Recurrent Energy Gets Financing for 119 MW Solar Project in Mexico Updated On Wed, Mar 6th, 2024 by Saurenergy Recurrent Energy, a subsidiary of solar and energy storage assets company Canadian Solar Inc. announced that it has closed non-recourse project financing for its 119 MW Horus Solar project in the region of Aguascalientes, Mexico. Recurrent owns 49 percent of the Horus Solar project, while Korea Electric Power Corporation (KEPCO) and Sprott own 15 percent […] Read more
GoodWe Expands India Footprint With Appointment Of Antyodaya Ujas as Authorized Partners Updated On Tue, Mar 5th, 2024 by Saurenergy GoodWe India has announced a strategic partnership with Antyodaya Ujas, a key player in West Bengal’s Renewable Energy Sector. This collaboration marks a significant leap forward in amplifying GoodWe’s footprint in the Indian Solar Market. Antyodaya Ujas, as the Authorized Distributor, will play a pivotal role in the promotion and distribution of GoodWe’s extensive range […] Read more
UK-Based Hive Energy Acquires 272 MW Polish Project Updated On Tue, Mar 5th, 2024 by Saurenergy UK-headquartered renewable energy developer Hive Energy, has completed the acquisition of four early-stage solar projects from Polish developer, T&T Proenergy. The projects totaling 272MW from Polish developer T&T Proenergy. The projects will be co-developed to Ready to Build status. The companies have an ongoing development agreement for a portfolio of photovoltaic projects with a minimum […] Read more
Matrix Gas & Renewables Raises Rs 350 Crore In Pre-IPO Round Updated On Tue, Mar 5th, 2024 by Saurenergy Gensol Group Company, Matrix Gas & Renewables Limited, has raised Rs 350 crore in the pre-IPO round. With the current capital raise, Matrix is now well positioned to accelerate its growth initiatives towards expanding market share for the gas aggregation business, acquiring City Gas Distribution (CGD) assets, and funding the ongoing capital expenditure plan. This […] Read more
Wind Analyst Updated On Tue, Mar 5th, 2024 by Saurenergy The Analyst will assist the project managers and lead aspects of project execution including staffing plan development, analysis and engineering, schedule and deliverables, and quality management. The Analyst will support and lead both on-the-job and classroom training efforts for less experienced team members. Responsibilities:- Project execution: Support project managers in execution of projects. Lead aspects […] Read more
The Return of Reverse Auctions For Wind Energy- Bad News Or Normalcy ? Updated On Tue, Mar 5th, 2024 by Saurenergy Following reports that the government has instructed leading PSU energy developers to return to the reverse auction mechanism for wind energy tenders, SaurEnergy tried to check the veracity of the claim. Without coming on record, it appears that a communication has been sent to that effect, to NTPC, SJVN, NHPC and of course SECI, which […] Read more
Rays Power Infra Acquires 520 MW Solar Projects In Assam, Gujarat Updated On Tue, Mar 5th, 2024 by Saurenergy Renewable Energy sector company, Rays Power Infra announced it has acquired three significant solar projects with a combined capacity of 520MWp. The company’s latest ventures into the renewable markets of Gujarat and Assam mark its operational expansion to 14 states throughout India. “These projects are a testament to the company’s expanding influence and commitment to […] Read more
Jindal Stainless Plans Rs 700 Crore Investment In Renewable Projects: Report Updated On Tue, Mar 5th, 2024 by Saurenergy Stainless steel company Jindal Stainless Ltd (JSL) will invest Rs 700 crore over the course of the next three years regarding renewable energy projects. According to media reports, this will be done to reduce its carbon footprint, including the embedded emissions across its offerings. Media reports quoting Abhyuday Jindal, Managing Director, JSL, stated that investments […] Read more
Energy Tech Platform Urja Sathi Raises Seed Funding Of Rs 35 lacs Updated On Tue, Mar 5th, 2024 by Saurenergy Lucknow-based Urja Sathi, a sustainable energy-tech platform for buying and selling renewable energy solutions in India, has raised seed funding of INR 3.5 Million from entrepreneurs-cum-investors Ankitt Jain and Sharlee Jain. This marks Urja Sathi’s maiden fundraising round; prior to this, the startup had remained bootstrapped since its inception in 2023. Urja Sathi claims to have launched India’s […] Read more
