Fortum Divests 500 MW Indian Solar Assets To Investor Actis Updated On Wed, Jun 23rd, 2021 by Saurenergy Actis, the global emerging markets investment firm focused on the private equity, energy, infrastructure, and real estate asset classes is acquiring 500 MW assets of Finnish firm Fortum in India. The news was first reported in business daily, Economic Times. Actis has a growing portfolio of investments across Asia, Africa, and Latin America and US$12 […] Read more
JinkoSolar’s Subsidiary to Invest RMB315 million in Polysilicon Production Line Updated On Tue, Jun 22nd, 2021 by Saurenergy Leading solar module manufacturer, JinkoSolar Holding Co., Ltd., yesterday announced its holding subsidiary, Shangrao JinkoSolar Industry Development Co., Ltd. plans to invest RMB 315 million (China’s official currency) equivalent to USD 48.4 million (Rs 360 crores approx) of monetary capital to increase capital and shares in Inner Mongolia Xinte Silicon Materials Co., Ltd. Inner Mongolia […] Read more
Yinson Partners with Verano For 800MW Solar Projects in Latin America Updated On Tue, Jun 22nd, 2021 by Saurenergy Chile-based renewable energy project developer Verano Capital, and Yinson Renewables Pte Ltd, a global solar IPP and part of Yinson Holdings Berhad group, have agreed to collaborate on renewable energy projects in Chile, Colombia and Peru. The collaboration initially targets to build a pipeline of over 800MW of utility-scale solar projects, of which 330MW are […] Read more
ACME Signs Deal With Brookfield Renewable for 450MW Solar Project Updated On Tue, Jun 22nd, 2021 by Saurenergy One of the largest solar power developers in India, ACME Solar Holdings Ltd. has announced signing a deal with Brookfield Renewable, an owner and operator of renewable assets, for a 450 MW solar power project in Rajasthan, India. Brookfield Renewable is one of the world’s largest investors in renewable power, with approximately 21,000 megawatts of […] Read more
Hindustan Zinc Bags CII’s Award For 22 MW Solar Plant Updated On Tue, Jun 22nd, 2021 by Saurenergy One of the leading Indian zinc-lead and silver producers, Hindustan Zinc has won the ‘Best Application & Uses of Renewable Energy (Large Project)’ award at the 5th Edition of the CII National Energy Efficiency Circle Competition 2021 for its Rampura Agucha Mine’s 22 MW solar plant, based in Udaipur, Rajasthan. Hindustan Zinc, a Vedanta Group […] Read more
PTT’s Power Arm To Invest $635 Million In Renewable Energy Across Asia Updated On Mon, Jun 21st, 2021 by Saurenergy Global Power Synergy, the power unit of Thailand’s state-owned oil and gas group PTT, will invest 20 billion baht equivalent to USD 635 million, in renewable energy assets across Asia including India and China. Global Power Synergy announced that it will be borrowing up to USD 635 million from parent PTT for investment chiefly in […] Read more
EQT Makes Voluntary Takeover bid for Spanish Solar Developer Solarpack Updated On Fri, Jun 18th, 2021 by Saurenergy A global investment organization, EQT Infrastructure has announced a voluntary takeover bid for 100 percent of the share capital of Solarpack Corporación Tecnológica, S.A, a Getxo-based developer and owner of solar PV plants, mainly active in Spain, Chile, and India. Before the announcement, EQT Infrastructure has signed permanent agreements with the Vendor Shareholders (Beraunberri, S.L., […] Read more
Tata Motors & Tata Power Inaugurate India’s Largest Solar Carport in Pune Updated On Fri, Jun 18th, 2021 by Saurenergy Tata Motors and Tata Power today jointly inaugurated India’s largest grid-synchronized, behind-the-meter solar carport at the Tata Motors car plant in Chikhali, Pune. The 6.2 MWp solar carport deployed by Tata Power will generate 86.4 lakh kWh of electricity per year and is estimated to reduce 7,000 tons of carbon emissions annually and 1.6 lakh tons […] Read more
US Solar Capacity Surpasses 100 GWs with 58% Electricity Generation Updated On Fri, Jun 18th, 2021 by Saurenergy The US solar market has surpassed the 100 gigawatts (GWs) of installed electricity generation capacity, which marks the doubled size of the industry over the past 3.5 years, says a report entitled ‘U.S. Solar Market Insight Q2 2021’. According to the report released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, the solar […] Read more
