Sunlight Secures ~$2.5 Bn in Solar Financing via Expanded Partnership With Tech CU Updated On Thu, Mar 18th, 2021 by Saurenergy Sunlight Financial, a premier, technology-enabled point-of-sale residential solar financing platform, today announced that Tech CU, a Silicon Valley-based credit union, has committed to fund another nearly $2.5 billion in residential solar and storage systems sold and installed by Sunlight partners over the next three years, expanding upon a long-term partnership between Sunlight and Tech CU […] Read more
Euler Motors Closes its ‘Series A’ Investment Round at $9.5 million Updated On Thu, Mar 18th, 2021 by Saurenergy Delhi-based electric last-mile logistic solutions provider, Euler Motors has announced that it has closed its Series A funding round at USD 9.5 million, with additional investments of USD 2.6 million from ADB Ventures and Blume Ventures. The investments were made by the ADB Ventures Equity Fund, which is ADB Ventures’ first investment fund in any […] Read more
Amplus Solar Announces the Finalists of ‘The MILES Challenge’ Updated On Thu, Mar 18th, 2021 by Saurenergy Amplus Solar has announced the Green List i.e. the finalists of The MILES (M+ Innovation Lab for Energy and Sustainability) Challenge. Amplus Solar has announced the Green List, the finalists of The MILES (M+ Innovation Lab for Energy and Sustainability) Challenge. The challenge was launched in January 2021 for start-ups with ready to deploy innovations […] Read more
StoreDot Appoints Former BP Ventures’ David Gilmour as Chairman Updated On Tue, Mar 16th, 2021 by Saurenergy StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles (EVs), today announces the appointment of London-based Dr. David Gilmour as Executive Chairman. Gilmour is the former Vice President of Business Development at bp and the former Global Head of bp Ventures. He has served on StoreDot’s Board of Directors since 2018. […] Read more
Innovations in Floating Wind Technologies Key to Further Cost Reductions Updated On Thu, Mar 11th, 2021 by Saurenergy Floating offshore wind is maturing and has performed significant cost reductions over the past years. The technology allows Europe to unlock its full offshore wind potential and enables more countries to benefit from offshore wind in reaching their green transition objectives. Research and innovation remain key to the future competitiveness of floating offshore wind: the […] Read more
Siemens Gamesa to Supply New Zealand’s 2nd Largest Wind Farm Updated On Thu, Mar 11th, 2021 by Saurenergy Siemens Gamesa will supply 41 of its wind turbines for New Zealand’s second largest wind farm to Meridian Energy, strengthening its leading position in the country’s wind energy market. Following its expected commissioning in 2023, the 176 MW Harapaki wind farm will generate sufficient renewable energy to power over 70,000 local average households and support […] Read more
40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022 Updated On Thu, Mar 11th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […] Read more
Mainspring Launches new Power Generation Technology; Announces $150 Mn Agreement with NextEra Updated On Wed, Mar 10th, 2021 by Saurenergy Mainspring Energy has launched the Mainspring Linear Generator, the first product in a new category of power generation technology for commercial and industrial buildings, utilities, and microgrids. The growing mandate for a reliable, affordable, and low-carbon electric grid is driving demand for new power generation technologies that can enable greatly increased use of renewable energy […] Read more
AAP to Provide Scrapping Incentive Under Delhi EV Policy, Says Gadkari Updated On Tue, Mar 9th, 2021 by Saurenergy The Delhi government is providing scrapping incentives, including up to Rs 7,500 per vehicle for auto and light commercial vehicles, under Delhi Electric Vehicle (EV) Policy 2020, Parliament was informed on Monday. Road Transport, Highways, and MSMEs Minister Nitin Gadkari informed Rajya Sabha in a written reply, that “Under the provision, all leased/hired cars used […] Read more
