IREDA Raises ₹910.37cr Through Privately Placed Tier-II Bonds Updated On Tue, Mar 25th, 2025 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) has raised ₹910.37 crore through the issuance of Privately Placed Subordinated Tier-II Bonds for a 10-year tenure at an annual coupon rate of 7.74%. The raising of Tier-II Bonds aims to tap liquidity in the current financial market and support the borrowing plan of the company. The funds […] Read more
PURE Enters ESS Market With The Launch Of PuREPower Updated On Tue, Mar 25th, 2025 by Saurenergy PURE, an electric mobility and clean energy company, has introduced PuREPower, an energy storage product line catering to homes, businesses, and the grid. The product range includes PuREPower Home, PuREPower Commercial, and the upcoming PuREPower Grid, aimed at addressing India’s growing energy storage needs. PuREPower Grid, set for release in 2026, is designed to support […] Read more
ADB & Shriram Finance Sign Deal To Boost EV Financing in India Updated On Tue, Mar 25th, 2025 by Saurenergy The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India. The agreement will focus on granting business loans for financing electric vehicles (EVs) and low-emission commercial vehicles for business purposes. The loan will particularly […] Read more
IIT Madras Unveils EV Labs To Advance Battery & Charging Tech Updated On Tue, Mar 25th, 2025 by Saurenergy The Indian Institute of Technology, Madras (IIT Madras) has launched ‘Zero e-mission,’ a comprehensive set of e-mobility initiatives spanning various domains, including Education, Skilling, Research, Policy, Outreach, and Safety. Led by the Department of Engineering Design at IIT Madras, these initiatives aim to foster strong industry collaborations to accelerate India’s EV transition. The initiatives launched […] Read more
MERC Orders MSEDCL to Refund Faulty Open Access Charges Updated On Tue, Mar 25th, 2025 by Saurenergy The Maharashtra Electricity Regulatory Commission (MERC) has directed MSEDCL to refund charges incorrectly levied on three solar power generators. The order came to the limelight after three SPVs of Tata Power approached the state power regulator. The petitioners blamed the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for incorrectly levying charges for open-access connections. The […] Read more
Actis Acquires Stride’s 371MW Portfolio, Bolsters Indian Footprint Updated On Mon, Mar 24th, 2025 by Saurenergy Actis, a global investor in sustainable infrastructure, has acquired a 100% stake in Stride Climate Investments (Stride), a solar generation asset portfolio in India, from a fund managed by Macquarie Asset Management. The deal sees Actis take charge of Stride’s 371MW (414MWp) portfolio of operating solar PV assets spread across 21 projects in 7 states, […] Read more
Xbattery’s New BharatBMS Promises 15% Extra Battery Life Updated On Fri, Mar 21st, 2025 by Saurenergy Hyderabad-based Xbattery, an energy storage solutions innovator based at T-Hub, has launched BharatBMS, a high-voltage Battery Management System (BMS). This BMS is designed to solve energy storage challenges in homes, factories, electric vehicle (EV) fleets, and solar installations across India. According to the firm, BharatBMS is equipped with thermal management, real-time monitoring, adaptive cell balancing, […] Read more
India Needs To Invest $600 Bn In Power Sector: Wood Mackenzie Updated On Fri, Mar 21st, 2025 by Saurenergy India is set to become a major player in the global energy markets with a unique growth path, featuring lower energy intensity, a diverse energy mix and increased commodity imports, the latest report from Wood Mackenzie said. The latest Wood Mackenzie’s Horizons report is titled “Eye on the Tiger: How Higher Indian economic growth could […] Read more
Solis 20th Anniversary Celebrations Continue With Tier 1 BloombergNEF Rating Updated On Fri, Mar 21st, 2025 by Saurenergy Ginlong (Solis) Technologies, one of the most experienced and largest inverter manufacturers globally, has announce its continued recognition as a BloombergNEF Tier 1 PV Inverter Manufacturer for Q1 2025. The recognition marks a significant milestone for Solis, and underscores the company’s commitment to excellence, innovation and sustainability. Solis has been one of the fastest climbers […] Read more
