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US based Hecate Energy Closes $550 Million Financing Package For Green Ambitions

Hecate Energy, a leading developer of renewable power projects and energy storage solutions in the United States, today announced the recent close of a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit (“LC”) facility to support further expansion of its solar and energy storage project pipeline. The new credit facilities […]

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GameChange Solar bags 2.3GW Worth Solar Tracker Deals In Florida, US

GameChange Solar announced today that the company has been awarded a group of projects totaling 2.3 GW in the U.S. state of Florida. These systems include sites designed for wind gusts of 241 km per hour. Derick Botha, Chief Commercial Officer of GameChange Solar, said: “The ability of our robust Genius Track™ system to survive wind […]

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CSIR-IICT, Hyd & Luminous Power Technologies Join Hands to Develop Sustainable Battery

Gurugram based firm for energy storage solutions for solar and inverter applications, Luminous Power Technologies Pvt. Ltd., and CSIR-Indian Institute of Chemical Technology, (CSIR- IICT), Hyderabad, have joined hands to develop a Rechargeable Aluminium Battery (RAB). CSIR-IICT delves into the development of materials used in alternate battery chemistries as next-gen technologies. An MOU was signed […]

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Lubi EV Solutions Wants To Step Foot Into Battery Swapping Station Business

 Intersolar 2022, held at Gandhinagar, Ahmedabad, saw participation from a large number of leaders in the solar industry, even though the numbers fell drastically when compared to last year owing to the ongoing Gujarat Assembly Elections. Saur Energy International spoke to Paritosh Oza, General Manager, Sales & Marketing, Lubi EV Solutions at the exhibition […]

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IRA to Swell US Renewables Investment to $114 Billion: Wood Mackenzie

A new report by Wood Mackenzie says that the Inflation Reduction Act (IRA), a Biden law that accelerates renewables and decarbonisation in the US, will significantly boost annual investment into renewable energy deployment in the region. It said that a rise from $64 billion in 2022 to nearly $114 billion is expected by 2031. The […]

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View From WFES-India Risks Falling Behind In Solar and Other Renewables Push

At the World Future Energy Summit in Abu Dhabi, it was interesting to hear the views of delegates, both Indian and foreign when it came to the market attractiveness of India for renewable energy. While there is zero doubt about the emergence of the country as a renewable energy powerhouse that has even pushed many […]

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Association of Renewable Energy Agencies of States & Industry Body CMAI Join Hands

Industry body Carbon Markets Association of India (CMAI) and Association of Renewable Energy Agencies of States (AREAS) have forged a partnership. They have joined hands to share knowledge and information on developments that are policy and regulations related. The two will work together for making progress in the carbon market and to encourage the set […]

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