Solar Rooftop Developer Freyr Energy Secures INR 54 Crore Equity Investment Updated On Mon, Oct 16th, 2023 by Saurenergy Freyr Energy, a leading tech-enabled rooftop solar company in India, has secured an equity investment of INR 58 Crores. Freyr Energy is focused on taking solar energy for the retail customers (Homeowners and Micro, Small, and Medium Enterprises) in India. The round was led by EDFI ElectriFI, an EU-funded impact investment facility managed by EDFI […] Read more
European Solar Body Wants Life Support Now, from the EU Updated On Thu, Oct 12th, 2023 by Saurenergy Solar Power Europe, the member-led association for the European solar PV sector, with claims to represents over 300 organisations across the entire solar sector in the continent has iterated its demand for direct support from the EU, instead of trade tariffs. Calling trade tariffs no solution, the board of Solar Power Europe said that ” […] Read more
India Requires $350-400bn For Its Clean Energy Ambitions: Report Updated On Thu, Oct 12th, 2023 by Saurenergy A latest KPMG report said India would require around USD 350-400 billion annually by 2047 for its clean energy ambitions. The report was released recently under the presence of Union Minister Hardeep Singh Puri in New Delhi. The report said the need for high-speed and large-scale energy transition offered investment opportunities. It said climate change […] Read more
Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing Updated On Wed, Oct 11th, 2023 by Saurenergy Advertising, Brand Ambassadors, And Celebrities Emerge As the ABC Of Solar Marketing As India’s domestic solar manufacturing ramps up from an estimated 38 GW currently to over 100 GW by 2026, firms have realised the limits of doing business as usual. Counting on large government-backed projects, with exports as the icing on the cake when […] Read more
Solar Energy-generated Electricity Costs only 3−6 Cents Per kWh: CDRI Report Updated On Wed, Oct 11th, 2023 by Saurenergy UNDP (United Nations Development Program) has released a report published by Coalition for Disaster Risk Infrastructure (CDRI), on ‘Capturing the Resilience Dividend’. Capital Cost in Solar The report suggests that the cost of capital offers a critical benchmark to assess the risks and return preferences of investors and the pricing of money in different geographies. […] Read more
India’s RE sector offers scale of economies to foreign investors: Dhananjay Singh, ENGIE Updated On Tue, Oct 10th, 2023 by Saurenergy Please tell us about your installed capacities in India. Globally, we have got about 38 Gigawatts of renewable capacity and out of that in India, we have got over a gigawatt in operations and close to 1 gigawatt in construction. And then we want to grow bigger in India and probably we want to be […] Read more
Credit Fair Joins Hands with Amplus to Finance Rooftop Solutions Updated On Thu, Oct 5th, 2023 by Saurenergy Credit Fair, a consumer lending fintech startup, has joined forces with Amplus Solar, a clean energy solutions provider. This collaboration offers collateral-free affordable financing to individuals, housing societies and trust associations looking to set up solar rooftops. The maximum loan an individual and MSME can avail of is up to Rs 200 lakh. Credit Fair […] Read more
First Ever Future Contract Written on Lithium Battery Space between LOHUM & Log9 Updated On Thu, Oct 5th, 2023 by Saurenergy LOHUM, a sustainable energy transition materials producer, based in India and Log9, an Indian Deep Tech company specialising in Advanced EV battery technology have announced a strategic partnership. This partnership locks in weighted battery buyback prices for Log9, powered by LOHUM’s DETX™ ‘future purchase price’ prediction index for battery assets. This partnership aimed at addressing […] Read more
Annual Global Investment in Energy Transition Tech Touched Record Level of US$ 1.1 Trillion in 2022 Updated On Wed, Oct 4th, 2023 by Saurenergy Deloitte’s recent report on India’s energy transition pathway, highlights three pillars of the energy transition pathway. The report mentions three important components in energy transition: grid decarbonisation, industrial decarbonisation, and transport transition. Investments in Energy Transition In 2022, annual global investment in energy transition technologies touched a record level of US$ 1.1 trillion, witnessing a 31 […] Read more