China’s Solar Dominance: How Key Consumer Markets Are Adapting Updated On Mon, Oct 3rd, 2022 by Saurenergy Governments across the globe are increasingly investing in various sources of new and renewable energy to reach their targets of either achieving carbon neutrality or reducing emissions considerably to help realise the goal of the Paris agreement – limiting the rise in global temperature below 2-degree celsius from pre-industrial levels. Solar power is one of […] Read more
We Are Targetting Volumes of Nearly 175,000 Vehicles Yearly in Next 5-7 Years Updated On Mon, Oct 3rd, 2022 by Saurenergy EV startup, ElectronEV was founded in 2020 by Vinay Jayachand and Rakesh Koneru. Based out of Bay Area, USA and Hyderabad, the startup recently announced its entry into the Indian market. Its founder Vinay Jayachand brings to the table more than 11 years of experience in the automotive industry. Of this, he spent eight years […] Read more
RE Employment Rose 700,000 in 2021; Nears 13 million: Report by IRENA & ILO Updated On Fri, Sep 23rd, 2022 by Saurenergy According to a new report published by the International Renewable Energy Agency (IRENA) and International Labour Organization (ILO), worldwide employment in the renewable energy sector reached 12.7 million in 2021, representing a jump of 700,000 new jobs in just 12 months. The report named ‘Renewable Energy and Jobs: Annual Review 2022,’ identifies domestic market size […] Read more
FTC Solar Launches New 1P Solar Tracking System Updated On Tue, Sep 20th, 2022 by Saurenergy Texas-based FTC Solar, that supplies solar tracker systems, software, and engineering services, has announced that it has introduced a new and differentiated, one module in portrait (1P) Solar Tracker Solution called ‘Pioneer.’ Nagendra Cherukupalli, Chief Technology Officer, FTC Solar, said, “Pioneer achieves a full 18 to 36 per cent pile count reduction per megawatt vs. […] Read more
US-Based Odyssey Raises $5.34m to Expand Distributed RE Updated On Mon, Sep 12th, 2022 by Saurenergy US-based Odyssey Energy Solutions has announced that it has raised $5.34 million in new funding led by Equal Ventures, a venture capital investment firm based in New York,. The participating investors include Twelve Below, Abstract Ventures, Founder Collective, and MCJ Collective. Odyssey offers an end-to-end solution to finance, build and operate distributed energy projects at […] Read more
Egypt Looks to Construct Two Large Solar, Wind Projects Updated On Tue, Sep 6th, 2022 by Saurenergy The Egyptian government is mulling over the development of two large renewable energy projects to cut its reliance on fossil fuel based power according to reports. Two solar and wind energy plants will be constructed in the North African Arab. The New and Renewable Energy Authority (NREA), which is mandated with the development of clean […] Read more
Pakistan To Build 300 MW Solar Power Plant In Gwadar Instead Of Coal Based Plant Updated On Thu, Jul 28th, 2022 by Saurenergy The economic downturn and balance of payment crisis can have a noble effect. In Pakistan, the Power Division now wants to abandon the planned 300 MW coal power plant at port city of Gwadar and instead build a solar power plant of the same capacity in order to relieve itself from importing more coal. […] Read more
IRENA Releases Reports On Global Hydrogen Trading Trends In 2050 Updated On Fri, Jul 8th, 2022 by Saurenergy A new report by International Renewable Energy Agency (IRENA) has said that to make the trade of hydrogen cost-effective, the costs of producing and trading green hydrogen must be lower than domestic production to offset higher transport cost. Hydrogen trade can contribute to a more diversified and resilient energy system, allowing countries to decarbonise their […] Read more
E-Bike Maker One Electric Looks Overseas For Expansion Updated On Wed, Jun 22nd, 2022 by Saurenergy Having already set up business in eight export markets, Noida-based electric motorcycle maker, One Electric is now looking to raise $5 million and another $20 million at the end of this year to fund its overseas expansion plans, which will entail an assembly plant in Nairobi, Kenya. As per Gaurav Uppal, the chief executive, One […] Read more
