Irish Sovereign Fund to Invest €1bn in Climate Projects Over 5 Years Updated On Thu, Sep 9th, 2021 by Saurenergy The Ireland Strategic Investment Fund (ISIF), managed by the National Treasury Management Agency (NTMA), has set out plans to invest €1bn in climate action projects over the next 5 years. The country’s sovereign fund will support green projects comprising renewables and battery storage till 2026. ISIF made the announcement alongside the publication of its half-year […] Read more
6 States to Lead Growth in Indian Renewable Open Access Space: Study Updated On Tue, Sep 7th, 2021 by Saurenergy The bulk of the new capacity addition of renewable Open Access projects would likely be centred in Gujarat, Maharashtra, Uttar Pradesh, Rajasthan, Karnataka and Chhattisgarh in the near term, finds a new report. Tata Cleantech Capital Ltd (TCCL), a joint venture between Tata Capital Limited and International Finance Corporation, Washington D.C. (World Bank Group) has […] Read more
South Africa’s Eskom Plans $7.2 B Investment in Wind & Solar Updated On Tue, Aug 31st, 2021 by Saurenergy South African electricity public utility Eskom Holdings SOC Ltd. is planning to invest 106 billion rand, or $7.2 billion, in wind and solar power by the end of the decade. Eskom, which accounts for two-fifths of the nation’s greenhouse gas output, may execute its plan either independently or through a partnership. A few months ago, South […] Read more
ReNew Power Merges with RMG II, Lists on Nasdaq via SPAC Updated On Wed, Aug 25th, 2021 by Saurenergy Haryana-based ReNew Power has completed its previously announced business combination with RMG Acquisition Corporation II. After the combination, RMG II has become a wholly-owned subsidiary of ReNew Energy Global. Consequently, ReNew’s Class A ordinary shares and warrants commenced trading on the U.S. stock exchange NASDAQ on August 24, 2021. The company listed in the US through […] Read more
ICRA Predicts 8-10% Share For E Buses by 2025 Updated On Fri, Aug 20th, 2021 by Saurenergy Buses, the bulwark of public transport in any well planned transport system, are set to be a key part of the transition to electric mobility in India too. Thanks to focused subsidies and pressure to improve a decrepit bus network in most markets, e-buses are set to make a large impact in this category. For […] Read more
Goodyear Invests in EV Charging, Adds AmpUp to its Portfolio Updated On Tue, Aug 17th, 2021 by Saurenergy Goodyear announced today that its venture capital arm, Goodyear Ventures, has added AmpUp, a leader in electric vehicle (EV) charging, to its investment portfolio. AmpUp supports the EV driving community through its advanced charging network and software solutions. With operations across North America, AmpUp aims to make charging accessible and seamless for every EV driver. […] Read more
Director (Exploration & Development) Updated On Fri, Aug 13th, 2021 by Saurenergy Director (Exploration & Development) is a member of Board of Directors and reports to Chairman & Managing Director. He/She formulates exploratory policies and budgets and monitors progress of exploration and development programs of the Company. ELIGIBILITY: 1. AGE : On the date of occurrence of vacancy (DOV) Age of superannuation 60 years Internal Others Minimum […] Read more
CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure Updated On Thu, Aug 12th, 2021 by Saurenergy Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […] Read more
IPO Time For India Solar Equipment Manufacturers In 2021 Updated On Mon, Aug 9th, 2021 by Saurenergy After a long wait, initial reports are finally coming out regarding plans by major Indian solar equipment manufacturers planning Initial Public Offers. We refer to a long wait simply because the markets have been buoyant for a while now, and have duly been followed by an IPO wave the likes of which has rarely been […] Read more