Omnidian Secures $33 M to Help Firms Manage Solar Assets Updated On Mon, Sep 27th, 2021 by Saurenergy Seattle-based Omnidian, which provides solar system performance plans, has secured a $33 million Series B capital raise in a round that Activate Capital led. Additional round participants included Liberty Mutual Insurance and WIND Ventures, the strategic venture capital arm of Chilean multinational energy firm Copec, as well as existing investors City Light Capital, IA Capital, […] Read more
Enpal Raises €345 M for New Solar Projects in Germany Updated On Mon, Sep 27th, 2021 by Saurenergy To accelerate the development of solar energy in Germany, solar solutions provider Enpal has secured debt commitments of €275 million from internationally leading investors BlackRock, Pricoa Private Capital (the private capital business of PGIM), and UniCredit in its recent round of fundraising. In addition, further institutional commitments of €70 million were signed in the form […] Read more
Chennai Central Turns Solar Central Updated On Mon, Sep 27th, 2021 by Saurenergy The Puratchi Thalaivar Dr. M.G. Ramachandran Central or Chennai Central railway station, under the South Central Railway (SCR), has met the 100% day energy requirement target by solar panels installed on the platform shelters of the station. Informing about the same, Union railway minister Ashwini Vaishnaw tweeted, “100% Day energy requirement of Chennai Central Station […] Read more
Wary of China, Quad Nations To Focus on Solar Supply Chain Updated On Mon, Sep 27th, 2021 by Saurenergy The United States, Japan, India and Australia will work to improve the security of supply chains for critical technologies such as clean energy and to ease a global semiconductor shortage, said Australia’s Prime Minister Scott Morrison. The Quad nations, in their first in-person summit on Friday in Washington, agreed on a partnership to secure critical […] Read more
Solar Boats To Be Deployed on Kochi-Muziris Heritage Tours Updated On Mon, Sep 27th, 2021 by Saurenergy The Cochin International Airport Ltd (CIAL) on Sunday signed a Memorandum of Understanding with the Muziris Heritage Project Ltd. for using its solar boats for the tours conducted in Kochi-Muziris heritage tourism circuit. As per the MoU signed by CIAL Managing Director S Suhas IAS and Muziris Heritage Project Managing Director P M Nowshad, the […] Read more
Singareni Collieries Launches 37 MW Solar Plant in Telangana Updated On Fri, Sep 24th, 2021 by Saurenergy State-owned Singareni Collieries Company Limited (SCCL) inaugurated 37 megawatts solar plant at Kothagudem in Telangana on Wednesday. Total 300 megawatts solar plants are being erected throughout Singareni, out of which 172 megawatts plants have already been completed and generating solar power, said Singareni Collieries, which is the first coal company to enter into the solar […] Read more
Russia Selects 775 MW Solar PV Capacity in Latest RE Auction Updated On Fri, Sep 24th, 2021 by Saurenergy Russian trading system administrator JSC ATS has announced the results of renewable energy auction that came to a close on September 9, 2021. A total of 774.8 MW (rounded up to 775 MW) solar PV capacity has made the cut. The capacity of 18 winning solar power projects ranges between 8.47 MW to 60 MW, with […] Read more
Solar Manufacturer Premier Energies Raises INR 200 crore Private Equity Updated On Fri, Sep 24th, 2021 by Saurenergy Premier Energies, a leading Solar PV Cells & Module manufacturing company, today announced a Private Equity investment of Rs 200 crores in the company by GEF Capital Partners, a global private equity manager focused on investing in climate solutions. Premier Energies will use the funds as growth capital to enhance its solar PV cell and […] Read more
White House Backs Plan for Renewable Energy Industry Tax Partnerships Updated On Fri, Sep 24th, 2021 by Saurenergy The White House is backing a plan by House of Representatives Democrats to let renewable energy firms form tax-advantaged partnerships that the oil and gas industry has used for decades to build out the U.S. pipeline and storage infrastructure, according to recent reports in the media. The expansion would allow the renewable energy industry – […] Read more