TPG Forms RE Firm With Acquisition of 1 GW Portfolio From Trina Solar Updated On Wed, Jul 1st, 2020 by Saurenergy The Rise Fund, managed by alternative asset firm TPG, has announced the acquisition of approximately 1 GW of solar PV projects from Trina Solar. The Rise Fund, a global impact investing fund managed by alternative asset firm TPG, has announced the acquisition of approximately 1 gigawatt (GW) of solar PV projects from Changzhou, China-based Trina […] Read more
Let’s Make India The Recycling Hub Of The World: Rajat Verma Updated On Wed, Jul 1st, 2020 by Saurenergy As India takes slow and steady steps towards e-mobility, the big opportunity you won’t hear about is recycling of batteries. Especially critical considering the high cost of Lithium-Ion batteries, and the sourcing risk for raw materials. Enter Rajat Verma, Founder at Lohum Cleantech. The firm is into manufacturing of 1st and 2nd life battery packs […] Read more
Floating Solar to Generate 900% More Electricity Across APAC: IEEFA Updated On Wed, Jul 1st, 2020 by Saurenergy Asia leads Europe in deploying floating solar, also known as floating photovoltaic (FPV), a new IEEFA report finds. Energy finance analysts Sara Jane Ahmed and Elrika Hamdi at the Institute of Energy Economics and Financial Analysis (IEEFA) note that power demand in the Philippines and Malaysia has dropped by as much as 16 percent during the COVID-19 […] Read more
A World Solar Bank and India’s Solar Ambitions. Updated On Tue, Jun 30th, 2020 by Saurenergy In the past week, talk of a World Solar Bank, midwifed by the International Solar Alliance (ISA), Prime Minister Modi’s biggest foreign policy initiative has picked pace again. The ISA, whose overarching mandate can be considered the raising of 1 trillion dollars to build, spread and sustain solar energy worldwide, with special attention to the […] Read more
Rajnath Singh Launches NOC Issuance Portal for Power Projects Updated On Mon, Jun 29th, 2020 by Saurenergy Raksha Mantri Rajnath Singh on Monday has launched a new online application portal for the issuance of No Objection Certificate (NOC) for power projects and Research Survey Exploration Exploitation (RSEE) activities in the Indian Territorial Waters (TW) and Exclusive Economic Zone (EEZ). The move came as the government wants to ensure ease of business and […] Read more
Startup Feature – IOTomation Updated On Mon, Jun 29th, 2020 by Saurenergy Total Employees: 30 Recurring Revenue: Rs 1.25 crore for FY 2019-20. Key operational areas (Products, Regions, Clients) – IOTomation offers Intelligent Building IoT Platform – a comprehensive dashboard brings all equipment and smart systems into one screen for energy and maintenance efficiency and safety. Founding Members detail: Dharmendra Rathore is the founder & CEO of […] Read more
EIB Finances 200 MW Solar Projects in Spain, 2 Wind Farms in Austria Updated On Mon, Jun 29th, 2020 by Saurenergy EIB is investing EUR 43.5 mn to finance 200 MW solar projects in Spain, and EUR 63 mn for construction and operation of two new wind farms in Austria. The European Investment Bank (EIB) has announced that it is investing EUR 43.5 million to finance the largest solar project in Andalusia and one of the most powerful in […] Read more
KKR Acquires Stake in Philippines Based Power Producer ‘First Gen’ Updated On Mon, Jun 29th, 2020 by Saurenergy KKR has accepted all of the 427,041,291 common shares of First Gen, representing approximately 11.9 percent of its outstanding common shares. Global investment firm KKR has announced that, following the completion of the voluntary tender offer period by Valorous Asia Holdings, an entity owned by KKR investment funds, the Offeror has accepted all of the […] Read more
Duke Energy Grants $9 Lakh to Support Job Training Programs in North Carolina Updated On Fri, Jun 26th, 2020 by Saurenergy Duke Energy, a leading energy company in the US, awarded USD 903,828 in grants to support apprenticeship job training programs at 8 community colleges in North Carolina. Moreover, this grant is in line with its 2017 commitment to fund USD 5 million in apprenticeship programs at community colleges across the state. Commenting on the development, Peter Hans, president of the NC […] Read more
