Is Solar Trumping Wind, Again? Updated On Fri, Oct 27th, 2023 by Saurenergy Between 2017 and 2021, you wouldn’t be blamed if you thought the whole burden of adding renewable energy capacity had fallen on solar energy. Thus, even as wind turbine capacities were going up, actual wind capacity deployment, particularly onshore wind, was slumping, leaving in its wake a slew of firms struggling to survive. Dominated by […] Read more
Electric Bus Maker PMI Raises Rs 250cr To Boost Green Mobility Updated On Thu, Oct 26th, 2023 by Saurenergy Indian Electric Bus Maker PMI Electro Mobility has now raised Rs 250 crore investment from Piramal Alternatives. The move will likely help the electric mobility player boost green mobility in the country. The financial partner-Piramal Alternative announced the move. “We’re happy to announce that PMI Electro Mobility has secured INR 250 Cr investment from the […] Read more
Solar Accounted For 60% Of New Generation Capacity In Last 5 Years: IEA Updated On Wed, Oct 25th, 2023 by Saurenergy The International Energy Agency (IEA) report titled “World Energy Outlook”, shares an update on India’s initiative to build energy security and reduce greenhouse gas emissions. The report states that recent events, such as rising heatwaves and other extreme weather events, have not caused a significant increase in greenhouse gas emissions. It further adds that it […] Read more
Husk Power Secures $100+ Million in Equity and Debt To Boost Growth Updated On Wed, Oct 25th, 2023 by Saurenergy Husk Power Systems has now announced closing $43 million in Series D funding. It said that it is the largest-ever equity raise in the minigrid industry. The funding, the firm said, would bolster Husk’s position as the leader in electrifying communities in rural Sub-Saharan Africa and South Asia with an Artificial Intelligence-enabled platform of renewable […] Read more
Solar the Star In Volatile Australian Electricity Market Updated On Mon, Oct 23rd, 2023 by Saurenergy As per a release from Rystad Energy Research, Australia’s power market has emerged as the most volatile in the world as unexpected losses of supply from unplanned coal generation outages and transmission line issues related to natural disasters lead to huge price fluctuations. However, in all these, solar has emerged as the star, helping keep […] Read more
Shakti Pumps Empaneled For 50,000 Solar Pumps In Maharashtra Updated On Fri, Oct 20th, 2023 by Saurenergy Pithampur, Madhya Pradesh-based Shakti Pumps, a leader in solar pumping solutions, announced that it has received Letter of Empanelment from Maharashtra State Electricity Distribution Company Limited (MSEDCL), for 50,000 Off-Grid Solar Photovoltaic Water Pumping Systems (SPWPS) pumps for the entire state of Maharashtra under Component-B of PM-KUSUM scheme (Phase-III). The total value of the 50,000 […] Read more
India and US Are Major Drivers Of Utility-Scale Solar Power: ISA Updated On Fri, Oct 20th, 2023 by Saurenergy The International Solar Alliance (ISA) recently released a report titled ‘World Solar Market Report’. It talks about the overall global scenario in the solar energy sector. The report placed India as one of the new undisputed leaders in global solar energy deployment. The report mentions that the global solar PV deployment had been primarily driven […] Read more
Qcells America Completes 2 GW Plant Expansion In US Updated On Thu, Oct 19th, 2023 by Saurenergy Qcells, the clean energy solutions provider, has announced the successful completion of its Dalton, Georgia, factory expansion. Qcells added 2 gigawatts (GW) of solar capacity to Dalton, bringing the full factory’s output to more than 5.1 GW. The firms claims that the Qcells Dalton factory is the largest manufacturing plant of its kind in the Western […] Read more
Slowly And Steadily, Battery Storage Builds Up To Make The Renewables Case Stronger Updated On Thu, Oct 19th, 2023 by Saurenergy The announcement by Plus Power LLC of $1.8 billion in new financing for standalone battery storage, including the largest single such project financing to date, to help stabilize the U.S. electrical grid while incorporating more solar and wind energy should be welcomed. The news comes at a time when detractors have been challenging the relevance […] Read more
