Span Raises $10.2 Mn in Series A Round from Investors Updated On Tue, May 12th, 2020 by Saurenergy With an aim to boost its expansion plan, California-based Span.IO, Inc. has announced the raising of USD 10.2 million in Series A round of funding from investors. Further, this Series A round was led by ArcTern Ventures and joined by Capricorn Investment Group, Incite Ventures, along with existing investors including Congruent Ventures, Energy Foundry, Hardware […] Read more
CIT Leads $217 Mn Financing for 200 MW Solar Project in Ohio Updated On Tue, May 12th, 2020 by Saurenergy The CIT group’s Power and Energy unit served as lead arranger on a USD 217 million financing for the 200 MW Hillcrest solar PV project in Brown County, Ohio The CIT group has announced that its Power and Energy unit served as lead arranger on a USD 217 million financing for the 200-megawatt (MW) Hillcrest solar photovoltaic project in Brown County, Ohio. The financing was […] Read more
Vestas Breaks Record, Installs Over 10GW Wind Turbines in 2019: WoodMac Updated On Mon, May 11th, 2020 by Saurenergy Danish wind turbine maker Vestas has now become the first wind turbine manufacturer to install over 10 GW of wind capacity in a single year in 2019, as said by the global energy research & consultancy firm. The Denmark-headquartered OEM’s grid-connected capacity of 11.3 GW in 2019 is an increase of 1.5 GW on 2018, […] Read more
ARENA to Support BP Study to Scale Renewable Hydrogen in Australia Updated On Mon, May 11th, 2020 by Saurenergy ARENA has announced AUD 1.71 million in funding to BP Australia to assess the feasibility of building a renewable hydrogen facility in Western Australia. On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced AUD 1.71 million in funding to BP Australia Pty Ltd (BP Australia) to assess the feasibility of […] Read more
Domestic Solar Manufacturing Could Benefit From Pandemic Updated On Mon, May 11th, 2020 by Saurenergy Supply disruption from China and the decline in domestic solar capacity addition due to the pandemic offers a golden opportunity to local solar manufacturing The supply disruption from China due to the COVID-19 pandemic and subsequent decline in domestic solar capacity addition offers a golden opportunity to ramp up local manufacturing of solar modules and […] Read more
Carbon Neutrality in Mobility: Is it possible? Updated On Fri, May 8th, 2020 by Saurenergy India is the third-largest emitter of greenhouse gases (GHGs) in the world after China and the US. To move towards carbon neutrality, being energy efficient is crucial. Economic growth is propelled by rapid urbanization and industrialization and manufacturing accounts for around onethird of global carbon dioxide emissions. Carbon emissions have increased threefold since the ‘70s. […] Read more
GoodWe Tops Among Global Hybrid Inverter Suppliers in 2019: Report Updated On Fri, May 8th, 2020 by Saurenergy With more than 15 percent global market share, a leading solar photovoltaic (PV) inverter manufacturer, GoodWe ranked No.1 among hybrid inverter suppliers globally, as per the global energy research & consultancy firm. According to the report published by Wood Mackenzie, or WoodMac, titled ‘Global PV Inverter Market Shares Full-Year 2019’, GoodWe has been ranked no. […] Read more
Uber Leads $170 Mn Investment in Electric Scooter Rental Firm Lime Updated On Fri, May 8th, 2020 by Saurenergy Electric scooter and bike-sharing firm Lime has announced that it has raised USD 170 million in an investment round led by Uber and Alphabet Electric scooter and bike-sharing firm Lime has announced that it has raised USD 170 million in an investment round led by Uber. Other investors include Alphabet, its venture capital arm GV, […] Read more
India Inc Suggests on Proposed Electricity Amendments; Appreciates Govt’s Effort Updated On Wed, May 6th, 2020 by Saurenergy Solar industry captains have broadly welcomed the Narendra Modi government’s proposed amendments to the Electricity Act, 2003, as it has tried to offer solutions for many lingering issues of the ailing power sector. In line with this, industry stakeholders believed that if new proposed amendments along with suggestions from the India Inc, implemented properly then […] Read more
