ReNew Repays Over $1 Billion to Offshore Bondholders in FY 2023 Updated On Wed, Mar 29th, 2023 by Saurenergy Gurugram-based clean energy firm ReNew Energy Global Plc has revealed that it has repaid more than $1 billion to its offshore bondholders in FY 2023. The repaid amount entails the most recent amortisation of $180 million in March 2023. “In today’s fast-paced global business environment, firms must be very strategic in financing for the growth […] Read more
Avendus Capital Places India’s Renewable Investment Opportunity At $25 Billion Per Annum Updated On Wed, Mar 29th, 2023 by Saurenergy Avendus Capital, India’s largest Investment Banking franchise, has released a new research report on energy transition and clean energy investment in India, in collaboration with Clean Energy Pipeline, an independent research firm based in the UK. According to the study, the Indian energy transition landscape is expected to undergo a sea change over this decade […] Read more
We are exploring USA, Europe and Africa markets for exports too: Hiten Parekh, CBO, Navitas Solar Updated On Tue, Mar 28th, 2023 by Saurenergy Surat-based solar module manufacturing company, Navitas Solar has onboarded Hiten Parekh as its Chief Business Officer. Parekh’s professional experience includes 24 years spent in both India and abroad in various industries. He has ten years of industry experience in the solar sector. His perseverance in the solar industry, has earned Parekh the reputation of top […] Read more
Southeast Asia Needs US$200bn for Swift Energy Transition by 2030: IEA Updated On Tue, Mar 28th, 2023 by Saurenergy The International Energy Agency (IEA) in its latest report has noted that Southeast Asia will need at least US$200bn worth of investment in the energy sector by 2030 to speed up their clean energy transition. As per reports, the investments in renewables need more impetus with sufficient policies to support the development of robust project […] Read more
LONGi Steps Up Efforts to Bolster Renewables Biz in Singapore, Indonesia Updated On Mon, Mar 27th, 2023 by Saurenergy Global solar module manufacturer LONGi has said that it will be key to facilitate renewable energy cooperation between the South East Asian countries of Singapore and Indonesia. An MoU on renewable energy cooperation has been signed by Luhut Binsar Pandjaitan, Indonesia’s Coordinating Minister for Maritime Affairs and Investment, and Teo Chee Hean, Singapore’s Senior Minister […] Read more
Gautam Solar’s Solar Modules that Promise Lower Installation Cost for Developers & EPC Updated On Mon, Mar 27th, 2023 by Saurenergy Solar module manufacturer Gautam Solar has filed a patent and design registration for innovation in solar panels. These reduce the installation cost of solar power plant at utility and rooftop scale. The firm claims that the innovation in solar modules halves the number of fasteners used during the installation of solar power plants. At megawatt […] Read more
Tokyo Electric Power Company Holdings to Develop 1.9 GW Offshore Wind in Scotland Updated On Mon, Mar 27th, 2023 by Saurenergy Just when many conventional energy and power firms of the world go honking for renewables, Tokyo Electric Power Company Holdings (TEPCO) has announced that it will be developing up to 1.9 GW of floating offshore wind energy in Scotland. TEPCO has secured rights to develop two separate floating offshore wind farms and it intends to […] Read more
Germany’s RWE Operationalises 342 MW Kaskasi Offshore Wind Farm Updated On Mon, Mar 27th, 2023 by Saurenergy Global renewable energy company RWE has announced that it has commenced the Kaskasi wind farm located 35 kilometres north of Heligoland Island, Germany. The official statement held that it was done in the presence of Robert Habeck, German Federal Minister for Economic Affairs and Climate Action. With an installed capacity of 342 MW, the Kaskasi […] Read more
LG Energy Solution (LGES) to Build $5.5bn Battery Plant in Arizona Updated On Mon, Mar 27th, 2023 by Saurenergy LG Energy Solution (LGES) will invest about $ 5.5 billion to construct a battery manufacturing complex in Queen Creek, Arizona. The complex will consist of two manufacturing facilities – one for cylindrical batteries for electric vehicles (EV) and another for lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS). LGES said that this […] Read more
