Kinetic Green Energy And Cholamandalam Sign Pact To Finance EVs Updated On Mon, Jul 4th, 2022 by Saurenergy Pune based EV manufacturer Kinetic Green Energy on July 4 announced that the buyers can finance their EVs with Cholamandalam Investment and Finance Company, Chennai-based Murugappa Group’s financial services arm. Both the companies having entered into an agreement, under which the customers can avail themselves of getting the EVs financed by Chola. Kinetic manufactures both electric […] Read more
Websol Energy To Set Up 1.8 GW Solar Cell And Module Facility Updated On Mon, Jul 4th, 2022 by Saurenergy To give a major boost to its manufacturing capabilities, Websol Energy System has said that it will be setting up a new manufacturing plant for solar cells and modules in near future. This will have a capacity to produce up to 1.8 GW of solar panels. Industry experts see it as a step towards self-reliance […] Read more
Five Asian Countries Listed In Top 10 Economies Powered By Solar Energy Updated On Mon, Jul 4th, 2022 by Saurenergy Of the top ten economies powered by solar power, 5 are from Asia. This is a major breakthrough given that a decade ago, only two Asian countries were on the list, while European countries dominated the solar rankings. The Asian countries on the list have witnessed a decade of steady growth, accelerating its solar capacity. […] Read more
Clean Capital Acquires 100% Stake in BQ Energy Updated On Fri, Jul 1st, 2022 by Saurenergy New York-based clean energy investment firm, Clean Capital has announced its 100% acquisition (100% Stake) of renewable energy development company, BQ Energy recently. Now Clean Capital has all the rights to operate BQE independently as an own-subsidiary firm. Now Clean Capital will invest in BQE’s long-term projects. Additionally, Clean Capital will invest in initiatives that […] Read more
Statkraft Increases Renewable Energy Targets, Chases Faster Growth Updated On Thu, Jun 30th, 2022 by Saurenergy Norway’s state owned renewable energy player Statkraft has updated its growth strategy for renewable energy with a new, more ambitious targets towards 2030. The official statement of Statkraft reveals that the strategy increases the annual growth rate for onshore wind, solar and battery storage from 2.5-3 GW in 2025 to 4 GW in 2030. Statkraft […] Read more
Intersect Power Raises $750 Million Growth Equity Investment from TPG Rise & Others Updated On Wed, Jun 29th, 2022 by Saurenergy US-based clean energy company, Intersect Power announced a $750 million growth equity investment for its renewable energy portfolio yesterday (28th June 2022). TPG Rise Climate is the dedicated investor while Climate Adaptive Infrastructure and Trilantic Energy are the additional participants in this investment. With the help of this growth equity investment from TPG Rise & Others, Intersect […] Read more
KPI Green Energy Completes Installation of 10 MWp Updated On Tue, Jun 28th, 2022 by Saurenergy KPI Green Energy Limited, the solar vertical of KP Group and a prominent Gujarat based solar power generating company, has installed 10MWp solar projects at Bharuch Gujarat. It’s a CPP project developed by KPI Green Energy on behalf of CPP customer by entering into a turnkey agreement enabling CPP customer to not only use a […] Read more
Intrakat Collaborates With Parkwind To Develop Offshore Wind Energy In Greece Updated On Tue, Jun 28th, 2022 by Saurenergy A new partnership has been announced between Belgium based Parkwind and Greece’s Intrakat to jointly develop offshore wind opportunities in Greek waters. Bringing offshore development experience and a deep knowledge, the two companies bring forward complementary competences in offshore development and local infrastructure experience. François Van Leeuw, co-CEO, Parkwind, said, “With a partner like Intrakat, […] Read more
160 GWh Of Energy Storage Needed To Meet India’s 2030 RE Target: IESA Updated On Tue, Jun 28th, 2022 by Saurenergy The India Energy Storage Alliance (IESA) has recently brought out a report VISION 2030 that projects India will need at least 160 GWh of energy storage by 2030 in order to integrate the targeted 500 GW of non-fossil fuel energy onto its networks. This energy storage capacity has been calculated as aggregate of front-of-the-meter grid-scale […] Read more
