Avaada Closes Financing For 9 of Its Diverse RE Projects In Q3FY25 Updated On Wed, Jan 22nd, 2025 by Saurenergy Avaada Group, a company operating in India’s renewable energy landscape, has successfully completed financing/refinancing of nine of its projects across the business divisions totaling for an amount of INR 8500 Crs (~USD 1 Bn). The transactions include a mix of Utility scale IPP projects, large-scale Agri Photovoltaic projects, Merchant power generation projects, C&I projects and […] Read more
H2, Inc. Secures $16mn Funding to Expand Flow Battery Manufacturing Updated On Wed, Jan 22nd, 2025 by Saurenergy H2, Inc., a Vanadium Flow Battery (VFB) developer and manufacturer headquartered in South Korea, successfully raised $16 million in recent bridge funding, finalized in the second half of 2024. This brings the company’s total accumulated funding to $77 million. The round was led by STIC Investments, one of the largest and leading private equity firms in Korea, with […] Read more
Zetwerk Appoints Vadim Yakubov Unimacts CEO In US Market Updated On Thu, Jan 16th, 2025 by Saurenergy ZETWERK, a marketplace for contract manufacturing recently appointed Vadim Yakubov as Chief Executive Officer (CEO) of Unimacts, its US subsidiary. This move strengthens ZETWERK’s commitment to the US market and positions Unimacts for significant growth around the world. The company counts US market leader and global tracker major Nextracker amongst its key clients. ZETWERK’s Expands […] Read more
Anil Ambani’s Reliance & Solar Module Manufacturing- Will It Work Now? Updated On Tue, Jan 14th, 2025 by Saurenergy Anil Ambani-led Reliance Power and its subsidiaries have already tried their hands with power generation and have also stepped ahead towards battery energy storage projects. The company has also announced ventures in solar energy generation projects and renewable energy broadly. But will they venture into the solar module manufacturing business too? Some latest media reports […] Read more
Poly Medicure, AMPIN Form JV For Haryana Solar Project Updated On Mon, Jan 13th, 2025 by Saurenergy Poly Medicure, a medical devices manufacturer and exporter, recently formed a Joint Venture Company (JVC) with AMPIN Energy Transition (formerly Amp Energy), to establish a solar power project. The collaboration aims to set up a solar power project, to supply power to the company as a captive generating plant for the company’s manufacturing facility, in […] Read more
Waaree Energies, JSW Acquire Renewable Assets In Deals Amounting to Rs 1400 Crores Updated On Sat, Jan 11th, 2025 by Saurenergy On Jan 10, Waaree Energies Limited announced the signing of a Share Purchase Agreement with Enel Green Power Development S.r.l (“Seller”) for acquisition of 100% of the share capital of Enel Green Power India Private Limited for a total amount of upto INR 792 Crores, subject to customary closing adjustments. Italy-based Enel is one of […] Read more
Green Stocks Jan 9: Slide Continues Unabated For Green Stocks Updated On Thu, Jan 9th, 2025 by Saurenergy The slide in prices continued to weigh down most of the stocks, as all, except Borosil Renewables, and Acme Solar suffered losses today or barely held on. While Acme Solar rode the announcement of a small commissioning, that is clearly no guarantee of stock performance in the future, as broader market sentiments shift. For now, […] Read more
Husk’s Solar Capacity Hits 20 MW, 100 MW Pipeline Set For 2025 Updated On Tue, Jan 7th, 2025 by Saurenergy MiniGrid operator Husk recently electrified 200 new communities in 12 months, doubling its fleet of solar mini-grids. Husk is now present in over 400 communities in rural Sub-Saharan Africa and South Asia, serving more than 1.5 million people and over 30,000 small businesses. Its community electrification projects are spread across rural India and Nigeria. This […] Read more
Telangana Eyes 34 GW Of Solar Capacity With New RE Capacity Updated On Sun, Jan 5th, 2025 by Saurenergy Telangana Government recently released its draft Renewable Energy Policy 2024 intending to increase its renewable energy capacity. The state currently has a total solar capacity of 4,842.10 MW while it has 128.10 MW of wind energy capacity. Telangana’s latest renewable energy policy aims to achieve 34 GW of solar capacity. It has planned to achieve […] Read more
