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American solar power and energy storage developer Pivot Energy has closed a $203 million financing facility to support a multi-state portfolio of distributed generation solar projects. Pivot Energy said that Silicon Valley Bank (SVB) and Foss & Company will make the initial tax equity investment. The 100 MWdc portfolio comprises 35 community solar and C&I […]
Renewable energy developer Invenergy and Clean Path NY partners, energyRe and the New York Power Authority (NYPA), have completed a 103.9-MW Number Three Wind Energy Center marking the first Clean Path NY renewable generation asset to reach operation. The wind farm has been developed and constructed by Invenergy. Its one of more than 20 new […]
Abhishek Pillai is one of the three co-founders who started Solar Ladder, a supply chain startup, four years ago. The three co-founders laid the firm’s foundation around the end of their London School of Economics course. The firm has around 250+ solar EPC (Engineering, Procurement, and Construction) installers on board four years later. It also […]
The Indian story of renewable energy is actually a story of paradoxes. Thus, even as the country has made remarkable progress in adding renewable capacity, it still fell comfortably short of the 175 GW target for 2022 Nationally, the country today has achieved 168 GW of renewable energy including large hydro power but the travesty […]
The Adani Groups green energy development arm, Adani Green Energy has announced a rise of 319 per cent in consolidated net profit to Rs 507 crore for the Q4 quarter ended March 2023. This corresponds to a net profit of Rs 121 crore in the corresponding quarter last fiscal. Other key numbers on the EBITDA […]
Atul Kamathi is the Vice President (EPC) of Grew Renewables Pvt Ltd, an Indian solar module manufacturer. In a short-duration interview with Saur Energy at the sideline of ReneX exhibition in Hyderabad, Kamathi talks about the journey of the Grew, the likely future of the Indian module manufacturing sector, and others. A venture of the Chiripal Group, […]
Just as the provincial government of New South Wales, Australia, has announced the tender allocation results for 1.4 GW of renewables, global renewables major RWE has said that itwill develop storage project in the state. RWE has been successful in the tender process offering Long-Term Energy Service Agreements to project developers of long duration storage […]
Manish Narula is the Executive Vice President of Chinese solar manufacturer–Jinko Solar (South Asia). In an exclusive interview with Saur Energy in Hyderabad, Narula talked about his company’s experiments with newly-started energy storage devices, bifacial solar panels, and the future of these in India. Excerpts: How has the experience of Jinko Solar been in India till now? […]
Sterlite Power backed Gurugram based Serentica Renewables has announced that the company has secured $250 million in a second round of funding from KKR, a global investment company. Serentica Renewables is a decarbonisation platform for the commercial and industrial (C&I) sector, focusing especially on energy intensive consumers like metals and mining. Starting with it’s own […]
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