EKA Mobility Announces Second Tranche Investment From Mitsui & Co., Ltd. Updated On Fri, Jun 21st, 2024 by Saurenergy EKA (Pinnacle Mobility Solutions) has confirmed that Mitsui & Co., Ltd., the Japanese trading and investment company has executed a second tranche investment as a part of the initially announced phased investment, further solidifying their commitment to the rapidly growing electric vehicle (EV) company. This strategic infusion of capital will be directed towards capital expenditures […] Read more
Despite Record Investments, World Off Track For 2030 RE Target: EY Updated On Wed, Jun 19th, 2024 by Saurenergy Global accounting firm Ernst & Young (EY) recently reported a decline in overall global energy investments, failing to keep the world on track for the 2030 renewables targets. EY report found that, despite last year’s surge of US$1.8 trillion in clean energy investment, including US$660 billion earmarked for renewables, investment remains below the COP28 target of […] Read more
Investments In Renewables, Realty To Rise To Rs 15 Lakh Cr In Next Fiscals: CRISIL Updated On Tue, Jun 18th, 2024 by Saurenergy Investments in India’s key infrastructure sectors — renewable energy and roads – and real estate are expected to grow 38% in fiscals 2025 and 2026 compared with the previous two fiscals to Rs 15 lakh crore, according to the latest report by CRISIL. The surge will ride on India’s need for creation of sustainable infrastructure […] Read more
Vesper Energy Finalizes $592 Mn Investments For Hornet Solar Project Updated On Wed, Jun 12th, 2024 by Saurenergy Vesper Energy, a renewable energy developer, finalized construction and term loan syndication for its Hornet Solar project, representing approximately $592 million in investments. The syndication process was initiated after the Hornet Solar project’s financial close in December 2023. This signals continued investor confidence in the project and Vesper’s ability to deliver reliable, resilient infrastructure. “This […] Read more
candi solar Secures $38 Million Investment Through Equity Updated On Mon, Jun 10th, 2024 by Saurenergy candi solar, a clean energy company specializing in solar power solutions for Commercial and Industrial (C&I) clients, successfully closed its Series C funding round. In this, the company secured $38 million in equity investment. The round was led by Norfund a Norwegian Investment Fund for developing countries, Kyuden International, and STOA. The equity capital investment […] Read more
IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024 Updated On Thu, Jun 6th, 2024 by Saurenergy The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […] Read more
SOLshare Secures $2.2 million Investment For EV Integration Updated On Mon, Jun 3rd, 2024 by Saurenergy SOLshare, a climate-tech company based in Dhaka, has recently secured an investment of $2.2 million in Series A+ funding led by SBK Tech Ventures as part of a $4 million round, according to a press release. The company claims that the integration of electric cars into the Blue Dart fleet is likely to bring significant […] Read more
EU 2030 Net-Zero Targets Out Of Reach As Investments Plunge Updated On Mon, Jun 3rd, 2024 by Saurenergy The European Union (EU) is set to fall far behind its energy transition targets for renewable energy, clean technology capacity, and domestic supply chain investments, according to Rystad Energy research and modeling. The bloc’s capital investments (capex) in clean technologies – including renewables, carbon capture, utilisation and storage (CCUS), hydrogen, batteries, and nuclear – totaled […] Read more
NSE Ignites EV Investment With Debut Of Electric Vehicle Index Updated On Fri, May 31st, 2024 by Saurenergy National Stock Exchange of India (NSE’s) index services subsidiary, NSE Indices Limited recently launched a new thematic index – the Nifty electric vehicle (EV) and automotive index. The nifty electric vehicle (EV) automotive index aims to track the performance of companies that form a part of the EV ecosystem. It includes companies that are involved […] Read more
