Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest Updated On Mon, Aug 7th, 2023 by Saurenergy Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […] Read more
A Case For Green Financing For More Transmission Infrastructure Updated On Fri, Aug 4th, 2023 by Saurenergy In a provocative blog on the importance of the transmission sector and its role in the energy transition, two world bank staffers make the case for expanding the definition of green projects when it comes to transmission projects, to ensure faster adaption of these vital infrastructure to handle green energy projects. The article comes at […] Read more
KAUST & LONGi Sign MoU to Push Solar Energy Innovation in Saudi Arabia Updated On Wed, Aug 2nd, 2023 by Saurenergy King Abdullah University of Science and Technology (KAUST), a research and graduate education institution, and LONGi have signed a Memorandum of Understanding (MoU) to foster innovation in solar energy. Special advisor to KAUST President, Dr Kevin Cullen and LONGi President for the MEA-CA region Dr. James Jin signed the MoU in the presence of LONGi […] Read more
Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation Updated On Tue, Aug 1st, 2023 by Saurenergy A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning. The report highlights the significant reduction in GHC […] Read more
Ready, Set, Go: India’s Solar Manufacturing Ambitions Are Flying Updated On Mon, Jul 31st, 2023 by Saurenergy For India’s solar sector and its many entrepreneurs, all signals are finally green. Or so it would seem. Be it progress on manufacturing plans, including the all important backward integration, exports, and of course, a strong domestic market for their output. Everything has come together for the many firms and entrepreneurs who will hope for […] Read more
Top 5 Takeaways From Global Q2 Renewables Report Updated On Wed, Jul 26th, 2023 by Saurenergy The latest Global Renewable Market Update for Q2 by Edison Energy has shed light on the changing dynamics of the renewable energy market in the United States (US) and European Union (EU). The report discussed the price transition of renewable energy Power Purchase Agreements (PPAs) in these two regions. Following are the five top takeaways […] Read more
BENY Emerges From the Shadows To Power 7 GW Solar Project with 1500V DC T& D Solution Updated On Wed, Jul 26th, 2023 by Saurenergy China-based BENY, which has been making big strides in the energy transition space with its power electronics has added a major feather in its cap with the stable performance of the world’s largest 7 GW solar PV power station in Qinghai Province’s upper reaches of the Yellow River. A prestigious project where China National Energy Investment […] Read more
Trina Solar Gets Zero Carbon Factory Certificate in PV Industry Updated On Tue, Jul 25th, 2023 by Saurenergy Trina Solar has announced the certification of its Yiwu manufacturing facility as a Zero Carbon Factory. This is the first factory in the PV industry to be awarded zero carbon status by an independent agency, claims the firm. Trina Solar’s Yiwu factory was assessed by TiGroup, a certification body specialising in health, safety, environmental and […] Read more
Japan’s Proterial Develops Prototype EV Motor Without Neodymium Magnets Updated On Tue, Jul 25th, 2023 by Saurenergy Japanese metal maker Proterial has recently developed a prototype motor for electric vehicles that use magnets that do not contain the rare-earth metal neodymium. Neodymium magnets are the most common type of magnets currently employed in EV motors. However, this rare earth metal is chiefly sourced from China, because of which a stable procurement has […] Read more
