UK Releases New Measure To Support Faster Adoption Of Chargepoints Updated On Mon, Feb 5th, 2024 by Saurenergy The United Kingdom (UK) government recently released ‘Plan for Drivers’ a new measure to support electric vehicle drivers to make the switch towards electric vehicle. The new proposals are undertaken to ensure chargepoints can be installed even faster and it included grants for schools, cash for councils and new proposals to boost number of chargepoints. […] Read more
Cleantech Solar Raises Rs 6.25 Billion From Tata Capital for Indian RE Projects Updated On Thu, Feb 1st, 2024 by Saurenergy Singapore headquartered Cleantech Solar has successfully secured a substantial long-term senior secured loan facility of Rs 6.25 billion from Tata Capital Limited. This funding is earmarked for bolstering its open access portfolio within India. Cleantech Solar stands as a prominent provider of renewable energy solutions catering to corporate entities across India and Southeast Asia. It […] Read more
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
TATA Motors Launches 100 Electric Buses In Jammu For 12-Years Period Updated On Mon, Jan 29th, 2024 by Saurenergy Tata Motors recently announced delivery of Electric Vehicle (EV) air-conditioned buses to Jammu Smart City Limited through TML Smart City Mobility Solutions (J&K) Pvt Ltd, a Tata Motors Group company. It stated, “The initiative was led by the Housing and Urban Development Department of the Government of Jammu & Kashmir and is aimed at establishing […] Read more
Ecofy Secures INR 900 MN From Dutch Development Bank, FMO Updated On Thu, Jan 25th, 2024 by Saurenergy Ecofy, an Indian green-only Non-Banking Financial Company (NBFC) that provides climate finance to Indian consumer and small business sector, secured an investment of INR 900 Mn from Dutch bank, FMO. It received the loan from the Dutch Entrepreneurial development bank, leveraging FMO’s AAA rating and global credibility. Ecofy plans to grow its loan book, enable […] Read more
Uttarakhand Chief Minister Wants All State-Buildings To Be Powered By Solar Panels Updated On Wed, Jan 24th, 2024 by Saurenergy Uttarakhand Chief Minister Pushkar Singh Dhami wants all the government offices to have solar power panels installations in days to come. The Uttarakhand Chief Minister, to raise the solar installations in the state, directed the officers to make solar panels mandatory in all government offices. He said that the quest for solar power in government […] Read more
€300 Million IFC Loan For Iberdrola To Back Renewables Versus Coal Updated On Tue, Jan 9th, 2024 by Saurenergy The World Bank’s private lending arm, the International Finance Corporation (IFC) has backed Spanish utility major Iberdrola with a €300 million (US$328.7 million) loan to support and develop renewable energy projects in coal-dependent countries, including Morocco, Vietnam and Poland. According to Iberdrola,€170 million has already been committed to financing onshore wind projects in Poland, one of the biggest European […] Read more
Inox Wind Receives LoI For 50 MW Gujarat Wind Project from NLC India Updated On Tue, Jan 9th, 2024 by Saurenergy Indian wind energy solutions company Inox Wind Limited (IWL) today announced receiving a Letter of Intent (LoI) for executing a 50 MW ISTS (Inter-State Transmission System)-connected wind power project on a turnkey basis from NLC India Limited. NLC India is a Central Public Sector Utility (CPSU). As part of the project, Inox Wind will supply, install, and […] Read more
The Success Story of Solar Lighting in Rural Landscapes Updated On Wed, Dec 27th, 2023 by Saurenergy By Shashank Donthi, CEO of Hynetic Electronics Solar lighting in rural landscapes have gained popularity and extensive deployment in India due to their eco-friendly nature and cost-effectiveness. These lights harness solar energy during the day using photovoltaic panels and store it in batteries for illumination during the night. India’s rural communities form the foundation of […] Read more