Encourage Capital’s Fund For Indian Rooftop Segment Closes at $40 Mn Updated On Sat, Jun 29th, 2019 by Saurenergy Encourage Capital has announced the first closing of a new fund at $40 million, which will invest in Indian commercial rooftop solar segment Encourage Capital, LLC, an impact investment asset manager and advisory firm, has announced the first closing of a new private equity fund, Encourage Solar Finance, L.P. at $40 million. The fund will […] Read more
As India’s States Pivot to Electric Buses, Challenges Surface Updated On Fri, Jun 28th, 2019 by Saurenergy In just the past two months, announcements have been made for over 2000 electric buses from states across India, be it Delhi, Kashmir, Maharashtra or Punjab. It is important that local state transport authorities realise that an electric bus purchase is much more than just buying a bus that runs on electricity. Earlier this week, […] Read more
Europe to Surpass 250 GW Installed Solar Capacity by 2024: Report Updated On Thu, Jun 27th, 2019 by Saurenergy According to a new report, the total installed solar capacity in Europe will surpass 250 GW by 2024, with new solar installations doubling in the next 3 years According to a new report, new solar installations in Europe will double in the next 3 years to reach a level of approximately 20 GW/year, and the […] Read more
The Biggest Challenge for Mass Adoption Of Electric Vehicles in India Updated On Tue, Jun 25th, 2019 by Saurenergy Even as Electric Vehicles Start to make their presence felt on Indian roads, the biggest challenge remains to be tackled. Range Anxiety The electric mobility transition has slowly but steadily taken precedence around the world, more strongly in developed countries where we are witnessing mass adoption of such vehicles. Vehicles that we know are better […] Read more
NTPC Issues Tender For Civil Works For 24 MW Solar Plant in Solapur Updated On Tue, Jun 25th, 2019 by Saurenergy NTPC has invited bids from eligible bidders for the civil works package of 24 MW solar project at Solapur. NTPC Ltd. has invited bids from eligible bidders who are enlisted with the NTPC for the civil works package of 24 MW solar project at Solapur in Maharashtra. The brief scope of work for the selected […] Read more
Andhra Pradesh to Procure 350 Electric Buses For Rs 764 Cr Updated On Sat, Jun 22nd, 2019 by Saurenergy Andhra Pradesh will shortly procure 350 electric buses to will ply in Vijayawada, Amaravati, Visakhapatnam, Tirupati and Kakinada on a pilot basis. In a major push to eco-friendly public transport in Andhra Pradesh, public carrier APSRTC will shortly procure 350 electric buses. The electric buses will ply in Vijayawada, Amaravati, Visakhapatnam, Tirupati and Kakinada on a pilot […] Read more
FMO Grants Rs 208 Cr to Srei Equipment For Refinancing Green Projects Updated On Fri, Jun 21st, 2019 by Saurenergy Srei Equipment has received credit approval for Rs 208 crore from FMO. The industry leader in construction and mining equipment financing, Srei Equipment Finance Limited, a wholly-owned subsidiary of Srei Infrastructure Finance Limited has received credit approval for USD 30 million (Rs 208 crore) from FMO, a Netherlands based Development Finance Bank. According to Srei, […] Read more
Helping Achieve Grid Stability A Big Opportunity for Wärtsilä India – Neeraj Sharma Updated On Thu, Jun 20th, 2019 by Saurenergy With a total delivery of over 250 power plants and 3500MW of generation capacity, Wartsila India has had a ringside view of the evolving power scenario in India. The Finnish multinational is now making a strong case for its gas based plants, to balance out demand surges, as renewable energy plays a bigger role. Not […] Read more
Azure Power Announces 29% Gain in Revenue For FY 2018-19 Updated On Wed, Jun 12th, 2019 by Saurenergy Total revenue for Azure Power during the year was Rs 992.6 crore, up by 29% from Rs 770 crore during last year. Azure Power, a leading independent solar power producer in India, has announced its consolidated results and revenue for the fiscal fourth quarter and year ended March 31, 2019. The company generated a revenue […] Read more
