EBRD Raises Stake in Infinity- Egypt’s Largest RE Provider Updated On Thu, Nov 17th, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has announced that it is increasing its equity stake in Infinity, Egypt’s largest renewable energy developer, through an additional $ 41.5 million commitment. The EBRD is already a shareholder in the company, having invested US$ 60 million in 2020. EBRD said that $41.5 million will support Infinity’s plans […] Read more
Commodity Head Clean Air Updated On Thu, Nov 17th, 2022 by Saurenergy We are looking to hire a resourceful commodity manager to our company. In this role, he will oversee the purchase of commodities, update our inventory strategy, and liaise with suppliers to ensure the stability of our supply chain. He will also ensure that project-approved budget is adhered to. To ensure success as a Commodity Manager, […] Read more
Venture Capital Firm SphitiCap Contributes $9 Million to Corrit Electric’s Series A Funding Updated On Thu, Nov 17th, 2022 by Saurenergy Noida-based fast-growing electric mobility brand, Corrit Electric has secured $9 million in Series A funding from Noida-based founder-focused, early-stage venture capital firm, SphitiCap. Corrit Electric’s investment from SphitiCap will enable it to further its goal of putting 1,50,000 Corrit Electric bikes on the road over the next three years, ramp up its current production plant, […] Read more
Indian Solar PV Mfrs Among Big Wins For Global Water Solutions Provider Gradiant Updated On Thu, Nov 17th, 2022 by Saurenergy Gradiant, a global solutions provider for advanced water and wastewater treatment, has announced awards of $20 million in new contracts in September and October 2022 from India. The awards are for clients in the manufacturing of photovoltaic cells (or solar cells) renewable energy and industrial protective equipment. All three projects will be delivered as design-build […] Read more
EIB, AllianzGI Announce $100 Mn for Renewable Projects at COP27 Updated On Thu, Nov 17th, 2022 by Saurenergy The Emerging Market Climate Action Fund (EMCAF) has announced a $25 million investment into Alcazar Energy Partners II, a fund providing early-stage equity financing to develop, construct and operate renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia. This commitment is in parallel to EIB Global, the dedicated arm for […] Read more
Recessionary Pricing Has Hit Big Global Wind Projects: Rethink Energy Report Updated On Wed, Nov 16th, 2022 by Saurenergy Rethink Energy has come up with a new report which says that it turns out that recessionary pricing has indeed taken its toll on large global wind projects. Rethink Energy said that the wind industry has hit several speedbumps in the last few months, illustrated by the poor results for third quarter of 2022 published […] Read more
JinkoSolar’s TOPCon Module Reaches Highest Conversion Efficiency of 23.86% Updated On Wed, Nov 16th, 2022 by Saurenergy JinkoSolar Holding Co, that claims to be one of the largest and most innovative solar module manufacturers in the world, has announced that the maximum solar conversion efficiency of JinkoSolar’s 182 mm N-type module has reached 23.86%, refreshing the record of 23.53% for N-type module, also set by JinkoSolar, in July 2021. JinkoSolar said that […] Read more
Trina Solar Announces 28.79 GW Module Shipments in Q3, Launch of New Modules Updated On Wed, Nov 16th, 2022 by Saurenergy Trina Solar, a leading Chinese brand that delves into the development of PV products, EPC and O&M, has announced module shipments worth 28.79 GW in the third quarter of the year. The cumulative capacity of tracker shipments stood at 2.8GW. In August 2022, Trina Solar had recorded module shipments of 18.05 GW in the first […] Read more
PV Inverter Brand GoodWe’s India Solar Story Continues With New Projects Updated On Wed, Nov 16th, 2022 by Saurenergy A top name in the world of PV inverters and energy storage solutions manufacturing globally, China-based GoodWe continues to make an impact in India. Each new local project in India installed by the firm goes to add to its portfolio and reputation as a dependable partner.. Take the 4 MW Lemzon Granito utility project in […] Read more