Revfin Rings In $5 Mn From US International Development Finance Corporation Updated On Fri, Jun 9th, 2023 by Saurenergy Revfin Services Private Limited, which delves into the Indian EV financing space, has secured $5 million from the United States International Development Finance Corporation (DFC). The investment is part of DFC’s portfolio for ‘Impact and Innovation’ and seeks to promote inclusive financing for EV adoption in India. The funds raised from DFC will enable Revfin […] Read more
Charge+Zone Expects to Raise $125mn in Ongoing Series A2 Funding Round Updated On Thu, Jun 8th, 2023 by Saurenergy EV charging firm Charge+Zone, has reached completion on the first phase for the installation of more than 1,600 charging stations. These have been established across over 450 locations. At the same time, the firm has now set sights on raising $125mn crore in equity in an ongoing round of fundraising. The Founders of the firm […] Read more
Neoen, Prokon Set the Ball Rolling for Two Wind Farms in Finland Totalling 161.2 MW Updated On Wed, May 24th, 2023 by Saurenergy French renewable energy player Neoen has begun the construction of the Storbötet and Lumivaara wind farms in Finland in association with Irish RE cooperative Prokon. The two firms have provided notice to proceed to Vestas regarding the wind farms they own jointly. The total capacity of the wind farms stands at 161.2 MW. Neoen said […] Read more
New Fund by TDK Ventures to Invest $150 Million in Green Energy Updated On Mon, May 22nd, 2023 by Saurenergy Tokyo based TDK Corporation subsidiary TDK Ventures is launching its third fund that totals $150 million in new capital to provide push mainly to energy transition. TDK Ventures said that its novel fund will target early-stage investments in energy transition, electrification, and decarbonisation in the USA and Europe. With the coming of the new fund, […] Read more
Vibrant Energy Places Order for c.149 MW Wind Energy with Envision Energy Updated On Mon, May 15th, 2023 by Saurenergy Corporate renewable energy solutions provider Vibrant Energy (Vibrant) has placed an order totalling c.149 MW with Envision Energy (Envision). The order consists of 45 wind turbines with a capacity of 3.3 MW each, with delivery expected to commence from Q3FY24 onwards. Envision Energy delves into energy solutions and is headquartered in Shanghai. Srinivasan Viswanathan, CEO, […] Read more
Asia’s Biggest Sewage Pumping Station In Mumbai Capped By A ‘Solar Plant’ Updated On Thu, May 11th, 2023 by Saurenergy The Brihanmumbai Municipal Corporation (BMC) which is the civic body of Mumbai has announced that it has successfully installed a solar power generation plant over a sewage pumping station (SPS). The Mumbai civic body said that the new solar power installation has come up over the largest SPS which is situated at Mahim Causeway. The […] Read more
Vestas Secures 238 MW Japanese Offshore Wind Order Updated On Tue, Apr 25th, 2023 by Saurenergy Danish wind turbine manufacturer Vestas has announced that it has secured a 238 MW order from Hibiki Wind Energy for the Kitakyushu-Hibikinada Offshore Wind Farm Project in Japan. The wind farm is located off the coast of Kitakyushu city, Fukuoka prefecture. Vestas held that the order includes supply and installation of 25 V174-9.5 MW wind […] Read more
Navitas Solar Onboards MECpower as Sole Distributor for Gujarat Updated On Thu, Apr 13th, 2023 by Saurenergy Surat-based module manufacturing firm Navitas Solar has onboarded Vadodara-based MECpower Solutions Ltd., a provider of end-to-end solutions in the renewable energy segment, as its sole distributor for solar modules for the Gujarat region. With this collaboration, Navitas has set sights on tapping the huge potential the state offers in the solar power space and expanding […] Read more
Jakson Group Poised for Manufacturing Expansion Through Agreement with Jinchen Corp Updated On Tue, Apr 4th, 2023 by Saurenergy Indian energy group Jakson Group, has signed an agreement with Jinchen Corp, a turnkey supplier of advanced solar module manufacturing equipment and technology in China. The association is a step forward in Jakson Group’s targets to expand its solar PV manufacturing capacities further in India upto 3 GW annually. It will also strengthen its plans […] Read more