Avaada Closes Financing For 9 of Its Diverse RE Projects In Q3FY25 Updated On Wed, Jan 22nd, 2025 by Saurenergy Avaada Group, a company operating in India’s renewable energy landscape, has successfully completed financing/refinancing of nine of its projects across the business divisions totaling for an amount of INR 8500 Crs (~USD 1 Bn). The transactions include a mix of Utility scale IPP projects, large-scale Agri Photovoltaic projects, Merchant power generation projects, C&I projects and […] Read more
CleanMax Announces Financing For Onsite Solar Projects in UAE Updated On Wed, Jan 22nd, 2025 by Saurenergy Renewable energy company CleanMax today announced that it will obtain AED 99 Million (USD 27 Million) long-term credit facility from HSBC to develop and finance its onsite solar portfolio in the UAE. Cleanmax is a renewable energy provider for the Commercial and Industrial (C&I) sector and a Brookfield-backed company. The facility will cover 92 onsite […] Read more
H2, Inc. Secures $16mn Funding to Expand Flow Battery Manufacturing Updated On Wed, Jan 22nd, 2025 by Saurenergy H2, Inc., a Vanadium Flow Battery (VFB) developer and manufacturer headquartered in South Korea, successfully raised $16 million in recent bridge funding, finalized in the second half of 2024. This brings the company’s total accumulated funding to $77 million. The round was led by STIC Investments, one of the largest and leading private equity firms in Korea, with […] Read more
NTPC Floats JV To Boost Solar Projects In Sri Lanka Updated On Tue, Jan 21st, 2025 by Saurenergy Indian power behemoth National Thermal Power Corporation (NTPC) recently formed a joint venture with the Ceylon Electricity Board (CEB) and Trincomalee Power Company Limited (TPCL). It’s a 50:50 joint venture (JV) company NTPC-CEB is registered in Sri Lanka. It aims to develop a 50 MW solar project, expandable to 120 MW, in Sampoor, Trincomalee, Sri […] Read more
JA Solar To Supply Africa’s Largest PV-Storage Project Updated On Mon, Jan 20th, 2025 by Saurenergy JA Solar has signed a 1.25GW module procurement agreement with China Energy Engineering Corporation (CEEC). The agreement secures JA Solar as the exclusive supplier of high-efficiency n-type photovoltaic (PV) modules for the Abydos Phase II 1GW+600MWh PV-Storage Project, the largest of its kind in Africa, developed by AMEA Power and constructed by CEEC. The signing […] Read more
First Made-in-US Solar Plant Set To Power Google Data Centers Updated On Fri, Jan 17th, 2025 by Saurenergy Made-in-US solar plants are now all set to power the Google data centers, the US Energy Department, under its policy office said in one of its latest blogs. The office said that this will boost the local economy and the American manufacturing industry in the country. US Office of Policy calls it one of the […] Read more
Assistant Manager – Talent Acquisition (Solar Manufacturing) Updated On Thu, Jan 16th, 2025 by Saurenergy We are seeking a skilled and experienced Talent Acquisition Specialist to lead end-to-end recruitment efforts for our manufacturing plant. The ideal candidate will have a strong background in recruitment, preferably in the manufacturing industry, with additional expertise in hiring for the solar manufacturing sector being a significant advantage. Familiarity with SuccessFactors or similar HR software will be an added advantage. Key Responsibilities:- […] Read more
AGM – Solar Module Quality Updated On Thu, Jan 16th, 2025 by Saurenergy Focus on relentless prioritization to maintain delivery on value, whilst ensuring secure, reliable and efficient operations for the product which are aligned with product roadmap objectives Roles and Responsibilities:- Reviewing and Monitoring for all levels of Quality Assurance and Control like Incoming Quality Control, In Process Quality Control and Final Quality Assurance of the Solar […] Read more
Euler Motors Raises USD 20 million From Zurich-Based responsAbility Updated On Wed, Jan 15th, 2025 by Saurenergy Euler Motors, a manufacturer of electric commercial vehicles, has successfully raised upto USD 20 million in debt funding from responsAbility Investments AG, an impact asset manager specializing in private market investments. This investment will help accelerate Euler Motors’ mission to electrify India’s commercial vehicle segment, enabling production scaling and advanced R&D for next-generation EV technology. […] Read more