200 Cr to Deploy 1 Lakh EVs Updated On Fri, Nov 4th, 2022 by Saurenergy The government of Karnataka and Bengaluru’s electric mobility startup Yulu have struck an agreement for the company to spend Rs. 1200 crore in the state. According to the agreement, over the next five years, Yulu will deploy a fleet of 1 lakh electric vehicles and operationalize the state’s largest EV battery charging and swapping infrastructure. […] Read more
SolarSquare Secures 100 Cr Series A Funding by Elevation Capital and Lowercarbon Updated On Thu, Nov 3rd, 2022 by Saurenergy Mumbai-based solar installation and financing start-up, SolarSquare has announced recently that it has raised Rs 100 crore in a Series A round majorly sponsored by Elevation Capital and Lowercarbon, Chris Sacca’s multibillion-dollar fund for climate-tech companies. Existing investors Good Capital, Rainmatter, and Better Capital, as well as angel investors like Vidit Atrey and Sanjeev Barnwal […] Read more
