Renewable Enterprise Software Firm Pexapark Raises €6m Funding Updated On Mon, Jun 22nd, 2020 by Saurenergy Zurich, Switzerland based Pexapark has raised €6m in its second funding round. The firm was started up in 2017 by Michael Waldner, Luca Pedretti and Florian Müller, BayWa r.e. Energy Ventures, Encavis, and RP Global are the investors that have invested to back Pexapark’s software and advisory services that help manage financial risk in the […] Read more
With Focus On Chinese Imports, Familiar Tussle Returns For Solar Sector Updated On Mon, Jun 22nd, 2020 by Saurenergy Imports in the solar sector, where Chinese origin equipment is said to account for anything between 78 percent to 85 percent of equipment used, are back in focus. Reports quoting sources say that the government has sought product-wise details of cheap imports, comparison with domestic prices and tax disadvantage, if any, from industry to curb […] Read more
Highview Power Gets £10 Mn Grant From UK Govt for 50 MW CRYOBattery Updated On Fri, Jun 19th, 2020 by Saurenergy Highview Power has been awarded a GBP 10 million grant from the UK Department for BEIS for a 50 MW cryogenic energy storage (CRYOBattery) facility. Highview Power, a global leader in long-duration energy storage solutions, has announced that it has been awarded a GBP 10 million grant from the UK Department for Business, Energy & […] Read more
Dark Clouds Gathering Over C&I Segment, Says ICRA Updated On Fri, Jun 19th, 2020 by Saurenergy In a report carried by wire agencies, ICRA’s (Formerly Investment Information and Credit Rating Agency of India) sector head and VP Girishkumar Kadam has been quoted as saying that renewable energy developers, based on third party or group captive off-take remain exposed to regulatory risk. The segment, called the C&I or commercial and industrial segment […] Read more
Greenbacker Acquires Energy Storage System Portfolio From Stem Updated On Thu, Jun 18th, 2020 by Saurenergy Greenbacker Renewable Energy has purchased the rights to a 7.9MW /16.5MWh portfolio of 16 operating and to-be-constructed energy storage systems from Stem Greenbacker Renewable Energy Company has announced that on June 9, 2020, through a wholly-owned subsidiary, it purchased the rights to Pacifica Storage LLC, a 7.9MW / 16.5MWh portfolio of sixteen operating and to-be-constructed […] Read more
Sonnedix, Natixis Close Financing for 100 MW Solar Portfolio Updated On Tue, Jun 16th, 2020 by Saurenergy Sonnedix and Natixis have successfully closed senior facilities totaling USD 87 million for an expected 100 MW solar PV portfolio in Chile. Sonnedix, a global solar independent power producer (IPP), and Natixis have successfully closed senior facilities totaling USD 87 million for an expected 100 MW portfolio (Sonnedix PMGD Portfolio) of approximately 20 solar photovoltaic plants in Chile. The Portfolio consists […] Read more
The Leading Electric Two-Wheeler Companies in India Updated On Tue, Jun 16th, 2020 by Saurenergy The leading electric two-wheeler companies in India based on their sales figures for the financial year 2019-2020. Two-wheelers, perhaps one of the few industrial segments where India does not have a disadvantage vis a vis global scale, are poised to lead the EV transition in India. This is on the back of existing players as […] Read more
COVID-19 Expected to put Financial Stress on Chilean Discoms & Gencos: GlobalData Updated On Fri, Jun 12th, 2020 by Saurenergy With the outbreak of the COVID-19, Chilean Discoms are supplying electricity to the customers despite non-payments from them and hence, the utilities are finding it difficult to pay back to the generators as per the PPAs. With the outbreak of the COVID-19, Chilean distribution utilities (Discoms) are supplying electricity to the customers despite non-payments from […] Read more
Leading Electrical Equipment Firm RR Global Enters EV Segment Updated On Fri, Jun 12th, 2020 by Saurenergy RR Global has announced its entry into the EV segment with the proposed launch of two electric scooter models under the firms’ new venture in ‘BGAUSS’. RR Global India, a leading electrical equipment company has announced its entry into the electric vehicle (EV) segment with the proposed launch of two electric scooter models under the […] Read more
