Lithium Battery Recycling In Focus With $542 Million Funding For Ascend Elements Updated On Wed, Sep 13th, 2023 by Saurenergy The battery recycling market in the US has heated up with the announcement from Ascend Elements, of a huge $542 million in Series D funding. Ascend had earlier been granted massive grants of over $400 million by the Department of Energy, and the latest fund raise makes it one of the largest U.S. cleantech equity […] Read more
Euler Motors & Fyn Partner to Drive Logistics for Fast Charging EVs Updated On Wed, Sep 13th, 2023 by Saurenergy A vertically integrated EV as a service platform, Fyn, has announced a strategic partnership with Euler Motors to procure 2000 fast charging three-wheeler EVs. Through this alliance, the firm claims, Euler Motors will empower Fyn to establish the country’s largest three-wheeler fast charging EV fleet, dedicated to serving the burgeoning B2B sector with its flagship […] Read more
First Solar Wins 2 GW Order from Longroad Energy for Thin-Film Solar Modules Updated On Wed, Sep 13th, 2023 by Saurenergy US-headquartered solar PV manufacturer, First Solar has scored a 2 GW worth of order from a US-based renewable energy developer, Longroad Energy. The order is for its thin-film photovoltaic (PV) modules. The order is scheduled for delivery between 2027 and 2029. The said firms presently have a framework agreement for 3.7 GW. This will augment […] Read more
Waaree Renewable Technologies Bags 52.6 MW Solar Project Updated On Wed, Sep 13th, 2023 by Saurenergy Waaree Renewable Technologies Limited has received a letter of intent for Engineering, Procurement and Construction (EPC) services in for the establishment of a ground mounted solar power project of capacity worth 52.6 MWp. The commercial order has been bagged by a group company, which is among India’s leading power generation firms. The project is slated […] Read more
Tata Power Solar Systems Ltd & SIDBI to Offer Financing to MSMEs for Solar Adoption Updated On Wed, Sep 13th, 2023 by Saurenergy Tata Power Solar Systems Ltd & SIDBI have signed a Memorandum of Understanding (MoU) to offer easy financing options for MSMEs. TPSSL is one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL). MSMEs that are willing to opt for rooftop solar PV plant or associated services […] Read more
China On Course For 1 TW Solar Capacity By 2026, 500 GW In 2023 Updated On Wed, Sep 13th, 2023 by Saurenergy China’s solar sector is set to break records in the coming years. When installed capacity crosses the 500 gigawatts (GW) mark by the end of 2023, it will have taken 13 years to reach that milestone. That total, however, will be doubled to 1 terawatt (TW) in just three additional years. Rystad Energy modeling shows […] Read more
PM KUSUM: MNRE Extends Waiver On Local Content Mandate For Solar Cells Updated On Tue, Sep 12th, 2023 by Saurenergy In its latest notification, the Ministry of New and Renewable Energy (MNRE) has extended the waiver of the Domestic Content Requirement (DCR) for solar cells under the Component C of the PM-KUSUM scheme. Earlier, the ministry had issued an official memorandum on August 1, 2022, to extend the waiver till July 20, 2023. In its latest […] Read more
CERC Proposes Change In Norms Regulating Old Thermal Plants Updated On Mon, Sep 11th, 2023 by Saurenergy The Central Electricity Regulatory Commission (CERC), in its latest notification, has proposed a change in a provision of its existing regulations. This provision is related to the older thermal power plants and their powers to tie up with beneficiaries for power supply. It has asked the stakeholders and public to send in their comments and objections by […] Read more
Jakson Solar Partners with Ariel Re to Elevate Credibility in Solar PV Modules Updated On Mon, Sep 11th, 2023 by Saurenergy Jakson Solar, a leading module manufacturer in India, and part of Jakson Group, an Indian energy and infrastructure conglomerate, has forged a strategic partnership with Ariel Re, a Lloyd’s of London Syndicate and its Clean Energy division, a provider of technology performance insurance globally. This collaboration solidifies Jakson’s commitment to delivering top-tier solar PV modules while […] Read more
