DND flyway Power Capacity to turn Solar Updated On Mon, Mar 7th, 2016 by Saurenergy India is on a spree to eliminate fossil fuel dependency and accelerate alternative sources of energy. Latest reports assert that lighting facilty at the DND flyway will be illuminated by solar energy. The flyway operator, Noida Toll Bridge Company Ltd (NTBCL), has decided to shift to renewable energy source to refrain use of traditional power […] Read more
IFC Invests $400Mn To Support Bajaj Finance Climate Fundraising Updated On Thu, Nov 7th, 2024 by Saurenergy The International Finance Corporation (IFC), the World Bank’s private sector focused entity that offers investment, advisory, and asset-management services recently partnered with NBFC Bajaj Finance Limited (BFL) to invest $400 million. This is part of a $1 billion fundraising initiative by BFL. BFL raised IFC’s $400 million loan to expand financing options for customers buying […] Read more
NTPC, ONGC Form JV For Renewable Energy Updated On Mon, Nov 4th, 2024 by Saurenergy Maharatna PSUs NTPC and ONGC have collaborated to form a Joint Venture Company (JVC) through their Green Energy Subsidiaries (NTPC Green Energy Ltd. and ONGC Green Energy Ltd.) to further promote their interest in renewable and new energy arena. Subsequent to the signing of the Joint Venture Agreement on 7th February 2024, during India Energy […] Read more
Avaana Capital Raises Largest Climate-tech VC Fund Of $135mn Updated On Wed, Oct 23rd, 2024 by Saurenergy Indian climate-focused venture capital company Avaana Capital has announced the final close of its Avaana Climate and Sustainability Fund with a total fund size of USD 135 million. The firm said that being India’s largest institutional climate focused venture capital fund, the Avaana Climate and Sustainability Fund is working to invest in early-stage companies that […] Read more
Mercedes-Benz Opens Its Recycling Factory In Germany Updated On Tue, Oct 22nd, 2024 by Saurenergy German carmaker Mercedes-Benz recently opened its first battery recycling plant in Europe with an integrated mechanical-hydrometallurgical process making it one of the first car manufacturer worldwide to close the battery recycling loop with its own in-house facility. The recycling plant in Kuppenheim in southern Germany is set to boost the circular economy of automobile batteries. […] Read more
ZEVO Secures $2 Million In Pre-Series A Funding Updated On Thu, Oct 3rd, 2024 by Saurenergy ZEVO, a powerhouse tech-enabled Electric Vehicle (EV) mobility platform, has successfully raised $2 million in a Pre-Series A funding round. The investment was led by Pegasus India Fund, BizDateUp, JIIF and a family office. The newly acquired funds will be utilized to deploy 5,000 electric vehicles and develop fulfilment centres across key locations. “This initiative […] Read more
PM Modi To Launch EV Charging With Rs. 1,500 Cr Investment Updated On Thu, Sep 26th, 2024 by Saurenergy Prime Minister (PM) Narendra Modi recently announced plans to develop multiple energy options, including electric vehicles (EVs), compressed biogas (CBG), and ethanol-blended petrol (EBP), at a single retail outlet. To facilitate a smooth transition to green energy, decarbonization, and net-zero emissions, while reducing range anxiety for electric vehicle drivers, the Prime Minister plans to dedicate […] Read more
US-India Launch $1 Bn Initiative To Build Clean Supply Chains Updated On Mon, Sep 23rd, 2024 by Saurenergy The United States (US) and India elevate and expand bilateral technical, financial, and policy support to enhance the complementary manufacturing capacity of clean energy technologies and components. This policy also lays the groundwork for enhanced cooperation and partnerships in Africa. The Strategic Clean Energy Partnership, led by the US Department of Energy and Indian government […] Read more
Climate Pledge Set To Invest $2.65 Mn For EV Charging Stations Updated On Fri, Sep 20th, 2024 by Saurenergy The Climate Pledge, co-founded by Amazon and Global Optimism, is set to build a new project powered by renewable energy. Through this project, over $2.65 million will be collectively invested in these renewable energy-powered charging stations by signatories and partners of firm. This $2.65 million initiative aims to support over 5,500 EVs by 2030 and […] Read more
