ECP Announces Closing of $1.2 Bn Continuation Fund for RE Platform Terra-Gen Updated On Tue, Apr 6th, 2021 by Saurenergy ECP today announced the successful completion of its first Continuation Fund with $1.2 billion in capital commitments, and the closing of the fund’s subsequent acquisition of the remaining 50% interest held by ECP’s third fund, ECP III, in Terra-Gen (the “Company”), a leading renewable energy developer and operator. ECP previously sold a 50% stake in the Company […] Read more
ReNew Power Successfully Prices USD 585 Million of Green Bonds Updated On Tue, Apr 6th, 2021 by Saurenergy ReNew Power has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” ReNew Power Private Limited, one of India’s leading renewable energy company, has announced the successful pricing of USD 585 million of 4.5 percent US dollar-denominated senior secured “green bonds” due 2028 on March 31, 2021, to be issued by certain of its […] Read more
GCF Approves USD 137 Mn FMO Investment in India’s Green Growth Equity Fund Updated On Tue, Apr 6th, 2021 by Saurenergy The Board of GCF has approved the proposal by FMO to accelerate private and public sector investment in India’s green infrastructure projects. The Board of the Green Climate Fund (GCF) has approved Dutch development bank FMO’s proposal to accelerate private and public sector investment in India’s green infrastructure projects. Through the Green Growth Equity Fund […] Read more
ONGC Tenders for 15 MW Solar Plant at Vagra Site in Gujarat Updated On Tue, Apr 6th, 2021 by Saurenergy ONGC has issued a tender for the commissioning of a 15 MW (ac) grid-connected solar power plant at its Vagra Site in Gujarat. The state-owned Oil and Natural Gas Corporation (ONGC), a multinational crude oil and gas entity, has issued a tender for the commissioning of a 15 MW (ac) grid-connected solar power plant at […] Read more
SunCable’s 14 GW Plan Inches Ahead With Move for Solar Mfg Plant in Darwin Updated On Tue, Apr 6th, 2021 by Saurenergy Sun Cable, the Singapore-based consortium handling the world’s largest electricity infrastructure project, aka the $22 billion Australia-ASEAN Power Link (AAPL), revealed this week that it had lodged an application with the Northern Territory’s Development Consent Authority for a facility in the region’s capital, Darwin. The said facility will manufacture Maverick solar array systems designed by […] Read more
Nexamp Taps Mark Frigo to Lead Growing Energy Storage Business Updated On Tue, Apr 6th, 2021 by Saurenergy Nexamp, a leading renewable energy generation and energy storage solutions provider has announced that it is accelerating the growth of its energy storage portfolio with the addition of Mark Frigo as Vice President of Energy Storage. Frigo brings deep industry experience in developing and implementing utility-scale and commercial energy storage projects. As energy storage plays […] Read more
EBRD supports KESH’s first floating solar photovoltaic plant in Albania Updated On Mon, Apr 5th, 2021 by Saurenergy Albania is making rapid progress with its plans to meet renewable energy targets, with the construction of a 12.9 MW floating solar photovoltaic (PV) farm thanks to a €9.1 million loan provided by the European Bank for Reconstruction and Development (EBRD). The farm will be the first floating solar plant of this size in Albania and […] Read more
CDPQ and Energize Ventures Partner to Invest in Clean Energy Technologies Updated On Mon, Apr 5th, 2021 by Saurenergy Energize Ventures, a leading global alternative investment manager, and Caisse de dépot et placement du Québec (CDPQ), a global investment group, announced today the beginning of a new co-investment partnership under which CDPQ will invest up to US$125 million over the next three years in ventures that aim to accelerate the digital transformation of energy and sustainable […] Read more
EIB Provides Brenmiller Energy with €7.5 Mn for Innovative Thermal Storage Factory Updated On Mon, Apr 5th, 2021 by Saurenergy EIB and Brenmiller Energy have signed a €7.5 million financing agreement to back the company’s construction of the first large-scale factory for its bGen storage unit. The European Investment Bank (EIB) and Brenmiller Energy, an Israeli provider of industrial energy storage solutions, have signed a €7.5 million financing agreement to back the company’s construction of the […] Read more
