Freyr Energy Secures Rs 27 Crore in Series A Funding Updated On Tue, Nov 27th, 2018 by Saurenergy Freyr Energy will use the funding to strengthen the technology aspect of their operations while enhancing the sales and marketing networks. Hyderabad-based Freyr Energy, a solar rooftop startup, has raised Rs 27 crore from C4D Partners, a Netherlands-based Impact Investment Fund in Series A. Prior to this, Freyr Energy had secured seed funding from Doen-Participaties, […] Read more
EIB Expands Cooperation with SBI in Wind Energy Financing Updated On Sat, Nov 24th, 2018 by Saurenergy With this collaboration, the promoters of wind projects in the country will benefit from long-term low cost financing under the dedicated EUR 600 million renewable energy financing programme that is already supporting large-scale solar investment across the country. The European Investment Bank (EIB) will increase its support for India’s wind energy projects by expanding the existing lending programmes […] Read more
ENGIE Acquires 90% Stake in Simpa Energy India Updated On Wed, Nov 14th, 2018 by Saurenergy ENGIE has acquired 90 percent stake in Simpa Energy India French clean energy giant ENGIE has acquired a controlling stake in Simpa Energy India Pvt Ltd the company announced. The move is set to expand ENGIE’s geographical footprint and accelerate the company’s growth. ENGIE has acquired 90 percent stake in Simpa Energy India from its […] Read more
EESL, ADB Ink Pact for $13 Mn GEF Grant to Establish EERF Updated On Mon, Nov 12th, 2018 by Saurenergy EERF aims to expand and sustain investments in the energy efficiency market in India, build market diversification, and scale up existing technologies. Towards supporting investments in new, innovative and scalable business models, EESL and Asian Development Bank (ADB) signed an agreement for a Global Environment Facility (GEF) grant of USD 13 million to establish an […] Read more
Piyush Goyal Gets Top Prize in Energy Policy Updated On Sat, Oct 27th, 2018 by Saurenergy As former Minister of Power and Renewables, Goyal fast-tracked the electrification of 18,000 remote villages in India—bridging the country’s vast energy divide. The Kleinman Center for Energy Policy bestowed its highest award ‘Carnot Prize’ to Piyush Goyal, India’s former Minister of Power and Renewables and current Minister of Railways and Coal. As former Minister of […] Read more
Waaree Energies Expands Footprint to SE Asia; Bags 60 MW Solar Project in Vietnam Updated On Fri, Oct 26th, 2018 by Saurenergy The company will be using its high efficiency mono-crystalline panels for this project. One of the leading solar PV manufacturer Waaree Energies has secured a 60 MW ground mounted on-site solar project in Vietnam. With the Turnkey Engineering, Procurement and Construction (EPC) contract, along with Operations and Maintenance (O&M), the project also marks the company’s […] Read more
Renew Power Partners with CII in its ‘Clean Air Better Life’ Initiative for Punjab Updated On Fri, Oct 26th, 2018 by Saurenergy Under this program, the company has committed to support 500 farmers from Ludhiana district and provide them access to climate smart technological solutions for farm residue management. India’s one of the leading renewable energy IPP, ReNew Power has collaborated with Confederation of Indian Industries (CII) in its ‘Clean Air Better Life’ initiative to help Punjab farmers; with alternative stubble […] Read more
India’s Rooftop Solar Market – High on Opportunities and Loaded with Challenges Updated On Wed, Oct 24th, 2018 by Saurenergy Experts from the industry, policy makers and market researchers will share their experience and views and suggest the ways to accelerate the market during three rooftop conference sessions at Intersolar India on December 11-13, 2018 in Bangalore. Net metering was introduced in India as a measure to make rooftop solar more accessible and economical for […] Read more
Green Climate Fund Invests $1 Bn for Developing Countries Updated On Tue, Oct 23rd, 2018 by Saurenergy The 19 new projects amount to a total investment from GCF of USD 1,038 million, and including co-financing the projects will channel over USD 4,244 million of climate finance for low-emission, climate-resilient development. The Green Climate Fund (GCF) in its 21st board meeting in Bahrain has approved over one billion dollars of new projects and […] Read more
