EV Startup Chargeup Raises $7 Million in Pre-Series A1 Round Updated On Thu, Nov 17th, 2022 by Saurenergy Chargeup, a battery-swapping firm based in Delhi and an Indian FinTech (Finance-Network-Technology Platform) platform, has secured $7 million in a Pre-Series A1 investment. Along with other notable investors like Ekta Kapoor, Sunil Kalra, and Sachin Mehra, it was co-led by Capital-A and Anicut Capital. By lending loans to Chargeup, Jiraaf, a platform for high-yield alternative […] Read more
EBRD Raises Stake in Infinity- Egypt’s Largest RE Provider Updated On Thu, Nov 17th, 2022 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has announced that it is increasing its equity stake in Infinity, Egypt’s largest renewable energy developer, through an additional $ 41.5 million commitment. The EBRD is already a shareholder in the company, having invested US$ 60 million in 2020. EBRD said that $41.5 million will support Infinity’s plans […] Read more
AfDB Invests $20 Million in Fund for RE Expansion in Sub-Sahara Updated On Thu, Nov 17th, 2022 by Saurenergy African Development Bank (AFDB) has held in a key announcement that the Board of Directors of the AfDB Group has approved an equity investment of $20 million in Evolution Fund III. It is a pan-African clean and sustainable energy private equity fund that is mobilising about $400 million into renewable energy and resource-efficiency assets across […] Read more
The Sanvaru Growth Story. Founder A.K Shukla Shares Plans Updated On Thu, Nov 17th, 2022 by Saurenergy  AT REI 2022 in Greater Noida’s Expo Centre, India’s renewable energy majors were present in strength this year. SaurEnergy caught up with (A K Shukla, Founder, Sanvaru Technology) to know more about their plans and expectations. Read more
Scorpius have Fewer Parts, and the Least Tonnage Globally, Making them Very Easy to Install Updated On Thu, Nov 17th, 2022 by Saurenergy  AT REI 2022 in Greater Noida’s Expo Centre, India’s renewable energy majors were present in strength this year. SaurEnergy caught up with (Shailesh Vaidya, CEO, Scorpius Trackers) to know more about their plans and expectations. Read more
EIB, AllianzGI Announce $100 Mn for Renewable Projects at COP27 Updated On Thu, Nov 17th, 2022 by Saurenergy The Emerging Market Climate Action Fund (EMCAF) has announced a $25 million investment into Alcazar Energy Partners II, a fund providing early-stage equity financing to develop, construct and operate renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia. This commitment is in parallel to EIB Global, the dedicated arm for […] Read more
APDCL Invites RFS For Two Solar Projects With Cumulative Capacity of 150 MW Updated On Thu, Nov 17th, 2022 by Saurenergy Assam Power Distribution Company Limited (APDCL) has invited the request for selection (RFS) for two solar projects / tenders with a cumulative capacity of 150 MW including 100 MW of grid-connected floating solar PV projects and 50 MW of grid-connected ground-mounted solar PV projects. The last date for submitting the online bid for both tenders […] Read more
ReNew Power & Egyptian Govt Sign Framework Agreement for Green Hydrogen Plant Updated On Wed, Nov 16th, 2022 by Saurenergy Renewable energy conglomerate, ReNew Power and the Egyptian government have signed a framework agreement for the construction of an $8 billion green hydrogen plant in the Suez Canal Economic Zone. The green hydrogen production capacity of the plant is anticipated to be 220,000 tonnes per year. Following the Memorandum of Understanding (MoU) signed in July […] Read more
EY Index Says Volatile Conditions Accelerate Global Renewables Market Updated On Wed, Nov 16th, 2022 by Saurenergy EY has released its latest index ‘Renewable Energy Country Attractiveness Index (RECAI 60)’ that shows that governments around the world are accelerating their renewables programs to help reduce their reliance on imported energy, in the face of continuing geopolitical tensions and economic uncertainty. RECAI 60 ranks the world’s top 40 markets on the attractiveness of […] Read more
