Origis Energy Announces $750 Million for Solar, Storage Pipeline in USA Updated On Fri, Mar 10th, 2023 by Saurenergy In a key development that would further USA’s renewable energy ambitions, renewable energy platforms Origis Energy has announced the close of an upsizing amendment to their development finance facility doubling capacity to $750 million. Miami-headquartered Origis Energy said that with enhanced flexibility and increased capacity, the credit facility will support further expansion of its solar […] Read more
Silfab Solar Raises $125 Million to Build Third US Cell Factory Updated On Thu, Mar 9th, 2023 by Saurenergy North American PV module manufacturer Silfab Solar has announced a second investment round led by ARC Financial Corporation to help fund the next expansion of Silfab Solar, whose third facility is to open in the United States of America. This will include domestic PV cell and module production. The $125 million investment from energy-focused private […] Read more
Wind Market Blows to 44 GW in Global Orders in Q4 ’22 on Chinese Orders Updated On Thu, Mar 9th, 2023 by Saurenergy As per Wood Mackenzie, in 2022, global wind turbine order intake peaked to new heights. While 44 gigawatts (GW) was procured in Q4, 134.6 GW was recorded for the year. Both the numbers have set new records. Yearly investment touched an estimated $74.2 billion and saw domination in activity by China. As far as the […] Read more
Startup on Smart Grid Applications Probus Smart Things Raises $3 Mn Updated On Thu, Mar 9th, 2023 by Saurenergy Probus Smart Things, a startup on IoT communications and data analytics focused on smart grid applications has raised $3 million. Unicorn India Ventures and Family Office from the US lent support to the startup to raise this amount. The round also saw participation from existing investors. Unicorn India Ventures is a Mumbai-based early stage fund […] Read more
As Inverters Become ‘Smart’ Customers Follow Suit Updated On Mon, Mar 6th, 2023 by Saurenergy Solar inverters, with a share of 3-7% of project cost typically, have always played a far more critical role than the share of costs would imply. As the ‘brains’ behind the plant, the role of the inverter in converting power generated with the highest possible efficiency, in the safest way possible, has been critical for […] Read more
In US, An Aerospace Manufacturing Hub Powered By Solar Micro Grid Updated On Mon, Mar 6th, 2023 by Saurenergy Jackson County, West Virginia in the US saw the top executives of three companies on Saturday break ground on a project on more than 2,000 acres of land. BHE Renewables, a Berkshire Hathaway Energy business, is developing the property into a first-of-its-kind solar energy microgrid-powered industrial site. Precision Castparts Corp. (PCC), a Berkshire Hathaway Inc. […] Read more
Tata Power RE Ltd (TPREL) Gets Second Slice of INR 2,000 Cr Infusion from GreenForest Updated On Thu, Mar 2nd, 2023 by Saurenergy Tata Power Renewable Energy Limited ((TPREL) is set to lead in the renewable business as it has received the second and final round of investment of INR 2,000 crore from GreenForest New Energies Bidco Limited (GreenForest). Tata Power has successfully allotted 20 crores compulsorily convertible preference shares (CCPS) at face value of ₹100 each at […] Read more
Business Associate- Mergers & Acquisition Updated On Wed, Mar 1st, 2023 by Saurenergy As an Business Associate- Mergers & Acquisition you would be a part of the Business Development & M&A team involved in all growth activities in India with a focus on M&A & Greenfield project development across solar, wind & hydro & also in new emerging areas including storage & green hydrogen etc. responsibilities: Assisting the India BD […] Read more
Assistant Manager- Business Development Updated On Wed, Mar 1st, 2023 by Saurenergy Responsibilities:- Assisting the India BD team in research, analysis and evaluation of a variety of investment opportunities in the Indian renewable energy sector (M&A / Greenfield). Assisting in analyzing past and projected financial performance, quality of management teams, investment merits and risks, expected returns, regulatory environment, industry dynamics and other relevant factors, including macroeconomic factors. […] Read more