India to be Electricity-Based Economy Eventually: RK Singh Updated On Tue, Feb 25th, 2020 by Saurenergy Power Minister RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power usage for cooking and running vehicles Union Minister of Power and New & Renewable Energy RK Singh has said that India is on route to becoming an electricity-based economy, as it embarks on power […] Read more
KEC Expands Global Footprint; Acquires Transmission Tower Mfg Unit in Dubai Updated On Mon, Feb 24th, 2020 by Saurenergy RPG Group flagship firm KEC International (KEC), through its arm KEC Towers LLC, has acquired an automated transmission tower manufacturing facility in mainland Dubai, United Arab Emirates (UAE). The global infrastructure Engineering, Procurement and Construction (EPC) major has won Dubai-based facility, with a capacity of 50,000 tons p.a., in an auction sale conducted by the Emirates Auction Authority. The BSE-listed company […] Read more
Leclanché Secures $65 Mn Loan Facility to Expand Operations Updated On Mon, Feb 24th, 2020 by Saurenergy Leclanché has signed an agreement with Yorkville Advisors for an unsecured convertible loan facility with a maximum ceiling of USD 40 million. One of the world’s leading energy storage companies Leclanché has signed an agreement with Yorkville Advisors Global, a New Jersey-based investment firm providing for an unsecured convertible loan facility with a maximum ceiling […] Read more
Americas Wind Installations Rise 12% in 2019 With 13.4 GW Updated On Fri, Feb 7th, 2020 by Saurenergy New data shows the Americas and the Caribbean installed 13.4 GW capacity of onshore wind power in 2019, an increase of 12 percent on the previous year The latest data released by the Global Wind Energy Council (GWEC) shows North, Central and South America and the Caribbean installed 13,427 MW (13.4 GW) capacity of onshore […] Read more
Generate Raises $1 Bn to Scale Renewable, Sustainable Infra Platform Updated On Wed, Feb 5th, 2020 by Saurenergy Generate (formerly Generate Capital) has announced that it has secured more than $1 billion in funding to continue to scale its renewable and sustainable infrastructure fleet Generate has announced that it had secured more than USD 1 billion in funding to continue to scale its renewable, sustainable infrastructure fleet. New investors include some of the […] Read more
Evergy to Reduce Emissions by 80%, Adds 660 MW Wind Energy to Portfolio Updated On Fri, Jan 31st, 2020 by Saurenergy Evergy has announced that it will expand its wind energy portfolio by 660 MW, and reduce carbon output by 80 percent below 2005 levels by 2050. Evergy, an American investor-owned utility operating in Kansas, has announced with the Kansas Gov. Laura Kelly that it will expand its wind energy portfolio by 660 MW, and reduce […] Read more
Yellow Door Energy Signs two Agreements With Saudi Arabia’s APICORP Updated On Thu, Jan 30th, 2020 by Saurenergy Yellow Door Energy will install solar panels at APICORP’s headquarters in Dammam and retrofit the building with energy-efficient technologies. In line with its commitment to promote long-term sustainability and green initiatives, the Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, have announced that it signed two agreements with Yellow Door Energy (YDE), a […] Read more
EESL Signs MoU With BHEL to set up Public EV Charging Network Across India Updated On Thu, Jan 30th, 2020 by Saurenergy EESL has signed an MoU with BHEL to set up a network of Public Charging Infrastructure for EV at various highways across the country. Energy Efficiency Services Limited (EESL), a joint venture under Ministry of Power has signed a Memorandum of Understanding (MoU) with Bharat Heavy Electricals Limited (BHEL), one of the largest engineering and […] Read more
Foresight Closes Sustainable Energy Infrastructure Fund at €342 Mn Updated On Wed, Jan 29th, 2020 by Saurenergy Foresight Group has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Foresight Group, a leading infrastructure and private equity investment manager, has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Commitments to the Fund have been made […] Read more