Pakistanis Take Matters In Their Own Hands With Rooftop Solar Boom Updated On Wed, Apr 10th, 2024 by Saurenergy Pakistan has been facing the dual challenge of rising electricity prices and an unreliable grid power supply for some time now. With electricity prices in key cities like Lahore nudging Rs 70/kW, and that too with unreliable supply, it has become only too apparent for many middle class and richer residents that they will need […] Read more
AutoNxt Automation Secures Pre-Series A Funding From Saama Updated On Tue, Apr 9th, 2024 by Saurenergy AutoNxt Automation, a technology start-up building high-torque electric powertrains and off-road autonomous technologies, announced the successful closure of its Pre-Series A round of funding led by Saama. Amit Singhal, the former head of Google’s search division, Suveer Sinha, India Head for KKR Capstone, Bluehill Capital, Keiretsu Forum, Soonicorn Ventures, and other marquee investors participated in […] Read more
Juniper Commissions 105 MW Solar Power Project In Maharashtra Updated On Tue, Apr 9th, 2024 by Saurenergy Delhi-based renewable energy power producer Juniper Green Energy has commissioned a 105 MW Jalkot Solar Power Project in Maharashtra. With this project, the company claimed to enhance the region with 105 MW of solar energy. This initiative reflects Juniper Green Energy’s continued support for expanding India’s renewable energy sector. The project was commissioned in record […] Read more
West Bengal Thermal Power Plant To Produce Solar From Multiple Sources Updated On Tue, Apr 9th, 2024 by Saurenergy West Bengal-based Sagardighi Thermal Power Plant (TPP) is now all set to produce solar power from different sources to send it to the local grid. The TPP situated at Murshidabad has established a 10 MW grid-connected ground-mounted solar plant and a 5 MW grid-connected floating solar plant for the same. The power plant has now […] Read more
US-Based Avangrid & Europe’s Statkraft Ink Wind Power Deal Updated On Tue, Apr 9th, 2024 by Saurenergy Avangrid, a sustainable energy company and member of the Iberdrola Group, and Statkraft, a Europe-based renewable energy firm, have announced the signing of a Virtual Power Purchase Agreement (VPPA), establishing a new relationship between the two companies in the United States. According to a media statement from Avangrid, Statkraft will receive Renewable Energy Certificates (RECs) […] Read more
Dalmia Cement To Pick 18% Stake In Wind Power Firm O2 Renewable Energy Subsidiary Updated On Mon, Apr 8th, 2024 by Saurenergy Indian cement manufacturer Dalmia Cement (Bharat) Limited (‘DCBL’) has announced it has entered into a Share Purchase Agreement (“SPA”), Deed of Accession (‘DOA’), and Power Purchase Agreement (‘PPA’) on April 5 to acquire 18.13% of the equity share capital of O2 Renewable Energy V Private Limited, consisting of 68,99,293 equity shares aggregating to Rs.7.80 crore […] Read more
Atlas Renewable Energy, Hydro Rein Commissions 438 MW Solar Project In Brazil Updated On Fri, Apr 5th, 2024 by Saurenergy Renewable Energy firm, Atlas Renewable Energy and Norwegian-based Hydro Rein have announced the commissioning of a 438 MW solar PV project in Brazil. The project is located in the south-eastern Brazilian state of Minas Gerais, the Boa Sorte PV, and consists of several projects that will provide power to aluminum smelter Albras, a joint venture […] Read more
Azure Power Announces Suspension of SEC Reporting Obligations Updated On Fri, Apr 5th, 2024 by Saurenergy Renewable energy developer Azure Power Global Limited, which has most of it’s portfolio kf projects in India, has confirmed that the Company’s US Securities and Exchange Commission (“SEC”) reporting obligations under Section 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act), were suspended on April 1, 2024. On October 31, 2023, […] Read more
Recurrent Energy Secures €110 Million Green Loan Facility From International Banks Updated On Thu, Apr 4th, 2024 by Saurenergy Recurrent Energy, a subsidiary of Canadian Solar Inc. and owner of solar and energy storage assets, today announced that it has secured a multi-currency facility of up to (€110 million) $120 million from a group of international banks led by Investec Bank Plc. According to Recurrent Energy, the facility consists of a €55 million term […] Read more
