EV Financing: Shell Foundation Backs Mufin Green Finance with INR 80 Million Updated On Tue, Aug 1st, 2023 by Saurenergy Mufin Green Finance, an electric vehicle (EV) financing company, secured funding of INR 80,000,000 from the UK-registered charity, Shell Foundation. The collaboration aims to establish a joint de-risking pool valued at $2 million, known as First Loan Default Guarantee (FLDG), to catalyze commercial debt. This strategic move is expected to enable Mufin Green Finance to […] Read more
Santander CIB Supports ib vogt Green Energy Vision with EUR 350 Million Financing Updated On Thu, Jul 27th, 2023 by Saurenergy International solar developer ib vogt and Santander Corporate & Investment Banking (Santander CIB) have closed a EUR 350 million financing to further accelerate the buildout of projects intended for ib vogt’s long-term asset ownership, the company statement revealed. ib vogt plans to use the fresh capital for financing the construction of projects sourced from its […] 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
Fintech platform Rupyy Partners with OEMs for Foray into EV Financing Updated On Fri, Jul 7th, 2023 by Saurenergy Rupyy, a FinTech platform, recently announced its foray into the electric vehicle (EV) financing segment. The firm claims says it is building on its mission to revolutionize the financing experience for all vehicle financing categories, Rupyy has partnered with original equipment manufacturers (OEMs) and multi-brand outlets (MBOs) in the EV industry to offer flexible and […] Read more
ISA & African Investment Platform to Pave Way for Financing Solar Projects in Africa Updated On Thu, Jul 6th, 2023 by Saurenergy African infrastructure investment platform Africa50 and the International Solar Alliance (ISA) have entered into an agreement that will bolster and finance solar projects on the continent. The partnership has been forged with an ambition to augment solar capacity, increase energy access and facilitate energy transition. Africa50 was established by African governments and the African Development […] Read more
Europe’s SOLEK Closes $379 Million Financing for Chile Solar Projects Updated On Thu, Jun 1st, 2023 by Saurenergy European renewable energy firm SOLEK has closed a $379 million financing for its portfolio in Chile, consisting of solar photovoltaic utility-scale and PMGD (Small Means of Distributed Generation projects in chile). The solar power projects will come up in the Central Region. SOLEK claims to be a fast-growing company in the renewable energy sector. It […] Read more
Natixis CIB Closes $364m Financing For Chilean Solar Projects Updated On Wed, May 31st, 2023 by Saurenergy Natixis Corporate & Investment Banking (Natixis CIB) has closed a $364 million financing for a portfolio of a solar PV utility-scale and PMGD plants in Chile. These solar projects are owned and operated by Solek Holding and the portfolio has a combined capacity of about 284-MWdc. Natixis CIB acted as sole debt structuring advisor for […] Read more
MNRE To Hold Talks On Financing New Technologies At G20 WG Meet Today Updated On Mon, May 15th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) will conduct a brainstorming session on low-cost finance for new and emerging technologies in Mumbai today. The event will be organized on the sidelines of the third Energy Transition Working Group (ETWG) meeting at the Jio World Convention in Mumbai. The event will likely discuss ways to […] Read more
Yes Bank Announces ‘YES KIRAN’ Solar Financing Scheme For MSMEs Updated On Tue, May 9th, 2023 by Saurenergy Private sector bank – Yes Bank, which has come back to life after an RBI led intervention – has come up with a novel lending proposition that will help expand the solar power systems in the country in decentralised manner. Yes Bank has announced the launch of its new lending scheme called ‘YES KIRAN’ under […] Read more
