Ola Electric Recorded Sales of Rs 373 Cr in Fy22, Even as Losses Rose 4X Updated On Thu, Aug 10th, 2023 by Saurenergy Market leader Ola Electric has finally filed its Fy22 numbers a year behind schedule. And the numbers don’t make for pleasant reading, if you are an accountant. However, with it’s leadership in the 2 wheeler segment well entrenched for now, the firm will be expected to report a stronger set of numbers for FY23, as […] Read more
Google Looks at Powering Data Centres with Wind Energy in Belgium, Netherlands Updated On Mon, Apr 17th, 2023 by Saurenergy Tech giant Google has firmly set its sights on curbing carbon footprints and powering its date centres with renewable energy. To turn these goals into reality, Google has been on a PPA-signing spree with renewable energy firms. In the most recent news, the American firm has revealed that it has signed two PPAs in Belgium […] Read more
EV Scooter Maker Simple Energy Raises $20 Mn in Bridge Round Updated On Wed, Feb 8th, 2023 by Saurenergy Electric vehicle and clean energy startup Simple Energy has raised over $20 million in the ongoing bridge round. The fresh fund has come after a gap of 15 months for the Bengaluru-based startup. The bridge round witnessed the participation of investors from Arokiaswamy Velumani, founder of Thyrocare, Ashwin Hinduja of Gokaldas Group, Sanjay & Sandeep […] Read more
In Europe’s Largest Residential Financing, Berlin Unicorn Enpal Closes €855 Mn in Debt Funding Updated On Fri, Dec 16th, 2022 by Saurenergy Berlin-based solar systems maker, Enpal has secured debt funding worth €855 million. The fresh capital is aimed at providing impetus to solar adoption in all of Europe. Enpal, which was founded five years ago, is known for accelerating the adoption of solar systems in the residential sector. The financing comes at a crucial juncture for […] Read more
Indian Renewable Energy Sector Has Potential For $10 Bn Investment in 2023 Updated On Tue, Dec 13th, 2022 by Saurenergy India could draw close to $10 billion in renewable energy investment in 2023, which would be a positive given that public markets are still mostly closed to large-scale capital raising, according to Bank of America Corp’s top management. As investors aim to reflect the energy transformation in their portfolios, deals and investments will continue to […] Read more
Google, Microsoft Sign New Pacts to Employ Renewables in Data Centres Updated On Mon, Nov 28th, 2022 by Saurenergy IT conglomerates Google and Microsoft are increasingly opting for ways to decarbonise their businesses and help timely transition to green and clean energy. In a fresh development, both the companies have announced the signing of new agreements that will help them lower carbon footprint of their IT operations by the employment of renewable energy in […] Read more
SB Energy to Supply 942 MW Green Energy to Google Data Center in Texas Updated On Wed, Nov 2nd, 2022 by Saurenergy A leading climate infrastructure and technology platform headquartered in the San Francisco Bay Area, SB Energy Global has announced that Google will purchase about 75% percent of the renewable energy produced by four of its solar projects that are currently under development. The projects, totaling 1.2 gigawatts (GW) of capacity will support Google’s investment in […] Read more
Shining Bright. India’s Solar Start Ups Updated On Fri, Sep 30th, 2022 by Saurenergy When Prime Minister Narendra Modi launched the Start Up India movement in 2015 on August 15, perhaps even he wouldn’t have imagined the role startups were going to play in India’s clean energy transition. After all, the energy sector, with its tremendous policy overhang, large capital commitments, and the need for a long term perspective […] Read more
TOP FIVE SOLAR PARKS IN INDIA Updated On Thu, Mar 17th, 2022 by Saurenergy TOP FIVE SOLAR PARKS IN INDIA Name of the Park Location Planned Capacity Operational Commissioned Capacity Developer(s) Highlight Bhadla Solar Park Rajasthan 2245 MW 2245 MW • SB Energy SoftBank In December • Hero Future Energies 2020, the park • NTPC witnessed the • ACME Solar then lowest bid • Azure Power for solar power […] Read more
