Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans Updated On Thu, Oct 6th, 2022 by Saurenergy Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around Rs 1000 crore from various investors through private funding. The promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion plans of the firm to augment its manufacturing capabilities in India from 2 GW to 9 […] Read more
Qcells Launches Heating, Energy Solutions for European Energy Problems Updated On Mon, Sep 19th, 2022 by Saurenergy South Korea-based Qcells, a major manufacturer of photovoltaic solar cells, has announced the introduction of a ‘comprehensive energy management solution’ which it claims can help reduce electricity and heating bills of the European households. Qcells is a clean energy solution provider owned by Hanwha Solutions. The official statement of Qcells held that connecting its solar […] Read more
Agri Renewables Can Double Farmer Income, Help RE Targets: NSEFI-IGEF Roundtable Updated On Wed, Aug 24th, 2022 by Saurenergy The ‘National Roundtable on Agri-Renewables in India: A Double Engine Growth Strategy’ was jointly organized by National Solar Energy Federation of India (NSEFI) and Indo German Energy Forum (IGEF -SO) at Indian Habitat Centre, New Delhi. Pranav R Mehta, Chairman, NSEFI, spoke about the “Government of India’s target to become Energy Independent by 2047” and […] Read more
Inflation Reduction Act (IRA) 2022: A Bill To Make US ‘The Clean Energy Leader’ Updated On Tue, Aug 16th, 2022 by Saurenergy On August 7, 2022, the US Senate approved a Bill titled the Inflation Reduction Act (IRA) 2022 after a series of discussions and debates between the Democrats and Republicans. What makes the Bill more interesting is its special focus on climate friendly provisions. Climate action has been a priority ever since President Joe Biden came […] Read more
Bangladesh’s IDCOL Raises €80 Million From Germany’s Bank For RE Program Updated On Wed, Aug 10th, 2022 by Saurenergy Infrastructure Development Co. (IDCOL), a Bangladeshi state infrastructure investor, has received a loan of €80 million ($81.4 million) from Germany’s KfW Development Bank to assist enterprises in installing solar plants and solar irrigation pumps. The KfW will sponsor the “Renewable Energy Programme II” project. The interest rate and other terms and conditions are currently being […] Read more
Madhya Pradesh Hopes To Be Major Energy Exporter Using Green Power Updated On Mon, Aug 8th, 2022 by Saurenergy Madhya Pradesh, one of the states that has managed to shrug off an indifferent renewable record over the past three years to emerge as a renewable hotspot in India, has set a high target for 2030. The state hopes to add 20,000 MW of renewable energy, mostly solar power, to become a significant energy exporter […] Read more
Exponent and Alitigreen Launches Fast Charging EV Three-Wheeler Updated On Wed, Aug 3rd, 2022 by Saurenergy Bengaluru-headquartered EV start-up company, Exponent Energy has announced partnership with Alitigreen for launching a new EV three-wheeler. Through this collaboration, both the companies (Exponent Energy and Alitigreen) will make rapid charging a reality for EVs on Indian roads. They claim that the fastest charging electric 3- wheeler rapid charges from 0-100% battery capacity within 15 […] Read more
A Look At The Progress In Renewable Energy Sector In 2022 Updated On Wed, Jul 20th, 2022 by Saurenergy Think tank REN21 has released a report on the state of the renewable energy sector in 2022. Despite the pandemic’s aftereffects and a surge in global commodity prices, that led to a disruption in the supply chains for renewable energy and caused delays in projects, renewables saw yet another year of record growth in terms […] Read more
Chhattisgarh Has A New EV Policy, Announces SOPs To Develop State As EV Manufacturing Hub Updated On Fri, Jul 8th, 2022 by Saurenergy The Chhattisgarh government approved its electric vehicle (EV) policy on July 7 following in the footsteps of the states like Delhi, Haryana etc. The policy exempts the EV buyers from road tax and registration fee in an attempt to woo more people to purchase EVs and to relieve the tension arising from multiple hikes in […] Read more
