Global Solar Investments Increased By 2% In Last 8 Years: Report Updated On Mon, Nov 6th, 2023 by Saurenergy A latest report by the International Solar Alliance (ISA) stated that global investment in solar increased by an average of around 2 percent over the last eight years. It added that, on the contrary, fossil fuels are still receiving a major share at nearly a trillion dollars annually. The report put the investment in the global energy sector […] Read more
143 Countries Are Net Importers of Fuels Globally: Report Updated On Thu, Oct 12th, 2023 by Saurenergy The United Nations Trade and Development (UNCTAD) in a conference recently unveiled a report on commodities and shared an update on its role in the development of emerging nations. This report sought to evaluate factors that bolster the adoption of eco-friendly industrial policies in developing countries reliant on commodities. It further expounds on UNCTAD’s mission, […] Read more
Nuru Gets $40 Million For Delivering Solar In Power Starved DRC Updated On Tue, Jul 4th, 2023 by Saurenergy Nuru, one of Africa’s pioneering renewable energy-powered metrogrid companies, has announced the successful close of over $40m in Series B equity funding and anticipates the close of an additional $28m in project finance by the end of the month. The funds will enable Nuru to commence construction on 13.7 MWp of projects, expanding its existing […] Read more
Jakson Green Claims Crossing 1 GW Order Milestone Updated On Tue, Apr 11th, 2023 by Saurenergy Jakson Green, backed by the India-headquartered infrastructure and renewables major Jakson Group, has announced today that it has secured over 1 GW of renewable EPC orders across India, Africa, and the Middle East regions within a record time. Jakson Green says that it has won EPC projects with leading renewable power producers in the Middle […] Read more
Servotech Penetrates Middle-East & Africa Markets with EV Charging Solutions Projects Updated On Mon, Feb 20th, 2023 by Saurenergy EV charger manufacturer and solar solutions provider Servotech Power Systems has recently announced a partnership with Dubai’s Al Ansari Motors LLC, a firm in motor vehicles and accessories trading. Under the partnership, Servotech will offer EV charging solutions to Middle Eastern and African markets. The charging solutions will include AC and DC EV chargers. The […] Read more
AREMI, Renewable Manufacturing Initiative for Africa Launched Updated On Fri, Jan 20th, 2023 by Saurenergy Sustainable Energy for All (SEforALL), the African Climate Foundation, Bloomberg Philanthropies, ClimateWorks Foundation, and the Chinese Renewable Energy Industries Association (CREIA) have together launched the Africa Renewable Energy Manufacturing Initiative (AREMI) at Abu Dhabi Sustainability Week, UAE, with an objective step up investment and action for renewable energy development in African countries to scale up […] Read more
Auto Component Giant MT Autocraft Announces 100 Cr Investment in E-Mobility Updated On Fri, Nov 11th, 2022 by Saurenergy Electric vehicle (EV) startup MTA E-Mobility Pvt Ltd was established by MT Autocraft, a provider of machined components and assemblies, with an investment of Rs 100 crore to develop EVs and essential electrical systems. The business constructed a facility of three acres in Palwal, in the national capital area, and will exhibit its goods and […] Read more
Bank Of America, Crossboundary Partner for RE Expansion Across Africa Updated On Thu, Nov 10th, 2022 by Saurenergy Renewable energy players, governments and financial institutions are leaving no stone unturned to expand the deployment of RE through pacts and agreements on the sidelines of COP-27. African renewable energy conglomerate CrossBoundary Energy has announced in Sharm el-Sheikh, Egypt at the COP27 about their intention to explore financing solutions with Bank of America to rapidly […] Read more
E-Bike Maker One Electric Looks Overseas For Expansion Updated On Wed, Jun 22nd, 2022 by Saurenergy Having already set up business in eight export markets, Noida-based electric motorcycle maker, One Electric is now looking to raise $5 million and another $20 million at the end of this year to fund its overseas expansion plans, which will entail an assembly plant in Nairobi, Kenya. As per Gaurav Uppal, the chief executive, One […] Read more
