Saur Energy International
27th August 2024

RENEWABLES NEWS

gautam-solar

Adani Power Debuts In Middle East, Sets Up Subsidiary At Abu Dhabi

Adani Power Limited has established a new wholly-owned subsidiary, Adani Power Middle East Ltd., in Abu Dhabi, United Arab Emirates, following its expansion into Singapore. The company informed the exchange that Adani Power Middle East Ltd. will focus on investments in power, infrastructure, and related...

A Week Later, No Relenting In Tamil Nadu Decision To Add ‘Resource Charge’ On Wind Energy

The Tamil Nadu government , which imposed a Rs 50 lakh 'resource charge' for every MW of upcoming ISTS connected wind energy installations in the state, seems unwilling to relent on the decision. The state, one of the most well placed to generate wind power...

icon solar

Green Stocks 27 August: Waaree Renewable Price Sees 5% Rise

After a long hiatus, nine out of eleven stocks saw a rise in prices, with Waaree Renewable Technologies taking the top spot with a 5% increase. This was followed by JSW Energy, which saw a 2.49% jump, and Tata Power, which experienced a 1.31% rise....

solax power

UltraTech Secures $500mn Financing For Sustainability Initiatives

UltraTech Cement Limited (UltraTech) recently raised $500 million through a sustainability-linked loan, with participation from six banks. Sumitomo Mitsui Banking Corporation (SMBC) acted as the sole Sustainability Coordinator for this transaction and served as the exclusive advisor on UltraTech’s Sustainability-Linked Financing Framework. The primary lenders...

ib solar

Premier Energies IPO Up For Subscription From Today

Indian solar cell and solar module manufacturing company Premier Energies Limited today opened up its Initial Public Offer (IPO) for subscription for investors. The offerings will be open for the public from August 27 to August 29. With the IPO offerings, the Hyderabad-based company has...

Luno Solar

MeyerBurger Drops US Cell Manaufacturing Plans Citing Viability

In a development that seemed to surprise some, Swiss solar manufacturer Meyer Burger announced on August 26 that it was suspending planned construction of a silicon solar cell production facility in Colorado Springs, Colorado. Meyer Burger cited financial viability as a reason for the decision....

TrinaTracker Expands Presence in Latin America’s Solar Market

With the growing trend of large centralized power generation projects in Brazil, TrinaTracker, a global provider of smart tracker solutions, has strengthened its foothold in the region. According to global energy data analyst Wood Mackenzie, TrinaTracker ranked third in solar tracker shipments to Latin America...

Novasysgreen

Mergence, Solarise Africa Invest R160 Million In South Africa

Solarise Africa, an Energy-as-a-Service company, has announced a strategic partnership with Mergence Investment Managers, securing an R160 million investment to expand Commercial & Industrial (C&I) renewable energy solutions across South Africa. The introduction of local debt and a mezzanine facility will enhance the company’s ability...

EV's & Storage News

Canada Imposes Surcharges Against Imports Of Chinese EVs

After the United States (US), and European Union (EU), the Canadian government has now implemented new measures to protect its workers and key economic sectors from unfair Chinese trade practices while supporting job creation in the electric vehicle (EV) supply chain.Canada's steel and aluminum sectors...

Euler Motors Announces Entry Of Its First Commercial 4-Wheeler EV

Euler Motors, a commercial electric vehicle manufacturer, has announced its entry into the small commercial vehicle (SCV) segment, with its first 4-wheeler that will offer 1000+ kgs payload. Planned for launch in the upcoming festive season. Euler Motors’ new SCV will be designed to meet...

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