Funding Boost for Electric Vehicle Startup Earth Energy EV Updated On Fri, Jul 10th, 2020 by Saurenergy Earth Energy EV, an electric vehicle startup has announced that it has raised an undisclosed amount of funding in its latest seed funding round. Maharashtra-based Earth Energy EV, an Electric Vehicle (EV) startup has announced that it has raised an undisclosed amount of funding in its latest seed funding round. That was led by LR Joshi, […] Read more
Nearly 14 GW of Wind Turbine Capacity Ordered Globally in Q1 2020: WoodMac Updated On Thu, Jul 9th, 2020 by Saurenergy Q1 2020 saw nearly 14 GW of wind turbine capacity ordered globally, the second-highest first quarter on record, and equates to USD 13.4 billion. The first quarter (Q1) of 2020 saw nearly 14 GW of wind turbine capacity ordered globally. This is the second-highest first quarter on record and equates to an estimated USD 13.4 […] Read more
Swelect Energy Systems Posts Rs 14.87 Crore Loss For March Quarter Updated On Thu, Jul 9th, 2020 by Saurenergy Swelect Energy Systems has issued its financial results for the January to March Quarter of 2020, reporting a consolidated net loss of Rs 14.87 crore. Indian solar module manufacturer Swelect Energy Systems has issued its financial results for the January to March Quarter of 2020, reporting a consolidated net loss of Rs 14.87 crore in […] Read more
History Set To Be Rewritten In Indian EV Space, Says VC Analysis Updated On Wed, Jul 8th, 2020 by Saurenergy Naman Lahoty, part of the investment team at Stellaris Venture Partners, has authored a 3 part analysis on why the Indian EV market could follow a different route from the usual auto market, which has always favoured incumbents. A quick snapshot. In an insightful analysis based on interactions with over 150 ‘EV system participants’ Mr Lahoty goes on […] Read more
Duke Energy Brings Online its Largest Solar Project in Texas Updated On Wed, Jul 8th, 2020 by Saurenergy Duke Energy has announced that its 200 MW Holstein Solar project in Texas has begun commercial operation. It is the largest solar project in its fleet. Duke Energy Renewables, a subsidiary of Duke Energy, has announced that its 200-megawatt (MW) Holstein Solar project in Nolan County, Texas, has begun commercial operation. It is the largest solar project […] Read more
Sunrun-Vivint Deal the Largest Consolidation in Residential Solar History: WoodMac Updated On Wed, Jul 8th, 2020 by Saurenergy Sunrun has agreed to acquire Vivint Solar in an all-stock transaction, with the deal valued at USD 3.2 billion including debt. Commenting on the deal, Ravi Manghani, Wood Mackenzie Research Director, said: “Per Wood Mackenzie’s US PV Leaderboard, Sunrun and Vivint have been the #1 and #2 residential solar companies in the US for the […] Read more
GoodWe Wins All Quality Matters Award for 5th Consecutive Year Updated On Wed, Jul 8th, 2020 by Saurenergy GoodWe has once again bagged the “All Quality Matters” award in recognition for the outstanding quality of its EH storage inverter and its MT C&I inverter. Leading manufacturer of solar inverters and energy storage solutions for home and commercial applications, GoodWe has announced that it has once again bagged the TÜV Rheinland’s “All Quality Matters” […] Read more
Suzlon Posts Net Loss of Rs 834.22 Crore in March Quarter Updated On Tue, Jul 7th, 2020 by Saurenergy Suzlon Energy has posted a consolidated net loss of Rs 834.22 crore for the March quarter mainly due to lower revenues and high finance cost. Wind turbine major Suzlon Energy has posted a consolidated net loss of Rs 834.22 crore for the March quarter mainly due to lower revenues and high finance cost. The consolidated net loss […] Read more
ADB Becomes Observer for the Network for Greening the Financial System Updated On Tue, Jul 7th, 2020 by Saurenergy ADB has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer The Asian Development Bank (ADB) joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer on June 23, 2020. NGFS, launched at the Paris One Planet Summit on December 12, 2017, […] Read more
