KKR buying RE firm ContourGlobal for £1.75 billion Updated On Thu, May 19th, 2022 by Saurenergy Leading investment firm Kohlberg Kravis Roberts & Co (KKR) has announced that it is buying ContourGlobal, a renewable energy company. The deal is for £1.75 billion. According to KKR, the company is offering shareholders of ContourGlobal 263.6p for every share. This offer price represents a 36 per cent premium to the last closing price of […] Read more
CERC Allows Petition Of Karur Transmission Ltd Updated On Thu, May 19th, 2022 by Saurenergy The Central Electricity Regulatory Commission (CERC) allowed on May 17 the petition of Karur Transmission Ltd that the transmission charges for the project should be adopted because it was selected through a competitive bidding process. Karur Transmission Ltd had moved the CERC to examine whether the process as per provisions of the guidelines has been […] Read more
UK Carbon Capture Firm Storegga Raises £51.3m Funding Updated On Wed, May 18th, 2022 by Saurenergy UK cleantech and renewable energy firms continue to get foreign capital every day. UK carbon capture firm Storegga has announced a £51.3m funding boost on May 17 from a host of international backers, a report mentioned adding further that UK firms enjoyed the confidence of international investors counting on it to drive the transition to […] Read more
Germany’s Third Rooftop PV Tender Earns Price Of Rs 6.96/kWh Updated On Wed, May 18th, 2022 by Saurenergy Germany’s solar procurement exercise has come to its end with the final prices hitting €0.07/Rs 5.71 ($0.073)/kWh to €0.0891/kWh. Results of third tender for rooftop PV projects ranging in size from 300 kW to 750 kW are out. Reviewing 171 bids with a total capacity of 212 MW, Germany’s Federal Network Agency (Bundesnetzagentur) selected 163 […] Read more
ACEN, Puri Usaha Group partner to develop RE in Indonesia Updated On Wed, May 18th, 2022 by Saurenergy Ayala Group’s listed energy platform, ACEN and the Puri Usaha Group have announced that they will work together on a platform for the joint development of renewable energy projects in Indonesia focusing on large-scale solar power plants, battery energy storage systems and green hydrogen projects. ACEN says that the plan is subject to applicable regulatory […] Read more
Wind Expansion Globally Will Need Much Higher Production of Rare Earths: IRENA Report Updated On Tue, May 17th, 2022 by Saurenergy International Renewable Energy Agency (IRENA) has come up with a report named ‘Critical Mineral for Energy Transition: Rare Earth Elements,’ which says that the rising global demand in the renewable sector especially the wind energy sector to mitigate climate change challenges will need better supplies of rare earth minerals or critical minerals. The report holds […] Read more
Assistant Manager – Sustainability & Climate Change Updated On Mon, May 16th, 2022 by Saurenergy The Group has identified sustainability and broader elements of ESG as a priority in the next phase of its growth. The Group sustainability function will focus on group level policies, processes and guidelines, education, capacity building, quality and governance of ESG-related issues, identification of Group level ESG ambitions, its linkages to corporate brand and advising […] Read more
Rays Power Infra Prepares For The Next Growth Phase With Sale Of Assets At Rs 700 crores Updated On Fri, May 13th, 2022 by Saurenergy Rays Power Infra has formally announced its debt free status to the world. This has been achieved with the sale of solar assets in Tamil Nadu, Karnataka and Telangana to global investors for Rs 700 crores. The announcement was made by Pawan Sharma, Co-Founder, Director, Rays Power Infra. The assets sold had total debt of […] Read more
Soluna Raises $35M from Spring Lane Capital to Build Green Data Centers Updated On Fri, May 13th, 2022 by Saurenergy Soluna Holdings, Inc. (“SHI”) the parent company of Soluna Computing, Inc. (“SCI”), secured $35 million in project financing to develop green data centers co-located with renewable energy assets. Spring Lane Capital, a private equity firm, invested private funds in Soluna as a part of their strategy focused on hybrid project capital for sustainability solutions in […] Read more
