ADB & Shriram Finance Sign Deal To Boost EV Financing in India Updated On Tue, Mar 25th, 2025 by Saurenergy The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India. The agreement will focus on granting business loans for financing electric vehicles (EVs) and low-emission commercial vehicles for business purposes. The loan will particularly […] Read more
COVER STORY: India’s Different Path For Solar Module Manufacturing Updated On Fri, Mar 21st, 2025 by Saurenergy On February 17, the Ministry of New and Renewable Energy (MNRE) issued its latest ALMM (Approved List of Models and Manufacturers) list. The issuing of the much-awaited list has been increasing in frequency over the year, as the rate of addition of new firms and module manufacturing capacity picks up pace. From just 26 manufacturers […] Read more
India’s Power Sector Needs Regulatory Reforms, Says Report Updated On Thu, Mar 20th, 2025 by Saurenergy India’s transition to a cleaner, more sustainable power sector is at a critical juncture, with regulatory challenges, financial constraints and policy uncertainties shaping its trajectory. A new report by Primus Partners, ‘The Intersection of Power Sector Regulation & Sustainability Goals in India’, examines these challenges and proposes a roadmap for achieving India’s ambitious 500 GW […] Read more
Elon Musk’s Starlink Could Drive In Benefits For EVs In India Updated On Wed, Mar 19th, 2025 by Saurenergy Elon Musk’s Starlink is finally a player in India’s internet business. Thanks to the recently inked partnerships with Indian telecom giants Airtel and Jio, Musk’s tech juggernaut of SpaceX-owned Starlink and Tesla are magically aligning to enter India with quite a punch. Starlink is the “world’s first and largest satellite constellation using a low Earth orbit to […] Read more
Ayana Renewable To Raise Rs 150 Cr From IL&FS Mutual Fund Updated On Tue, Mar 18th, 2025 by Saurenergy Renewable energy company, Ayana Renewable is set to raise Rs 150 crore (approximately $17.4 million) in debt from IL&FS Mutual Fund. This funding comes just a month after the company signed a share purchase agreement with the ONGC-NTPC Joint Venture. The board at Ayana Renewable has passed a special resolution to issue 1,500 non-convertible debentures […] Read more
Tata Power, NSDC Partner To Skill Workers For Power Sector Updated On Wed, Mar 12th, 2025 by Saurenergy Tata Power, an integrated power company, and the National Skill Development Corporation (NSDC) have partnered to strengthen workforce readiness and skill development initiatives in India’s power sector. This collaboration, particularly focuses on green jobs and transmission and distribution skills leading to employability. Under this agreement, the Tata Power Skill Development Institute (TPSDI), will be NSDC’s […] Read more
Customer Service To Forefront As India’s Solar Boom Spreads Updated On Mon, Mar 3rd, 2025 by Saurenergy India’s solar ambitions are on a roll, and that’s visible in more ways than one. More and more solar installations are popping up if you look up from your phone around you, the number of solar firms listed on stock exchanges has gone up exponentially within two years, and of course, celebrities and influencers can […] Read more
Credit Fair Secures $5 Mn From Symbiotics Investments For Solar Financing Updated On Tue, Feb 18th, 2025 by Saurenergy Credit Fair, a non-banking financial company (NBFC) with its presence in the solar and MSME segments, has raised $5 million in debt from the $75-million Green Basket Bond issued by Symbiotics Investments. The bond, which is the second of its kind, was issued by Symbiotics Investments and subscribed to by British International Investment (BII), the […] Read more
Waiver of ISTS Charges-Will Power Ministry Oblige RE Developers? Updated On Mon, Feb 17th, 2025 by Saurenergy Inter State Transmission Charges or ISTS charges are a key component of power bills across India. Thus, their waiver for renewable energy producers has been a major support on which the energy has grown, by helping keep costs lower than they would otherwise have been. Of course, most states have sought to extract their own […] Read more
