Husk Power Secures $100+ Million in Equity and Debt To Boost Growth Updated On Wed, Oct 25th, 2023 by Saurenergy Husk Power Systems has now announced closing $43 million in Series D funding. It said that it is the largest-ever equity raise in the minigrid industry. The funding, the firm said, would bolster Husk’s position as the leader in electrifying communities in rural Sub-Saharan Africa and South Asia with an Artificial Intelligence-enabled platform of renewable […] Read more
IEA World Energy Outlook 2023-Focus on Affordability, Developing Nations To Achieve Targets Updated On Wed, Oct 25th, 2023 by Saurenergy The International Energy Agency’s (IEA) Annual World Energy Outlook Report is out, and it does its best to paint an optimistic picture of the possibilities from energy demand and supply. Even as meeting the target of limiting global warming to 1.5°C from human activity looks increasingly difficult, which the report admits, it continues to provide […] Read more
Servotech Power Systems Files Two Patents for Energy Management Technologies Updated On Wed, Oct 25th, 2023 by Saurenergy Servotech Power Systems, a manufacturer of EV chargers and solar solutions, has announced that it has filed two patents for innovative energy management technologies in order to facilitate grid service optimization through a battery energy storage system. These will also help effectively channel renewable energy into BESS for maximum value, enabling the transition to sustainable […] Read more
Sterling & Wilson Reports Increase In Income, Reduced Losses Updated On Sun, Oct 22nd, 2023 by Saurenergy Renewable Energy EPC firm Sterling and Wilson, in its latest filing, said that it witnessed a rise in its total income in the quarter ending September. The increase in income was reported on a Year-On-Year (YoY) basis and also on Quarter-On-Quarter (QoQ) basis. As per the furnished details of the unaudited consolidated financial results, the firm reported […] Read more
US Invested $3.46 billion In Electric Grid Resilience Projects: US Department of Energy Updated On Fri, Oct 20th, 2023 by Saurenergy US President Joe Biden recently released the America Agenda Funds for investment in 58 projects across 44 states in the US, for grid resilience, a report from the Department of Energy said. In the agenda, it has announced $3.46 billion grant for these projects to strengthen electric grid resilience and reliability across America. This would […] Read more
Cosmos Innovation Bags $19.7mn For Perovskite Silicon Tandem Fab Platform Updated On Fri, Oct 20th, 2023 by Saurenergy Singapore based Cosmos Innovation, an AI-first company building next-generation perovskite silicon tandem (PST) solar cell technology, today announced raising $19.7 million in total funding. Founded by Vijay Chandrasekhar and Joel Li, the firm raised its Series A round with participation from Xora Innovation, an early-stage, deep-tech investment platform of Temasek, headquartered in Singapore. Other investors joining […] Read more
Assistant Vice President- Design & Engineering Updated On Thu, Oct 19th, 2023 by Saurenergy Responsibilities:- Partner with Sales & Bidding organization in customer acquisition through application engineering solutions. It should include Optimization through sizing and engineering of Solar, Wind and Energy Storage assets to suit the bid and customer requirements Detailed engineering and BOQ-based optimization Partner with projects and services organization for optimal design and engineering solutions for project execution. […] Read more
Chinese Module Maker DMEGC Gets Carbon Neutral Certificate For Factory Updated On Thu, Oct 19th, 2023 by Saurenergy DMEGC Solar’s factory in Sihong, Jiangsu Province, was designated a CO₂-neutral factory by TÜV SÜD on October 16. This is a historic achievement as it is the first photovoltaic (PV) manufacturer to receive a CO₂ certification certificate from the certification body.-neutral assessment. This recognition underscores DMEGC Solar’s commitment to Energy Conservation and Emission Reduction (ECER), […] Read more
Slowly And Steadily, Battery Storage Builds Up To Make The Renewables Case Stronger Updated On Thu, Oct 19th, 2023 by Saurenergy The announcement by Plus Power LLC of $1.8 billion in new financing for standalone battery storage, including the largest single such project financing to date, to help stabilize the U.S. electrical grid while incorporating more solar and wind energy should be welcomed. The news comes at a time when detractors have been challenging the relevance […] Read more