Azure power raises 470 million dollars financing for its solar projects Updated On Tue, Nov 8th, 2016 by Saurenergy Azure Power, a leading independent power producer in the solar power sector in India, announces it has tied-up approximately US$ 470 million financing for its projects to be commissioned in 2017. This is one of the largest financing done till date in the Indian solar sector. With this tie-up Azure Power’s cumulative financial commitment to […] Read more
Vivint Solar Expands Solar Energy System Sales And Financing To Three of Its Existing States Updated On Wed, Aug 17th, 2016 by Saurenergy Vivint Solar has announced that it has made solar energy system purchases and financing available to homeowners in three of its existing states — Connecticut, Maryland and South Carolina. Vivint Solar’s financing relationships allow customers finance ownership of a residential solar energy system with no money down. The resulting low monthly financing payments are comparable […] Read more
Canadian Solar closes a USD 52 million project financing facility with BayernLB Updated On Tue, May 24th, 2016 by Saurenergy Canadian Solar announces that it has closed a £36.4 million (US$52 million) project financing facility with BayernLB to refinance a portfolio of four solar power plants, totaling 40.2 megawatts in the UK. This financing facility with BayernLB is non-recourse project finance, with a term of 17 years. “We are delighted to complete this project financing […] Read more
Only 15 EV Brands in China to Survive by 2030: AlixPartners Updated On Fri, Jul 4th, 2025 by Saurenergy Only 15 out of the 129 electric vehicle (EV) and plug-in hybrid brands currently operating in China are expected to remain financially viable by 2030, according to a new report by global consulting firm AlixPartners. This consolidation, driven by fierce competition, overcapacity, and price wars, will see these surviving brands capture approximately 75 percent of […] Read more
BSR Secures GBP 345 Million for Solar and Battery Projects Updated On Fri, Jul 4th, 2025 by Saurenergy British Solar Renewables (BSR) has secured GBP 345 million (USD 471 million) in financing to develop one of the UK’s largest hybrid solar and battery storage portfolios, marking a major milestone in the country’s clean energy transition. The financing will support 12 solar projects and three co-located battery energy storage system (BESS) assets, with a […] Read more
IFC & IndiGrid Partner To Build 180 MW/360 MWh BESS Project in Gujarat Updated On Thu, Jul 3rd, 2025 by Saurenergy International Finance Corporation (IFC) and IndiGrid have partnered to develop a 180 MW/360 MWh standalone battery energy storage system (BESS) project in Gujarat. The project is designed to support the state’s clean energy goals by enhancing grid stability and ensuring reliable power is available during peak demand. This investment made during the quarter ended June […] Read more
Still in the Dark: IRENA Urges Bigger Decentralised RE Push For 666 Mn People Updated On Wed, Jul 2nd, 2025 by Saurenergy The International Renewable Energy Agency (IRENA) has called for scaled-up, targeted financial support for decentralised renewable energy to help bring electricity to 666 million people in rural and vulnerable areas of developing countries. In its latest annual report tracking progress towards Sustainable Development Goal 7, IRENA highlighted the role of distributed renewable energy — including […] Read more
UK’s Largest Solar & Storage Project Now Operational Updated On Wed, Jul 2nd, 2025 by Saurenergy In a major boost to the UK’s renewable energy transition, Quinbrook Infrastructure Partners announced that the 373 MW Cleve Hill Solar Park has officially entered commercial operation. Located in Kent, the site also includes a 150 MW co-located battery energy storage system, which makes Cleve Hill not only a powerhouse in generation but also a […] Read more
RMI: Indian DISCOMs Must Step Up to Power EV Future Updated On Mon, Jun 30th, 2025 by Saurenergy India’s electric vehicle (EV) charging ecosystem is at a critical juncture, with power distribution companies (DISCOMs) expected to play a pivotal role in expanding infrastructure to support the country’s electrification goals, according to a new report by the energy think tank Rocky Mountain Institute (RMI). Despite growing momentum—EVs accounted for 6.4% of new vehicle sales […] Read more
