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Solar Rooftop Developer Freyr Energy Secures INR 54 Crore Equity Investment

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 […]

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Home Energy Consumption In India to Triple By 2050, Says EIA Report

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, […]

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Space-Based Solar Power Expects Growth At a CAGR of 8.0%: Report

Polaris, a research organisation, released a market report on the solar space-based solar power. The report expects market growth to grow at a Compound annual growth rate (CAGR) of 8.0 percent. This is expected to be achieved during the forecast period, 2023 – 2032. This research places importance on the use of solar-powered satellites to […]

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Solis Touched 1 GW Of Capacity In Indian Utility Sector: Honey Raza

Inverter brand Solis claims to have expanded its reach in the Indian utility-scale renewable projects. It is in addition to its outreach in the Indian rooftop segment. In a recent interview with Saur Energy, Honey Raza, Business Director of Solis, said that the firm has almost touched 1 Gigawatt (GW) of capacities in the utility-scale and is […]

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PERC Researchers Win Prestigious Engineering Prize

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 […]

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Megawatt Charging For Large EVs Could Keep Out Hydrogen

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 […]

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GameChange Solar Bags 560 MW Project In Egypt

GameChange Solar, a global provider of solar rack solutions, has announced that it has signed a contract with CEEC-ZTPC, an engineering, procurement and construction (“EPC”) company headquartered in China with energy development projects in several countries. GameChange will supply solar tracker systems to support a 560 MW solar project in Egypt. The agreement signed between […]

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143 Countries Are Net Importers of Fuels Globally: Report

The United Nations Trade and Development (UNCTAD) in a conference recently unveiled a report on commodities and shared an update on its role in the development of emerging nations. This report sought to evaluate factors that bolster the adoption of eco-friendly industrial policies in developing countries reliant on commodities. It further expounds on UNCTAD’s mission, […]

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India Requires $350-400bn For Its Clean Energy Ambitions: Report

A latest KPMG report said India would require around USD 350-400 billion annually by 2047 for its clean energy ambitions. The report was released recently under the presence of Union Minister Hardeep Singh Puri in New Delhi. The report said the need for high-speed and large-scale energy transition offered investment opportunities. It said climate change […]

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