Green Stock Sep 20: Record Highs In Markets, Green Stocks Surge As Well Updated On Fri, Sep 20th, 2024 by Saurenergy On a day when the markets comprehensively broke new ground and records, the biggest green energy stocks were not to be left behind. Adani Green Energy and JSW Energy led the large-cap developers, while Waaree RTL and SW Solar led the EPCs on a strong day at the markets. The only stocks to miss out […] Read more
Fiscal Year 2024: World Bank Provides $42.6 Bn Climate Finance Updated On Fri, Sep 20th, 2024 by Saurenergy The World Bank Group delivered a record $42.6 billion in climate finance in fiscal year 2024—from July 1, 2023, to June 30, 2024, according to its ‘Climate Finance Fiscal Year 2024 Snapshot’. This is a 10% increase in climate finance compared to the previous year. At COP28, the World Bank Group committed to increasing its […] Read more
Capital A Launches Rs. 400 Cr Fund For Manufacturing And Climate Startups Updated On Fri, Sep 20th, 2024 by Saurenergy Capital A, the venture capital firm, has announced the launch of its second fund, targeting a corpus of Rs. 400Cr. This fund is focused on backing high-potential sectors such as manufacturing, deeptech, climate and fintech startups. Fund II aims to identify innovative technologies and business models set to shape the future. With plans to invest […] Read more
Sunsure, Kirloskar Sign PPA For 13.5 MWp Solar Project Updated On Fri, Sep 20th, 2024 by Saurenergy Sunsure Energy signed a 13.5 MWp solar Open Access Power Purchase Agreement (PPA) with Kirloskar Brothers Limited (KBL), one of the global companies engaged in fluid management solutions. Under this agreement between Sunsure Energy, a renewable energy solutions provider, and Kirloskar Brothers Limited (KBL), Sunsure Energy will supply nearly 2 crore units of green power […] Read more
Hindalco Ponders Venture Into Solar Module Manufacturing Updated On Fri, Sep 20th, 2024 by Saurenergy Hindalco Industries Ltd., a member of the Aditya Birla group, is considering manufacturing of solar modules in Gujarat as part of its entry into renewable energy. It is planning the new manufacturing at one of its locations in Gujarat, expanding its involvement in the renewable energy industry. This accompanies the goal for India to grow […] Read more
Delhi’s CNG-Run Three Wheelers To Go Electric Soon Updated On Fri, Sep 20th, 2024 by Saurenergy The Delhi government in its recent order added a new para-transit scheme mandating the replacement of CNG-powered Gramin Sewa vehicles registered under the 2010-11 scheme with electric vehicles (EVs). This revised policy applies to high-capacity three-wheelers and similar other vehicles with a seating capacity of six passengers (excluding the driver) being given permits to ply […] Read more
Powergrid Bags Khavda 7GW RE Transmission Project Updated On Fri, Sep 20th, 2024 by Saurenergy The Powergrid Corporation of India Limited (PGCIL) announced a new renewable energy evacuation project from Khavda in Gujarat. The Central Public Sector Enterprise (CPSE) informed the stakeholders regarding the latest development in its filing before the stock exchange. As per the plan, the company with this project will help in evacuating 7 GW of green […] Read more
Green Startups Rising But Finance A Concern: MUFG Report Updated On Fri, Sep 20th, 2024 by Saurenergy Funding continues to be a challenge for more than 800 climate tech startups in India, of which many have, till now, reached the growth stage. According to a report by IIMA Ventures and MUFG Bank, it is only 2.5% that get the prized Series A+ rounds. The report was launched at the Climate Action Summit, […] Read more
Climate Pledge Set To Invest $2.65 Mn For EV Charging Stations Updated On Fri, Sep 20th, 2024 by Saurenergy The Climate Pledge, co-founded by Amazon and Global Optimism, is set to build a new project powered by renewable energy. Through this project, over $2.65 million will be collectively invested in these renewable energy-powered charging stations by signatories and partners of firm. This $2.65 million initiative aims to support over 5,500 EVs by 2030 and […] Read more
