Exus Purchases 1GW Solar Power Project In Brazil Updated On Wed, Aug 10th, 2022 by Saurenergy Exus Brasil Investimentos – known for making investments in green projects – will be acquiring a solar power project complex worth 1 GW in Brazil from Decal Renewables and Upside Value. The solar portfolio actually consists of 20 different solar projects in Piauí. The transaction will take place through acquisition of shares of Riacho da […] Read more
GPIL Announces Commissioning Of 70 MWp Solar Plant In Chhattisgarh Updated On Wed, Aug 10th, 2022 by Saurenergy In one of the key developments in the solar power sector, Godawari Power and Ispat Limited (GPIL) has announced that its 70 MWp (megawatt-peak) captive solar photovoltaic power plant at Rajnandgaon, Chhattisgarh is now commercially operational. The information has come through a regulatory filing by GPIL. “70 MWP Captive Solar PV Power plant of the […] Read more
Assam To Invest Rs 10,000cr For 2000 MW Solar Power Updated On Wed, Aug 10th, 2022 by Saurenergy The Assam government has decided to produce 2,000 MW of solar power with an investment of Rs 10,000 crore. Chief Minister Himanta Biswa Sarma has said that the capacity will be added in the next three years. Assam wants to add 2000MW solar through two projects. The state will form a joint venture with centre-owned NLC India. It […] Read more
Stung By Gas Volatility, GAIL Plans Bigger Clean Energy Footprint Updated On Wed, Aug 10th, 2022 by Saurenergy Gas major GAIL (Gas Authority of India Limited), which owns the largest gas pipeline network in India besides a presence across the gas value chain, especially the distribution side of it, is quietly adding a larger clean energy component to its future plans. After announcing it’s strong Q1 results for FY 23, the company, which […] Read more
Bangladesh’s IDCOL Raises €80 Million From Germany’s Bank For RE Program Updated On Wed, Aug 10th, 2022 by Saurenergy Infrastructure Development Co. (IDCOL), a Bangladeshi state infrastructure investor, has received a loan of €80 million ($81.4 million) from Germany’s KfW Development Bank to assist enterprises in installing solar plants and solar irrigation pumps. The KfW will sponsor the “Renewable Energy Programme II” project. The interest rate and other terms and conditions are currently being […] Read more
Shell Completes Acquisition Of Renewables Platform Sprng Energy Group Updated On Tue, Aug 9th, 2022 by Saurenergy Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), has completed 100% acquisition of Solenergi Power Private Limited and along with it, the Sprng Energy Group of Companies from Actis Solenergi Limited (Actis)- a leading global investor in sustainable infrastructure Sprng Energy, set up in 2017 by Actis, is a renewable energy […] Read more
Capital A Invests In Oorja For Safe EVs In India Updated On Tue, Aug 9th, 2022 by Saurenergy In a bid to catalyze the Indian electric vehicle (EV) industry, Capital A, a venture seed fund for early-stage start-ups has made a strategic investment in Oorja, which strives to empower automotive companies to design better batteries. The fund will be made available from “Evolve”, a $10-million cleantech fund that Capital A had launched earlier […] Read more
Skyline Clean Energy Fund Acquires Biogas Facility in Canada Updated On Tue, Aug 9th, 2022 by Saurenergy Skyline Clean Energy Fund (SCEF), an Ontario-based investment fund firm for renewable and clean energy production, has purchased a Lethbridge-based biogas factory. Skyline Clean Energy Fund has purchased all the shares in Lethbridge Biogas General Partner Inc. and the units in Lethbridge Biogas LP. 120,000 tonnes of organic waste can be converted into renewable natural […] Read more
The Politics Of Statism Over The Electricity Amendment Bill Needs To Stop Updated On Tue, Aug 9th, 2022 by Saurenergy The passage of the Electricity Amendment Bill 2022 in the Lok Sabha has been met with widespread resistance, within and outside parliament, with many politicians and former bureaucrats declaring it ‘dangerous’, ‘an assault on state rights’ and much more. For now, it is the Delhi State Government which seems to be leading in its brickbats, […] Read more
