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
WAAREE Gets 500 Cr Credit Line for Solar Projects Updated On Thu, Sep 8th, 2022 by Saurenergy WAAREE Energies, India’s largest solar panel manufacturer, has entered into an agreement with the State Bank of India (SBI) for availing unsecured financing for solar projects through Surya Shakti Solar Finance Scheme and providing working capital for Channel Partners under EDFS (Electronic dealer finance scheme). The credit line is for upto Rs 500 crores for […] Read more
Reliance Industries to Acquire Majority Stake in Solar Digital Platform SenseHawk Updated On Tue, Sep 6th, 2022 by Saurenergy Reliance Industries Limited (RIL) has signed definitive agreements to acquire a majority stake in California based SenseHawk for a total transaction value of USD 32 million, including funding for future growth, commercial rollout of products and R&D. Founded in 2018, SenseHawk is an early-stage California-based developer of software-based management tools for the solar energy generation industry. SenseHawk […] Read more
Taiwan’s ProLogium to Build Solid-State Battery Gigafactory in Europe Updated On Tue, Sep 6th, 2022 by Saurenergy Taiwan-based solid-state batteries manufacturer ProLogium has appointed Accuracy – an independent financial and strategic consulting firm – to advise on the location of its first major Gigawatt-hour (GWh) battery factory in Europe and to work with its international development team. The official statement of ProLogium states that the investment in the new factory will total […] Read more
Servotech Bags 4.1 MW UPNEDA Solar Project Updated On Mon, Sep 5th, 2022 by Saurenergy The Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) has awarded a sizable, state-spanning grid-interactive rooftop solar power plant project to Servotech Power Systems, an Indian developer of solar, LED, medical-grade, and electric vehicle (EV) charging solutions. The project entails construction of 4.1 MW solar project all around the state. According to the document, […] Read more
Binghamton University-Led Battery Initiative Gets $113 Million Grant Updated On Mon, Sep 5th, 2022 by Saurenergy In a key development, Binghamton University’s New Energy New York project has received over $113 million to establish a hub for ‘battery technology’ innovation in upstate New York. The U.S. Economic Development Administration announced that the region would receive more than $63 million; the State of New York will support the project with an additional […] Read more
US-Based CalWave Completes Open-Ocean Wave Energy Pilot Project Successfully Updated On Fri, Sep 2nd, 2022 by Saurenergy After 10 months of nonstop operation off the coast of San Diego, US-based wave energy developer company CalWave has completed its open-ocean wave energy pilot project. The project, which began operations in September 2021, was sponsored by the US Department of Energy (DOE) to showcase CalWave’s scalable and patented xWaveTM technology as a cost-effective, sustainable […] Read more
Trina Joins Longi, Jinko, In Strong H1 Show for 2022 Updated On Thu, Sep 1st, 2022 by Saurenergy China-based module and tracker manufacturer Trina Solar has reported module shipments of 18.05GW in first half, ranking second worldwide after Jinko Solar. Shipments of photovoltaic modules by Trina Solar totaled 18.05GW in the first half of this year, 72% more than the corresponding period last year. This meant that the company continues to rank second […] Read more
At Reliance AGM, It’s GW Scale All The Way, With New Power Electronics Announcement Updated On Mon, Aug 29th, 2022 by Saurenergy At the Annual General Meeting of Reliance Industries today, Chairman Mukesh Ambani’s plans for Renewable energy, among other things, were eagerly awaited. And he didn’t disappoint, with an update on the announcements made so far, as well as upcoming steps that the Rs 7.9 lakh crore ($105 billion) chemicals to telecom behemoth plans. Green energy […] Read more
