Ayana Renewable To Raise Rs 150 Cr From IL&FS Mutual Fund Updated On Tue, Mar 18th, 2025 by Saurenergy Renewable energy company, Ayana Renewable is set to raise Rs 150 crore (approximately $17.4 million) in debt from IL&FS Mutual Fund. This funding comes just a month after the company signed a share purchase agreement with the ONGC-NTPC Joint Venture. The board at Ayana Renewable has passed a special resolution to issue 1,500 non-convertible debentures […] Read more
Credit Fair Secures $5 Mn From Symbiotics Investments For Solar Financing Updated On Tue, Feb 18th, 2025 by Saurenergy Credit Fair, a non-banking financial company (NBFC) with its presence in the solar and MSME segments, has raised $5 million in debt from the $75-million Green Basket Bond issued by Symbiotics Investments. The bond, which is the second of its kind, was issued by Symbiotics Investments and subscribed to by British International Investment (BII), the […] Read more
News In Brief: Sunsure Solar Project Win, LivFast Inverter & Others Updated On Mon, Jan 27th, 2025 by Saurenergy LivFast Launches Smart Wi-Fi Inverters With MS Dhoni Livfast, an energy storage solutions brand under the SAR Group, has unveiled its latest TVC featuring cricketer MS Dhoni: Smarter Hai to Hai. The TVC highlights Livfast’s smart inverter technology, underscoring the brand’s commitment to innovation and customer-centric solutions. The TVC portrays Dhoni’s characteristic resilience and focus, […] Read more
Himachal Pradesh: Dharamshala Gets Its First Solar Project Updated On Mon, Jan 20th, 2025 by Saurenergy Himachal Pradesh (HP) Chief Minister Thakur Sukhvinder Singh Sukhu recently inaugurated its first solar power project 750 kilowatts at Dharamshala in Kangra district. The solar project was built at Rs. 4.74 crore and spans 8,500 square meters of land. The project would generate approximately 2,000 units of electricity daily, yielding a monthly income of Rs. […] Read more
Total Energies Halts Adani Investments After US Indictment Updated On Tue, Nov 26th, 2024 by Saurenergy France’s Total Energies, which has been a key partner for Adani Green besides the other group firm, Adani Total Gas, stated on Monday stating that it will pause further financial contributions until the allegations originating in the US are resolved. In its statement, Total Energies stressed that it is not targeted by the indictment nor […] Read more
UltraTech Secures $500mn Financing For Sustainability Initiatives Updated On Tue, Aug 27th, 2024 by Saurenergy UltraTech Cement Limited (UltraTech) recently raised $500 million through a sustainability-linked loan, with participation from six banks. Sumitomo Mitsui Banking Corporation (SMBC) acted as the sole Sustainability Coordinator for this transaction and served as the exclusive advisor on UltraTech’s Sustainability-Linked Financing Framework. The primary lenders in the transaction include SMBC, SBI, BNP Paribas, DBS, MUFG, […] Read more
India Expected To Spend $385 Bn To Reach RE Target: Moody’s Updated On Fri, Jun 7th, 2024 by Saurenergy Moody’s Ratings, a bond credit rating business of Moody’s Corporation, in its recent report, highlighted that India is expected to invest $385 billion to meet its target of 500 gigawatts (GW) of renewable energy by 2030. But coal will remain a key source of electricity generation for the next decade, said Moody’s Ratings. India, one […] Read more
Recurrent Energy Secures €1.3 Bn For European RE Projects Updated On Fri, May 24th, 2024 by Saurenergy Recurrent Energy, a subsidiary of Canadian Solar secured a multi-currency credit facility valued at up to €1.3 billion with ten banks for renewable energy projects in several European countries Recurrent Energy a developer and an owner of solar and energy storage assets secured the credit for the construction of renewable energy projects in several European countries. […] Read more
“International Initiatives Such As CBAM And Carbon Trading Will Support RE Adoption”, Akshay Hiranandani, Serentica Renewables Updated On Mon, Jan 29th, 2024 by Saurenergy Has Serentica’s launch plan changed since its inception, or is it following the original plan to achieve the fastest renewable expansion? Can you provide the current status of the firm’s plans, including specific timelines for capacity additions? Serentica remains committed to industrial decarbonization and providing 24/7 green power for hard-to-abate industries. Our current focus centers […] Read more
