Battery Storage Player Element Energy Secures $28 Mn Fresh Financing Updated On Thu, Dec 15th, 2022 by Saurenergy California – based battery management technology company Element Energy has announced the first close of $28 million in Series B financing. The round has been co-led by one of the largest clean energy generation companies and Cohort Ventures- a technology-based capital venture firm. Element Energy said that the round also included additional investment from existing […] Read more
Lightsource BP Concludes Financing on Australian Solar Projects Updated On Mon, Dec 12th, 2022 by Saurenergy Leading solar developer Lightsource BP has reached financial close on Australian solar projects of 515 MW worth US$365 mn. This 515 MW project capacity entails 425 MW Wellington North Solar Farm that is under development near Dubbo in central west New South Wales (NSW) and the 90 MW Wunghnu Solar Farm located in Victoria’s Goulburn […] Read more
Adani Green Raises $200 Mn Through Yen-Denominated Refinancing Deal Updated On Fri, Dec 2nd, 2022 by Saurenergy Adani Green Energy Ltd (AGEL) has raised a Japanese yen-denominated loan to refinance its current debt for 350 MW of solar projects in the Indian state of Andhra Pradesh. This was done through its subsidiary Adani Solar Energy AP Six. The facility consists of an amortizing project loan for JPY 27,954 million ($200 million), with […] Read more
AMEA Power Closes Financing of 1 GW Solar, Wind Project for US$1.1 Bn in Egypt Updated On Thu, Dec 1st, 2022 by Saurenergy AMEA Power, a Dubai-based developer, owner and operator of renewable generation assets, has closed the financing of 1 GW of renewable energy projects. The projects, which are to come up in Egypt, entail a 500 MW solar PV plant and a 500 MW wind farm. The US$1.1 billion investment for the project has been provided […] Read more
Pre-Series A Financing Led by Inflection Point Ventures Raises 11.5 Cr for Buyofuel Updated On Fri, Nov 18th, 2022 by Saurenergy Tamil Nadu-based online marketplace for alternative fuels, Buyofuel has raised more than Rs 11.5 crore in a Pre-Series A round led by Inflection Point Ventures, a Gurgaon-headquartered angel investing platform. Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech participated in the round. The funds raised will be used to develop product offerings, technology, and […] Read more
Polish Energy Firm R Power Secures €30m Financing Agreement Updated On Thu, Oct 27th, 2022 by Saurenergy Poland-based solar developer R Power signed a €30m loan agreement with Eiffel Investment Group to facilitate the establishment of R Power’s solar projects across Europe. The loan was approved from bridge financing funds taken care of by the French investor for a time span of up to 18 months. The agreement also entails an option […] Read more
Revfin Raises $10 Mn from Green Frontier Capital to Expand EV Financing Updated On Thu, Oct 20th, 2022 by Saurenergy Revfin, a Delhi-based EV finance platform for individual drivers, announced that its Series A round of fundraising, totaling $ 10 million in stock and debt, has been closed. In addition to participation from current investors, the funding round was led by Green Frontier Capital (GFC), India’s first-ever venture capital fund that specialises in climate investments […] Read more
iVOOMi Partners with Bajaj FinServ, L&T to Offer Easy Financing Solutions Updated On Fri, Oct 14th, 2022 by Saurenergy Pune-based electric two-wheeler manufacturer iVOOMi Energy recently partnered with Bajaj FinServ and L&T to promote the adoption of electric scooters through easy retail finance options to its consumers. iVOOMi and Bajaj FinServ have teamed to offer up to 100% EV finance at zero down payment with a minimum 7% interest rate to give customers viable […] Read more
Three Wheels United Forays into Two-Wheeler EV Financing Updated On Thu, Oct 13th, 2022 by Saurenergy Bengaluru-headquartered fintech firm for EV financing, Three Wheels United (TWU) has forayed into two-wheeler EV financing. TWU plans to finance 2000 two-wheelers in Delhi NCR and Karnataka during the next six months. Established in 2017 by Cedrick Tandong, Kevin Wervenbos, and Apurv Mehra, TWU is focused on simplifying finance for the adoption of EVs in […] Read more
