As MoUs Worth Lakhs OF Crores Are Announced By PFC, REC, Hopes Rise Updated On Mon, Jul 24th, 2023 by Saurenergy The Central government’s power project financing arms, PFC and its subsidiary REC, have made a slew of green funding announcements recently. In total, the NBFCs Power Finance Corporation Ltd (PFC) and REC Ltd have signed agreements worth ₹5 lakh to fund projects of major green energy firms. While the PFC signed pacts worth ₹2.37 lakh […] Read more
ACME Group Achieves Financial Closure of INR 4,000 Cr Debt for Green Hydrogen & Ammonia Updated On Fri, Jul 21st, 2023 by Saurenergy Diversified renewable energy company ACME Group announced securing INR 4,000 crore loan from one of the India’s largest green infrastructure financial institutions Rural Electrification (REC) Limited for its green hydrogen and green ammonia project in Oman. The loan will be utilized to commence the first phase of the pioneering green hydrogen and green ammonia project, […] Read more
9 EV Financing Startups in India Accelerating EV adoption Updated On Fri, Jul 21st, 2023 by Saurenergy The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […] Read more
Mini-grids Best Suited To Electrify Unelectrified Population: ISA Report Updated On Thu, Jul 20th, 2023 by Saurenergy The latest report by the International Solar Alliance (ISA) on universal energy access emphasized the role of solar energy in ensuring energy access in unelectrified regions in the world. ISA released the report during the 14th Clean Energy Ministerial (CEM) in Goa today with representatives from the Ministry of New and Renewable Energy (MNRE). The latest report […] Read more
Olectra Greentech Awards INR 395.12 Cr Contract to Megha Engineering & Infrastructures Ltd Updated On Thu, Jul 20th, 2023 by Saurenergy Hyderabad-based manufacturer of electric buses, Olectra Greentech has awarded a contract for the construction of the greenfield electric vehicle manufacturing facility on 150 acres of the land situated at Seetharampur, Hyderabad, Telangana. The contract has been given to Megha Engineering & Infrastructures Limited (MEIL). MEIL is the ultimate holding company and a related party to […] Read more
Masdar Raises US$750 Million Green Bond Updated On Thu, Jul 20th, 2023 by Saurenergy Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […] Read more
NHPC Floats Tender for 200 MW Solar Power Project in 600 GSECL Solar Park Updated On Thu, Jul 20th, 2023 by Saurenergy National Hydroelectric Power Corporation Limited (NHPC) has floated a tender for the establishment of 200 MW solar power project in 600 GSECL (Gujarat State Electricity Corporation Ltd) Solar Park at Khavda, Gujarat. This is for stage-1 of the solar park. The tender comes with e-reverse auction. The bid validity is 120 days from the last […] Read more
EV Ownership & Maintenance: Advantages Every Business Must Leverage Updated On Thu, Jul 13th, 2023 by Saurenergy By Tushar Choudhary, Founder & CEO, Motovolt Mobility Sustainability of operations has become a key consideration for all major businesses. Consumers are well-aware of the climate change crisis, and concerned about any damage caused to our ecology. Since transportation is one of the major contributors of air pollution, EVs are widely seen as the clean, […] Read more
Ampere Electric Scooter Achieves Over Two Lakh Customers Landmark Updated On Tue, Jul 11th, 2023 by Saurenergy Bengaluru-based Greaves Electric Mobility Private Limited (GEMPL), the E-mobility division of Greaves Cotton Limited, has achieved more than 200,000 secondary sales of its Ampere brand electric two-wheelers as of the first quarter of fiscal year 2024. The firm says that this achievement highlights Ampere’s commitment to transforming urban transportation and promoting the adoption of electric […] Read more
