Husk Power Secures $4 Million In Debt Financing From ElectriFI Updated On Mon, Apr 15th, 2024 by Saurenergy In a joint announcement today, Husk Power Systems and ElectriFI announced collaborating with each other to boost the growth of renewable energy in rural India. Husk Power is a decentralized solar-hybrid mini-grid solution provider. ElectriFI is an EU-funded impact investment facility managed by EDFI Management Company. The firms today confirmed Husk’s securing of an additional […] Read more
Conference on Distributed Renewable Energy for Sustainable Development Updated On Wed, Feb 28th, 2024 by Saurenergy Power Foundation of India organized a conference on “Distributed Renewable Energy for Sustainable Development” in New Delhi, on 27th February 2024. The Conference was organized in collaboration with Climate Policy Initiative. The Conference brought together key stakeholders from the Government, Private and Public sectors, and policy think tanks. Notable participants included Bhupinder Singh Bhalla, Secretary, […] 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
Plans For Phase-III Of FAME Start, With Bigger, Wider Coverage Updated On Thu, Jan 4th, 2024 by Saurenergy Even as the secoonf phase of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) is likely to wind down this year, speculation is rising on the shape of the next phase of the scheme that was brought in to support EV transition. Administered by the Ministry of Heavy Industries (MHI), FAME-I(Rs 895 […] Read more
The Rise of Community Solar Initiatives Brightening Sustainable Future Updated On Fri, Dec 29th, 2023 by Saurenergy Swati Singh, Product Marketing Manager of Oorjan Cleantech Dayanita was born in the rural agrarian and fishing community of Hill Kaka, a remote hamlet in Poonch district, that’s almost cut off from the rest of India. At 19, she has never seen a light bulb lit up in her home. The rocky terrain, coupled with […] Read more
EVs Face A Speed Breaker As Skeptics Gather Evidence Around Key Issues Updated On Tue, Jun 6th, 2023 by Saurenergy The Delhi government recently announced Motor Vehicle Aggregator Policy, which mandates a shift to EVs for cab aggregators, besides other incentives for electric vehicles (EVs). The move has apparently caused a pause in the stock price of CNG supplier Indraprastha Gas Limited (IGL). The plan mulls phase-wise conversion of commercial cab services, running primarily on […] Read more
5 Solar Energy Myths That Need To Be Buried For Good Updated On Mon, May 29th, 2023 by Saurenergy Despite the many benefits that solar energy offers, it continues to be shrouded in myth. However, in the recent past, particularly the last five years, solar has overcome challenges, and many myths, like few heralded energy sources before it. Saur Energy deflates the most common myths around solar. We hope these have not kept you […] Read more
UP Issues Tender For Solarisation of 1,000 Agricultural Pumps Under PM-KUSUM Updated On Tue, May 23rd, 2023 by Saurenergy The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has now issued a tender for solarising 1,000 agricultural pumps under the Component C of Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) scheme. The state nodal agency for clean energy projects asked bidders to bid for the project under which they would be […] Read more
Icon Solar Aims To Touch USD 200 million sales by 2025: Shakti Dubey, Director Updated On Mon, May 8th, 2023 by Saurenergy Shakti Kumar Dubey is the Director of Icon Solar-En Power Technologies Private Limited (En-Icon), an Indian solar module manufacturing company. The company started its operations nine years ago and has expanded its base since then in the country. En-icon has also been important in supplying solar pumps under the PM-KUSUM and other solar pump schemes. In […] Read more