e-Zinc Raises $2.3 Mn to Accelerate Commercialization of its Energy Storage Tech Updated On Tue, Jan 19th, 2021 by Saurenergy e-Zinc, a Toronto-based energy storage innovator, announced today it has raised $2.3 million in a closed round led by BDC Capital’s Cleantech Practice. e-Zinc has developed a breakthrough technology for grid-scale energy storage that stores energy in physically-free zinc metal. By decoupling power and energy, the company scales energy capacity at a fraction of the cost of lithium-ion […] Read more
Oxford University Study Predicts 10% Renewable Share in Africa By 2030 Updated On Tue, Jan 19th, 2021 by Saurenergy Africa, which has for some time now carried the tag of ‘promising‘ for non hydro renewable energy, might yet be the continent with the lowest share of non hydro renewable energy by 2030. Even as some countries within the continent will break away from the rest to have a much more robust contribution from solar […] Read more
Total Expands Sustainable Energy Alliance With Adani, Takes 20% Stake in AGEL Updated On Mon, Jan 18th, 2021 by Saurenergy Total has acquired a 20 percent minority interest in Adani Green Energy Limited (AGEL), the renewable energy platform of the Adani Group. French multinational energy company Total has announced that it has acquired a 20 percent minority interest in Adani Green Energy Limited (AGEL), the renewable energy platform of the Adani Group. The French giant […] Read more
Naturgy Acquires Hamel Renewables in US with 12.6 GW Solar Plus Storage Portfolio Updated On Sat, Jan 16th, 2021 by Saurenergy Naturgy has acquired 100% percent of the economic interests in Hamel Renewables, a solar and energy storage development platform in the United States. The transaction represents Naturgy’s first investment in the US renewable energy market and demonstrates the company’s firm commitment to developing its renewables portfolio internationally, focusing on stable geographies and early stage of […] Read more
Tigo Energy Raises $20 Million in Funding Updated On Fri, Jan 15th, 2021 by Saurenergy Tigo Energy, Inc., the worldwide leader in Flex-MLPE (Module Level Power Electronics) today announced a $20 million round of investment, led by Energy Growth Momentum. “2020 has been a breakout year for Tigo and 2021 has the potential for even greater success,” stated Zvi Alon, Chairman and CEO of Tigo. “We are excited to have the […] Read more
Excelsior Energy Capital Closes Inaugural Renewable Energy Fund at $504 Million Updated On Thu, Jan 14th, 2021 by Saurenergy Excelsior Energy Capital, a leading independent North American renewable energy investor, today announced the final close of its inaugural fund, Excelsior Renewable Energy Investment Fund I, with total capital commitments of USD 504 million, exceeding the Fund’s USD 500 million target. The Fund will continue to invest equity in middle-market wind and solar power plants […] Read more
Cordelio Power Sells 49% Stake in Ontario Renewable Power Portfolio to Axium Infrastructure Updated On Wed, Jan 13th, 2021 by Saurenergy Cordelio Power (“Cordelio”) and Axium Infrastructure (“Axium”) are pleased to announce that Axium has purchased a 49% interest in Cordelio’s Ontario renewable portfolio. The 396 MW “Denfield” portfolio includes four wind projects and two solar projects located in southwestern Ontario. Cordelio will continue to manage the Denfield assets for the newly formed partnership. “We’re excited to partner and share best […] Read more
Neglecting Renewables Could Cost Indonesia’s Energy Edge: IEEFA Updated On Tue, Jan 12th, 2021 by Saurenergy No country is immune to the rapid disruption occurring in the global energy sector. New technological innovations in both supply and demand have changed the technical versus economic discourse. Renewables are now cheaper than any fossil fuel in most parts of the world. And Indonesia’s no exception to this transition as per IEEFA. The sharp […] Read more
Emergence of Asia-Pacific Renewable Energy Sector Updated On Mon, Jan 11th, 2021 by Saurenergy By Suman Jagdev, Director & Lead – Strategy Consulting, GCA Corporation, Mumbai The Sustainable Development Goals (SDGs) adopted by the United Nations has led to articulation of clear actions for a sustainable world underpinned by responsible consumption and production. Governments are required to meet targets assigned by the United Nations and frame adequate regulations and […] Read more
