KKR Invests in Hero Future Energies in $450 Million Transaction Updated On Tue, Sep 20th, 2022 by Saurenergy New York’s Kohlberg Kravis Roberts & Company (KKR), a leading global investment firm, and Hero Future Energies (“HFE”)- the renewable energy arm of the Hero Group, have announced the signing of definitive agreements. Under the agreements, KKR and the Hero Group will invest $450 million in HFE. This investment will position HFE for continued growth […] Read more
Adani Green Commissions 325MW Wind Power Plant in Madhya Pradesh Updated On Tue, Sep 20th, 2022 by Saurenergy In Madhya Pradesh’s Dhar area, Adani Green Energy Limited commissioned a 325MW wind energy power plant. With this, Adani Green Energy Limited’s (AGEL) operational generation capacity has increased to 6.1 gigawatts. 324.4MW (325MW) wind power plant in Dhar, Madhya Pradesh, had been inaugurated by Adani Wind Energy MP One Private Ltd (AWEMP1PL), a division of […] Read more
Canadian Pension Firm & Mahindra Group Collaborate Strategically in RE Updated On Sun, Sep 18th, 2022 by Saurenergy The Mahindra Group and the Canadian-based pension firm, Ontario Teachers’ Pension Plan Board have announced a strategic alliance to take advantage of the expanding renewables market in India. Both parties have entered into legally binding agreements under which Ontario Teachers’ will purchase a 30% equity stake in Mahindra’s solar development arm, Mahindra Susten Pvt Ltd […] Read more
Husk Power Systems to Establish 80 Rural Microgrids; Signs Microdebt Facility with EDFI ElectriFI Updated On Thu, Sep 15th, 2022 by Saurenergy Husk Power Systems, operator of the largest fleet of solar-hybrid microgrids across rural Asia and Africa, has set its sights on electrifying 80 additional communities in India with $6 million in new debt financing from the EU- funded Electrification Financing Initiative (EDFI ElectriFI). What the Microgrids Offer The 80 solar microgrids will prove to be […] Read more
Examining the Biggest Polluters: Report Card of Transportation Industry Updated On Thu, Sep 15th, 2022 by Saurenergy The transportation sector is essential for economic growth, creating jobs, and connecting people to critical services. The industry is also growing rapidly and will retain this trend for a long time. Yet, what’s concerning about the growth of the transportation sector is that it is also one of the biggest polluters. The industry shares a […] Read more
SolarPower Europe Demands EU Windfall Measures to Target Actual Profits Only Updated On Wed, Sep 14th, 2022 by Saurenergy Trade body SolarPower Europe has said that windfall revenue measures of power generators in Europe should target actual profits only and make an exemption for renewables that do not make windfall profits. It “should therefore not be subject to windfall measures,” it further added. The move comes even as energy prices across Europe test new […] Read more
Punjab to Solarize One Lakh Electric Agricultural Tubewells Updated On Wed, Sep 14th, 2022 by Saurenergy One lakh electric agricultural tubewells, currently in use by the state, would be powered by solar energy by the Punjab government. The Ministry of New and Renewable Energy had received a request to solarize 1 lakh grid-connected electric tubewells, and the Union Government had approved it while also setting a target of 1 lakh pumps […] Read more
Spain’s Soltec Power Connects 112.5 MW Solar Project in Brazil Updated On Tue, Sep 13th, 2022 by Saurenergy In a key development that adds to the renewable energy expansion in South America, Soltec Power Holdings SA has connected the first solar power project built by it in Brazil. The solar power plant has a generation capacity of 112.5 MW. Soltec is a Spain-based solar energy specialist. The solar power project has come up […] Read more
Solar Manufacturing In India Needs Risk Mitigation Urgently Updated On Mon, Sep 12th, 2022 by Saurenergy HQTS Helmsman (India) Quality & Technology Services Private Limited) is a global supply chain solutions provider and third-party quality service provider, with a strong practice in the energy domain, including solar and wind energy. HQTS was founded in 1995 in China and is today known as one of Asia’s largest premier quality control companies. The […] Read more
