Continuum Green Energy Secures $150Mn To Deploy RE Projects Across India Updated On Tue, Aug 20th, 2024 by Saurenergy Continuum Green Energy (Continuum), a leading renewable energy group in India serving commercial and industrial consumers, has entered into a definitive agreement with Just Climate. Under this agreement, Just Climate will invest Rs. 12.56 billion (approximately US$ 150 million) in new equity to support Continuum’s ongoing deployment of wind-solar-hybrid energy generation and storage projects across […] Read more
Oorja Raises $1.5M Pre-Series A For Farming-As-A-Service Model Updated On Thu, Aug 1st, 2024 by Saurenergy Oorja, a solar irrigation services and agricultural advisory to smallholder farmers in India, successfully closed its US$1.5 million Pre-Series A funding round. The company in the recent round attracted $1.2 million in equity finance from impact investors like Acumen, elea, a family trust advised by Artha Impact, Echoing Green Signal Fund, Partners Group via its […] Read more
What The Renewable Industry Expects From Union Budget? Updated On Fri, Jul 19th, 2024 by Saurenergy Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […] Read more
Impose Carbon Tax In India To Handle CBAM Issue: CSE Updated On Thu, Jul 18th, 2024 by Saurenergy A new report from New Delhi-based think tank Center for Science and Environment (CSE) said that the developing countries might consider imposing carbon tax and other measures on their own to tackle the issue of the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM). This comes at a time when the EU has planned to […] Read more
Schneider Electric Gets $3.75M For Electric Stove Outreach Updated On Thu, Jul 4th, 2024 by Saurenergy Schneider Electric Energy Access Asia (SEEAA), an impact fund managed by Schneider Electric, an energy management and automation company, along with Spark+ Africa Fund closes US$3.75M Series A in ATEC to support global expansion across Asian and African markets for its market-leading IoT electric stoves. Other institutional investors in the round include DRW, Save the Children […] Read more
Paraguay Joins International Solar Alliance As 100th Full Member Updated On Thu, Jun 27th, 2024 by Saurenergy The Republic of Paraguay officially became the 100th full member of the International Solar Alliance (ISA). The ambassador of Paraguay, Fleming Raul Duarte, handed over the instrument of ratification during a meeting with Abhishek Singh, Joint Secretary (ED & MER) and Head of Depository, in New Delhi. Launched on 30 November 2015 by Prime Minister […] Read more
China’s ‘Spare Solar’ Capacity Offers Energy Access Avenues: EMBER Updated On Wed, Jun 12th, 2024 by Saurenergy A recent report by EMBER delved into the untapped potential of surplus solar manufacturing capacity in China, highlighting its pivotal role in addressing both energy access and climate change. It revealed that despite the exponential growth in global solar manufacturing capacity, the deployment of solar panels worldwide lags significantly behind. According to estimates by the […] Read more
Brooklyn-Based Renewables.org Partners Tech Firm Dyme For Clean Energy In India Updated On Tue, Apr 23rd, 2024 by Saurenergy Brooklyn-based solar energy non-profit Renewables.org just announced a partnership with Dyme, an Austin-based climate tech company, to increase investments in clean energy for communities in India and Africa. The partnership will allow Renewables.org to receive more resources for its projects with solar developers. Every time Renewables.org members shop using Dyme’s eco-friendly shopping extension, Dyme will […] Read more
RMI Predicts Increase In EV Car Sales By 10% In Six Years Updated On Tue, Oct 17th, 2023 by Saurenergy The RMI report suggests a significant shift away from the internal combustion engine (ICE) era is well underway. This transformation is closely associated with the rapid growth of Electric Vehicles (EVs), with a forecast indicating a declining global demand for oil in the automotive sector by 2030. In its report titled “X Car Charge: The […] Read more