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
Solar Pumps, Refrigerators To The Rescue In Benin, West Africa Updated On Thu, Aug 17th, 2023 by Saurenergy In the Kalalé District of Benin, West Africa, basic health services are hard to come by. Historically, a lack of electrical infrastructure in this region has meant no power to pump clean water or refrigerate vaccines. That has now changed due to a recently completed project by the Solar Electric Light Fund (SELF), with funding from the Millennium Challenge […] 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
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
IRA Has Turbo Charged American Solar Manufacturing-SEIA Updated On Wed, Aug 16th, 2023 by Saurenergy The Solar Energy Industry Association (SEIA), an Industry Association Body of US has released a Solar Market Outlook Report. It is interesting to see how the SEIA, till recently an advocate of solar developers and cheap imports from China, has changed tack to celebrate the impending manufacturing boom in the US. The report, more a […] Read more
Electrify America’s 75 MW Solar Farm Gets the Ball Rolling Updated On Wed, Aug 16th, 2023 by Saurenergy Electrify America, the open network of DC fast chargers for electric vehicles (EVs) in the US has kickstarted operations of its 75 MW solar renewable energy generation project referred to as Electrify America Solar Glow 1, located in San Bernardino County, CA. The Electrify America Solar Glow 1 extends to over a square mile and […] Read more
UbiQD and First Solar Partner for Developing Quantum Dot-Enhanced Solar Modules Updated On Wed, Aug 16th, 2023 by Saurenergy UbiQD, a New Mexico, US, based nanotechnology company, has announced a joint development agreement with First Solar, a solar technology company. This collaboration is to further incorporate fluorescent quantum dot technology into advanced solar modules. The Quantum dots (QDs) are semiconductor nanoparticles that exhibit high-efficiency photoluminescence over a wide range of tunable colours, making them […] Read more