Rakesh Singh to Steer RenewSys as CEO- Encapsulants & Backsheets Updated On Thu, Aug 17th, 2023 by Saurenergy Rakesh Singh has been onboarded at RenewSys as the CEO – Encapsulants & Backsheets. Singh’s career spans 30 years in manufacturing, business excellence, Supply Chain Management, and domestic & international business. Rakesh’s previous stint was as the CEO & Executive Director at Mahindra Solarize. He has also worked with other firms such as Vickers System […] Read more
Parminder Chopra Becomes CMD at PFC, First Woman to Lead India’s Largest NBFC Updated On Thu, Aug 17th, 2023 by Saurenergy Parminder Chopra has been appointed as the CMD at Power Finance Corporation (PFC). She was earlier the Director (Finance) at PFC. She has becomes the first women to steer the country’s largest NBFC. Parminder brings to the table over three decades of experience in the sectors of finance and power. The firm said, “During her […] Read more
US Energy Firm Origis Energy Raises $750 Million For Solar, Storage Plans Updated On Thu, Aug 17th, 2023 by Saurenergy Origis Energy, one of America’s leading renewable energy platforms, announced on Aug 16 that it has closed a $750 million construction warehouse funding facility. The facility will fund large scale solar and energy storage project construction totaling approximately 2 gigawatts (GW) across 15 states over the next three years. The move follows the announcement of […] Read more
Heat Battery Storage Firm Rondo Energy Secures $60 Million Funding Updated On Thu, Aug 17th, 2023 by Saurenergy Rondo Energy, a leading provider of zero-carbon industrial heat and power, has raised $60 million in a new financing planned to speed the rollout of Rondo Heat Batteries (RHBs) worldwide and to transform the global energy storage market. The financing brings together funding from current Rondo investors Breakthrough Energy Ventures, Energy Impact Partners, SCG, and TITAN, industrial […] Read more
Chinese Tracker Major Arctech Bags GW Scale Deal In Uzbekistan Updated On Thu, Aug 17th, 2023 by Saurenergy Central Asia continues to deliver big foor Chinese equipment majors. Arctech, which claims to be the world’s leading solar tracking, racking, and BIPV provider, has signed a solar tracker supply contract with China Energy Engineering Corporation Limited (CEEC) in Uzbekistan, in Qashqadaryo Viloyati and Buxoro with a total capacity of 1GW. The CEEC team is […] Read more
Modi Government To Stump Up A Share Of Rs 20,000 Cr for 10,000 E Buses Updated On Thu, Aug 17th, 2023 by Saurenergy The Union government has pushed out a scheme to accelerate adoption of electric buses across 100 key cities in India. These cities, with a minimum population of 3 lac people or more, will cover all capital cities of hill states, North East States and Union Territories. Cities lacking transport infrastructure will be at the front […] Read more
Inverter Maker Solinteg Brings Its Low Carbon Offerings To India With iNVERGY Updated On Wed, Aug 16th, 2023 by Saurenergy Chinese new energy firm, Solinteg has officially announced its expansion into India with a robust partnership with iNVERGY. Solinteg offer products of PV inverters,battery, smart terminal, monitoring device and EMS service. The collaboration with iNVERGY, whose promoter group has extensive experience with solar products distribution in India, signifies the introduction of Solinteg’s industry-leading Integ M […] Read more
Solar’s Slow Rise In Sun Drenched Pakistan Updated On Wed, Aug 16th, 2023 by Saurenergy Extensive load shedding and high and rising electricity costs are a few of the reasons for consumers to seek a switch to solar power in Pakistan. With industry pointing out that the nation pays some of the highest electricity tariffs in South Asia, it is indeed a wonder why solar has not established a stronger […] Read more
$12 Mn Investment Closed by Reliance & Others in California’s Perovskite Solar Firm Caelux Updated On Wed, Aug 16th, 2023 by Saurenergy California-based firm, Caelux, which employs perovskite technology for solar energy, has pocketed $12M in Series A3 funding. The said round raised the cumulative amount to $23 million. The round augmented the cumulative amount to $23M. The investment round was led by Temasek and also saw participation from Reliance New Energy Limited, Khosla Ventures, Mitsui Fudosan, […] Read more