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financing

BW ESS, Ingrid Ink SEK 628 Mn Loan For 211 MW BESS Project In Sweden

BW ESS has secured a SEK 628m green loan agreement with Nordea Bank for its 211MW/211MWh portfolio of operational battery storage assets in Sweden, owned in partnership with Ingrid Capacity.  The transaction is BW ESS’ first external financing and is understood to be one of the largest battery energy storage system (BESS) financing in the […]

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Icon Solar Picks Odisha For Solar Cell Plant, Eyes Module Expansion

Indian solar module manufacturer Icon Solar has picked Odisha for its proposed 2 GW solar cell plant. The company is now optimistic about commissioning its solar cell line in the next 14 months. The top management of the firm, in an exclusive conversation with Saur Energy, explained their next course of action. Shakti Dubey, Director […]

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Q1 2025: ESS Accounts For 64% Utility-Scale Tendering Activity 

India’s Standalone Energy Storage Systems (ESS) are becoming the backbone of India’s utility-scale ESS auctions, accounting for 64% of the total tenders issued between January and March 2025 alone, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics. The report finds that various Indian […]

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Santosh Kumar Sarangi Takes Charge As New Secretary Of MNRE

Santosh Kumar Sarangi, a 1994-batch IAS officer of the Odisha cadre, has been appointed as the new Secretary of the Ministry of New and Renewable Energy (MNRE), Government of India. He is a civil servant with an extensive administrative experience across diverse sectors, including science and technology, international trade, education, tourism, mining, and tribal affairs. […]

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Senior System Engineer – ECU Heating & Cooling

As a Senior System Engineer in this position, you will be a contributor in an organization dedicated to technology, people, and performance, where customer satisfaction is our ultimate performance measurement. As an individual, you possess an open multicultural mindset, an understanding of agile development, and a goal-oriented approach. You drive cross functional and global networks […]

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Specialist HW Elect. & Electr. Engineer

Responsibilities:- Creating requirements for ECU’s and components. Reviewing the supplier designs. Interacting with Tier 1 suppliers Work with System Architects, other component owners & verification engineer. Work with brands (VT, RT, Mack and others), GTO (production), AMT (After market) etc. Working with cross functional teams to gather requirements and address them in the Technical Requirements. Functional […]

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Karnataka: Orb Energy To Boost Manufacturing, Solar Park Biz

Orb Energy, a Karnataka-based solar firm, is gearing up for a major expansion as it looks to scale up manufacturing and develop new solar parks across southern India. With its fundraising plans in the pipeline, the Bengaluru-headquartered green tech company is preparing to boost production capacity at its solar module manufacturing facility and build on […]

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We Aim To Make Solar Biz Simple & Effective: Nishant Sood

Tell us about your journey. How do you transition from a finance background to the solar industry? Nishant Sood: I’m a mechanical engineer by background—I graduated from IIT in the early 2000s, followed by an MBA in finance. It was a fairly typical path: IIT, then IIM, and straight into investment banking. I graduated from […]

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Zelestra India appoints Prashant Kumar as Chief Financial Officer

Zelestra, a global renewable energy with a portfolio of over 29 GW clean energy projects across 13 countries has announced the appointment of Prashant Kumar as Chief Financial Officer for its India Business Unit, effective immediately. Prashant will report directly to Sajay KV, CEO and will oversee all financial operations for India. This strategic appointment […]

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