Masdar, PT PJBI Form JV to Drive Development of Indonesia’s 1st Floating Solar Plant Updated On Sat, Dec 19th, 2020 by Saurenergy Masdar, one of the world’s leading renewable energy companies, and PT PJBI, a subsidiary of Indonesia’s state electricity company PT PLN (Persero), today announced the formation of a joint venture to drive the development of the Cirata Floating Photovoltaic Power Plant – Indonesia’s first floating PV project. The new company, PT. Pembangkitan Jawa Bali Masdar Solar Energi (PMSE), was […] Read more
Apex Clean Energy Closes $200 Million Refinancing Updated On Sat, Dec 19th, 2020 by Saurenergy Apex Clean Energy today announced that it has secured a $200 million senior secured loan from a family office investor group led by ZOMA Capital and PLEXUS Solutions. Colorado-based ZOMA Capital invests in a range of market-based sustainable solutions addressing environmental and social challenges, and PLEXUS Solutions provides merchant banking services to sectors focused on […] Read more
UK’s Energy Catalyst Program Launches New Community Hub Updated On Sat, Dec 19th, 2020 by Saurenergy UK government Energy Catalyst program aims to support businesses to develop sustainable energy technologies and business models, which are accelerating the clean energy transition in developing and emerging economies. The program is run by Innovate UK and is co-funded by partners including the Engineering and Physical Sciences Research Council, the Department for International Development, the […] Read more
Amp Energy Expands Tata Hitachi’s Solar Plant, Largest Distributed RE Project in East India Updated On Fri, Dec 18th, 2020 by Saurenergy Amp Energy has expanded Tata Hitachi’s solar plant to 10.5 MW making it the largest BTM (distributed RE) project in Eastern India. Tata Hitachi, a leading construction machinery provider in India has partnered with Amp Energy to set up an onsite solar power unit at their facility in Kharagpur, West Bengal. This project is a […] Read more
IndiGrid Partners With IBM to Build AI-Enabled Asset Management Platform Updated On Fri, Dec 18th, 2020 by Saurenergy IndiGrid has signed a multi-year collaboration agreement with IBM to build Artificial Intelligence (AI)-enabled asset management platform. India Grid Trust (IndiGrid) has announced that it has signed a multi-year collaboration agreement with tech-giant IBM to build Artificial Intelligence (AI)-enabled asset management platform. The IBM Maximo Application Suite will allow IndiGrid to become future-ready by improving the overall health […] Read more
Ayana Renewable Scoops Up $390 Million In Fresh Funding Updated On Fri, Dec 18th, 2020 by Saurenergy CDC and Eversource Capital-backed Ayana Renewable has announced additional funding of $390 million from its key backers. Ayana Renewable Power, the CDC and Eversource Capital (through Green Growth Equity Fund) backed renewable energy firm, has announced additional funding of $390 million (Rs 2,200 crore)from its key backers. The big change will be the investment from […] Read more
NIPSCO and Capital Dynamics Sign 280 MW Solar Energy Power Purchase Agreement Updated On Thu, Dec 17th, 2020 by Saurenergy Agreement furthers goal of bringing more affordable, cleaner energy to NIPSCO consumers Northern Indiana Public Service Company LLC (NIPSCO), a subsidiary of NiSource Inc., and the Clean Energy Infrastructure (CEI) business of Capital Dynamics, an independent global private asset management firm, signed a long-term Power Purchase Agreement (PPA). Under the terms of the PPA, NIPSCO […] Read more
PureEV Signs MoU with CSIR-CECRI, Indigenizing Lithium-Ion technology for EVs Updated On Thu, Dec 17th, 2020 by Saurenergy IIT Hyderabad incubated PURE EV has announced its partnership with CSIR – Central Electro Chemical Research Institute (CECRI). The firm has signed a Memorandum of Understanding with CSIR- CECRI for indigenous Lithium-Ion battery technology for electric vehicles. The company has been funded by Pharma industry veteran V C Nannapaneni. The collaboration will serve joint research […] Read more
Vestas Completes Acquisition of MHI’s Shares in MHI Vestas Offshore Wind Updated On Thu, Dec 17th, 2020 by Saurenergy Vestas and MHI have closed the agreement for Vestas to acquire MHI’s shares in their offshore wind joint venture i.e. MVOW Vestas and Mitsubishi Heavy Industries (MHI) have closed the agreement to expand their partnership in sustainable energy. By closing the agreement, Vestas has acquired MHI’s shares in the MHI Vestas Offshore Wind (MVOW) joint […] Read more
