Battery Storage Player Element Energy Secures $28 Mn Fresh Financing Updated On Thu, Dec 15th, 2022 by Saurenergy California – based battery management technology company Element Energy has announced the first close of $28 million in Series B financing. The round has been co-led by one of the largest clean energy generation companies and Cohort Ventures- a technology-based capital venture firm. Element Energy said that the round also included additional investment from existing […] Read more
Manager/Sr. Manager – Project Cost Estimation (Solar, Wind, BOP) Updated On Thu, Dec 15th, 2022 by Saurenergy Professional with in in-depth experience in doing detailed BOQ based costing and estimation exercises for small and large-scale ground mounted solar power plants with varying design basis/ criteria. Detail oriented with deep understanding of Electrical, Mechanical and Civil designs/ systems for Solar PV Projects. Strong software skills like Advance MS Excel, MS Power Point etc. […] Read more
India’s November ’22 Solar Capacity Addition Drops to 342 MW Y-o-Y, Wind Additions Rise Marginally Updated On Thu, Dec 15th, 2022 by Saurenergy The statistics from last month’s RE installation indicate that November was not a terrific month for the expansion of Indian RE capacity. Comparing the current month of November 2022 to the previous one, the total RE capacity additions decreased. India only added 342.09 MW of solar energy and just 51.3 MW of wind energy in […] Read more
EIP Raises EUR 1 Billion For Energy Transition Projects In Rich World Updated On Wed, Dec 14th, 2022 by Saurenergy Energy Infrastructure Partners (EIP) has announced that it has raised €1 billion for the first close of its global energy transition infrastructure fund. The majority of the investment commitments come from the Swiss pension funds. Credit Suisse Investment Foundation contributed EUR 700 million of the total commitments. The funds are likely to be invested in […] Read more
EBRD Steps-Up Wind Power Generation In Uzbekistan With $520 million Funding Updated On Wed, Dec 14th, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has announced a fresh deal to support Uzbekistan’s renewable energy through investment in low-carbon technologies to help align the country’s power-sector development with its commitments under the Paris Agreement. EBRD has said that it has arranged two syndicated loans worth $520 million to help construct and put […] Read more
Saudi Arabia’s PIF Acquires 9.5% Stake in Offshore Wind Player Skyborn Renewables Updated On Wed, Dec 14th, 2022 by Saurenergy The Public Investment Fund (PIF), the Kingdom of Saudi Arabia, has announced the acquisition of up to 9.5% in Germany based offshore wind developer and operator Skyborn Renewables, alongside Global Infrastructure Partners (GIP) which is a global, independent infrastructure investment fund. The Saudi Government has said that the investment will allow PIF to participate in […] Read more
South Africa Secures 975 MW of Solar Energy PPAs in 5th Tender Updated On Tue, Dec 13th, 2022 by Saurenergy South Africa seems to be gaining speed on renewables. The country has authorized power purchase agreements (PPAs) for a capacity of 975 MW of renewable energy projects under the ongoing Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). The official statement of the government read, “Bid Window 6 asked for new generation capacity of 4,200 […] Read more
NIIFL Signs Agreement with Tamil Nadu for Renewable Energy Projects Updated On Tue, Dec 13th, 2022 by Saurenergy The National Investment and Infrastructure Fund Ltd (NIIFL) has announced that it has signed an MoU with the Tamil Nadu Infrastructure Development Board (TNIDB) to attract investment in infrastructure development in the southern state. This will also include attracting commercial capital in the renewable energy sector. The State Government of Tamil Nadu has set up […] Read more
Saudi Arabia Announces 10 New Renewable Energy Projects Updated On Mon, Dec 12th, 2022 by Saurenergy The Kingdom of Saudi Arabia is mulling over the development of 10 new renewable energy projects in the country. According to reports, the new RE projects are aimed at enhancing the power generated from solar and wind sources and further reducing the use of fossil fuels – especially oil – to generate electricity. The new […] Read more
