Indus Towers Plans To Foray Into EV Charging Infrastructure Space Updated On Fri, Jan 24th, 2025 by Saurenergy Indus Towers, a telecom tower infrastructure provider, has decided to explore business opportunities in the Electric Vehicle (EV) charging infrastructure sector. The company received approval from its Board of Directors to proceed, subject to a prudential framework. This comes after the firm already tried its hands on the same through some pilot projects. Indus Towers […] Read more
With a Vision For 8 GW, Essar Renewables In 2 GW MoU With Maha Govt Updated On Thu, Jan 23rd, 2025 by Saurenergy Essar Renewables Ltd (ERL), the Essar groups venture into the green energy sector, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra at the World Economic Forum (WEF) in Davos. The MoU paves the way for Essar Renewables’ proposed investment in the state, with plans to develop 2 GW of renewable energy […] Read more
Avaada Closes Financing For 9 of Its Diverse RE Projects In Q3FY25 Updated On Wed, Jan 22nd, 2025 by Saurenergy Avaada Group, a company operating in India’s renewable energy landscape, has successfully completed financing/refinancing of nine of its projects across the business divisions totaling for an amount of INR 8500 Crs (~USD 1 Bn). The transactions include a mix of Utility scale IPP projects, large-scale Agri Photovoltaic projects, Merchant power generation projects, C&I projects and […] Read more
Pralhad Joshi Reviews Solar Incentives Disbursed To Discoms Updated On Wed, Jan 22nd, 2025 by Saurenergy Union Minister of New and Renewable Energy Pralhad Joshi during a review meeting reviewed the disbursed amount of incentives released by the discoms for promoting rooftop solar. He highlighted the latest progress made by Rajasthan, Haryana, Punjab, Uttarakhand, and Uttar Pradesh Discom. The meeting reviewed the incentives released to Discoms for the financial years FY […] Read more
CleanMax Announces Financing For Onsite Solar Projects in UAE Updated On Wed, Jan 22nd, 2025 by Saurenergy Renewable energy company CleanMax today announced that it will obtain AED 99 Million (USD 27 Million) long-term credit facility from HSBC to develop and finance its onsite solar portfolio in the UAE. Cleanmax is a renewable energy provider for the Commercial and Industrial (C&I) sector and a Brookfield-backed company. The facility will cover 92 onsite […] Read more
H2, Inc. Secures $16mn Funding to Expand Flow Battery Manufacturing Updated On Wed, Jan 22nd, 2025 by Saurenergy H2, Inc., a Vanadium Flow Battery (VFB) developer and manufacturer headquartered in South Korea, successfully raised $16 million in recent bridge funding, finalized in the second half of 2024. This brings the company’s total accumulated funding to $77 million. The round was led by STIC Investments, one of the largest and leading private equity firms in Korea, with […] Read more
Maharashtra: Blue Energy To Set up 30,000 E-Truck Manufacturing Plant Updated On Wed, Jan 22nd, 2025 by Saurenergy Blue Energy Motors has signed a Memorandum of Understanding (MoU) with the Maharashtra government at the World Economic Forum in Davos. The MoU paves the way for Blue Energy Motors Ltd.’s proposed investment in the state, with plans to manufacture 30,000 electric trucks to foster industrial growth and significantly enhance the region’s EV truck manufacturing […] Read more
NTPC Floats JV To Boost Solar Projects In Sri Lanka Updated On Tue, Jan 21st, 2025 by Saurenergy Indian power behemoth National Thermal Power Corporation (NTPC) recently formed a joint venture with the Ceylon Electricity Board (CEB) and Trincomalee Power Company Limited (TPCL). It’s a 50:50 joint venture (JV) company NTPC-CEB is registered in Sri Lanka. It aims to develop a 50 MW solar project, expandable to 120 MW, in Sampoor, Trincomalee, Sri […] Read more
Envision Energy Set to Power Egypt’s Gigawatt-Scale Wind Project Updated On Tue, Jan 21st, 2025 by Saurenergy Green technology firm Envision Energy has secured a contract for Saudi developer ACWA Power. The contract is for its 1.1GW onshore wind farm in Egypt’s Gulf of Suez region, set to become one of the largest in the Middle East and North Africa (MENA) region. This collaboration will significantly enhance Egypt’s renewable energy capacity, supporting the country and MENA’s energy […] Read more
