Fotowatio Renewable Ventures Raises $29 Million from IFC to Fund 100 MW Solar Power Projects in Andhra Pradesh Updated On Sat, Apr 29th, 2017 by Saurenergy The Company is building two solar power projects of 50MW each in Andhra Pradesh. The cost of the project is estimated at $119 million which will be funded through a mix of 75 per cent debt and 25 per cent equity. Fotowatio Renewable Ventures (FRV) has raised $29 million (~Rs.1.86 billion) in non-convertible debentures (NCDs) […] Read more
Hero Future Energies Raises USD 125 Million from World Bank’s private investment arm to fund RE projects Updated On Thu, Jan 5th, 2017 by Saurenergy HFE signed an agreement with IFC for the investment, the proceeds of which will be used to fund the construction of wind and solar power plants Hero Future Energies (HFE) has raised US$ 125 million in equity infusion from International Finance Corporation (IFC), the World Bank’s private investment arm. HFE signed an agreement with IFC […] Read more
Ujaas Energy seeking for shareholders’ approval to raise Rs 500 crore Updated On Thu, Sep 1st, 2016 by Saurenergy Ujaas Energy is looking for shareholders’ approval to raise Rs 500 crore through issuance of equity or equity-linked instruments. “It is proposed to raise funds of upto Rs 500 crore in one or more tranches through a mix of equity/equity-linked instruments..securities,” Ujaas Energy Ltd said in the notice of its annual general meeting, scheduled on […] Read more
Sungrow Raises US$ 400 Million to Strengthen Core Solar Business Updated On Wed, Aug 3rd, 2016 by Saurenergy Chinese PV inverter manufacturer Sungrow has announced that it issued 120 million additional shares—raising US$400 million of additional capital to strengthen it solar core business. With this new stock offering, the company is expected to reinforce its financial strength, reduce financial risk, and optimize its financial structure. The US$400 million raised in equity capital will […] Read more
SolarCity raises USD 345 million from four partners to finance new solar projects Updated On Mon, Jul 18th, 2016 by Saurenergy SolarCity has raised $345 million in tax equity from four separate partners in June and July to finance new solar projects. The fund will cover capital cost of new equipment and installations and make it possible for customers to pay less for solar power than they for utility power. Beside the USD345 million in new […] Read more
Vivint Solar closes a tax equity investment fund with new investor Updated On Tue, May 24th, 2016 by Saurenergy Vivint Solar closed a tax equity investment fund with a new investor, with an aggregate funding commitment of $75 million, which will enable the company to install more than 45 megawatts of residential solar energy systems. This is company’s first investment fund with this tax equity investor. The investment will enable Vivint Solar to design, […] Read more
Project Manager Updated On Fri, May 23rd, 2025 by Saurenergy We are seeking an experienced Project Manager with 5 to 10 years of expertise in large infrastructure projects within the solar manufacturing sector. The ideal candidate will be responsible for planning, executing, and monitoring large-scale projects while ensuring adherence to quality, timeline, and budget. Proficiency in Primavera (P6) for project scheduling and management is a must. Responsibilities:- Lead and manage large infrastructure […] Read more
Senior Executive- Accounts Payable Updated On Fri, May 23rd, 2025 by Saurenergy We are looking for experienced professionals to join our Finance team in the Accounts Payable function. The ideal candidate will have a strong background in managing vendor payments, invoice processing, reconciliations, and compliance with internal financial controls. Responsibilities:- Timely and accurate processing of vendor invoices in line with company policies. Verification of purchase orders, goods […] Read more
Acme Solar FY25 Results- Profits Up 130.7% As Margins Double Updated On Tue, May 20th, 2025 by Saurenergy Renewable energy developer and EPC firm Acme Solar has reported its Q4, and full year results for FY25. Key Highlights: 1,200 MW solar projects commissioned during the year; Additional 165 MW solar capacity commissioned in May’25, ▲ 9% from FY24 1,900 MW projects won during the year, resulting in a total portfolio of 6,970 MW […] Read more
