Vikram Solar Moves Closer to ₹ 1500 Cr IPO Updated On Wed, Jun 4th, 2025 by Saurenergy Vikram Solar Limited, one of India’s largest solar photo-voltaic modules manufacturers in terms of installed capacity, with more than 15 years of experience in the industry as of 31, March 2024, has received final observation from the capital markets regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO). […] Read more
Zelestra Energy Gets Financing for 237 MW Solar Projects In Spain Updated On Wed, May 14th, 2025 by Saurenergy Spanish EPC and Renewable energy developer Zelestra has achieved financial close for a portfolio of six solar projects in Spain. The projects, adding upto 237 MW form the Belinchón and Brazatortas clusters in Spain. A total of 21 power purchase agreements (PPAs) along with a debt package of €146.6m has been sanctioned for the construction […] Read more
Distributed Solar Startup Aerem Raises Rs 100 Crores Updated On Fri, Apr 4th, 2025 by Saurenergy Aerem, a solar platform dedicated to simplifying solar adoption for businesses and households, has announced that it has secured ₹100 crore in Series A round led by UTEC (University of Tokyo Edge Capital Partners), the Japan-based $700 million venture firm. The funds will drive the company’s expansion across India and enhance its solar financing and marketplace […] Read more
Orb Energy Passes Rs 300 Crore Milestone In Solar Financing Updated On Tue, Jan 14th, 2025 by Saurenergy Bengaluru-based Orb Energy, a vertically integrated solar energy solutions provider, has reached a significant milestone, crossing ₹300 crore in financing disbursements from its unique zero collateral, zero down payment in-house finance facility. The firm has been singularly focused on driving solar growth in the C&I sector by providing financing support as well, with a focus […] Read more
Finance On Agenda At IRENA’s 15th Assembly Updated On Tue, Jan 14th, 2025 by Saurenergy Renewable energy capacity must triple and the rate of annual energy efficiency increases must double by 2030. This translates into a cumulative investment of USD 31.5 trillion to renewable power, electrical networks, flexibility measures, energy efficiency, and conservation, by 2030. The role of emerging economies will be key in achieving the levels of investments in […] Read more
Federal Bank, Ecofy Tie Up For Boosting Rooftop Solar Financing Updated On Wed, Dec 18th, 2024 by Saurenergy Federal Bank has announced partnering with green fintech company Ecofy to offer innovative financing solutions for MSMEs investing in commercial rooftop solar installations. This collaboration marks one of the first comprehensive co-lending partnerships specifically designed to address the unique solar financing needs of the MSME sector, the companies said. The program targets financing 3,600 kW […] Read more
Mufin Green Finance Targets ₹500 Crore To Fund Solar Projects Updated On Wed, Dec 4th, 2024 by Saurenergy Mufin Green Finance, a climate finance solutions provider announced its entry into the solar financing sector. The firm said that it recently undertook the successful closure of its first solar financing transaction. The transaction amounted to ₹3.25 crore. This move marks the company’s expansion beyond electric vehicle (EV) financing. With the rise of need and […] Read more
candi solar Aims To Touch 200 MW Capacity In India By FY25: Nishant Sood Updated On Mon, Sep 9th, 2024 by Saurenergy How a solar company from Switzerland planned to invest in India? The main purpose of candi solar our company was to provide access to solar energy to industries, commercial entities, and any business entity that otherwise couldn’t access it. When we began our operations in India, around six years ago, PPA contracts were complex—70 pages […] Read more
BluPine Energy Secures Financial Closure for 120 MW Solar Project Updated On Mon, Apr 29th, 2024 by Saurenergy BluPine Energy, a leading renewable energy services company established in India by global infrastructure investor Actis has announced the successful financial closure for its 120 MW Solar Project in Sadla, Gujarat under GUVNL 18. BluPine Energy has secured the debt financing for its project from HDFC Bank, India’s largest private sector bank. The total debt […] Read more
