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
Oswal Pumps Set To Ride Solar Boom With IPO Nod Updated On Fri, Jan 3rd, 2025 by Saurenergy The Securities and Exchange Board of India (SEBI) has approved the issuance of an Initial Public Offering (IPO) by Oswal Pumps. This move paves the way for the Karnal-based solar pump company to enter the stock market. The approval comes at a time when several solar companies and solar pump manufacturers have already entered the […] Read more
Repurposing Over Recycling A Big Opportunity In Last Two Years- Gaurav Dolwani, LICO Materials Updated On Mon, Dec 30th, 2024 by Saurenergy LICO Materials – A Mumbai-based Recycling Company in the lithium-ion battery supply chain is one of the cohort of recycling firms that will play a crucial role in India’s plans for recovery of critical materials such as lithium, cobalt, manganese, and nickel to be given back to battery manufacturers to give the materials a second […] Read more
After A Lull, Borosil Renewables Plans Expanding Production Updated On Thu, Dec 19th, 2024 by Saurenergy After a lull, Indian solar glass company Borosil Renewables has planned to take steps towards increasing its production. This comes after two key steps taken by the Indian government. One is the imposition of Basic Customs Duty (BCD) on solar glass import and another one is the imposition of anti-dumping duties against imports of solar […] Read more
Pune-Based EPC Firm GK Energy Limited Files DRHP for IPO Updated On Mon, Dec 16th, 2024 by Saurenergy GK Energy Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). Pune-based company now plans to raise funds through an Initial Public Offering (IPO).GK Energy is a pure-play engineering, procurement and commissioning (EPC) provider of solar-powered agricultural water pump systems. The offer comprises direct-to-beneficiary sales and sales to […] Read more
[VIDEO]: How China Plans To Fix Solar Overcapacity With New Solar Cartel Updated On Thu, Dec 12th, 2024 by Saurenergy With its world leading PV sector hit by losses in the past year, China’s Ministry of Industry and Information Technology is focusing on what it can control, to try and nurse the sector back to health. We saw last week how export incentives on solar products were reduced last week in perhaps a signal to […] Read more
Solar EPC Firm Solar91 Cleantech Gets Nod For SME IPO launch Updated On Fri, Dec 6th, 2024 by Saurenergy Rajasthan-based solar EPC company Solar91 Cleantech has received the necessary approvals to proceed with its Initial Public Offering (IPO). The company announced that it has secured approval for its SME IPO from the BSE and will soon be listed as a public company on the exchange. With increased funding, the company now proposed to become […] Read more
SECI Seeks Proposal To Finance 300 MW Solar Project In Andhra Updated On Thu, Dec 5th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) has now sought proposals from banks and financial institutions. The government entity plans to use this financing to fund its upcoming 300 MW solar project at Ramagiri in Andhra Pradesh. The Central Public Sector Enterprise (CPSE) has planned to procure a Rs 1000 crore term loan for this. […] Read more
China Seeks a fix For PV Overcapacity With New Norms Updated On Fri, Nov 22nd, 2024 by Saurenergy With its world leading PV sector hit by losses in the past year, China’s Ministry of Industry and Information Technology is focusing on what it can control, to try and nurse the sector back to health. We saw last week how export incentives on solar products were reduced last week in perhaps a signal to […] Read more