Adani Boosts RE Association With Gallery At London Science Museum Updated On Wed, Oct 20th, 2021 by Saurenergy The prestigious Science Museum in London has announced a landmark new gallery on Tuesday, which will examine how the world can undergo the fastest energy transition in history to curb climate change, with a subsidiary of the Adani Group being the title sponsor. Energy Revolution: The Adani Green Energy Gallery is supported with title funding […] Read more
EV Financing Platform Revfin Raises $4 Million In Pre-Series A Funding Updated On Wed, Oct 20th, 2021 by Saurenergy Revfin, a digital e-mobility consumer lending platform underwriting financially excluded and underserved segments, has raised $4m (Rs 30 crores) in a pre-series A funding round with both equity and debt. This fund raise will help the firm fast-track the adoption of EV solutions among the low-income consumers in the country. The funds raised will be […] Read more
Fotowatio Sells 49% In Australia Arm To OMERS Infrastructure Updated On Mon, Oct 18th, 2021 by Saurenergy Fotowatio Renewable Ventures (FRV), a leading Spanish developer of utility-scale renewable energy projects and part of Abdul Latif Jameel Energy, have today announced the sale of a 49% interest in FRV Australia Group to OMERS Infrastructure (the “Transaction”). Under the terms of the Transaction, OMERS Infrastructure will acquire a 49% interest in FRV’s Australian renewable energy platform, […] Read more
Odds of Relief for Large Solar Developers In India Continue To Increase Updated On Wed, Oct 13th, 2021 by Saurenergy Weeks after iterating his goal to push domestic manufacturing using every tool at his command, Power and MNRE Minister R.K. Singh faces a stiff test of resolve. The ‘perfect storm’ of events that was considered all but impossible till 12 months ago has come to pass, and the government will soon need to take a […] Read more
ReNew Power Targets 18GW Capacity by 2024-25, from 6.4GW at Present Updated On Wed, Oct 13th, 2021 by Saurenergy To lead India’s energy transition and global green energy transformation, ReNew aspires to have 18 GW of operational capacity by FY’25, said Gurugram-based ReNew Power in a statement released yesterday. The company’s current operating capacity stands at 6.4 GW. ReNew expects to have its 10.2 GW portfolio operational by the end of FY’23 which also includes […] Read more
Co-Investing and Developing Green Technologies Only Pathway For India To Achieve Net Zero: Report Updated On Wed, Oct 13th, 2021 by Saurenergy India’s net zero goals, where the country has firmly resisted any pressure to provide a deadline, was the focus of a report by the Council on Green Energy and Water (CEEW). The report posits that India’s total installed solar power capacity would need to increase to 5630 gigawatt (GW) if it were to commit to […] Read more
IREDA Disburses Rs 1100 Crore To Vector Green In 45 Days Updated On Wed, Oct 13th, 2021 by Saurenergy The Indian Renewable Energy Development Agency (IREDA) has disbursed a loan of Rs 1100 crores to Mumbai-based Vector Green Energy, which is focused on solar and wind power. Highlighting the size and speed of disbursal, IREDA said that it is the highest-ever disbursement to a single company in a day by the organisation. Even as IREDA […] Read more
CCE Group, Enernovum Secure Funds for 600MW Solar Portfolio in Italy Updated On Tue, Oct 12th, 2021 by Saurenergy A joint venture of CCE Group and Enernovum called CCE Solar Invest has secured finance for a portfolio of 14 solar farms totalling 600MW in Italy. The three-year loan from Kommunalkredit Austria is for projects in the Lazio, Tuscany and Apulia regions. It has been granted for the purpose of obtaining authorisation and pursuing the relevant […] Read more
Bill Gates Backed Iron Battery Firm ESS Listed on NYSE Updated On Tue, Oct 12th, 2021 by Saurenergy Large Battery firm ESS, with its listing on the New York Stock Exchange (NYSE), can now claim to be the first publicly traded long duration storage company in the world. The firm, which went public through a SPAC (Special Purpose Acquisition Company) with Acon S2 Investment Corp. has started trading on the New York Stock […] Read more
