Hyundai Mobis Constructs New Battery Plant in Indonesia Updated On Thu, Jun 1st, 2023 by Saurenergy South Korean automotive supplier Hyundai Mobis has started the construction of a new EV dedicated battery system plant in Indonesia that will be completed by the first half of 2024. It said that it intends to set Indonesia as a beachhead as the country is emerging as the heart of the ASEAN market, and catapult […] Read more
Nexamp Secures $400 Million for Community Solar in Six US States Updated On Thu, Jun 1st, 2023 by Saurenergy Boston based national clean energy provider Nexamp has announced over $400 million in tax equity and debt commitments led by US Bancorp Impact Finance and Mitsubishi UFJ Finance Group (MUFG). The funds will support the creation of 49 solar power and battery storage projects in six US states. The renewable energy projects will come up […] Read more
Paresh Ranpara Joins Grid India as Director, Human Resources Updated On Thu, Jun 1st, 2023 by Saurenergy Paresh Ranpara has joined the Grid Controller of India (effective 31.05.2023) as Director, Human Resources. Ranpara has almost three decades of experience as an HR professional in the power sector. His professional experience entails his role as the General Manager of Human Resources at Gujarat Urja Vikas Nigam Ltd (GUVNL). The newly appointed Director of […] Read more
Amit Kumar Joins As The New CEO (EV Leasing) Of Gensol Engineering Updated On Thu, Jun 1st, 2023 by Saurenergy Gensol Engineering Limited, the EPC arm of the Gensol Group, recently appointed Amit Kumar as its new Chief Executive Officer (CEO) for its Electric Vehicle (EV) Leasing Business. This arm of the company deals with leasing solutions to accelerate the faster adoption of electric vehicles in India both at the business and individual levels. Kumar […] Read more
Natixis CIB Closes $364m Financing For Chilean Solar Projects Updated On Wed, May 31st, 2023 by Saurenergy Natixis Corporate & Investment Banking (Natixis CIB) has closed a $364 million financing for a portfolio of a solar PV utility-scale and PMGD plants in Chile. These solar projects are owned and operated by Solek Holding and the portfolio has a combined capacity of about 284-MWdc. Natixis CIB acted as sole debt structuring advisor for […] Read more
TrinaTracker Bags 510 MW Solar Tracker Order for Uzbekistan Solar Projects Updated On Wed, May 31st, 2023 by Saurenergy Smart solar tracker solution provider, TrinaTracker has announced that it has signed an agreement with Dongfang Electric International Corporation (DEC International) to provide 510 MW solar trackers for solar power projects in Uzbekistan. TrinaTracker is owned by Trina Solar. The contract signing ceremony was held during the SNEC PV Power Expo in Shanghai. According to […] Read more
India’s Solar O&M Market: A tale of increased domination of new evolving technologies Updated On Tue, May 30th, 2023 by Saurenergy If you track the Indian solar sector or are a regular SaurEnergy reader, you might remember the increasing frequency of news reports on the topic of robotic cleaning of solar panels. Be it Ecoppia, Airtouch (incidentally, both are Israeli firms), or the domestic Skilancer Solar and many more, robotic cleaning has created a disruption in […] Read more
OX2, Dasos Capital Partner to Develop Solar Power in Estonia for 500 MW Estimated Capacity Updated On Mon, May 29th, 2023 by Saurenergy Swedish renewable energy company OX2 has announced the signing of a cooperation agreement with Dasos Capital for the development of ten solar farms in Estonia in North Europe. Dasos Capital is specialised investment company for sustainable forestry and natural capital; it is an independent Alternative Investment Fund Manager (AIFM). Dasos Capital said that the capacity […] Read more
SOFAR Launches PV & ESS Innovations at SNEC 2023, Shanghai Updated On Fri, May 26th, 2023 by Saurenergy SOFAR, a supplier of PV and Energy Storage Solutions (ESS), released multiple solar and energy storage innovations globally at SNEC 2023. PowerMaster Optimized for utility-scale energy storage plants, SOFAR has its latest flagship PowerMaster on display, which is an integrated solution embodied with promising technologies. As a safe, reliable and sustainable solution to ensure grid […] Read more
