Danish Renewable Energy Fund CIP Secures EUR 5.6 Billion Updated On Mon, Jul 10th, 2023 by Saurenergy Copenhagen Infrastructure Partners (CIP) successfully secured EUR 5.6 billion in capital commitments for their fifth flagship fund, Copenhagen Infrastructure V (CI V), on June 30, 2023. This achievement sets them on course to achieve their goal of raising a fund size of EUR 12 billion (about 13 billion USD), possibly making CI V the world’s […] Read more
Travails At Siemens Gamesa Could Signal Hiccups Ahead For Wind Energy, Again Updated On Mon, Jul 3rd, 2023 by Saurenergy Siemens Gamesa, a subsidiary of Siemens Energy, is currently facing challenges in multiple countries. Since its complete takeover by Siemens Energy last year, Siemens Gamesa has been lurching from one problem to another. Parent firm Siemen’s recent announcement of reducing its ownership stake in Siemens Gamesa by 6.8 per cent, bringing it down to 25.1 […] Read more
Assistant Vice President- Business Operations Updated On Wed, Jun 28th, 2023 by Saurenergy Responsibilities:- Strategy for growth: organic growth strategies and acquisition of portfolios, joint ventures as applicable Business Partner to fund raise activities including debt and equity, diligence, Structuring and documentation. Risk Analysis for Stakeholder documents including PPAs, lease supply/EPC/Storage/ O&M Agreements Commercial assessment of Technology strategies for different PPA SLAs: and assist in technology selection of […] Read more
Overcoming Climate Change Risks: India’s Quest to Expand Offshore Wind Power Updated On Fri, Jun 23rd, 2023 by Saurenergy India is banking on wind power expansion to meet close to a third of its 2030 renewables target, with solar accounting for most of the rest. Importantly, the country is finally actively pushing for offshore wind power as it aims to achieve 30 GW of offshore wind energy capacity by 2030. With one of the […] Read more
S&P Commodity Insights Top 10 RE Market Trends in 2023 Updated On Wed, Jun 21st, 2023 by Saurenergy Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […] Read more
European Clean Energy Developer TagEnergy Raises €570 MillionTo Drive Growth Updated On Mon, Jun 19th, 2023 by Saurenergy Clean energy developer and investor TagEnergy announced today a major capital injection, the closing of a dual currency (AU$ and €) green bond totalling a maximum of €570,000,000 (equivalent) with Copenhagen Infrastructure Partners (CIP) and GIC as investors. The fund raise comes at possibly the best time ever for European RE developers, with a market that […] Read more
The Top 5: States For Renewable Energy in India Updated On Fri, Jun 16th, 2023 by Saurenergy India’s power generation mix is rapidly shifting towards a more significant share of renewable energy. Today, India is the world’s third largest producer of renewable energy, with over 41 per cent of its installed electricity capacity coming from Renewable Energy Sources. Based on the recent Installed Capacity Report by Central Electricity Authority, this article sheds […] Read more
GE Vernova to Power up 108 MW Wind Project of Amplus Solar Updated On Fri, Jun 16th, 2023 by Saurenergy Sustainable energy firm GE Vernova has been picked by Amplus Solar- a firm that provides distributed energy, for its 108 MW wind power project. The project will established be in Tamil Nadu, and is expected to be commissioned by August 2024. “GE Vernova will supply and commission 40 units of its 2.7-132 onshore wind turbines […] Read more
Despite A Volatile Market, Wind Energy Blows Strong Updated On Fri, Jun 16th, 2023 by Saurenergy It was Wind Energy Day on June 15, and the day while acknowledging the role wind energy is set to play, also serves to highlight the massive strides this key part of the renewable puzzle has made, especially in the past decade. Global Trends 2023: Big Start, Bigger Finish The wind sector is back […] Read more