Study Points Out At India’s Key Role In Energy Transition In Asia Updated On Wed, Aug 7th, 2024 by Saurenergy The Rockefeller Foundation released a new report which talked about the important role played by India in the overall energy transition in Asia. It appreciated the role of the country and deploying renewable energy projects at an ‘unprecedented pace’. The report calculated an 8,700 terawatt-hour (TWh) “Green Power Gap” across 72 countries in Africa, Asia, […] Read more
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
Bihar Plans To Develop Canal Solar, Issues Tender Updated On Wed, Aug 7th, 2024 by Saurenergy The Bihar State Power Generation Company Limited (BSPGCL) has issued a tender to boost the growth of solar power plants along selected canals (canal solar) in the state. The state nodal department has identified five locations in the state where these plants will be installed. The last date for submission of the bids is August […] 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
Suzlon Acquires 51% Stake In Wind O&M Services Firm Renom Updated On Wed, Aug 7th, 2024 by Saurenergy Suzlon Group, India’s largest renewable energy solutions provider, has executed definitive agreements for the acquisition of a 76% stake in Renom Energy Services Private Limited (“Renom”), in two tranches, from the Sanjay Ghodawat Group (SGG). Renom is the largest Multi Brand Operations and Maintenance service (“MBOMS”) provider in the country with assets of 1,782 MW […] Read more
Q1 Results: Tata Power Sees 31% Growth In Net Profits Updated On Tue, Aug 6th, 2024 by Saurenergy Tata Power today reported its financial results for the latest quarter (Q1) for financial year 2024-25. The data submitted by the company revealed that the company reported a 13 percent growth in its net profit on a Year-on-Year (YoY) basis. The company reported its highest ever and 19th consecutive quarter of PAT (Profit After Tax) […] 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
