Swedish Company Exeger Raises USD 38 Million in Debt Financing Updated On Wed, May 12th, 2021 by Saurenergy Sweden’s Exeger announced today that it has secured USD 20 million in debt financing from Swedbank and Swedish Export Credit Corporation (SEK). The company, which produces Powerfoyle, a unique solar cell technology that transforms all forms of light into clean, endless energy, has also secured USD 18 million through a directed share issue to Ilija Batljan […] Read more
Suncor and ATCO Partner to Produce Clean Hydrogen in Alberta Updated On Wed, May 12th, 2021 by Saurenergy Two Canadian energy companies, Suncor and ATCO have announced that they will be working together to build a clean hydrogen project near Fort Saskatchewan, Alberta with an estimate to produce 300,000 tonnes of clean hydrogen per year. The clean hydrogen project is in the early stages of developments including design and engineering. This project would […] Read more
Azure Power’s Petition for GST Compensation Dismissed by MERC Updated On Wed, May 12th, 2021 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) recently heard a petition filed by Azure Power Thirty Four Private Limited (APTFPL), which sought INR 22,52,61,708 in compensation for “increase in costs” due to a change in the rate of Goods & Services Tax (GST) following a notification issued by the Ministry of Finance in December 2018. APTFPL tried […] Read more
Engineer- Project Development Updated On Wed, May 12th, 2021 by Saurenergy Vector Green Energy Private Limited are in search of 3-4 engineers who are having experience in Solar Project Development. Qualification: BE/ B. Tech or Equivalent Experience: Minimum 3-4 Years of relevant Experience in solar projects (Land Acquisition and Project approvals) Location: Gujarat, Karnataka, Chhattisgarh (Minimum 1 person at each location) Key Responsibilities: To manage end […] Read more
MoP Ensuring 24×7 Power Supply to Oxygen Plants in Country Updated On Wed, May 12th, 2021 by Saurenergy The second wave of the Covid-19 pandemic has entered a critical phase , with 37,04,099 active cases, but hopes of the graph moving down finally. There has been a surge in oxygen demand as cases have piled up. Now to ensure the 24×7 continuous power supply to the oxygen plants by the state utilities in […] Read more
KPTL’s Financial Results Q4 2020-21 Out; INR 187 Cr Consolidated Profit Updated On Wed, May 12th, 2021 by Saurenergy Leading global infrastructure EPC company Kalpataru Power Transmission Ltd (KPTL) yesterday released its financial results for the fourth quarter ended March 31, 2021, reporting multifold jump in consolidated net profit at Rs 187 crore due to higher revenues. While the total income in the quarter was Rs 4,104 crore as opposed to Rs 3,540 crore […] Read more
Global Finance is Mobilising to Meet East Asia’s Net-Zero Ambition: IEEFA Updated On Wed, May 12th, 2021 by Saurenergy Bolder emissions reduction targets by China, Japan and South Korea threaten Australian fossil fuel exports Chinese President Xi Jinping’s surprise announcement at the UN General Assembly in September 2020 that the world’s biggest emitter would become carbon neutral by 2060 has proved pivotal, writes Tim Buckley, IEEFA’s Director Energy Finance Studies, Australia/South Asia, in a […] Read more
€100 Billion SBI and EIB Climate Action Initiative Launched Updated On Wed, May 12th, 2021 by Saurenergy EIB and SBI have agreed to back a new initiative of €100 million for new high-impact climate action and sustainability business financing. On the margins of the recently concluded EU-India Leaders Meeting, the European Investment Bank (EIB) and the State Bank of India (SBI) have agreed to back a new initiative of €100 million for […] Read more
SPI Uplifts Lives of 2,412 Commercial and Micro-entrepreneurs in Rural India Updated On Wed, May 12th, 2021 by Saurenergy The SPI MED program has helped transform the lives of 2412 commercial and micro-entrepreneurs in rural India micro-entrepreneurs In a bid to create socio-economic opportunities for rural and micro-entrepreneurs, Smart Power India (SPI)’s Micro-Enterprise Development Program (MED) in India has helped rural communities harness electricity for productive uses. This has thereby boosted greater demand for […] Read more
