Grid Africa Secures R50 Mn Investment From Rifuwo Energy Updated On Thu, Oct 17th, 2024 by Saurenergy Grid Africa, a solar energy solutions company recently secured an equity investment of R50 million from Rifuwo Energy Partners. This funding can help to advance renewable energy projects across South Africa to brace itself from rise in energy costs and can help to support Africa advance its renewable energy projects. The recent application by Eskom […] Read more
Azure Completes Rs 2400 cr Refinancing Updated On Thu, Oct 17th, 2024 by Saurenergy Azure Power Global Limited, has announced the successful completion of its ₹24 billion refinancing transaction, structured as an INR Term Loan underwritten solely by REC Limited. Following this transaction, the company has successfully prepaid its Green Bonds, originally issued in 2019 for $350 million and backed by 10 solar projects commissioned between 2016 and 2019. […] Read more
Global Push For Lithium Intensifies To Meet Surging EV Demand: IRENA Updated On Thu, Oct 17th, 2024 by Saurenergy Critical minerals, especially lithium, have become key components in meeting the growing demand for electric vehicles (EV). These elements are essential to support the booming electric vehicle industry. Apart from lithium, which has witnessed a surge in demand, there has also been increased demand for other critical minerals like cobalt, graphite, and nickel, according to […] Read more
BLUETTI Introduces Handsfree Solar Backpack Power Stations Updated On Wed, Oct 16th, 2024 by Saurenergy Clean energy solutions company BLUETTI has announced releasing its Handsfree Series, a combination of portable power stations and multi-functional backpacks for hands-free charging on the move. Designed for hikers, photographers, campers, and adventurers, the new backpack power stations keep their devices charged without slowing them down. The Handsfree series features two models: the Handsfree1 and […] Read more
Avaada Energy Secures Rs 597 Crore Refinancing for PV Projects Updated On Wed, Oct 16th, 2024 by Saurenergy Avaada Energy, a subsidiary of the Avaada Group, has secured Rs 597 crore ($71.1 million) in refinancing for its commercial and industrial (C&I) solar projects. These projects are located in Karnataka and Maharashtra. The refinancing was provided by NIIF Infrastructure Finance Limited (NIIF IFL), an infrastructure debt fund focused on refinancing operational infrastructure projects. Avaada’s […] Read more
IBM Acquires Prescinto, Expands Into Renewable Energy Space Updated On Tue, Oct 15th, 2024 by Saurenergy IBM acquires Digital Renewables company – Prescinto, an asset performance management (APM) and a software-as-a-service (SaaS) provider. This acquisition will allow Prescinto leverage artificial intelligence (AI) to enable monitoring, analytics, and automation to streamline renewable energy operations and manage clean energy and storage assets. The Bangalore-based digital company offers solution to organizations that are increasingly […] Read more
After China & Europe, India Set To Embark On Offshore Wind Journey Updated On Tue, Oct 15th, 2024 by Saurenergy After a thrust to offshore wind energy projects in China and Europe, swings of changes in this sector are now expected in India too. Last year, globally 10.8 GW of new offshore wind energy capacities were added, as per a report from the Global Wind Energy Council (GWEC). The lion’s share was taken by China […] Read more
Green Stocks Oct 14: Gensol Stock Price Gets Max Gain Updated On Mon, Oct 14th, 2024 by Saurenergy On a day when most of the green energy companies reported a negative growth in their stock prices, only four companies showed growth in their stock prices. The highest growth was reported by Gensol Engineering which reported a growth of 3.45%. It was followed by Premier Energies which reported a growth of 2.31 percent. The […] Read more
Oriano Clean Energy to Develop184 MWp Solar PV Projects Updated On Mon, Oct 14th, 2024 by Saurenergy Oriano Clean Energy has received a contract from Blueleaf Energy, a pan asian- renewable energy firm. Under the contract, the company is to develop solar PV projects of a total capacity of 184 MWp. The project is expected to be developed in Agar, Malwa, Madhya Pradesh. Adding the Blueleaf Energy’s Pachora Hybrid Power Project to […] Read more
