Solar Startup Ellipsol Raises Rs 2.5 cr Seed Funding Updated On Tue, Sep 5th, 2023 by Saurenergy Ellipsol, a next-generation solar company developing path-breaking solar energy solutions, has raised rupees 2.5 crore in a seed funding round led by Capital A. The funding round also saw the participation of the Grand Anicut Fund. Other individuals also contributed to the funding round. Ellipsol’s site, that is yet to open formally, promises 2X the […] Read more
Largest Procurement Effort for US Community Solar as Nexamp Orders 1.5 GW Solar Modules Updated On Fri, Sep 1st, 2023 by Saurenergy In what is touted as the largest procurement initiative for community solar in US, Boston’s community solar developer, Nexamp, has placed an order worth 1.5 GW of solar modules from Heliene, a manufacturer of solar photovoltaic modules in American and Canadian facilities “A solar order of this size is without precedent and comes at a […] Read more
Solar Startup Zunroof Struggles To Deliver On Promise Updated On Fri, Aug 25th, 2023 by Saurenergy There were plenty of rooftop solar companies raising capital during the 2016-19 period. However, the fund inflow in such startups slowed down gradually and only a handful of them are in serious business. In fact, recent funding rounds for firms like Solar Square have been built around funding their customers. One early pre-2020 startup is […] Read more
Lack of Logistics Support Major Hurdle for EV Market Growth in Africa: UNCTAD Updated On Fri, Aug 18th, 2023 by Saurenergy A recent report released by the United Nations Conference on Trade and Development (UNCTAD) suggests that Africa’s critical mineral industry can help manufacturers looking to diversify their supply chain. It can power their EV market and add value to their global supply chain. The report places the continent in the fifth position on the world’s […] Read more
IRA Has Turbo Charged American Solar Manufacturing-SEIA Updated On Wed, Aug 16th, 2023 by Saurenergy The Solar Energy Industry Association (SEIA), an Industry Association Body of US has released a Solar Market Outlook Report. It is interesting to see how the SEIA, till recently an advocate of solar developers and cheap imports from China, has changed tack to celebrate the impending manufacturing boom in the US. The report, more a […] Read more
Advanced Chemistry Battery Market Demand in India Expected to Grow to 220 GWh by 2030 Updated On Mon, Aug 14th, 2023 by Saurenergy The Confederation of Indian Industries (CII) has released a report entitled ‘Raw Materials for Battery & Component Manufacturing’. The report delves into the following aspects of the Indian battery and component manufacturing industry- The Speedbreakers to EV Industry Growth The report highlights the significant need for localisation of the EV ecosystem in India, as well […] Read more
DEWA Picks Masdar to Manage 1.8GW Mohammed bin Rashid Al Maktoum Solar Park Phase 6 Updated On Mon, Aug 14th, 2023 by Saurenergy Dubai Electricity and Water Authority (DEWA) has selected the state-owned renewable energy firm Masdar for the construction and management of the 1,800-megawatt (MW) phase 6 of the Mohammed bin Rashid Al Maktoum Solar Park. Reportedly, Saeed Mohammed Al-Tayer, DEWA’s managing director and CEO made the announcement. The project will be built at an estimated cost […] Read more
ACEN Inks RECAU Agreement with Laguna Lake Development Authority in Philippines Updated On Fri, Aug 11th, 2023 by Saurenergy Makati-based ACEN, through its subsidiary companies, entered into a significant Renewable Energy Contract Area Utilization (RECAU) agreement with the Laguna Lake Development Authority (LLDA) in the Philippines. The purpose of this agreement is to secure the lease of 800 hectares of Renewable Energy Areas (REAs) located in Laguna. This pivotal arrangement signifies ACEN’s commitment to […] Read more
7 Top Automakers In JV to Accelerate Electric Vehicle Charging in North America Updated On Wed, Aug 9th, 2023 by Saurenergy Seven prominent global automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, and Stellantis NV – are forming a joint venture (JV) to expedite the shift to electric vehicle in North America, to enhance the convenience, accessibility, and reliability of EV charging. The joint venture will encompass the creation of a new high-powered […] Read more
