Solar Rooftop Developer Freyr Energy Secures INR 54 Crore Equity Investment Updated On Mon, Oct 16th, 2023 by Saurenergy Freyr Energy, a leading tech-enabled rooftop solar company in India, has secured an equity investment of INR 58 Crores. Freyr Energy is focused on taking solar energy for the retail customers (Homeowners and Micro, Small, and Medium Enterprises) in India. The round was led by EDFI ElectriFI, an EU-funded impact investment facility managed by EDFI […] Read more
Gujarat Tops The List In India With Lowest Power Tariff For EV Charging Updated On Mon, Oct 16th, 2023 by Saurenergy Gujarat seems to be India’s frontrunner regarding affordable tariffs for Electric Vehicle (EV) users. An analysis of the state-wise tariffs for the sector revealed that Gujarat offers the lowest tariff, ranging from Rs 4 to Rs 4.1 per unit, depending on the usage. On the other hand, Meghalaya seems to be charging a maximum of […] Read more
Home Energy Consumption In India to Triple By 2050, Says EIA Report Updated On Mon, Oct 16th, 2023 by Saurenergy The US Energy Information Administration (EIA), in its energy outlook report for 2023, has come out with a number of projections and scenarios that might surprise people. Not least of which is the attention to India, which the report projects, will become the world’s largest solar market by capacity additions, overtaking China and the US, […] Read more
At 268.7 MW, India’s Sept Solar Additions Lowest In 5 Years Updated On Mon, Oct 16th, 2023 by Saurenergy The latest installed capacity data from the Central Electricity Authority (CEA) shows that India could add only 268.77 Megawatt (MW) of new renewable energy capacities in September this year. An analysis of the older records by Saur Energy revealed that this was the lowest addition of green power in the month of September in the last […] Read more
PERC Researchers Win Prestigious Engineering Prize Updated On Fri, Oct 13th, 2023 by Saurenergy The 2023 Queen Elizabeth Prize for Engineering has been an occasion to celebrate four solar pioneers, who developed the widely used PERC technology that improved solar efficiency and supported a steep drop in costs over the past two decades. The four awardees– Professor Martin Green of UNSW, Professor Andrew Blakers of ANU, and Dr Aihua […] Read more
Megawatt Charging For Large EVs Could Keep Out Hydrogen Updated On Fri, Oct 13th, 2023 by Saurenergy The EV transition has picked pace, an area where Hydrogen has been considered viable in the transportation sector is the heavy vehicles space. At issue here is the charging time for the large battery packs heavy transportation vehicles would necessarily have, and the long distances and tight timelines they have to cover. A new report […] Read more
10% PV Installations Will Incorporate Storage Within a Decade: DNV Report Updated On Thu, Oct 12th, 2023 by Saurenergy DNV, an expert in assurance and risk management, has recently released its ‘Energy Transition Outlook, 2023’ report, focusing on the progress of solar photovoltaic (PV) technology. The report gives an overall trends stating that, in 2004 the annual solar installations were a modest 1 GW. However, by 2019, this figure skyrocketed to 100 GW despite […] Read more
Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000 Updated On Wed, Oct 11th, 2023 by Saurenergy Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […] Read more
RE Generators Selling Power At Power Exchanges Can Issue REC: CERC Updated On Wed, Oct 11th, 2023 by Saurenergy In its latest order, the Central Electricity Regulatory Commission (CERC) clarified that renewable energy generators are entitled to Renewable Energy Certificates (REC) if they sell their power under the conventional market contracts of power exchanges. The order came to the fore after Indian Energy Exchange Limited (IEX) moved the Commission seeking approval for the changes made […] Read more
