Maxeon Announces Closing of the Full Exercise of Greenshoe Option in its Public Offering Updated On Tue, Apr 27th, 2021 by Saurenergy Maxeon Solar Technologies, Ltd. (“Maxeon”) today announced that, in connection with its previously announced public offering of 6,944,445 ordinary shares, the underwriters have fully exercised their option to purchase an additional 1,041,666 ordinary shares (the “Option Shares”) at a public offering price of $18.00 per share. The issuance and sale of the Option Shares closed today. Maxeon intends […] Read more
Vitol buys 10% stake in Norway’s Green Hydrogen producer Gen2 Energy Updated On Tue, Apr 27th, 2021 by Saurenergy Vitol, the world’s biggest independent oil trader, has announced its acquisition of a 10% equity interest in Gen2 Energy, a Norwegian green hydrogen producer, for an undisclosed sum. Over the last few years, the Dutch energy and commodity trading company has been expanding its foothold in the renewables sector and made investment commitments of $1 billion to […] Read more
Array Technologies Secures Contract for up to 4 GW of Trackers Updated On Tue, Apr 27th, 2021 by Saurenergy Array Technologies, one of the world’s largest manufacturers of ground-mounted systems used in solar energy projects, has announced that it has been awarded a contract for up to 4 GW of trackers from Primoris Services Corporation, a leading provider of specialty contracting services. “Primoris Renewable Energy is one of the top solar contractors in the […] Read more
Global CO2 Emissions set for Second Biggest Increase in History: IEA Updated On Tue, Apr 27th, 2021 by Saurenergy A new report finds global energy-related CO2 emissions to be rising by 1.5 billion tonnes in 2021 – their second-largest increase in history A new report by the International Energy Agency (IEA) has predicted that the global energy-related CO2 emissions will be rising by 1.5 billion tonnes in 2021 – their second-largest increase in history […] Read more
Bureau Veritas Acquires US-Based Renewables Construction Management Firm Updated On Mon, Apr 26th, 2021 by Saurenergy Bureau Veritas, a world leader in testing, inspection and certification (TIC), today announced the acquisition of Bradley Construction Management, a US-based leading provider of construction management services for the renewable energy sector. Bradley Construction Management provides owner’s representation as well as construction and site management assistance services for wind, solar and energy storage projects. The company has successfully supported the […] Read more
EIB Backs €2 Bn Investment to Scale up use of Renewable Energy Updated On Mon, Apr 26th, 2021 by Saurenergy EIB has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport. The European Investment Bank (EIB) has announced that it has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport, corporate innovation, improved housing, education and communications. Of which, […] Read more
New Deadline for OE Services Related to Solar & Storage Project in Chhattisgarh Updated On Mon, Apr 26th, 2021 by Saurenergy The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for the selection of consultancy firms for Owners Engineer (OE) services for the 100 MW (AC) solar PV project (160 MWp DC capacity) along with 40 MW/120 MWh Battery Energy Storage System (BESS) at district Rajnandgaon, Chhattisgarh during the design, construction, commissioning and preparations […] Read more
Director (Technical) Updated On Sat, Apr 24th, 2021 by Saurenergy Director (Technical) is a member of the Board of Directors and reports to the Chairman and Managing Director. He is responsible for achieving business targets, identifying business opportunities, marketing financial products and services for the Company, providing technical and commercial guidance in appraisal of projects being funded by the Corporation. He shall also be responsible […] Read more
Finance Needs to be at the Centre of India’s ‘Net Zero’ Discussion: IEEFA Updated On Fri, Apr 23rd, 2021 by Saurenergy India must exploit the growing pool of global capital as well as tap the resources of oil and gas majors pivoting to renewable energy With U.S. climate envoy John Kerry’s visit to India a rumour of a potential net zero announcement by India is doing the rounds. A recent flurry of reports and commentary has […] Read more
