UK’s Ilika Solid State Battery Claims Breakthrough in Safety and Innovation Updated On Tue, Sep 10th, 2024 by Saurenergy Ilika, a startup specialising in solid state battery technology, has recently reported a major success in safety tests of its Goliath solid-state battery prototype. These tests, conducted by independent assessors at University College London, demonstrated that the safety of the Goliath P1 prototype cell is significantly superior to that of equivalent lithium-ion batteries. The tests […] Read more
Alpex Solar To Double PV Module Capacity, Explore Cell Production Updated On Wed, Sep 4th, 2024 by Saurenergy Greater Noida-based NSE Emerge-listed solar systems manufacturing Company Alpex Solar Ltd today announced its expansion plans to double its photovoltaic solar module capacity to 2.4 GW. The greenfield project will be installed in the company’s newly acquired land parcel at Kosi Kotwan, Mathura, Uttar Pradesh. Besides, the Board also authorised the Managing Director of the […] Read more
IREDA Expands Horizon Woth International Credit Rating from S&P Updated On Fri, Aug 30th, 2024 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) has secured its international credit rating from S&P Global Ratings Limited. The Indian lender has been assigned ‘BBB-‘ long-term and ‘A-3’ short-term issuer credit ratings to IREDA, with Outlook ‘Stable’. This rating will enable IREDA to expand its reach in the international market, tapping into attractive sources of […] Read more
InvIT: IndiGrid Gets Investment Commitments From AIMCo, HDFC, Others Updated On Wed, Aug 28th, 2024 by Saurenergy IndiGrid, a power sector infrastructure investment trust (InvIT), recently launched its preferential issue process following the successful conclusion of the Offer-for-Sale (OFS) by its sponsor, KKR. IndiGrid has received investment commitments from Alberta Investment Management Corporation (AIMCo), one of Canada’s leading institutional investment managers, and HDFC Life, an insurance provider, for investments of Rs. 567 […] Read more
With Infusion Of Rs 900cr, Inox Wind To Achieve Net Debt Free Status Updated On Thu, Jul 4th, 2024 by Saurenergy Indian wind energy company Inox Wind Limited (IWL) today announced the completion of infusion of around Rs 900 crores into the company by its promoter Inox Wind Energy Limited (IWEL). The funds were raised by IWEL on May 28, 2024, through the sale of equity shares of IWL through block deals on the stock exchanges, […] Read more
ACME Solar Holdings Limited Files DRHP for Rs 3,000 crore IPO Updated On Wed, Jul 3rd, 2024 by Saurenergy Gurugram-based Acme Solar Holdings Limited, with a portfolio of solar, wind, hybrid and firm and dispatchable renewable energy (FDRE) projects, has filed its draft red herring prospectus (DRHP) with the market regulator, Securities and Exchange Board of India (SEBI) to raise Rs 3,000 crore through an Initial Public Offering (IPO). The IPO, with a face value […] Read more
Access To Public Finance Key To Clean Energy Adoption In India: IEA Updated On Thu, Jun 13th, 2024 by Saurenergy The International Energy Agency (IEA) recently reported an increased usage of modern renewable energy between 2010 and 2021. The United Kingdom and Indonesia have reportedly made the greatest progress in the use of modern renewables (up 9 and 7 percentage points, respectively, in total final energy consumption). The two countries were closely followed by China, […] Read more
With Latest Funding, Battery Smart To Expand Services In More Cities Updated On Wed, Jun 12th, 2024 by Saurenergy Indian battery swapping company Battery Smart announced it has raised $65 million in a Series B funding round led by LeapFrog Investments, the pioneering profit with purpose firm. The equity round consisted of a mix of primary and secondary investments and saw participation from new and existing investors, including MUFG Bank, Panasonic, Ecosystem Integrity Fund […] Read more
Deepak Pandey Led Solar Startup GP Eco Solutions Seeks NSE Emerge Listing Updated On Fri, May 17th, 2024 by Saurenergy Noida-based GP Eco Solutions India Limited (GPES) has confirmed its plans to go ahead with an IPO on NSE Emerge soon, after first announcing it back in March this year. “GP Eco Solar intends to raise capital between Rs. 30 Crore and Rs. 35 Crore, subject to approval. The IPO funds will fuel our growth, […] Read more
