SEIA Envisions To Install 700 GWh ESS Across US By 2030 Updated On Thu, Jan 30th, 2025 by Saurenergy US solar body Solar Energy Industries Association (SEIA) has unveiled a target for the U.S. to deploy 10 million distributed storage installations and reach 700 gigawatt-hours (GWh). These targets are part of a new whitepaper that analyzes the economic and energy security imperative of the storage sector. SEIA has also set sub-targets for residential, community, […] Read more
As India Goes Past 100 GW Solar Milestone, No Time To Rest Updated On Wed, Jan 29th, 2025 by Saurenergy If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […] Read more
Green Stocks Jan 28: Big Losses Outweigh Small Gains For Green Stocks Updated On Tue, Jan 28th, 2025 by Saurenergy On a day of immense volatility, green energy stocks failed to arrest the decline seen in the recent past, with losers outnumbering gainers by a margin. Where stocks did manage to stay in the green today, like NTPC Green or Waaree RTL, it was only after steep falls from their recent prices. In the case […] Read more
Enfinity Global Gets 2 GW Connectivity For Solar, Wind Projects In India Updated On Tue, Jan 28th, 2025 by Saurenergy The US-based renewable energy and sustainability services company Enfinity Global, recently secured connectivity for 2 GW of utility-scale solar PV and wind projects. The company secured the project in Rajasthan, Uttar Pradesh, Maharashtra, and Karnataka in India. This strategic development represents a key for the firm to expand its renewable energy portfolio in India. The […] Read more
Budget 2025: Green Firms Seek Support For Wafer, Ingot Production Updated On Mon, Jan 27th, 2025 by Saurenergy As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […] Read more
Avaada Closes Financing For 9 of Its Diverse RE Projects In Q3FY25 Updated On Wed, Jan 22nd, 2025 by Saurenergy Avaada Group, a company operating in India’s renewable energy landscape, has successfully completed financing/refinancing of nine of its projects across the business divisions totaling for an amount of INR 8500 Crs (~USD 1 Bn). The transactions include a mix of Utility scale IPP projects, large-scale Agri Photovoltaic projects, Merchant power generation projects, C&I projects and […] Read more
CleanMax Announces Financing For Onsite Solar Projects in UAE Updated On Wed, Jan 22nd, 2025 by Saurenergy Renewable energy company CleanMax today announced that it will obtain AED 99 Million (USD 27 Million) long-term credit facility from HSBC to develop and finance its onsite solar portfolio in the UAE. Cleanmax is a renewable energy provider for the Commercial and Industrial (C&I) sector and a Brookfield-backed company. The facility will cover 92 onsite […] Read more
H2, Inc. Secures $16mn Funding to Expand Flow Battery Manufacturing Updated On Wed, Jan 22nd, 2025 by Saurenergy H2, Inc., a Vanadium Flow Battery (VFB) developer and manufacturer headquartered in South Korea, successfully raised $16 million in recent bridge funding, finalized in the second half of 2024. This brings the company’s total accumulated funding to $77 million. The round was led by STIC Investments, one of the largest and leading private equity firms in Korea, with […] Read more
NTPC Floats JV To Boost Solar Projects In Sri Lanka Updated On Tue, Jan 21st, 2025 by Saurenergy Indian power behemoth National Thermal Power Corporation (NTPC) recently formed a joint venture with the Ceylon Electricity Board (CEB) and Trincomalee Power Company Limited (TPCL). It’s a 50:50 joint venture (JV) company NTPC-CEB is registered in Sri Lanka. It aims to develop a 50 MW solar project, expandable to 120 MW, in Sampoor, Trincomalee, Sri […] Read more
