EIF Commits €150 Mn To White Summit Capital Infrastructure Fund II Updated On Wed, Jan 31st, 2024 by Saurenergy The European Investment Fund (EIF) recently signed a €150 million commitment to the White Summit Capital Decarbonisation Infrastructure Fund II (WDIF II). European Investment Fund (EIF), a part of the European Investment Bank Group recently signed an agreement with ‘White Summit Capital’ which forms a specialised energy transition infrastructure investment manager. The project has the […] Read more
ResponsAbility Invests USD 25mn In BluSmart EV Network Updated On Tue, Jan 30th, 2024 by Saurenergy As part of its broader USD 500 million climate investment strategy aimed at actively reducing CO2 emissions in Asia, responsAbility will invest up to USD 25 million on behalf of its investors in Indian EV ride-hailing service provider-BluSmart, the firm announced. “This investment will help BluSmart expand its EV charging infrastructure across India and is […] Read more
Adani Green Delivers Stellar Q3 Results-Profit Up 148% on 40% Turnover Jump Updated On Tue, Jan 30th, 2024 by Saurenergy Adani Green Energy Limited has announced its financial results for Q3 and nine months ending December 31, 2023. The firm, which is the green energy project developer from the Adani Group, saw consolidated net profit improve by 148.54% to Rs 256 crore in Q3FY23 as compared to Rs 103 crore reported in the same period […] Read more
COVER STORY: Rooftop Solar Enters Mission Mode In India Updated On Mon, Jan 29th, 2024 by Saurenergy The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […] Read more
Top 5 Implications of India’s New Rooftop Solar Scheme Updated On Mon, Jan 29th, 2024 by Saurenergy PM Modi’s announcement of Pradhanmantri Suryodaya Yojana, has energised industry, with hopes high for a massive impetus to rooftop solar from the scheme. From more funding and subsidies, to opportunities and jobs, the scheme holds potential to be a real gamechanger. We list the top 5 ways it will change the solar landscape in India. […] Read more
“International Initiatives Such As CBAM And Carbon Trading Will Support RE Adoption”, Akshay Hiranandani, Serentica Renewables Updated On Mon, Jan 29th, 2024 by Saurenergy Has Serentica’s launch plan changed since its inception, or is it following the original plan to achieve the fastest renewable expansion? Can you provide the current status of the firm’s plans, including specific timelines for capacity additions? Serentica remains committed to industrial decarbonization and providing 24/7 green power for hard-to-abate industries. Our current focus centers […] Read more
REC Ltd, NIIFL collaborate on funding solutions for renewable energy, other infra projects Updated On Mon, Jan 29th, 2024 by Saurenergy REC Limited has signed a Memorandum of Understanding (MoU) with the National Investment and Infrastructure Fund Limited (NIIFL) to collaborate on a suite of funding solutions for “Renewable Energy Projects” as well as large-scale infrastructure projects in India. REC Ltd is a Maharatna CPSE and also a leading NBFC that comes under the ambit of […] Read more
Enel Subsidiary 3Sun Secures €560 million For HJT Solar Manufacturing In Italy Updated On Thu, Jan 25th, 2024 by Saurenergy Italy, which has been a surprise beneficiary of the European push for more manufacturing, got another boost with 3Sun, the solar module manufacturing subsidiary of Italian utility Enel secured €560 million for its heterojunction module assembly plant in Sicily, Italy. Details on the number of jobs this would create are not available, but widely expected […] Read more
Senior Performance Analysis & Simulation Engineer Updated On Tue, Jan 23rd, 2024 by Saurenergy Electromobility in Bangalore is a young, dynamic and growing organization. We work in close cooperation with colleagues across globe to develop solutions and components which will electrify Volvo vehicles and contribute for a sustainable future. The importance of electromobility is growing every day and a key component within the electrified powertrain is the Energy Storage […] Read more
