CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure Updated On Thu, Aug 12th, 2021 by Saurenergy Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […] Read more
ReNew Power Makes First Hydro Acquisition, Adds 359 MW Acquisitions Updated On Wed, Aug 11th, 2021 by Saurenergy ReNew Power continues its strong 2021 performance with the announcement of two acquisitions of 359 MW of renewable projects. Notably, the firm has made its first Hydropower acquisition, a 99 MW project in Uttarakhand. The second project is a clutch of 260MW/330MWp solar projects in the state of Telangana According to the firm, the combined […] Read more
India-UK Partnership to Back Green Firms Investing in the UK Updated On Wed, Aug 11th, 2021 by Saurenergy The UK and India are set to launch a global Green Grids Initiative (GGI) at the COP26 climate conference in November, which will be hosted by the UK in Glasgow, Scotland. A new renewable energy partnership between the two countries is expected to open doors to Indian green energy businesses wishing to establish offices in […] Read more
Hyundai Partners with UL for Safe Deployment of Second Life BESS Updated On Fri, Aug 6th, 2021 by Saurenergy The South Korean multinational automotive manufacturer, Hyundai Motor Company has partnered with the global safety science leader, UL for the safe deployment and use of second-life battery energy storage systems (SLBESS). A Memorandum of Understanding (MoU), signed during a ceremony at UL’s offices in Seoul, South Korea on July 23, formalized the relationship between the […] Read more
Enel, Fincantieri Will Develop Green H2’s Use in Ports, Sea Transport Updated On Fri, Aug 6th, 2021 by Saurenergy Enel Green Power Italia, a subsidiary of Europe’s biggest utility Enel, and Fincantieri, an Italian shipbuilder, have signed a Memorandum of Understanding (MoU) to develop an integrated solution for the production, supply, management and use of green hydrogen for port areas and long-range maritime transport. “The signing of this agreement,” commented Carlo Zorzoli, Head of Business […] Read more
CESC To Serve Chandigarh Power Needs, As It Wins Distribution License For the UT Updated On Thu, Aug 5th, 2021 by Saurenergy In a stock exchange filing, CESC Limited has informed that Eminent Electricity Distribution Ltd , its subsidiary has placed the highest bid of ₹871 crore to acquire the electricity distribution business for Chandigarh. CESC is the key discom for Kolkata already, besides some other circles. The bid was invited by Chandigarh’s engineering department as part […] Read more
India Added 601 MW C&I RE Generation Capacity in Q1 2021: Report Updated On Thu, Aug 5th, 2021 by Saurenergy BRIDGE TO INDIA has launched a new quarterly report titled “India Corporate Renewable Brief,” which provides a detailed regular update on key trends and developments in the rapidly growing C&I renewable market. The study includes details of capacity addition, key players, policy developments, equipment prices, financing deals and other market trends. The first edition of this report […] Read more
These 5 Firms Moved To Solar in 2021. How Many Will Follow? Updated On Wed, Aug 4th, 2021 by Saurenergy Indian corporates across energy-intensive sectors are increasingly adopting solar for captive use, the latter comprising a solar power plant that is deployed by a company for its own consumption. That is, power generated by such a solar power plant is consumed entirely by the developing company itself. For instance, Mumbai-headquartered auto major Mahindra & Mahindra Ltd. […] Read more
Vestas to Supply 16 Turbines to 58 MW Wind Farm in NSW Updated On Wed, Aug 4th, 2021 by Saurenergy Danish wind turbine maker Vestas and its partner Global Power Generation, a subsidiary of the multinational power company Naturgy Group, have secured a 58 MW deal for Crookwell 3 Wind Farm in New South Wales, Australia. The project will feature sixteen V126-3.45 MW wind turbines in 3.6 MW operating mode which Vestas will supply and […] Read more
