Kolkata-based solar PV cell maker raises Rs 170 crore Updated On Mon, Mar 14th, 2022 by Saurenergy Kolkata-based Solar photovoltaic (PV) cell manufacturer Jupiter International has raised ₹170 crore from funds managed by wealth management firm Edelweiss Alternative Asset Advisors (EAAA). The funds will be utilised as growth capital to enhance its manufacturing capacity, the Kolkata-based company said on Sunday. The company plans to set up a new greenfield capacity of 2,000 […] Read more
E-mobility Tech Platform MoEVing Raises $5 M in Seed Capital Updated On Wed, Dec 15th, 2021 by Saurenergy Indian e-mobility technology platform MoEVing has announced its total seed funding of USD 5 million, including USD 1 million raised earlier this year, from entrepreneurs, private equity and investment banking professionals and automotive industry experts. The investors in the latest round include D.S. Brar, Promoter-Chairman, Aragen Life Sciences; Anshuman Maheshwary, COO, IIFL Wealth and Asset […] Read more
French Firm Newheat Raises €7 M for Renewable Heat Development Updated On Fri, Dec 3rd, 2021 by Saurenergy French renewable heat supplier Newheat has announced the completion of a €7 million fundraising to support its development of renewable heat in France and internationally. Under this fundraising, Bpifrance bank is investing via its FIEE fund dedicated to energy and environment, alongside Newheat’s main original shareholders Noria and Etchart. Newheat offers decarbonization solutions for large […] Read more
EV Financing Platform Revfin Raises $4 Million In Pre-Series A Funding Updated On Wed, Oct 20th, 2021 by Saurenergy Revfin, a digital e-mobility consumer lending platform underwriting financially excluded and underserved segments, has raised $4m (Rs 30 crores) in a pre-series A funding round with both equity and debt. This fund raise will help the firm fast-track the adoption of EV solutions among the low-income consumers in the country. The funds raised will be […] Read more
Solar Hybrid Systems Firm Zola Electric Raises $90 million Updated On Fri, Sep 24th, 2021 by Saurenergy ZOLA Electric, the Amsterdam, Netherlands-based renewable energy technology company solving Energy Access and Energy Equality in emerging markets, has announced the successful completion of a $90 million capital raise, comprised of $45 million of equity, $45 million of debt. The firm has a strong footprint in Africa for now, with its ZOLA flex plug-and-play, connected, […] Read more
Blue Bear Capital Raises $150 million For Investments in Cleantech Startups Updated On Wed, Sep 22nd, 2021 by Saurenergy Blue Bear Capital, a venture and growth equity firm focused on AI-powered solutions for energy, infrastructure, and climate, has raised $150 million to invest in companies to help them build past the startup phase. Like Blue Bear’s first fund, the new fund will focus on digital technologies making an outsized impact in markets including wind, […] Read more
Adani Green Raises $750 M for Projects in Pipeline Updated On Thu, Sep 2nd, 2021 by Saurenergy Adani Green Energy Ltd (AGEL) has priced its maiden ListCo senior issuance of $750 million through a 3-year issuance under the 144A / Reg S format, at a fixed coupon of 4.375%. The issuance was oversubscribed by 4.7 times. This issuance establishes AGEL as India’s leading credit in the renewable sector with a robust and […] Read more
US Distributed Energy Major Nexamp Closes $680 million Fund Raise Updated On Wed, Aug 18th, 2021 by Saurenergy Nexamp, which has a focus on distributed solar and storage systems, has secured a $240 million equity investment led by Generate Capital. The company also recently raised $440 million in debt financing, bringing its total new funding to $680 million. The new funding will accelerate Nexamp’s ability to offer a flexible range of decarbonization options for customers, expanding its […] Read more
Battery Startup Log 9 Materials Raises $5 million from Amara Raja Batteries Updated On Mon, Aug 9th, 2021 by Saurenergy Bengaluru-headquartered advanced battery-tech Log 9 Materials has announced an equity partnership and collaboration with Amara Raja Batteries (ARBL), one of India’s largest manufacturers of industrial and automotive batteries. The deal involves an investment of $5 Million from Amara Raja Batteries during its ongoing Series A+ funding round. For ARBL, the investment follows the announcement of […] Read more
