Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans Updated On Thu, Oct 6th, 2022 by Saurenergy Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around Rs 1000 crore from various investors through private funding. The promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion plans of the firm to augment its manufacturing capabilities in India from 2 GW to 9 […] Read more
Strategy Partnerships- International Business Updated On Thu, Oct 6th, 2022 by Saurenergy Roles & Responsibilities:- Provide research and analysis on relevant international geographies and/or strategic partners, including new technology assessments, industry mapping, benchmarking analyses, and prepare financial projections/ models Build business case for investments and partnerships and manage day today operations of the partnership projects Stay abreast with market intelligence Conduct strategic research and participate in working […] Read more
Coping With Volatility- The New Reality Of EPC Contracts Updated On Thu, Oct 6th, 2022 by Saurenergy Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […] Read more
European Commission Funds €134 Million to Germany’s BASF for Renewable Hydrogen Updated On Thu, Oct 6th, 2022 by Saurenergy The European Commission has announced the approval of a €134 million to support Germany’s BASF SE for the production of renewable hydrogen, with the aim of decarbonising its chemical production processes and of promoting hydrogen use in the transport sector. EC said that the measure contributes to the achievement of the EU Hydrogen Strategy and […] Read more
UK-Based Aukera to Acquire 1000 MW Solar Portfolio in Germany Updated On Thu, Oct 6th, 2022 by Saurenergy European RE investment giant Aukera BV has announced that it is to acquire a solar PV portfolio of projects under development across Germany with an initial 1,000 MW of total capacity from Securenergy Solutions AG. Aukera said that Securenergy Solutions will be responsible for the development of the projects, which itintends to build, own, and […] Read more
European Union to Invest $5.2 Billion More for Green Hydrogen Projects Updated On Tue, Oct 4th, 2022 by Saurenergy To provide a major thrust to hydrogen development in the region, the European Commission (EC) has approved $5.2 billion in public funding. The EU said that the new investments will also be attracting about $6.8 billion in private funding for the hydrogen industry. The EU held that 13 countries will be giving funds for a […] Read more
As Usage Increases, 30% of Two-Wheelers Will Be Electrified by 2030 Updated On Tue, Oct 4th, 2022 by Saurenergy According to a recently published survey report, new manufacturers will drive the transition toward electric two-wheelers, which will account for 30% of the country’s market by 2030. By 2030, passenger cars will be 15% electric, and three-wheelers would be 75% electric, according to a BNP Paribas analysis entitled “India Autos—Electric vehicles: Minutes to midnight.” The […] Read more
CESL Selects Agencies for Battery Swapping Station Sites, E-Vehicle Charging Stations Updated On Tue, Oct 4th, 2022 by Saurenergy Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), a joint venture of public sector companies under the Ministry of Power, has today announced the list of selected agencies for the installation of 124 battery swapping stations, 352 standing chargers for electric two and three wheelers as well as 1294 […] Read more
Adani Green Launches Three Step-Down Subsidiaries in Renewable Segment Updated On Tue, Oct 4th, 2022 by Saurenergy Three new subsidiary businesses for the renewable energy industry have been incorporated by Adani Renewable Energy Holding Four Limited. Adani Renewable Energy Holding Four Limited is its subsidiary, and the recently established firms are its step-down subsidiaries, according to a statement released by Adani Green Energy Ltd (AGEL). “Three brand-new subsidiaries have been incorporated by […] Read more
