AutoNxt Automation Secures Pre-Series A Funding From Saama Updated On Tue, Apr 9th, 2024 by Saurenergy AutoNxt Automation, a technology start-up building high-torque electric powertrains and off-road autonomous technologies, announced the successful closure of its Pre-Series A round of funding led by Saama. Amit Singhal, the former head of Google’s search division, Suveer Sinha, India Head for KKR Capstone, Bluehill Capital, Keiretsu Forum, Soonicorn Ventures, and other marquee investors participated in […] Read more
COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip Updated On Tue, Feb 13th, 2024 by Saurenergy Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar. Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […] Read more
Neoen Secures Financing for Finland’s Largest Wind Farm at 404 MW Updated On Fri, Apr 9th, 2021 by Saurenergy Neoen has finalised the financing of Mutkalampi, a 404 MW wind farm in Finland, which will be the country’s largest wind farm on completion. Neoen has announced that it has finalised the financing of Mutkalampi, a 404 MW wind farm in Central and Northern Ostrobothnia in western Finland. Fully owned by Neoen, the project will […] Read more
Need To Make Development Financing Institutions for Infrastructure Development Updated On Mon, Aug 17th, 2020 by Saurenergy The government and regulators have taken effective steps at appropriate times to save the liquidity for the infrastructure projects and create effective demand in the market for continuity of businesses, deliberated Padmanabhan Raja Jaishankar, Managing Director, IIFCL, Government of India, in a session organised by PHD Chamber of Commerce and Industry on ‘Infrastructure Investment During COVID […] Read more
Renesola Secures USD 12 Million Financing for 19 MW Solar Project Updated On Mon, Jul 27th, 2020 by Saurenergy ReneSola has successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of its 19 MW solar project in Poland. ReneSola Ltd, a leading fully-integrated solar project developer has announced that it has successfully closed a bridge financing with Eiffel Energy Transition Fund to finance the construction of ReneSola Power’s 19 […] Read more
Idemitsu Completes Financing for 50 MW Solar Project in California Updated On Tue, Jun 30th, 2020 by Saurenergy Idemitsu Renewables has announced that it has closed on debt financing for its 50 MWp Central 40 solar project in Stanislaus County, California. Idemitsu Renewables, formerly Solar Frontier Americas, which is now the US-based renewable energy business of Idemitsu Kosan Co., Ltd, has announced that it has closed on debt financing for its 50 MWp Central […] Read more
CIT Arranges $85 Mn Financing for 80 MW Solar Project in Colorado Updated On Wed, Jun 24th, 2020 by Saurenergy Financial holding company CIT Group through its Power and Energy unit has arranged USD 85 million financings for an 80 MW Pioneer Solar project located in Colorado. CIT further served as sole lead arranger for financing on behalf of project sponsor Idemitsu Renewables, a leading solar project developer that has successfully built and sold hundreds of […] Read more
Sunnova Closes Sixth Residential Solar Loan Securitization Updated On Mon, Jun 22nd, 2020 by Saurenergy Sunnova Energy International (Sunnova) on Monday announced the closing of its 2nd solar-loan securitization and 6th residential solar securitization overall. The company is a leading US-based residential solar and energy storage service provider. Commenting on the development, William J. (John) Berger, Chief Executive Officer of Sunnova, said that “once again, the secured financing market has […] Read more
DroneBase Gets $7.5 Mn in Series C Funding to Expand Footprints in Solar, Wind Energy Market Updated On Wed, Jun 17th, 2020 by Saurenergy After analyzing the growth potential in the renewable energy sector, aerial data analytics company DroneBase has secured USD 7.5 million in series C funding in order to expand its footprints into the renewable energy market. The company is planning to do this further with its new platform DroneBase Insights for wind and solar industry. For […] Read more
