Distributed Solar Startup Aerem Raises Rs 100 Crores Updated On Fri, Apr 4th, 2025 by Saurenergy Aerem, a solar platform dedicated to simplifying solar adoption for businesses and households, has announced that it has secured ₹100 crore in Series A round led by UTEC (University of Tokyo Edge Capital Partners), the Japan-based $700 million venture firm. The funds will drive the company’s expansion across India and enhance its solar financing and marketplace […] Read more
Mordor Intelligence Pegs 6.97% CAGR in 2023-28 for Distributed Solar Power Generation Updated On Tue, Oct 3rd, 2023 by Saurenergy A report release by Mordor Intelligence on distributed solar power generation market size forecasts that the market is expected to grow from USD 139.96 billion in 2023 to USD 196.03 billion. It is estimated that this growth is to be attained by 2028, at a CAGR of 6.97% during the forecast period (2023-2028). The report […] Read more
Solar Refrigeration Enabled By Carbon Credits In Nigeria Updated On Fri, Sep 29th, 2023 by Saurenergy CarbonClear, a pioneering data-driven carbon credit standard, has announced a strategic partnership with Koolboks, a Nigerian company specializing in the design and manufacturing of solar-powered refrigerators. These innovative refrigeration units are engineered to be portable, robust, and energy-efficient, making them an ideal solution for regions with limited or unreliable access to electricity. They are particularly […] Read more
Nexamp Secures $400 Million for Community Solar in Six US States Updated On Thu, Jun 1st, 2023 by Saurenergy Boston based national clean energy provider Nexamp has announced over $400 million in tax equity and debt commitments led by US Bancorp Impact Finance and Mitsubishi UFJ Finance Group (MUFG). The funds will support the creation of 49 solar power and battery storage projects in six US states. The renewable energy projects will come up […] Read more
MNRE Clarifies On Applicability of ALMM Rules For Open Access, Net Metering Projects Updated On Tue, Oct 11th, 2022 by Saurenergy In an office memorandum on October 7, the Ministry of New and Renewable Energy has issued some key clarifications regarding it’s rules for usage of ALMM (Approved list of module manufacturers) modules across projects in India. The ministry, through another OM, had mandated the use of ALMM modules for all projects approved post April 1, […] Read more
Like Solar Trees, The Solar ‘Smartflower’ Also faces Cost Challenges Updated On Thu, May 12th, 2022 by Saurenergy Austria-based Smart Flower Energy Technology aims to “make a solar statement with the sculptural, intelligent Smartflower,” the latter being a flower-shaped solar product made of panels which operate with dual axis tracking, i.e. they follow the sun to always face it at an ideal 90 degrees. With a peak capacity of 2.5 kilowatts, the product is […] Read more
A Simple Solar Light Is Life Changing In This Indonesian Village Updated On Thu, May 5th, 2022 by Saurenergy Solar is more than just light. In a recent article on its website, IRENA has highlighted just how much. The article highlights the example of homemaker Konda Ngguna living in a small village in Laindeha, Sumba Island, Indonesia. Till a few years back, there used to be a total blackout in the Laindeha village after […] Read more
At Intersolar India, Gujarat Demonstrates Why It Is India’s Solar Growth Engine Updated On Mon, Dec 6th, 2021 by Saurenergy At Intersolar India last week, the first doubt that was cleared very quickly was the choice of location. Gandhinagar, the capital of Gujarat, is known to most people more for its limited role as the seat of the state government, than any pretensions to be a thriving commercial or cultural hub. Barely 20 odd kilometres […] Read more
US Distributed Energy Major Nexamp Closes $680 million Fund Raise Updated On Wed, Aug 18th, 2021 by Saurenergy Nexamp, which has a focus on distributed solar and storage systems, has secured a $240 million equity investment led by Generate Capital. The company also recently raised $440 million in debt financing, bringing its total new funding to $680 million. The new funding will accelerate Nexamp’s ability to offer a flexible range of decarbonization options for customers, expanding its […] Read more
