German, French Investment Groups Form JV for 500MW Projects in Germany Updated On Wed, May 8th, 2024 by Saurenergy The German renewables investor and asset manager Aream Group and Eiffel Investment Group, represented by the Eiffel Transition Infrastructure Fund have formed a joint venture with an aim to develop clean energy projects in Germany. The joint venture will develop numerous projects in the fields of photovoltaics and batteries in the coming years. Eiffel will […] Read more
Sunkind Energy Secures 10 MW Solar Projects In Northern India Updated On Tue, May 7th, 2024 by Saurenergy Solar EPC company Sunkind Energy has secured five solar rooftop projects. According to a statement by the company, Sunkind Energy has received orders for the projects in North India. The total capacity of projects that the company has received is 10 MW in states like Punjab, Haryana, Rajasthan, and Chhattisgarh. Hanish Gupta, Founder and CEO […] Read more
Clean Energy Investments Reach 200 Billion In 2023, Says IEA Report Updated On Tue, May 7th, 2024 by Saurenergy The International Energy Agency (IEA) in its recent report found that renewable energy investments reached approximately USD 200 billion in 2023. The renewable energy investment reportedly witnessed a 70% increase compared to 2022. Among the renewable energy investments, sectors such as clean technology, solar PV, and battery manufacturing received more than double the investment, reaching around […] Read more
responsAbility Plans To Invest USD 35mn In AMPIN Energy Updated On Tue, May 7th, 2024 by Saurenergy responsAbility plans to invest up to USD 35 million in AMPIN Energy Transition Private Limited (AMPIN) on behalf of its investors. This is part of its broader USD 500 million climate investment strategy aimed at actively reducing CO2 emissions in Asia. New Delhi-based AMPIN is an Indian renewable energy transition company with a balanced portfolio […] Read more
India Issued 69GW+ Renewable Tenders In FY24, Says IEEFA Report Updated On Mon, May 6th, 2024 by Saurenergy The Institute of Energy Economics and Financial Analysis (IEEFA) in its latest report indicated a record 69+ Gigawatt (GW) of renewable energy tenders in India in 2023-24. This is against the Indian government’s own annual target of 50 GW. The global energy think tank attributed this to the strong push from the Union government at […] Read more
Fortum Sells Stake In Indian Solar Portfolio To Gentari Renewables Updated On Fri, May 3rd, 2024 by Saurenergy Finland-based Fortum sold its ownership in the 185-MW Indian solar portfolio and is considering alternatives for its remaining operations in India. Fortum signed an agreement to sell the remaining 43.75% share of its Indian solar power portfolio to Malaysia-based Gentari Renewables India Pte. Ltd., a subsidiary of clean energy solutions provider Gentari Sdn. Bhd. Gentari […] Read more
MN8 Energy Sources 457 MW Solar Modules From First Solar Updated On Thu, May 2nd, 2024 by Saurenergy Global solar module manufacturer First Solar has placed orders with MN8 Energy LLC (MN8) for 457 Megawatts (MW) of advanced thin-film solar modules. The order included 170 MW of Series 6 plus bifacial modules and 287 MW of Series 7 modules. The modules are expected to power projects in the northeastern and southern United States […] Read more
Renewables Can Bring Down Singapore’s Gas Dependency To 61%: EMBER Updated On Thu, May 2nd, 2024 by Saurenergy A recent report from energy think tank EMBER said that Singapore’s heavy reliance on gas-based electricity could be cut down with the expected rise of renewables in the country. The report said that based on its calculations, the share of electricity from gas would drop from 92% in 2022 to 61% by 2035. This was […] Read more
EU’s Shift To BTM Batteries To Meet Energy Demand: EMBER Updated On Wed, May 1st, 2024 by Saurenergy EMBER in its recent report identified that installed battery capacity in the EU doubled to 16 GW in 2023, with a significant concentration in countries like France, Ireland, and Germany. Behind-the-meter (BTM) batteries constitute a substantial portion of this capacity, with countries like Spain and the Netherlands expected to follow suit due to high renewables […] Read more
