US-Based Flexible Solar Firm Active Surfaces Secures $5.6M Funding Updated On Tue, May 14th, 2024 by Saurenergy US-based Active Surfaces, a flexible solar panel startup spun out from MIT, raised $5.6 million in an oversubscribed pre-seed funding round. The round was led by Safar Partners, a deep-tech venture capital fund. Additional participants—include QVT, Lendlease, Type One Ventures, Umami Capital, Sabanci Climate Ventures, New Climate Ventures, SeaX Ventures, and others—reflect a diverse support […] Read more
GAIL Invites Bids For Grid Tied RT Solar PV Plant Under KG Basin Updated On Mon, May 13th, 2024 by Saurenergy Gas Authority of India Limited (GAIL) India Limited, the state-owned natural gas processing and distribution company and a Maharatna Indian company, released a tender inviting bids to contract, design, supply, install, testing and commission of grid-tied rooftop solar PV plant. The project included an Annual Maintenance Contract (AMC) with a generation guarantee under Krishna Godavari […] Read more
Green Energy Stocks Continue to face Tough Market Assessment- May 13 Updated On Mon, May 13th, 2024 by Saurenergy With green energy stocks, there is clearly nothing like half measures. Even today, when the market moved between losses and a marginal profit, green energy stocks moved much more sharply. For tata Power and Waaree Renewable Technologies, even record profits were not enough to prevent a drop, a full 5% in case of Waaree. On […] Read more
India Becomes Second Largest Wind Market Within Asia Pacific In 2023 Updated On Mon, May 13th, 2024 by Saurenergy Global Wind Energy Council (GWEC) growth required an annual wind installation tripling to at least 320 GW. GWEC report found that the onshore wind energy recovered from a growth slowdown it currently is ranked fourth in total wind installations. It has installed 45 GW of onshore wind as of January 2024 and it’s the second […] Read more
EU’s Wind, Solar Generation Rose By 14%, Fossil Fell To 25% Updated On Mon, May 13th, 2024 by Saurenergy EMBER, a clean energy think tank recently reported a decline in EU fossil generation to below 25% in a month for the first time ever. The study reported a major milestone for EU in its electricity transition in April 2024. The electricity generation reportedly increased by 0.4% year-on-year over January-April 2023. Meanwhile, wind and solar […] Read more
Green Stocks May 10: Stock Market Sees Revival Of Green Stocks Updated On Fri, May 10th, 2024 by Saurenergy After a fallout of the green stocks in the Indian stock market yesterday, there seems to be a revival today. Out of the 11 green stocks in India, eight of them reported a surge in their prices. The highest surge was reported in the stocks of JSW Energy which saw a jump of 7.35%. It […] Read more
China Dominates Wind Installations in 2023, As 120.7 GW Is Added Globally Updated On Fri, May 10th, 2024 by Saurenergy The latest report from Global Wind energy Council (GWEC) for 2024 found a total of 30 wind turbine manufacturers installed a record 120.7 GW of new capacity in 2023. In a year marked by continuing supply chain challenges and other issues, this was a huge achievement. Incidentally, 122 GW is the expected total wind capacity […] Read more
Ukraine Receives Grant From Germany To Restore Energy Infra Updated On Fri, May 10th, 2024 by Saurenergy Ministry of Energy of Ukraine has received a €45 million grant from Germany, to restore the energy sector after Russian attacks on energy infrastructure. Volodymyr Kudrytskyi, Chairman of the Board of National Power Company Ukrenergo a state-owned company managed by the Ministry of Energy (NPC) Ukrenergo, signed a document authenticating the management decision taken by […] Read more
Honda Opens New R&D Facility In Bengaluru Updated On Thu, May 9th, 2024 by Saurenergy Japan-based Honda recently opened its new solution Honda R&D (India) (HRID) research and development (R&D) center in Bengaluru, Karnataka. The company HRID is a subsidiary of Honda Motor Co., Ltd. and functions as Honda’s research and development arm for motorcycles and power products in India. By setting up its recent plant in India, the company aims to achieve its […] Read more