Prosus & South Pole Sign Deal with Innovative New Climate Finance Instrument Updated On Thu, Nov 10th, 2022 by Saurenergy Global technology investor Prosus and South Pole (top provider of climate solutions) have joined forces to use the new D-REC market tool to deliver distributed renewable energy projects in response to growing calls for greater corporate climate action at COP27. High social impact projects in South Africa and India will be their main priorities. Prosus […] Read more
MSEDCL Gives LoA to TPREL for Setting up 150 MW Solar Plant in Maharashtra Updated On Thu, Nov 10th, 2022 by Saurenergy The Maharashtra State Electricity Distribution Corporation Limited (MSEDCL) has awarded the “Letter of Award” (LoA to TPREL) to Tata Power subsidiary Tata Power Renewable Energy for the construction of a 150 MW solar project in Solapur. According to a statement released by Tata Power, the project will be put into service within 18 months of […] Read more
Bank Of America, Crossboundary Partner for RE Expansion Across Africa Updated On Thu, Nov 10th, 2022 by Saurenergy Renewable energy players, governments and financial institutions are leaving no stone unturned to expand the deployment of RE through pacts and agreements on the sidelines of COP-27. African renewable energy conglomerate CrossBoundary Energy has announced in Sharm el-Sheikh, Egypt at the COP27 about their intention to explore financing solutions with Bank of America to rapidly […] Read more
FTC Solar’s Clamping Solution for First Solar Modules Enables Rapid Installation Updated On Thu, Nov 10th, 2022 by Saurenergy Austin-headquartered FTC Solar, Inc., a leading provider of solar tracker systems, software, and engineering services, has said that it has developed a novel clamping solution that enables rapid installation of First Solar Series 6 and Series 6 Plus modules. In an official statement, FTC Solar has announced that to support First Solar’s unique thin-film module […] Read more
At COP27, UAE And Egypt Agree to Build One of the Largest Wind Farms Updated On Thu, Nov 10th, 2022 by Saurenergy An agreement to build one of the largest onshore wind projects in the world in Egypt was signed recently in the presence of the Presidents of the United Arab Emirates (UAE) and Egypt, according to a formal statement. As per the statement, the agreement was signed by Masdar, a company that develops renewable energy in […] Read more
France’s Sonnedix Makes Inroads into Portugal with Acquisition of 262MWp Solar Portfolio Updated On Wed, Nov 9th, 2022 by Saurenergy Sonnedix, an international Renewable Energy Producer (REP), has officially expanded into Portugal with the acquisition of a 262 MWp solar PV portfolio. The portfolio consists of seven ground-mounted projects under construction or late-stage development with a cumulative capacity of 262MWp throughout the country. During its first year of operation, these projects are expected to produce […] Read more
ReNew Power Gets Green Project Finance of Rs 800 Cr from Bank of America Updated On Wed, Nov 9th, 2022 by Saurenergy ReNew Power has received a loan/ green project finance from Bank of America totaling roughly Rs 800 crore, the lender’s first local project financing agreement in the renewable energy industry after a protracted absence. The company will benefit from cheaper funding costs thanks to the five-year green loan facility in rupees, as the money will […] Read more
Vivek Reddy Joins Telangana’s BikeWo as Co-Founder & CEO Updated On Wed, Nov 9th, 2022 by Saurenergy BikeWo, an electric two-wheeler brand with headquarters in Telangana, recently announced the appointment of Vivek Reddy as Co-Founder & CEO. Vivek has a wealth of experience in the infrastructure, energy, and environmental sectors. He has participated in the negotiation of several strategic agreements for large-scale renewable and non-renewable projects, both domestically in India and abroad […] Read more
Three Firms That Have Surprised Us With Their Plunge Into EV Charging Updated On Wed, Nov 9th, 2022 by Saurenergy The EV charging business–fueling a car with electric power rather than petroleum-based gas or diesel – has always been a loss for oil companies who are being dragged into the electric future. It may not be that way anymore. With an increase of EVs on roads, many old industrial mammoths, especially major oil firms, are […] Read more
