ESMAP, World Bank Report Make Case For Energy-Plus Storage In India Updated On Fri, Dec 29th, 2023 by Saurenergy A recent report from the World Bank on energy storage program, introduced a framework for addressing intermittency challenges in solar and wind energy. The proposed solution involves integrating battery energy storage to manage variable energy output effectively. This report is by the Energy Management Assessment Program (EMAP) in collaboration with the World Bank (WB), the […] Read more
Radiance Renewables Secures Green Loan Facility for 150 MW Solar Project Updated On Thu, Nov 2nd, 2023 by Saurenergy EverSource Capital-backed Radiance Renewables Pvt. Ltd. has become the first commercial & industrial (C&I) renewable energy player in India to secure a green loan project finance facility for its 150 MW (AC) greenfield C&I solar power project located in Maharashtra. The facility will provide the necessary financing for the 150 MW (AC) solar project located […] Read more
Husk Power Secures $100+ Million in Equity and Debt To Boost Growth Updated On Wed, Oct 25th, 2023 by Saurenergy Husk Power Systems has now announced closing $43 million in Series D funding. It said that it is the largest-ever equity raise in the minigrid industry. The funding, the firm said, would bolster Husk’s position as the leader in electrifying communities in rural Sub-Saharan Africa and South Asia with an Artificial Intelligence-enabled platform of renewable […] Read more
Voltalia Achieves Full Commissioning of Solar Cluster of 50.6 MW Capacity Updated On Tue, Aug 29th, 2023 by Saurenergy Renewable energy player, Voltalia, has successfully commissioned Garrido, the Portuguese cluster that entails five solar plants boasting 50.6 MW cumulatively. Construction for these projects began back in September 2021, advancing towards full capacity since March 2023. Power generation first kicked off at Vale Serrão (2.4 MW), Pinhal Novo (11.8 MW), and Alcochete (23.8 MW). The […] Read more
Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr Updated On Fri, Aug 11th, 2023 by Saurenergy Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021. Speaking about this development, Anders Blom, Vice President at Norfund […] Read more
Nuru Gets $40 Million For Delivering Solar In Power Starved DRC Updated On Tue, Jul 4th, 2023 by Saurenergy Nuru, one of Africa’s pioneering renewable energy-powered metrogrid companies, has announced the successful close of over $40m in Series B equity funding and anticipates the close of an additional $28m in project finance by the end of the month. The funds will enable Nuru to commence construction on 13.7 MWp of projects, expanding its existing […] Read more
Omnivore Seals First Close of Third Fund at $150 Million Updated On Wed, Jun 28th, 2023 by Saurenergy Impact venture capital firm Omnivore has announced the first close of its third fund at $150 million. First close investors include KfW, the Self Reliant India (SRI) Fund, FMO, SIFEM, the International Finance Corporation (IFC) with support from the Bill & Melinda Gates Foundation Inclusive Agritech Facility, Louis Dreyfus Company Ventures, the Dutch Good Growth […] Read more
Quality Manager (OGC) Updated On Mon, Jun 19th, 2023 by Saurenergy Roles & Responsibilities:- Quality Control/Quality Assurance & Continuous Improvement: Establish and enforce quality control protocols and procedures to stimulate consistent quality improvement across all functions. Verify compliance requirements with existing procedures. Direct end-to-end implementation of quality controls and review mechanisms. Proactively flag risks and offer recommendations on how to resolve them Advocate for minimizing rework […] Read more
Mahendra Lodha Joins PTC as Director (Finance) & CFO Updated On Thu, Jun 15th, 2023 by Saurenergy PTC India Financial Services Limited (PFS), a financial institution in sustainable green infrastructure finance, has announced the joining of Mahendra Lodha as Director (Finance) and CFO of the company. Lodha brings to the table a experience and expertise in finance and investment management, which will further strengthen PFS’s financial strategies and operations. As Director (Finance) […] Read more
