Govt Issues Draft Climate Finance Taxonomy To Curb Greenwashing Updated On Thu, May 8th, 2025 by Saurenergy India’s Department of Economic Affairs under the Ministry of Finance has issued a draft framework for the country’s Climate Finance Taxonomy and invited public and expert feedback by June 25, 2025. The draft framework will be the basis for developing sectoral annexures to outline the measures, activities, and projects considered climate-supportive, and those identified for […] Read more
BioLite Acquires Baobab+ To Further Renewable Energy In Africa Updated On Thu, May 8th, 2025 by Saurenergy Paris-based Baobab Group which provides financing to MSMEs mostly in Africa, has announced the successful completion of the sale of its majority stake in Baobab+ to BioLite. Headquartered in New York and Nairobi, BioLite was founded in 2009 by Jonathan Cedar and Alec and distributes off grid energy products. This strategic divestment will enable Baobab+ […] Read more
Green Stocks May 7: Stocks Struggle To Make Most Of Positive Day Updated On Wed, May 7th, 2025 by Saurenergy On a day when the market remained broadly positive, and the smaller caps more so, the green pack struggled to take full advantage. Many EPC players like KPI Green had a disastrous day, relatively, as it lost over 4%. Is the market reading the slight delay in the Q4 results announcement as a bad sign? […] Read more
PM Surya Ghar: SJVN Invites Bids for 10.6 MW Rooftop Solar Project Updated On Wed, May 7th, 2025 by Saurenergy SJVN has issued three tenders seeking solar rooftop power developers to set up a total of 10.6 MW of grid-connected rooftop solar power projects (without battery storage) across several Indian states under the PM Surya Ghar: Muft Bijli Yojana. Bids are open until May 27, 2025. A 2.95 MW tender covers rooftop solar installations in […] Read more
NIRL, RVUNL Sign PPA For 810 MW Solar Park In Pugal, Rajasthan Updated On Wed, May 7th, 2025 by Saurenergy NLC India Renewables Limited (NIRL), a subsidiary and renewable energy arm of NLC India Limited (NLCIL), has signed the Power Purchase Agreement (PPA) for its upcoming 810 MW Solar Power Project. This agreement was signed with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) at a ceremony held in Jaipur. The project will be established within […] Read more
Fearing The Wrong Tesla In India? Storage Business Could Be Tesla’s Surprise Winner Updated On Wed, May 7th, 2025 by Saurenergy Entry into the Indian market for Tesla’s EVs has occupied most media inches, with many local auto players fearing a bloodbath. But if and when it hits the ground in India, Elon Musk might find a different opportunity in India. With a massive energy storage target officially, and much more demand locally and in the […] Read more
ReNew Bags $100 Mn BII Funding For Solar Manufacturing in India Updated On Tue, May 6th, 2025 by Saurenergy Sumant Sinha led ReNew Energy Global Plc has secured an INR 8700 million (US$100 million) investment from British International Investment (“BII”), the UK’s development finance institution and impact investor, to accelerate the growth of its solar manufacturing business in India. The investment will be made in ReNew Photovoltaics Private Limited, ReNew’s dedicated solar manufacturing subsidiary […] Read more
Axis Energy Gets APERC Nod For 400 MW Hybrid Projects In Andhra Updated On Tue, May 6th, 2025 by Saurenergy Read more
