Reliance New Energy Picks Up 20% In US Solar Startup Caelux Updated On Fri, Sep 23rd, 2022 by Saurenergy Reliance New Energy Ltd (RNEL), a wholly owned subsidiary of Reliance Industries Ltd that is spearheading its renewable investments, has signed definitive agreements to invest in Caelux Corporation, a company headquartered in Pasadena, California, in the U.S. engaged in the development of perovskite-based solar technology. Caelux’s fundamental premise is cheaper, more efficient silicon solar modules, […] Read more
Cabinet Approves Second Tranche of PLI Scheme For Solar Module Manufacturing Updated On Wed, Sep 21st, 2022 by Saurenergy The second tranche / phase of the Production Linked Incentive (PLI) scheme for the advancement of solar PV modules, with an outlay of Rs 19,500 crore, was approved by the Union Cabinet on September 21. In a press conference held after the Cabinet meeting, Union Minister Anurag Thakur stated that the PLI for the “National […] Read more
USA’s P&G Collaborates with ENGIE for New Texas’ RE Project Updated On Wed, Sep 21st, 2022 by Saurenergy USA’s FMCG Company, P&G (Procter and Gamble) and utility services provider company ENGIE North America have recently announced the collaboration for a 200 MW power purchase deal from ENGIE’s Sun Valley Solar project. What the Collaboration Offers According to the document, the Sun Valley project, which is located 65 miles southwest of Dallas in Hill […] Read more
Project Coordinator – SoLAR / Scientific Research Updated On Tue, Sep 20th, 2022 by Saurenergy The International Water Management Institute (IWMI) is implimenting a multi-year, multi-country project titled Solar Irrigation for Agriculture Resilience (SoLAR), with support from Swiss Development Cooperation (SDC). SoLAR contributes to climate-resilient, gender and socially inclusive agrarian livelihoods in the region by supporting government efforts in four countries to promote solar irrigation. The project works closely with government […] Read more
Log9 Materials Raises Fresh Funding Led By Amara Raja Batteries Updated On Fri, Sep 16th, 2022 by Saurenergy Electric vehicle focused advanced battery platform Log9 Materials has raised $9.65 million (Rs 77 crores) from Amara Raja Batteries. This is the second round led by Tirupati-based batteries manufacturer in Log9 in the past year. With this round, Amara Raja Batteries now holds a 15.4% stake in Log9. The funding round appears to be still […] Read more
Neuman & Esser, Ballard Invest in Quantron for Hydrogen-Based Mobility Updated On Fri, Sep 16th, 2022 by Saurenergy Leading fuel cell expert Ballard Power Systems from Canada and the German hydrogen system specialist Neuman & Esser have announced that they are investing in Quantron AG as part of a financing round totaling up to EUR 50 million. With a company valuation of EUR 250 million, Neuman & Esser acquires a minority stake and […] Read more
Husk Power Systems to Establish 80 Rural Microgrids; Signs Microdebt Facility with EDFI ElectriFI Updated On Thu, Sep 15th, 2022 by Saurenergy Husk Power Systems, operator of the largest fleet of solar-hybrid microgrids across rural Asia and Africa, has set its sights on electrifying 80 additional communities in India with $6 million in new debt financing from the EU- funded Electrification Financing Initiative (EDFI ElectriFI). What the Microgrids Offer The 80 solar microgrids will prove to be […] Read more
Solar Manufacturing In India Needs Risk Mitigation Urgently Updated On Mon, Sep 12th, 2022 by Saurenergy HQTS Helmsman (India) Quality & Technology Services Private Limited) is a global supply chain solutions provider and third-party quality service provider, with a strong practice in the energy domain, including solar and wind energy. HQTS was founded in 1995 in China and is today known as one of Asia’s largest premier quality control companies. The […] Read more
California’s Pathway Power Raises $36 Million from The Forest Road Company Updated On Mon, Sep 12th, 2022 by Saurenergy Forest Road Renewables, a climate-focused infrastructure platform within financing firm The Forest Road Company, has announced a $36 million strategic investment in Pathway Power, a battery storage developer based in California. With the funding, Pathway Power will expand its portfolio of clean energy projects, which was designed to produce over 2 GW of energy across […] Read more
