EV Maker Ola Takes Home INR 3,200 in Fundraising Round Updated On Fri, Oct 27th, 2023 by Saurenergy Bengaluru’s electric vehicle firm Ola Electric has closed INR 3,200 crore in its fundraising round. The funds were raised from from marquee investors led by Singapore-based Temasek and project debt from State Bank of India respectively. The funds would be used be employed towards the expansion of Ola’s EV business and the establishment of a […] Read more
Enfinity Continues Italian Conquest with 97 MW Agreement Updated On Wed, Oct 25th, 2023 by Saurenergy Italy based firm A2A Group, which supplies energy solutions, has joined hands with Enfinity Global by way of a power purchase agreement (PPA) for three of Enfinity’s solar projects in Lazio, Italy. The three projects account for a cumulative capacity of 97 MW. The agreement begins to take shape in July 2025. A2A Group is […] Read more
Four Areas Where Solar Power Can, Is, and Ought To Make a Bigger Impact Updated On Fri, Oct 13th, 2023 by Saurenergy “The real wealth of a nation is its people. The purpose of development is to create an enabling environment for people to enjoy long, healthy and creative lives,” said noted economist and Noble Prize winner Mahbub-ul-Haq. I was reminded of this profound universal concept that underpins today’s ‘Human Development Index,’ which serves as the defining […] Read more
Australian Battery Recycling Start up Renewable Metals Scoops Up $8 Million Updated On Fri, Oct 6th, 2023 by Saurenergy Perth-based firm Renewable Metals has raised an AUD $8 million in funding from the Clean Energy Finance Corporation (CEFC), to scale up its battery recycling technology. Lithium ion battery recycling has been a focus area for many startups around the world, as the case is extremely strong on both environment and economic grounds, thanks to […] Read more
Canada’s Brookfield Asset Management Adds $845 Mn for JV with Axis Energy Updated On Fri, Sep 29th, 2023 by Saurenergy Canadian investor in renewable energy, Brookfield Asset Management has announced a second joint venture with Telangana-headquartered clean energy firm, Axis Energy Ventures. Brookfield Asset Management will invest worth $845 million in solar and wind energy projects of the Indian firm. The investment is being made from the Brookfield Global Transition Fund II to accelerate countrywide […] Read more
KSB Ltd Pockets Order for 800 Solar Water Pumping Systems from UP Govt Updated On Fri, Sep 29th, 2023 by Saurenergy Pune-headquartered firm, KSB Limited, which delves into the commissioning, inspection, servicing and maintenance of pumps, has received a letter of award for 800 solar water pumping systems under PM-Kusum III Scheme under Component B. The value of the order is pegged at INR 27.78 crores and been awarded by the Department of Agriculture, Uttar Pradesh. […] Read more
Amara Raja Batteries Limited Is Now Amara Raja Energy & Mobility Limited Updated On Thu, Sep 28th, 2023 by Saurenergy Two years ago, Amara Raja Batteries Limited (ARBL), which delves in industrial and automotive battery sector (listed as BSE: 500008 and NSE Code: AMARAJABAT), announced to direct its focus beyond batteries and address the larger energy and mobility space. The firm has now capped off the journey with the official name change to Amara Raja […] Read more
CERC Refrains From Penalizing Southern States For Power Over Drawl Updated On Tue, Sep 12th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest judgment, has warned the southern Indian states against ignoring the warnings from the regional load despatch centers. The Commission, however, refrained from levying penalties on the state utilities for the same. The case came to the fore when the Southern Regional Load Despatch Centre (SRLDC) moved the […] Read more
Chennai To Host Windergy India Meet This October Updated On Wed, Sep 6th, 2023 by Saurenergy Several wind energy behemoths and industry leaders are now all set to hold meetings to brainstorm renewable technologies at the upcoming Windergy India 2023 event. The event has been planned in Chennai from October 4 to October 6 at the Chennai Trade Centre. A series of conferences with participation from the Tamil Nadu government, the […] Read more
