KPI Green Energy Approves Fundraising Proposal Worth Rs 1,000 crore Updated On Wed, May 15th, 2024 by Saurenergy KPI Green Energy has approved the proposal of raising Rs 1,000 crore in a recently held board meeting. According to a regulatory filing, KPI Green Energy will raise the funds through the issuance of equity shares of the Company or any other equity-linked securities of the Company or other securities convertible into or exchangeable for […] Read more
JSW Energy Q4 Results- Renewables Pipeline Climbs to 3.4 GW, WTG Manufacturing In Works Updated On Wed, May 8th, 2024 by Saurenergy JSW Energy Limited reported its results for the quarter (“Q4 FY24” ) and the financial year FY24 ended March 31, 2024, on May 7. FY2024 – Delivering Sustainable Growth JSW Energy delivered a strong performance in FY24, achieving the highest-ever EBITDA of ₹5,837 Crore. The company made significant strides towards the outlined target of 20 […] Read more
TI Clean Mobility Gets Rs 580 Crore To Expand Green Solutions Updated On Tue, May 7th, 2024 by Saurenergy Tube Investments of India Limited subsidiary TI Clean Mobility Private Limited has signed final agreements with South Asia Growth Invest III LLC and South Asia EBT Trust III to raise Rs 580 crore in the form of Equity and Compulsorily Convertible Preference Shares. According to a statement by TI Clean Mobility, TICMPL, expected to raise […] Read more
Scatec Launches 540 MW Kenhardt Solar Farm In South Africa Updated On Tue, Apr 23rd, 2024 by Saurenergy Scatec has recently launched the Kenhardt project totalling 540 MW solar and 225 MW/1,140 MWh battery storage in South Africa. The Scatec project is touted to be one of the world’s largest hybrid solar and battery storage facilities. The Sactec project was awarded by the Department of Mineral Resources and Energy in South Africa under […] Read more
Premier Energies To Seek Rs 1500 Crore In IPO Soon Updated On Mon, Apr 22nd, 2024 by Saurenergy Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […] Read more
COVER STORY: India Gears Up For Solar Waste Recycling Challenge Updated On Mon, Apr 1st, 2024 by Saurenergy The latest report from the Central Electricity Authority (CEA) states that India’s total solar energy capacity crossed 75 Gigawatts (GW) by the end of February this year. According to its own estimates, the country will need 292 GW of total solar capacity by 2030. With the steady additions of solar power to the Indian grid, […] Read more
SIDBI Secured $24.5 Mn from Green Climate Fund For Maiden Climate Project Updated On Wed, Mar 13th, 2024 by Saurenergy Small Industries Development Bank of India (SIDBI) has secured $24.5 Mn from Green Climate Fund (GCF) for its maiden anchored sustainability and climate focussed fund Avaana Sustainability Fund (ASF). The development came during the 38th meeting of the GCF Board in Kigali, Rwanda on March 6, reported the news agency PTI. The Green Climate Fund […] Read more
Gensol Engineering Wins Two EPC Projects Worth Rs 337.70 Crore Updated On Mon, Feb 26th, 2024 by Saurenergy Gensol group’s engineering arm, Gensol Engineering recently announced the award of two significant EPC contracts from Rajasthan and Maharashtra. Gensol’s first project is of 250 MWac/350 MWdc ISTS solar power project in Rajasthan, and the 50MWac/72.5MWdc solar power project in Maharashtra. This marks another step in our journey to becoming a dominant player in the […] Read more
BluSmart, TATA Power Sign 30 MW PPA To Procure Green Energy Updated On Wed, Feb 21st, 2024 by Saurenergy BluSmart, an eMobility ride-hailing service and electric vehicle (EV) charging infrastructure network provider, announced a multi-year Power Purchase Agreement (PPA) with Tata Power Trading Company Limited (TPTCL) a wholly owned subsidiary of Tata Power. The PPA will allow BluSmart to source green power from TPTCL. This collaboration marks a significant step towards BluSmart’s commitment to […] Read more
