IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa Updated On Thu, Feb 8th, 2024 by Saurenergy International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […] Read more
Solar Finance Startup Metafin Gets $5 Million Funding Updated On Thu, Feb 8th, 2024 by Saurenergy Metafin, a leading cleantech-focused NBFC, has successfully raised $5 million in equity funding, led by Prime Venture Partners and Varanium Capital. This investment backs Metafin’s approach to accelerating rooftop solar adoption and financing in rural India. Metafin plans to utilize funds to expand across states, grow its loan book, enhance its technology and IoT stack, […] Read more
The Pushback Against China’s Dominance In Solar Manufacturing Updated On Thu, Feb 8th, 2024 by Saurenergy Close on the heels of the European Solar Manufacturing Council (ESMC) virtually putting up its hands on the future of solar manufacturers in the continent comes news of US senators urging the Biden Administration to take action against ‘cheap” Chinese imports as well. The same Chinese imports have actually made solar more accessible and viable […] Read more
Nextracker Accelerates Distributed Solar Generation, Delivers 600 Projects Updated On Thu, Feb 8th, 2024 by Saurenergy Nextracker, an integrated solar tracker and software solution provider, announced it has surpassed 600 projects delivered in its distributed generation (DG) portfolio. Driven by customers realizing significant energy gains using its NX Horizon™ solar tracker systems, Nextracker’s DG projects are deployed worldwide in commercial and industrial applications, including data centers, farming, retail, education, and manufacturing […] Read more
Rooftop Solar: Rajasthan Regulator Increases Net-Metering Limit To 1MW Updated On Thu, Feb 8th, 2024 by Saurenergy Rajasthan Electricity Regulatory Commission (RERC), in its latest suo-motu order, increased the net metering limit for rooftop solar consumers from 500 Kw to 1 Megawatt (MW). The order cited the slow growth of rooftop solar in the state and the thrust of the Union government toward the segment. Per the Rights of Consumer (ROC) Amendment […] Read more
Electrical Programming Engineer Updated On Wed, Feb 7th, 2024 by Saurenergy This Electrical Programming Controls Engineer is to be responsible for the design, modelling, and development and testing of control systems designed to allow refuse collection vehicles to collect, store and process refuse as required by the customer. Develop functional requirements. Understand and apply standard engineering principles. Create simulations and prototypes to evaluate preliminary designs and […] Read more
Yuma Energy Completes 10 Million Battery Swaps Within A Year Updated On Wed, Feb 7th, 2024 by Saurenergy Bengaluru-based Yuma Energy has developed over 125 battery swapping stations across 5 major metros and averaged 800,000 swaps every month. Battery-as-a-service (BaaS) company, Yuma Energy, a joint venture between Magna and Yulu, has announced, the completion of 10 million lifetime battery swaps in its first year of operations. The company began operations in February 2023 […] Read more
GFCL EV Plans To Invest Rs 6000cr In Next Years In EV, Energy Storage Updated On Wed, Feb 7th, 2024 by Saurenergy Gujarat Fluorochemicals (GFCL) EV Products Ltd, a subsidiary of Gujarat Fluorochemicals Ltd. (GFL), recently announced an investment of INR 6000 Crores (out of which approx. Rs 650 Cr is already invested till 31.12.2023) over the next 4- 5 years. This investment is to enable a supply of approx. 200 GWh/annually of electric vehicle (EV) and […] Read more
Servotech, Adani TotalEnergies Sign Contract To Setup EV Chargers Updated On Wed, Feb 7th, 2024 by Saurenergy Servotech, a tech enabled EV Charging solutions provider, has recently signed a contract with Adani TotalEnergies E-Mobility Ltd. (ATEL) a subsidiary of Adani Total Gas Limited for setting up Alternating Current (AC) EV chargers. Servotech Power Systems will be responsible for manufacturing, supplying and Installing AC EV Chargers at different Airports and other said locations, […] Read more
