Deeptech Startup Oorja Raises $1.5 Million in Pre-Series A Funding Updated On Thu, Sep 28th, 2023 by Saurenergy Oorja, a Bengaluru-based deep tech startup, that uses a combination of Physics and Machine Learning to perform predictive modelling, today announced that it has raised $1.5 million in seed funding. The funding round was led by Micelio Fund, which claims to be the first venture capital fund in India dedicated to sustainable innovation in the […] Read more
US Continues to Break Storage Records, With 5.5 GWh Added In Q2 2023 Updated On Wed, Sep 27th, 2023 by Saurenergy A report from Wood Mackenzie and the American Clean Power Association states that the U.S. added 5,597 MWh of energy storage in Q2 2023, a new quarterly record. The storage boom has been fueled by a sharply rising share of renewable energy, as well as incentives at state level as well as now, through the […] Read more
Enfinity Global Acquires 546-MW Of Solar Assets Updated On Fri, Sep 22nd, 2023 by Saurenergy American renewable energy conglomerate Enfinity Global has announced the acquisition of 546 MW of solar assets in Colorado. The solar assets are currently under development by CS Energy. As per the official statement issued by Enfinity Global, the acquisition portfolio consists of three solar projects developed in Colorado, an attractive solar market mandating 100% renewable […] Read more
Canadian Solar Locks 4 GWp of Module Contracts During The 2023 RE+ Show Updated On Thu, Sep 21st, 2023 by Saurenergy Canadian Solar has announced that it has successfully finalized approximately 4 GWp of solar module contracts during the 2023 RE+ show in Las Vegas, the USA. The contracts are expected to be serviced by both its upcoming Texas factory and its expanded Thailand module factory. “Our cost competitive TOPBiHiKu7 bifacial TOPCon module has received overwhelmingly […] Read more
Inox Bags Nitrogen Deal With First Solar For Tamil Nadu PV Plant Updated On Fri, Sep 15th, 2023 by Saurenergy INOX Air Products (INOXAP), India’s largest manufacturer of industrial and medical gases, has signed a 20-year agreement with First Solar, the American manufacturer of thin film solar modules which is starting commercial production at Tamil Nadu soon. The agreement covers the design, engineering, installation, and operations of a Cryogenic Nitrogen Generator to supply high-purity Nitrogen […] Read more
SOFAR Introduces Prime PV & ESS Solutions at RE+ 2023, Las Vegas Updated On Thu, Sep 14th, 2023 by Saurenergy A firm that delves into PV & Energy Storage Solutions (ESS), SOFAR has made its debut at RE+, a conference on renewables in Las Vegas, with innovations tailored for utility and residential applications. The firm has indicated its intensified focus on North American solar and storage market. Across all segments of the renewable energy industry, […] Read more
First Solar Wins 2 GW Order from Longroad Energy for Thin-Film Solar Modules Updated On Wed, Sep 13th, 2023 by Saurenergy US-headquartered solar PV manufacturer, First Solar has scored a 2 GW worth of order from a US-based renewable energy developer, Longroad Energy. The order is for its thin-film photovoltaic (PV) modules. The order is scheduled for delivery between 2027 and 2029. The said firms presently have a framework agreement for 3.7 GW. This will augment […] Read more
Energy Storage in Focus in US as Multiple Firms Secure Support Updated On Mon, Sep 11th, 2023 by Saurenergy The US is witnessing a boom in solar manufacturing and energy storage projects with the announcement of the Inflation Reduction Act. The past week was also marked by news on key energy storage projects. Project Financing Among these, a major news coming in was of Nevada-based American Battery Technology Co., a battery materials firm, that […] Read more
Shell Secures 600 MW Solar Project in Germany Updated On Fri, Sep 8th, 2023 by Saurenergy Energy conglomerate Shell has joined hands for a Power Purchase Agreement with Hansa Invest Real Assets to acquire a German solar project of 600 MW capacity. HANSAINVEST Real Assets is a subsidiary of German insurance company SIGNAL IDUNA and manages over €7 billion in real estate and infrastructure assets across Europe. Microsoft has already secured […] Read more
