EESL Invites Private Players to Boost Adoption of Energy Efficient Products and Services in India Updated On Wed, Mar 10th, 2021 by Saurenergy With the aim to maximise the adoption of energy efficient products and services in India, Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power, has decided to empanel Corporate Sales Agencies, Direct Sales Agencies, Dealers and Retailers and other Demand Aggregators, including ESCOs with requisite under the Success Fee Model. Through […] Read more
Solar the Star For Attracting Investments in India’s Energy Sector Updated On Tue, Mar 9th, 2021 by Saurenergy By Vishal Yadav A suitable geographic terrain, supportive Government policies, future energy demand, and environmental concerns have placed growth as well as momentum behind solar energy in India. Rising population, an emerging economy with exponential growth ambitions, and urbanization are some factors contributing to India’s increasing energy demand. According to a report by the International […] Read more
Nexamp Secures $440 Million in Debt Financing for Solar and Energy Storage Portfolio Updated On Tue, Mar 9th, 2021 by Saurenergy Largest financing deal ever for community solar assets, a model that provides equitable access to clean energy Nexamp, Inc., a leading renewable energy generator and community solar provider, has closed a $440 million senior secured credit facility for a 380-megawatt portfolio of solar and energy storage assets, the largest debt financing of its kind. The diverse portfolio […] Read more
Canadian Solar Completes 61 MWp Solar Portfolio Sale in Japan Updated On Tue, Mar 9th, 2021 by Saurenergy Canadian Solar Inc. announced today that it has completed the sale of two operational projects totaling 61 MWp to Canadian Solar Infrastructure Fund for JPY 30.6 billion (approximately US$283 million). To finance the acquisition of the 53 MWp Oita Hiji-machi and 8 MWp Miyagi Ogawara projects, CSIF recently completed an international public offering and raised over JPY 18 billion (US$166 […] Read more
University of Birmingham Teams up with ARAI on Transport Research Updated On Tue, Mar 9th, 2021 by Saurenergy The University of Birmingham and ARAI have signed an MoU agreeing to identify joint research interests in the transport sector including EVs. The University of Birmingham and The Automotive Research Association of India (ARAI) based in Pune, India, have signed a Memorandum of Understanding (MoU) agreeing to identify joint research interests in the fields of […] Read more
Rosatom’s Storage Division Takes 49% Stake in Korean Energy Storage Firm Updated On Mon, Mar 8th, 2021 by Saurenergy RENERA LLC a part of Rosatom State Corporation, has concluded the deal to acquire a 49 percent share of Enertech International Inc, a South Korean manufacturer of electrodes, lithium-ion storage cells, and energy storage systems. RENERA manufactures energy storage systems based on lithium-ion batteries for special equipment, telecommunications systems, uninterruptible power supplies, energy storage systems, […] Read more
AfDB Approves $27 Mn Loan to Establish 200 MW Solar Plant in Egypt Updated On Mon, Mar 8th, 2021 by Saurenergy The African Development Bank’s Board of Directors today approved $27.2 million in loan financing for the design, construction and operation of a 200 MW photovoltaic solar power plant at Kom Ombo, in Upper Egypt on the river Nile. The project is expected to lower electricity costs for businesses and residences, as well as reducing greenhouse […] Read more
Iberdrola Adds 750 MW of new Solar Projects to its Extremadura Pipeline Updated On Mon, Mar 8th, 2021 by Saurenergy Iberdrola has added 750 MW of new solar photovoltaic capacity under development in the province of Cáceres in Extremadura Spanish major Iberdrola has announced that in continuation of its green investment plan in the Extremadura region of Spain, it has added 750 MW of new solar photovoltaic capacity under development in the province of Cáceres. […] Read more
COGOS to Deploy 1000 EVs in its Logistics Fleet, Partners With Altigreen Updated On Fri, Mar 5th, 2021 by Saurenergy Intra-city logistics company, COGOS has announced its partnership with Altigreen by deploying 1000 EVs in its fleet, a step to further strengthen its commitment towards electric mobility in the country. The partnership has materialised at an opportune time as the budget 2021 and the later impositions of green tax and new scrap policy, extensively showed […] Read more
