PE/VC Inflows Surged by 46 Percent in First Half, Cross $15 Billion, Says Report Updated On Tue, Jul 10th, 2018 by Saurenergy The report stated that the period saw as many as 36 large deals worth USD 11.5 billion, which were mostly buyouts, making such deals the highest ever at USD 4.9 billion, or 32 percent of all investments received. The funds from the private equity (PE) and venture capitalists (VCs) have surged by 46% in the first […] Read more
Electric Vehicles Market in India – A Rocky Road Ahead! Updated On Tue, Jul 3rd, 2018 by Saurenergy In a bid to reiterate India’s commitment towards climate change during the UN Climate Change Conference (COP-21) in Paris, the union government has braced it’s arms to make a major shift from the petroleum product run vehicles to Electric Vehicles (EVs) by 2030. Though the government of India’s ambition of having more than 10 million […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
Cleanergy Now Becomes Azelio; Raises 100 Mn SEK via Pvt Placement Updated On Mon, Jun 11th, 2018 by Saurenergy The move has come as a representation of the company’s solar focus and to better differentiate from the competition on the global arena. In order to accelerate the commercialization of its unique solar energy technology, storage solutions provider Cleanergy has changed its name to Azelio. The move has come as a representation of the company’s […] Read more
Finland’s Fortum to sell 54% Stake in Indian Projects Updated On Fri, Jun 8th, 2018 by Saurenergy “This project demonstrates the growing maturity of India’s secondary market for renewables – creating an environment in which private investors have the confidence to invest in new greenfield projects that will accelerate the decarbonization of India’s economy” With an aggregate capacity of 185 MW in India, Finland’s Fortum sign an agreement to sell a 54% […] Read more
Milan Vihar Apartments First to Get Rooftop Solar Plant in Delhi Updated On Mon, May 14th, 2018 by Saurenergy The plant, 140 KW capacity, was inaugurated by Delhi Chief Minister Arvind kejriwal, can generate electricity for around 400 flats of the society. To embark on the solar bandwagon, Milan Vihar Apartments of East Delhi’s IP Extension has successfully installed its own rooftop solar power plants. The installation makes it first group housing society in […] Read more
J&K Cabinet Okays Setting Up of JK Renewable Energy Corporation Updated On Wed, Apr 25th, 2018 by Saurenergy The corporation will be a private limited company wholly owned by the state government with an authorised share capital of Rs 1 crore fully paid up and subscribed by the Jammu and Kashmir government. In a move to boost the usage of green energy, the Cabinet of Jammu and Kashmir has given its approval for […] Read more
Everstone Group, Lightsource BP Form 50:50 JV to Invest in Indian Green Infrastructure Updated On Thu, Apr 19th, 2018 by Saurenergy The newly formed JV will provide the funds with the financial and strategic resources of the partners aiming to create successful green energy businesses in partnership with local management teams. Indian private equity fund Everstone Group and British solar parks developer Lightsource BP has formed a 50:50 Joint Venture (JV) called ‘EverSource Capital’ to jointly […] Read more
Arcadia Power and New Columbia Solar Launch New Partnership Updated On Sat, Mar 17th, 2018 by Saurenergy New Columbia Solar’s clean energy systems are being built and operated on buildings all across the city, enabling District residents to power their lives entirely through locally based solar energy. Arcadia Power, a home energy platform for clean energy and savings, and New Columbia Solar, a local energy provider of solar electricity has announced a […] Read more
