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
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
Requirement Of Experienced Proffesionals In RFCL Updated On Fri, Sep 24th, 2021 by Saurenergy Ramagundam Fertilizers & Chemicals Limited (RFCL) is a Joint Venture Company formed by National Fertilizers Limited (NFL), Engineers India Limited (EIL) and Fertilizer Corporation of India limited (FCIL) to take forward the revival of Ramagundam Unit of FCIL by setting up of gas based Ammonia – Neem Coated Urea complex at existing Ramagundam site of […] 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
Off-grid Electrification Can Drive Economic Growth in Sub-Saharan Africa Updated On Fri, Sep 24th, 2021 by Saurenergy Compared to other regions in the world, sub-Saharan Africa (SSA) exhibits the lowest electrification rate at 47% and the degree of urban-rural electrification inequality is also greater in the area than anywhere else. Off-grid electrification can play a vital role in extending electricity access to rural communities and improving economic resilience, finds a new report. […] Read more
$50 M to Ramp up Microgrids in Regional Australia: ARENA Updated On Fri, Sep 24th, 2021 by Saurenergy On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced the launch of the $50 million Regional Australia Microgrid Pilots Program (RAMPP) to support microgrid pilot projects across regional Australia. Announced in the 2020-21 Federal Budget, the six year program aims to improve the resilience and reliability of electricity supply […] Read more
With Approval In From Indonesia, Sun Cable Expands Project By 20 GW Updated On Fri, Sep 24th, 2021 by Saurenergy Sun Cable, promoted as the world’s largest single PV and battery storage project has expanded its project size further. The project, which seeks to build massive solar power plants in Australia along with storage capacity to supply to Singapore via undersea cables, has added 20 gigawatts for the solar component and 36-42GWh of battery storage. […] Read more
Accepting Gas Power Plants as Sustainable Investments in Asian Taxonomies Heightens Greenwash Risk: IEEFA Updated On Thu, Sep 23rd, 2021 by Saurenergy Incorporating gas-powered generation as a sustainable investment into Asian taxonomies could have unintended consequences, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). Doing so could lock Asia into a high-emitting future while also posing a credibility and greenwashing problem that Asian policymakers and ESG debt investors would be wise […] Read more
Battery Resourcers Secures $70 M to Expand Recycling Tech Updated On Wed, Sep 22nd, 2021 by Saurenergy Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing company, today announced the closing of its latest mid-round funding totalling $70 million. The company will use this latest funding round to advance and expand its sustainable, cutting-edge closed loop material production technology that accepts mixed input of scrap batteries and end of life batteries […] Read more