PURE Enters ESS Market With The Launch Of PuREPower Updated On Tue, Mar 25th, 2025 by Saurenergy PURE, an electric mobility and clean energy company, has introduced PuREPower, an energy storage product line catering to homes, businesses, and the grid. The product range includes PuREPower Home, PuREPower Commercial, and the upcoming PuREPower Grid, aimed at addressing India’s growing energy storage needs. PuREPower Grid, set for release in 2026, is designed to support […] Read more
ADB & Shriram Finance Sign Deal To Boost EV Financing in India Updated On Tue, Mar 25th, 2025 by Saurenergy The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India. The agreement will focus on granting business loans for financing electric vehicles (EVs) and low-emission commercial vehicles for business purposes. The loan will particularly […] Read more
Green Stocks March 25: Stocks Swoon With Broader Market Updated On Tue, Mar 25th, 2025 by Saurenergy With reasons as varied as a run-up that was too fast, too soon, to the Trump deadline on April 2 for tariffs, the markets, and our green energy packs took a breath today, correcting after the sharp run-up since last week. Among the big losers was Solar Pump maker Shakti Pumps, besides developers NTPC Green, […] Read more
Green Financier Ecofy Secures USD 12.5 Million From IFU Updated On Tue, Mar 25th, 2025 by Saurenergy Ecofy Finance Private Limited, India’s green-transition-focused NBFC, has announced that it has secured a USD 12.5 million long-term loan facility from the Investment Fund for Developing Countries (IFU), a development finance institution owned by the Government of Denmark. The funding will support Ecofy’s further expansion into funding EVs and Solar systems in India. Ecofy aims […] Read more
Actis Acquires Stride’s 371MW Portfolio, Bolsters Indian Footprint Updated On Mon, Mar 24th, 2025 by Saurenergy Actis, a global investor in sustainable infrastructure, has acquired a 100% stake in Stride Climate Investments (Stride), a solar generation asset portfolio in India, from a fund managed by Macquarie Asset Management. The deal sees Actis take charge of Stride’s 371MW (414MWp) portfolio of operating solar PV assets spread across 21 projects in 7 states, […] Read more
Korea Firm OCI To Build 2 GW Cell Manufacturing Plant In US Updated On Fri, Mar 21st, 2025 by Saurenergy Korean chemical industries company OCI Holdings will build a 2GW solar cell production facility in Texas. The Korean firm had closed 2024 with revenues of almost $2.5 billion. With a strong presence in photovoltaic polysilicon manufacturing including plants in Malaysia, the firm is hopeful that its own polysilicon supply chain will provide it a competitive […] Read more
Chennai Offers Ideal Access To Southern RE Market: Julian Thomas Updated On Thu, Mar 20th, 2025 by Saurenergy 1. How Informa Markets is planning to boost the growth of the renewable industry through the upcoming RenewX event in Chennai? RenewX Expo has played a significant role in driving the renewable energy industry forward, especially in South India. From 2015 onwards, RenewX Expo is making all possible attempts to support government policy, manufacturers, developers, […] Read more
ENGIE Opens New India Branch for Supply & Energy Management Updated On Thu, Mar 20th, 2025 by Saurenergy ENGIE, a global low-carbon energy production provider, has recently established a branch in India for its Supply & Energy Management activities. “We are proud to strengthen our commitment to India’s energy transition with the inauguration of our Supply and Energy Management business in India. This strategic expansion enhances our ability to support Indian corporates with […] Read more
Green Stocks March 19: Stocks Lead Market Gains Updated On Wed, Mar 19th, 2025 by Saurenergy After the somewhat tepid response to a strong market rebound yesterday when most green stocks trailed market gains, it was business as usual for green energy stocks today. Most of the stocks beat the mid-cap or the small-cap indices when it comes to gains today, with over 3% gains seen across the board for many […] Read more