Israel’s Econergy to Build 800MW Storage, 900MW Solar Capacity in UK Updated On Fri, Jan 14th, 2022 by Saurenergy Renewables investor Econergy Renewable Energy said on Thursday it plans to develop a portfolio of 800 megawatts (MW) of renewable energy storage and 900 MW of solar photovoltaic (PV) capacity in Britain over the next three years. The firm said it plans to develop 350 MW of energy storage capacity for operation in 2023, 300 […] Read more
Italian Oil Giant Eni Buys 800 MW Solar Portfolio in Greece Updated On Fri, Jan 14th, 2022 by Saurenergy Italian energy group Eni, through Eni gas e luce, has acquired the Greek company Solar Konzept Greece for an undisclosed amount as part of its plans to shift away from oil and gas. Solar Konzept Greece previously belonged to Solar Konzept International, which is majority owned by Aquila Capital, a sustainable investment and asset development company, […] Read more
Reliance Announces Rs 5.955 lakh Crore Renewable Energy Plans For Gujarat Updated On Thu, Jan 13th, 2022 by Saurenergy Reliance Industries Limited (RIL), the $73.8 billion conglomerate with profits over $10.9 billion in 2021 has announced a massive plan to invest in its key manufacturing base and state, Gujarat. In a stock exchange filing today (Jan 13), the firm confirmed an MoU signed at the Vibrant Gujarat Summit 2022 with the Government of Gujarat, […] Read more
GIP Invests $500 M in BrightNight’s Innovative RE Solutions Updated On Thu, Jan 13th, 2022 by Saurenergy Global Infrastructure Partners (GIP), together with its co-investors, announced that it has closed on a $500 million investment in renewable independent power producer (IPP) BrightNight. BrightNight aims to provide next generation power solutions by combining multiple renewable energy technologies and thereby enabling its customers to accomplish deeper decarbonization of their generation portfolio. The company’s development […] Read more
Ubiquitous Energy Raises $30 M to Push Transparent Solar Window Tech Updated On Thu, Jan 13th, 2022 by Saurenergy Ubiquitous Energy, which makes transparent photovoltaic glass coating that harnesses solar power to generate energy, all while remaining visibly indistinguishable from traditional windows, closed a $30 million Series B funding round late last year. Including this Series B round, a total of $70 million of funding has been raised by the company to date to […] Read more
Green Tech Firm Hydrostor Bags $250 M Invt from Goldman Sachs Updated On Thu, Jan 13th, 2022 by Saurenergy Canadian long-duration energy storage solution provider Hydrostor has secured a financing commitment of US$250 million from Goldman Sachs Asset Management’s private equity and sustainable investing businesses, an official statement said. The investment proceeds will be used to support the development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage (A-CAES) projects in […] Read more
Mumbai-based Artha Energy Launches RE Invt Platform Updated On Thu, Jan 13th, 2022 by Saurenergy Mumbai-based Artha Energy Resources on Wednesday announced the launch of RenewShare, a renewable energy investment platform, that enables fractional ownership of renewable energy (RE) assets in the country. Launched as an autonomous investment platform, RenewShare caters to investors interested in diversifying their existing portfolio while being a part of the fast-growing RE landscape in India, […] Read more
PGCIL Inks Pact with Africa50 for Kenya Transmission Project Updated On Thu, Jan 13th, 2022 by Saurenergy State-owned Power Grid Corporation of India Ltd (PGCIL) has inked a pact with pan-African infrastructure investment platform Africa50 to continue the development of the Kenya Transmission Project on a public-private partnership basis. According to a statement by the power ministry, the project entails the development, financing, construction, and operation of the 400kV Lessos-Loosuk and 220kV […] Read more
NextEnergy Capital Divests its 149MW Italian Solar Portfolio Updated On Wed, Jan 12th, 2022 by Saurenergy London-based solar investor NextEnergy Capital has announced the sale of the entire portfolio of operating solar projects owned by NextPower II (Fund) in Italy. The Fund’s portfolio comprises 105 individual solar plants for a total installed capacity of 149 MW. Its plants are located across Italy, in regions including Piedmont, Lombardy, Veneto, Tuscany, Puglia, Sardinia, […] Read more
