Acquisitions in India’s RE sector Up Over 300% in Value terms in 2021 Updated On Wed, Dec 15th, 2021 by Saurenergy The total value of acquisitions in India’s renewable energy sector surged by more than 300% to $ 6 billion in the first ten months of 2021 (till October) from less than $1.5 billion reported in 2020, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF) and the International Energy […] Read more
E-mobility Tech Platform MoEVing Raises $5 M in Seed Capital Updated On Wed, Dec 15th, 2021 by Saurenergy Indian e-mobility technology platform MoEVing has announced its total seed funding of USD 5 million, including USD 1 million raised earlier this year, from entrepreneurs, private equity and investment banking professionals and automotive industry experts. The investors in the latest round include D.S. Brar, Promoter-Chairman, Aragen Life Sciences; Anshuman Maheshwary, COO, IIFL Wealth and Asset […] Read more
Global Installed Wind Power Capacity to Grow at 9% Annually till 2030 Updated On Wed, Dec 15th, 2021 by Saurenergy Global wind power capacity is expected to grow at a cumulative annualised growth rate (CAGR) of 9% between 2021 and 2030, according to a new report by Wood Mackenzie, a Verisk business. By the end of the decade, cumulative global wind power capacity is projected to hit over 1,756 gigawatts (GW). Wood Mackenzie’s Q4 forecast […] Read more
MPC Energy Solutions Joins Leclanché For Battery Project In Caribbean Updated On Wed, Dec 15th, 2021 by Saurenergy Netherlands based MPC Energy Solutions (MPCES) has partnered with Leclanché, the Swiss maker of energy storage solutions to build the previously announced 35.7 MWp solar photovoltaic (PV) and 18.2 MW battery energy storage system (BESS) project designed with Leclanché Energy Management Software (L-EMS) in St. Kitts’ Basseterre Valley, next to the capital city of Basseterre. The project requires about US$ […] Read more
OEMs Need To Focus More On Better Financing Options For EVs. Updated On Tue, Dec 14th, 2021 by Saurenergy Etrio, an EV player, aims to be an affordable and accessible electric form of mobility for everyone. With over 30+ partnerships with leading e-commerce and logistics players the EV company is hoping to play a key role in the burgeoning EV segment in India by bringing a wide range of quality electric vehicles. Deepak MV, […] Read more
Neoen Doubles Australian Battery Size, Citing ‘Market Opportunities’ Updated On Tue, Dec 14th, 2021 by Saurenergy French developer Neoen, the firm behind the original ‘big battery’ at Hornsdale Power reserve where is used Tesla batteries, has just expanded its bet on Australia. The firm has announced the doubling of its newest big battery production to 100MW/200MWh in the Australian Capital Territory (ACT). Neoen has emerged as a major storage player on […] Read more
Singapore’s Keppel Corp to Buy Majority Stake in Shell-backed Cleantech Updated On Tue, Dec 14th, 2021 by Saurenergy Cleantech Solar, a Singapore-headquartered renewable energy to corporates, announced today that a consortium of Keppel Corporation Limited (Keppel), Keppel Asia Infrastructure Fund LP (KAIF) and a co-investor of KAIF, through Cloud Alpha Pte Ltd, is acquiring a 51% equity interest in Cleantech Renewable Assets Pte. Ltd. from Cleantech Energy Corporation Pte. Ltd. The remaining 49% […] Read more
Serbia to Develop 11.3 GW of Solar and Wind Power Projects Updated On Tue, Dec 14th, 2021 by Saurenergy Serbia has released its draft program of economic reforms for the period 2022-2024, which envisages the implementation of state projects for the construction of wind farms with a capacity of 3,000 megawatts (MW) and solar power plants with a capacity of 8,300 MW. Serbia drafts the economic reforms program every year as a candidate country […] Read more
AGEL Signs 4667 MW PPA, Manufacturing Linked Project Moves Into High Gear Updated On Tue, Dec 14th, 2021 by Saurenergy Adani Green Energy Ltd (AGEL), the renewable energy arm of the diversified Adani Group, has signed an agreement with the Solar Energy Corporation of India (SECI) to supply 4,667 MW of green power. The firm claims this is the world’s largest ever green power purchase agreement. It also marks decisive movement on the 8000 MW […] Read more
