Rajasthan Investor Summit 2024 Attracts High Renewable Commitments Updated On Tue, Oct 1st, 2024 by Saurenergy At the Rajasthan Investment Summit 2024 in New Delhi, 17 major companies signed MoUs (Memorandums of Understanding) to invest a massive Rs. 8 lakh crore across various sectors, focusing on renewable energy, oil and gas, logistics, and infrastructure. In the energy sector, Tata Power, NHPC, Avaada Group, and Jindal Renewable Power all committed to building […] Read more
Shift To Two-Wheeler EVs To Reduce India’s Petrol Consumption: CRISIL Updated On Mon, Sep 30th, 2024 by Saurenergy In a recent report, CRISIL Research highlights a projected rise in the market share of electric two-wheelers, expected to reach 12-15% by fiscal 2030 from current levels of under 5%. Additionally, the report highlights the emergence of compressed natural gas (CNG) passenger vehicle sales are expected to grow to 17-19% by the same period. This […] Read more
Two Point O Capital Raises $6.3 Million From Omnivore, Others Updated On Fri, Sep 27th, 2024 by Saurenergy Two Point O Capital, a climate financing platform for businesses (including MSMEs and rural enterprises), announced today that it has raised $6.3 million in Seed funding. VC fund Omnivore led the round with participation from Multiply Ventures, RTP Global, GrowX, Spectrum Impact, and a group of angel funders. Two Point O aims to address the […] Read more
Solis Celebrates 19 Years of Innovation In Solar Technology Updated On Thu, Sep 26th, 2024 by Saurenergy Solar technology and solar inverter company Solis Global (Ginlong Technologies)today announced its 19th anniversary. To commemorate this milestone, the company hosted a series of events across Asia to express its gratitude to its customers and partners for their unwavering support. The company started its operations in 2005. It said that with the passage of time, […] Read more
Borosil Renewables, Clean Max in Deal For 16.50 MW Hybrid Power Updated On Thu, Sep 26th, 2024 by Saurenergy Borosil Renewables has now completed buying a 49 percent stake in Clean Max Prithvi Private Limited (CMPPL), a subsidiary of Clean Max. CMPPL was incorporated on March 14, 2023. The company has set out to construct and operate hybrid solar and wind power plants. CMPPL has not yet initiated its operations; however, its acquisition is […] Read more
US-India Launch $1 Bn Initiative To Build Clean Supply Chains Updated On Mon, Sep 23rd, 2024 by Saurenergy The United States (US) and India elevate and expand bilateral technical, financial, and policy support to enhance the complementary manufacturing capacity of clean energy technologies and components. This policy also lays the groundwork for enhanced cooperation and partnerships in Africa. The Strategic Clean Energy Partnership, led by the US Department of Energy and Indian government […] Read more
Fiscal Year 2024: World Bank Provides $42.6 Bn Climate Finance Updated On Fri, Sep 20th, 2024 by Saurenergy The World Bank Group delivered a record $42.6 billion in climate finance in fiscal year 2024—from July 1, 2023, to June 30, 2024, according to its ‘Climate Finance Fiscal Year 2024 Snapshot’. This is a 10% increase in climate finance compared to the previous year. At COP28, the World Bank Group committed to increasing its […] Read more
Powergrid Bags Khavda 7GW RE Transmission Project Updated On Fri, Sep 20th, 2024 by Saurenergy The Powergrid Corporation of India Limited (PGCIL) announced a new renewable energy evacuation project from Khavda in Gujarat. The Central Public Sector Enterprise (CPSE) informed the stakeholders regarding the latest development in its filing before the stock exchange. As per the plan, the company with this project will help in evacuating 7 GW of green […] Read more
Germany To Aid In India’s 500 GW RE Capacity Plan Updated On Wed, Sep 18th, 2024 by Saurenergy The German Economic Cooperation and Development Minister, Svenja Schulze has announced that Germany will invest in the renewable energy sector in India. She stated at the Re-Invest 2024 event held in the city of Gandhinagar. Schulze said Germany has a technological lead in renewables, adding it’s will to prop up India to achieve the ambitious […] Read more
