Siemens Gamesa Begins Negotiations for Senvion’s European Assets Updated On Mon, Sep 16th, 2019 by Saurenergy Siemens Gamesa has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from Senvion. Siemens Gamesa Renewable Energy has announced that it has won the exclusive rights to negotiate the acquisition of selected services and onshore assets in Europe from debt-laden German wind turbine maker Senvion SE. Senvion […] Read more
Evolution II Fund Reaches Final Close at $216 Million Updated On Mon, Sep 16th, 2019 by Saurenergy Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […] Read more
EBRD Extends Renewables Financing by EUR 300 mn in Kazakhstan Updated On Mon, Sep 16th, 2019 by Saurenergy EBRD is supporting Kazakhstan’s drive to promote renewable energy, with new funds under the Bank’s Kazakhstan Renewables Framework The European Bank for Reconstruction and Development (EBRD) has announced that it is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s […] Read more
WEF’s Energy Transition Report Presents Two Narratives on Global Electricity System Updated On Fri, Sep 13th, 2019 by Saurenergy The report co-authored by BloombergNEF (BNEF), Carbon Tracker and the Rocky Mountain Institute (RMI) talks about the implications of ‘Gradual’ and ‘Rapid’ energy transition The World Economic Forum released a report ‘The Speed of the Energy Transition’, today, which laid out the implications of a gradual versus a rapid energy transition and also identified the […] Read more
EDF Renewables Acquires 300 MW Wind Projects Pipeline in Germany Updated On Fri, Sep 13th, 2019 by Saurenergy EDF Renewables has acquired a wind projects pipeline of around 300 MW which is currently under development across Germany from Altus AG The renewables arm of French power utility EDF, EDF Renewables has announced that it has acquired a wind projects pipeline of around 300 MW which is currently under development across Germany from Altus […] Read more
SECI Signs PSA’s Worth 930 MW With Multiple State Discoms Updated On Fri, Sep 13th, 2019 by Saurenergy SECI has signed three PSA for the supply of 930 MW renewable power The Solar Energy Corporation of India (SECI) has announced the signing of multiple Power Sale Agreements (PSA) worth 930 MW with three Discoms from Rajasthan, Uttar Pradesh and Kerala. The first PSA and the latest agreement has been signed between SECI and […] Read more
MNRE Postpones its Flagship Event ‘RE-Invest’ Indefinitely Updated On Fri, Sep 13th, 2019 by Saurenergy MNRE postpones the 3rd Global RE-Invest Meet, which was to be inaugurated by Narendra Modi on October 30. The Ministry of New and Renewable Energy (MNRE) has announced via a notification that it has postponed the 3rd Global Renewable Energy Investors’ (RE-Invest) Meet, which was to be inaugurated by Prime Minister Narendra Modi on October […] Read more
Calcium Instead of Lithium Can Make Better RE Batteries Updated On Thu, Sep 12th, 2019 by Saurenergy A newly synthesized yet cheap chemical could be the answer to manufacture low cost and high power calcium batteries. The advent of renewable energy with its innate unpredictable nature has brought a global need for effective energy storage. This need has so far fuelled the demand for Lithium which can easily be stored, transported to the […] Read more
Volkswagen Unveils Its Affordable Electric Car ID.3 Updated On Thu, Sep 12th, 2019 by Saurenergy The electric car Volkswagen ID.3, which first made an appearance as a concept car in September 2016 at the Paris motor show has come a long way as the parent company is all set to start production of this electric car and launch it next year. The German carmaker and one of the world’s leading […] Read more