Cordelio Power Sells 49% Stake in Ontario Renewable Power Portfolio to Axium Infrastructure Updated On Wed, Jan 13th, 2021 by Saurenergy Cordelio Power (“Cordelio”) and Axium Infrastructure (“Axium”) are pleased to announce that Axium has purchased a 49% interest in Cordelio’s Ontario renewable portfolio. The 396 MW “Denfield” portfolio includes four wind projects and two solar projects located in southwestern Ontario. Cordelio will continue to manage the Denfield assets for the newly formed partnership. “We’re excited to partner and share best […] Read more
The Case For Battery Storage- A UK View Updated On Wed, Jan 13th, 2021 by Saurenergy A report by partners at LCP LLP, a UK based advisory firm, picks on battery storage as an investment opportunity. Its an interesting pointer to the possible future in the UK and also in India at some stage, although the Indian case would be a possibility after some major reforms and deregulation. But as a […] Read more
Total and Engie to Develop France’s Largest Renewable Hydrogen Site Updated On Wed, Jan 13th, 2021 by Saurenergy Total and Engie have signed a cooperation agreement to build and operate France’s largest renewable hydrogen production site Total and Engie have signed a cooperation agreement to design, develop, build and operate the Masshylia project, France’s largest renewable hydrogen production site at Châteauneuf-les-Martigues in the Provence-Alpes-Côte d’Azur South region. Located at the heart of Total’s […] Read more
Sterlite Power Completes Merger of Subsidiary; Announces Annual Results Updated On Wed, Jan 13th, 2021 by Saurenergy Sterlite Power has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures with the parent entity. Sterlite Power, a leading global power transmission player, has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures Ltd. with the parent entity. With this merger, the company further […] Read more
BYD Wins the Largest Pure-Electric Bus Order outside of China Updated On Tue, Jan 12th, 2021 by Saurenergy Electronics, automobiles, new energy, and rail transit hi-tech company, BYD has announced that it has won cumulative orders to supply 1,002-unit pure-electric buses (E-buses) to the capital of Colombia, Bogotá. This is the largest order for pure-electric buses outside of China the firm has received to date, which sets a new record in sales volume […] Read more
cKers Finance Ties Up with OTO Capital, Promoting E2Ws in India Updated On Tue, Jan 12th, 2021 by Saurenergy cKers Finance, a ‘sustainable energy finance firm” yesterday announced its debt financing tie-up with OTO Capital, a finance startup for two-wheelers, for its electric two-wheelers (E2Ws) leasing program in India. cKers has set-up an initial line of INR 30 million for OTO. OTO will use this facility to purchase E2Ws in India, which will then be […] Read more
4th Deadline Extension for SECI’s EOI for RE Solutions in Himalayas Updated On Tue, Jan 12th, 2021 by Saurenergy SECI extends the EOI deadline for its call for RE solutions for meeting energy requirements in remote areas of the Himalayas for the 4th time. The Solar Energy Corporation of India (SECI) has issued a notification, extending the deadline for submission of Expression of Interest (EOI) for its call for renewable energy (RE) based solutions/ system/ […] Read more
IndiGrid Completes Acquisition of RInfra Stake in PKTCL for Rs 900 Cr Updated On Mon, Jan 11th, 2021 by Saurenergy RInfra has successfully completed the sale of its entire 74 percent equity stake in PKTCL to IndiGrid for an enterprise value of Rs 900 crore Reliance Infrastructure Limited (RIL) has announced that it has successfully completed the sale of its entire 74 percent equity stake in Parbati Koldam Transmission Company Limited (PKTCL) to India Grid […] Read more
Sterlite Power Raises Rs 200 Crore, Focus on Greening the Grid Updated On Mon, Jan 11th, 2021 by Saurenergy Sterlite Power has raised Rs 200 crore in debt financing from Allianz GI, representing the firm’s 1st infrastructure sector deal in India. Sterlite Power, a leading global power transmission player, has announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – a leading investment managers firm with […] Read more
