Solar Startup Raptor Maps Closes $35 Mn Series C Financing Round Updated On Wed, Dec 11th, 2024 by Saurenergy US-based software company Raptor Maps recently announced its oversubscribed Series C financing round. The $35 million growth investment was led by Canadian-based Maverix Private Equity (Maverix). It involved participation from existing investors MKB, Blue Bear Capital, Congruent Ventures, Buoyant Ventures, and Y Combinator. The firm works towards increasing the impact of advanced analytics and digital […] Read more
Juniper Green Inks Landmark 1GW Module Order With First Solar Updated On Tue, Dec 10th, 2024 by Saurenergy Juniper Green Energy has inked a landmark agreement with First Solar, Inc. for the procurement and supply of 1 gigawatts (GW) of its advanced Series 7 FT1 cadmium telluride (CdTe) thin film photovoltaic (PV) modules. The Gurgaon -based renewable energy company plans to deploy these modules in the coming financial year for its projects across […] Read more
Rajasthan Issues New Policy To Offer Incentives For RE Projects Updated On Thu, Dec 5th, 2024 by Saurenergy To use the untapped renewable energy potential in Rajasthan, the state government released an Integrated Clean Energy Policy. It targets the establishment of 125 GW of renewable power projects by 2029-30. To fulfill its mission, the plans to add 90 GW of solar, 25 GW MW of Wind & Hybrid, and 10 GW of Hydro, […] Read more
US Adds 9.3 GW Of New Solar Module Manufacturing Capacity In Q3: Report Updated On Thu, Dec 5th, 2024 by Saurenergy The latest report from the US Solar Market Insight said that the United States (US) added 9.3 gigawatts (GW) of new solar module manufacturing capacity in Q3 of 2024. According to the US Solar Market Insight, Q4 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, five new or expanded factories […] Read more
Glow Raises USD 30 Mn From Union Square Ventures To Expand Biz Updated On Wed, Dec 4th, 2024 by Saurenergy Glow, an Ethereum-based solar company secured USD 30 million in funding from venture capital firms Framework and Union Square Ventures. This funding aims to expand Glow’s operations into new markets, further develop blockchain solutions for renewable energy. Glow uses blockchain to create a Decentralized Physical Infrastructure Network (DePIN), linking solar farms and creating an efficient […] Read more
Hoymiles Promises Efficiency and Extended Warranties To Back its Microinverters And Storage Solutions In India Updated On Wed, Dec 4th, 2024 by Saurenergy Solar energy is advancing on an unprecedented growth trajectory, driven by global decarbonization goals and advances in solar technology. Solar PV installations are expanding rapidly, accounting for three-quarters of the 510 GW of renewable energy added globally in 2023. In India too, the solar push is truly on, as the world’s third largest solar market […] Read more
GUEST COLUMN: Understanding Ground-Mount Solar Systems Updated On Tue, Dec 3rd, 2024 by Saurenergy By-Shreyas Gowda A ground-mount project is a solar system installed on land rather than a rooftop, such as a concrete floor or a metal sheet. It comprises an array of photovoltaic modules supported by a module mounting structure (MMS). The panels convert sunlight into direct current (DC), the current is transferred to the inverter through […] Read more
[VIDEO]: How Solar Boom Can Lead To Power Blackout In Pakistan? Updated On Tue, Dec 3rd, 2024 by Saurenergy In January 2023, Pakistan experienced a nationwide power outage that left over 200 million people without power for almost a day. By 2024, the ‘energy crisis’ hit Pakistan, and is now the world’s sixth-largest solar market. So, what’s behind Pakistan’s solar boom? Is it really wide adoption of solar or expensive power bills? A recent […] Read more
Brazil Installed Solar Capacity Touches 50 GW In 2024 Updated On Thu, Nov 28th, 2024 by Saurenergy Brazil’s solar installed capacity recently reached 50 GW according to new data from the Brazilian Photovoltaic Solar Energy Association (ABSOLAR). Of the cumulative capacity, the country secured 33.5 GW from distributed generation and 16.5 GW from utility-scale projects, The country now sources more than 95% of the capacity released this year from renewable sources. With […] Read more
