Serentica Doubles Down On Clean Energy Targets With 10 GW Andhra Plans Updated On Thu, Nov 7th, 2024 by Saurenergy Serentica Renewables, a leading renewable energy company in India, has announced its plans to establish renewable energy projects with a combined capacity of 10 gigawatts (GW) in Andhra Pradesh. The firm has emerged as one of the fastest growing green energy developers in India, moving to a focus on Round the clock (RTC) and other […] Read more
Apollo Green Energy Plans To Go Public In 2025, Targets Rs 10,000cr Portfolio Updated On Tue, Nov 5th, 2024 by Saurenergy Apollo Green Energy Limited (AGEL), part of Apollo International Group, is set to build a ₹10,000 crore project portfolio by 2025. Currently, the company manages an order book of ₹3,500 crore, with ₹2,500 crore of ongoing solar projects across various states in India. As part of its growth plan, AGEL is also preparing for a […] Read more
Green Energy Developer Acme Solar’s IPO To Open On Wednesday, Nov 6 Updated On Mon, Nov 4th, 2024 by Saurenergy ACME Solar Holdings Limited’s Initial Public Offering will open on Wednesday, November 06. The company has set a price band at ₹275/- to ₹289/- per Equity Share, indicating final pricing in all probability at Rs 289 for each share with a face value of Rs 2 , considering the high demand for green developers. RHP […] Read more
IFC Partners With ACWA Power to Support Uzbekistan’s Energy Transition Updated On Wed, Oct 30th, 2024 by Saurenergy IFC announced today a $240 million Islamic Equity Bridge Loan (EBL) financing for ACWA Power to support the development of Uzbekistan’s renewable energy sector on the sidelines of the 8th Future Investment Institute conference at Riyadh in Saudi Arabia. IFC’s financing will support the construction and operation of two projects, with a cumulative capacity of […] Read more
SOFAR Flaunts Solar Solutions At All Energy Australia 2024 Updated On Fri, Oct 25th, 2024 by Saurenergy The latest All Energy Australia (AEA) exhibition opened at the Melbourne Convention and Exhibition Centre attracted industry experts and participants from across the global renewable energy sector. The two-day event is bustling with activity, showcasing the latest innovations and developments in clean energy. SOFAR unveiled its solar and energy storage solutions. Australia’s Solar and Energy […] Read more
MRF Set To Make Rs. 7.26 Crore Investment In Clean Max Omni Updated On Wed, Oct 23rd, 2024 by Saurenergy Chennai-based Tyre manufacturer MRF Limited recently announced its plans to acquire a 26 per cent stake in Clean Max Omni Private Limited for Rs. 7.26 crores, pivoting into renewable energy space. The tyre manufacturers entered into a captive power purchase agreement with Clean Max Omni for a hybrid power supply under the government’s captive power policy. In […] Read more
IEA Flags Supply Side Risks For Global Energy Security Updated On Tue, Oct 22nd, 2024 by Saurenergy The global energy landscape, as detailed in the World Energy Outlook 2024, highlights the challenges and opportunities of transitioning to a clean energy future amidst growing geopolitical risks and economic uncertainties. With events like the conflicts in the Middle East and Russia’s war in Ukraine, the global energy market’s fragility is apparent, influencing both traditional […] Read more
Achieving Universal Energy Access by 2030: Can It Be Done? Updated On Mon, Oct 21st, 2024 by Saurenergy Universal energy access is not just a development goal. It’s a fundamental requirement for socio-economic growth and improved quality of life. Despite global efforts, millions of people, particularly in sub-Saharan Africa and South Asia, still lack access to electricity and clean cooking solutions. The World Energy Outlook 2024 examines these challenges and explores pathways to […] Read more
SolaX Power Announces 149.8mn USD Investment On Energy Storage Updated On Mon, Oct 21st, 2024 by Saurenergy Global energy solutions company SolaX Power has now unveiled a 149.8 million USD investment to establish research and manufacturing facility in the Zhejiang Province of China. This project will focus on utility-scale energy storage and integrated smart energy systems. The company said that the move is likely to aid in the global energy transition towards clean […] Read more
