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Sunsure Energy’s Contrarian Approach Pays Off 

Gurugram-based Sunsure Energy has made a virtue of what to many will appear to be a contrarian approach to business as a solar EPC and now, a developer (IPP). Founded in 2014 by Shashank Sharma (CEO),  Sunsure Energy has 500 MW of assets under operation, 2.5 GW of renewable energy capacity under construction, and a […]

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US-India Launch $1 Bn Initiative To Build Clean Supply Chains

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 […]

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ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth

A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […]

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Fiscal Year 2024: World Bank Provides $42.6 Bn Climate Finance

The World Bank Group delivered a record $42.6 billion in climate finance in fiscal year 2024—from July 1, 2023, to June 30, 2024, according to its ‘Climate Finance Fiscal Year 2024 Snapshot’. This is a 10% increase in climate finance compared to the previous year. At COP28, the World Bank Group committed to increasing its […]

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Capital A Launches Rs. 400 Cr Fund For Manufacturing And Climate Startups

 Capital A, the venture capital firm, has announced the launch of its second fund, targeting a corpus of Rs. 400Cr. This fund is focused on backing high-potential sectors such as manufacturing, deeptech, climate and fintech startups. Fund II aims to identify innovative technologies and business models set to shape the future. With plans to invest […]

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Powergrid Bags Khavda 7GW RE Transmission Project

The Powergrid Corporation of India Limited (PGCIL) announced a new renewable energy evacuation project from Khavda in Gujarat. The Central Public Sector Enterprise (CPSE) informed the stakeholders regarding the latest development in its filing before the stock exchange. As per the plan, the company with this project will help in evacuating 7 GW of green […]

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Green Startups Rising But Finance A Concern: MUFG Report

Funding continues to be a challenge for more than 800 climate tech startups in India, of which many have, till now, reached the growth stage. According to a report by IIMA Ventures and MUFG Bank, it is only 2.5% that get the prized Series A+ rounds. The report was launched at the Climate Action Summit, […]

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SaurEnergy Explains: BECCS – Bridging Energy Production and Carbon Removal

The world is making urgent efforts to reduce carbon footprints across various industries by adopting measures such as shifting to renewable energy, reducing coal and petroleum use, and promoting sustainability. While many of these measures focus on cutting emissions, others, like carbon capture and storage (CCS), aim to trap existing carbon dioxide in the atmosphere. […]

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Purvah Green, Ecoren Collaborate For 686.85 MW Wind Project

Today, West Bengal-based Purvah Green Power Private Limited, entered into a binding term sheet with Ecoren Energy India, which is neither a related party nor a part of the promoter or promoter group of the company. This agreement between the CESC subsidiary, Purvah Green Power, and Hyderabad-based Ecoren Energy is undertaken to build a wind […]

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