IKEA Parent Company Acquires 49% Stake in 2 US Solar Projects Updated On Tue, Sep 17th, 2019 by Saurenergy Ingka Group, the strategic partner to IKEA, has reached an agreement with CIP to acquire a 49 percent stake in two solar PV projects in Utah and Texas. Ingka Group, the strategic partner to the IKEA franchisee system, has reached an agreement with Copenhagen Infrastructure Partners (CIP) to acquire a 49 percent stake in two […] Read more
Total, Envision JV to Take on Distributed Solar Energy Market in China Updated On Mon, Sep 16th, 2019 by Saurenergy Total and Envision have partnered to develop on-site distributed generation solar projects for B2B customers in China. TEESS, a 50/50 joint venture company, established by French multinational integrated oil and gas company Total and the Envision Group, a global leading smart energy technology company, has announced the launch of its commercial activity to develop on-site […] Read more
HPCL Floats Tender for 980 kW Solar Plants at 2 Terminals Updated On Mon, Sep 16th, 2019 by Saurenergy HPCL has tendered for setting up of 980 kW solar projects at two of its terminal in Secunderabad and Bhatinda. Hindustan Petroleum Corporation Limited (HPCL) has issued a tender for setting up of solar PV systems worth a cumulative 980 kW at two of its terminal in Secunderabad, Telangana and Bhatinda, Punjab. The scope of […] Read more
Evolution II Fund Reaches Final Close at $216 Million Updated On Mon, Sep 16th, 2019 by Saurenergy Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […] Read more
Tender for Solar Projects Worth 600 kW Issued in Rajasthan Updated On Thu, Sep 12th, 2019 by Saurenergy The Bhilwara Milk Union has issued a tender for setting up of solar projects worth 600 kW under RESCO model in Rajasthan. The Bhilwara Milk Union has issued a tender for setting up of solar PV power projects worth 600 kW under RESCO model on the vacant rooftops and grounds at the Bhilwara Zila Dugdh […] Read more
IAN Fund Invests Rs 12.4 Crore in Solar Panel Cleaning Solutions Firm Updated On Thu, Sep 12th, 2019 by Saurenergy The IAN Fund has led an investment worth Rs 12.4 crore in Pune-based solar panel cleaning solution startup Nocca Robotics. The IAN Fund, a seed fund worth Rs 375 crore, has led an investment amounting to Rs 12.4 crore in Pune-based solar panel cleaning solution startup Nocca Robotics. The investment also saw participation from prominent […] Read more
EDP Issues EUR 600 Million Green Bond Updated On Thu, Sep 12th, 2019 by Saurenergy EDP has priced an issuance of green bonds of € 600 million, the proceeds of which will be used for the financing or refinancing its green project portfolio EDP Finance BV has priced an issuance of a green bond in the total amount of EUR 600 million maturing in September 2026 with a coupon of […] Read more
Renault to Launch Budget-Friendly Kwid Electric in India Updated On Wed, Sep 11th, 2019 by Saurenergy Renault is set to launch its Kwid EV that could fill the gap for an affordable, functional and aesthetic electric car in India. French carmaker Renault is bringing a new electric hatchback. Renault Kwid EV has already been launched in China as City K-ZE, and it costs less than $8,700 (Rs. 6,23,000). Its relatively cheap entry […] Read more
US Residential Storage Market Sees Record Growth in Q2 2019 Updated On Wed, Sep 11th, 2019 by Saurenergy A new analysis has revealed that a record 35 MW of residential storage was deployed in the US in Q2 of 2019, more than in any other quarter on record A new analysis has revealed that a record 35 megawatts (MW) of residential storage was deployed in the US in the second quarter (Q2) of […] Read more
