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
India Sees Second Largest Rise In Energy Demand Globally: IEA Updated On Tue, Mar 25th, 2025 by Saurenergy A recent report by the International Energy Agency (IEA) highlights that India has become the second-largest contributor to the rise in global energy demand. The report states that India’s energy demand increase surpassed the combined growth of all advanced economies. This comes as global energy demand grew by 2.2% in 2024, exceeding the average growth […] Read more
Green Stocks March 24: Waaree RTL Gets Wings! Updated On Mon, Mar 24th, 2025 by Saurenergy As the markets soared for the fifth consecutive day, the Indian markets finally moved to green territory for the year 2025. Making the most of it was a somewhat unexpected green stock today Waaree Renewable Technologies Limited (Waaree RTL), which spiked over 10%. Waaree of course has been one of the biggest losers ever since […] 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
MoP Issues Supplementary Rules To Refine RoW Compensation Updated On Mon, Mar 24th, 2025 by Saurenergy The Ministry of Power (MoP) has released supplementary guidelines for awarding compensation related to Right of Way (RoW) transmission lines. These guidelines aim to address transmission-related challenges in both urban and rural areas by refining the compensation structure. As per the latest guidelines, compensation will be based on Circle Rates, Guideline Value, or Stamp Act […] Read more
India Needs To Invest $600 Bn In Power Sector: Wood Mackenzie Updated On Fri, Mar 21st, 2025 by Saurenergy India is set to become a major player in the global energy markets with a unique growth path, featuring lower energy intensity, a diverse energy mix and increased commodity imports, the latest report from Wood Mackenzie said. The latest Wood Mackenzie’s Horizons report is titled “Eye on the Tiger: How Higher Indian economic growth could […] 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
India’s Power Sector Needs Regulatory Reforms, Says Report Updated On Thu, Mar 20th, 2025 by Saurenergy India’s transition to a cleaner, more sustainable power sector is at a critical juncture, with regulatory challenges, financial constraints and policy uncertainties shaping its trajectory. A new report by Primus Partners, ‘The Intersection of Power Sector Regulation & Sustainability Goals in India’, examines these challenges and proposes a roadmap for achieving India’s ambitious 500 GW […] 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
