$205 Million Raised, As The Year’s Third Largest Funding By New Energy Solar As IPO Updated On Tue, Nov 28th, 2017 by Saurenergy At the median share range of $1.50 per share between $1.45 and $1.55 the book was closed totaling to $205 million. The amount of $205 million at $1.5 per share has been raised by renewable energy investor New Energy Solar as per their Initial Public Offering (IPO) by Morgan Stanley and Evans and Partners. Bookrunner […] Read more
Mobisol Successfully Installs Off-Grid Solar Power Plant with 10MW Capacity in East Africa Updated On Tue, Nov 28th, 2017 by Saurenergy Mobisol fights global climate change by offsetting 50,000 tons of CO2 equivalent per year through smart rent-to-own solar power systems. Mobisol, a Germany-based provider of decentralized solar power solutions, has successfully installed a capacity of 10MW and electrified over 500,000 people in East Africa to date. The company fights global climate change by offsetting 50,000 […] Read more
Elon Musk Won US$50 Million In A Bet to Build A Huge Battery In 100 Days Updated On Mon, Nov 27th, 2017 by Saurenergy Musk took it as a challenge in order to solve South Australia’s power woes which had witnessed a state-wide blackout. Tesla and SpaceX Founder and entrepreneur Elon Musk has won a bet for building a giant battery in a record time of 100 days, $50 million was on stake during the bet and Musk has […] Read more
Israel Households Can Now Sell Electricity and Install Solar Panels To The Grid Updated On Mon, Nov 27th, 2017 by Saurenergy In 2014 Israel has set a target of achieving 5 percent of renewable energy which is now after three years is constituted to be on 2 percent. According to a newly launched program by The Energy Ministry and Electricity Authority will help Israeli residents and other electricity consumers to sell power and install solar panels […] Read more
Glass Microparticles Enhance Solar Cells Efficiency Updated On Mon, Nov 27th, 2017 by Saurenergy When it comes to manufacturing solar cells, it is crucial to find ways to diminish light reflection from cells and avoid transparent electrode overheating, which prevents solar cells from working properly. Scientists from ITMO University suggested a new solar cell coating that combines features of an electrode and those of a light-trapping structure. The coating […] Read more
Qatar to Adopt First Renewable Energy Strategy Updated On Mon, Nov 27th, 2017 by Saurenergy Many government bodies in Qatar are cooperating to adopt the first renewable energy strategy to diversify energy sources and reduce harmful emissions. To cut carbon emission and diversify energy sources, Qatar has increased its efforts to adopt the first renewable energy strategy. Dr Mohammed bin Saleh Al Sada, Minister of Energy and Industry, speaking at […] Read more
Arctech Solar’s First African Solar Power Project Successfully Constructed Updated On Mon, Nov 27th, 2017 by Saurenergy Arctech Solar is expecting a significant solar power yield increase from this project. It is also the first solar power tracker project in southern Namibia so far. The 6MWp solar power plant in Namibia, built by the PowerChina Guizhou Engineering Company, was successfully constructed and is expected to be commissioned and grid connected by the […] Read more
Hydrogen Fuel for Cars One Step Closer to Reality Updated On Mon, Nov 27th, 2017 by Saurenergy The technology, described in a paper in the journal Energy Storage Materials, could be especially useful in rural areas, or to military units serving in remote locations. Researchers at University of California, Los Angeles have designed a device that can use solar energy to inexpensively and efficiently create and store energy, which could be used […] Read more
ADB Grants 44.76 Million Dollars Loan to Develop Solar Power Plant in Afghanistan Updated On Mon, Nov 27th, 2017 by Saurenergy The new on-grid solar power generation project will not only provide access to a clean and reliable power supply, but also demonstrate the viability of future renewable energy investments through public-private partnerships. The Asian Development Bank (ADB) has approved a $44.76 million grant to develop Afghanistan’s first 20 megawatts on-grid solar power plant and boost […] Read more
