Servotech Bags 1.2 MW UPNEDA Order To Develop Solar Plus Storage Systems Updated On Wed, Aug 7th, 2024 by Saurenergy Servotech Power Systems Ltd., a manufacturer of solar solutions and EV chargers has secured a total of 1.2 MW order worth approximately Rs. 10.20 crores for the deployment of grid-connected solar energy storage systems (ESS). The order has been secured from the Rural Development Department of Uttar Pradesh and the Uttar Pradesh New and Renewable […] Read more
Ujala Scheme: Odisha Tops The Chart With Highest LED Bulbs Updated On Wed, Aug 7th, 2024 by Saurenergy Odisha has now topped the list for extending the widest coverage of energy efficient LED bulbs under the Union government’s Ujala scheme. The latest information furnished by the Union Minister for New and Renewable Energy Manohar Lal Khattar revealed that compared to other states, the coastal state saw the highest distribution of the energy efficient […] Read more
Blueleaf Energy Gets Funding For 200 MW Madhya Pradesh project Updated On Wed, Aug 7th, 2024 by Saurenergy Blueleaf Energy, a pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, today announced the financial close of its 200-megawatt (MW) wind-solar hybrid power plant under development in Madhya Pradesh, India. Blueleaf has secured project financing of approximately USD 170 million from Axis Bank for the project, which has secured grid access […] Read more
Fourth Partner Energy Secures $275 Mn Investment From IFC Consortium Updated On Tue, Aug 6th, 2024 by Saurenergy International Finance Corporation (IFC), Asian Development Bank (ADB) and DEG today made a $275 Mn investment into Fourth Partner Energy (FPEL). IFC is a global impact investor and DEG is a German investment and development company. The consortium’s investment will infuse capital to fund FPEL’s business expansion plans which include a target portfolio of 3.5 […] Read more
Neuron Energy Secures Rs. 20 Cr In Series A Funding Updated On Tue, Aug 6th, 2024 by Saurenergy Neuron Energy today concluded its Series A funding round, raising Rs. 20 Crores from investors, including contributions from the Chona Family, a venture capital firm, and Capri Global Family Office, a Non-Banking Financial Company (NBFC). Neuron Energy is an electric vehicle (EV) battery manufacturer that offers various electric mobility solutions that span from lead-acid to […] Read more
Inox Wind Secures Latest 201 MW Order From Integrum Energy Updated On Tue, Aug 6th, 2024 by Saurenergy Wind Energy company Inox Wind Limited (IWL) today announced bagging an order for 201 MW of wind turbines from Integrum Energy Infrastructure Ltd, a leading C&I player. The Uttar Pradesh-based wind company received an equipment supply order for IWL’s latest 3 MW Wind Turbine Generators (WTGs). Additionally, Inox Wind will provide post-commissioning multi-year operations & […] Read more
Smart Joules Appoints Gaurav Kejriwal As Chief Product And Technology Officer Updated On Tue, Aug 6th, 2024 by Saurenergy Smart Joules, a technology startup and an energy-efficient solutions provider, recently appointed Gaurav Kejriwal as its new Chief Product and Technology Officer (CPTO). With a career in the field of technology as a leader and a history of scaling enterprise products, Kejriwal’s addition to the organisation is set to drive Smart Joules’ innovation in the […] Read more
After RE-Rich States, UP Emerges As The New Solar Park Hub Updated On Tue, Aug 6th, 2024 by Saurenergy Union Minister of State (MoS) for New and Renewable Energy and Power Shripad Yesso Naik recently updated Parliament on the state-wise penetration of solar parks across the country. The data shared by the minister detailed solar park projects developed in 13 states. An analysis of the data revealed that after the high penetration of solar […] Read more
Adani Energy Solutions Raises Rs 8,373 Crore From QIP Route Updated On Tue, Aug 6th, 2024 by Saurenergy Gujarat-based Adani Energy Solutions Limited (AESL), recently completed its Rs 8,373 crores (USD 1 billion) Qualified Institutional Placement (QIP). This QIP marks AESL’s first equity raise in the capital market since its demerger and listing from Adani Enterprises Limited (AEL) in July 2015. Adani Energy has a base deal size of Rs. 5,861 crore (USD […] Read more
