Mosaic Announces $1.5 Bn Loan Purchase Program for Residential Solar Projects Updated On Mon, Apr 26th, 2021 by Saurenergy Mosaic, the leading financing platform for U.S. residential solar and energy-efficient home improvement projects, today announced an additional multi-year loan purchase program for approximately $1.5 billion with a leading global investment firm. This investment builds on a separate $1.5 billion, multi-year loan purchase program with Congressional Bank announced by Mosaic on April 14. This gives Mosaic access […] Read more
EIB Backs €2 Bn Investment to Scale up use of Renewable Energy Updated On Mon, Apr 26th, 2021 by Saurenergy EIB has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport. The European Investment Bank (EIB) has announced that it has approved new financing of EUR 3.4 billion to accelerate the shift towards renewable energy and sustainable transport, corporate innovation, improved housing, education and communications. Of which, […] Read more
New Deadline for OE Services Related to Solar & Storage Project in Chhattisgarh Updated On Mon, Apr 26th, 2021 by Saurenergy The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for the selection of consultancy firms for Owners Engineer (OE) services for the 100 MW (AC) solar PV project (160 MWp DC capacity) along with 40 MW/120 MWh Battery Energy Storage System (BESS) at district Rajnandgaon, Chhattisgarh during the design, construction, commissioning and preparations […] Read more
German Govt to Expand Capacity in Solar & Wind Power Auctions Updated On Sat, Apr 24th, 2021 by Saurenergy The German government, led by Angela Merkel, has said that it will expand the energy capacity tendered in renewable power project auctions to help decarbonise electricity, and will relieve the burden on consumers by reducing a fee charged to support wind and solar operators. While renewable sources hold a 50% stake in the power mix […] Read more
Solar Startup Greenland Plans 5 GW PV Mfg Plant in Spain Updated On Thu, Apr 22nd, 2021 by Saurenergy Spanish startup Greenland is partnering with Fraunhofer Institute for Solar Energy Systems (ISE) and Bosch Rexroth to set up a 5GW vertically integrated solar module factory in Spain, which will be built and operated in the free trade zone of the port of Seville in Andalusia. Fraunhofer ISE, the research institute, will contribute in the capacity of […] Read more
Freyr Energy Raises ₹18 Crore Investment from C4D, Total and Schneider Updated On Thu, Apr 22nd, 2021 by Saurenergy Freyr Energy, a solar rooftop company based in Hyderabad, announced yesterday that it has secured an equity investment of Rs 18 crore from Total Carbon Neutrality Ventures, Schneider Electric Energy Access Asia and C4D Partners. The company works towards providing technology solutions to help homeowners and MSMEs transition to solar. Saurabh Marda, Managing Director of […] Read more
Wind Energy Could Go The Solar Way With Huge Cost Reductions by 2050 Updated On Mon, Apr 19th, 2021 by Saurenergy After a decade when it has been left playing catch up with Solar, thanks to the swift reduction in costs seen with Solar, Wind energy might yet see better days, as costs come down further. According to an article published in the journal Nature Energy, a recent global survey of 140 wind energy experts conducted […] Read more
European Hydrogen Plans Expand, With 40,000 Km Pipeline Network by 2040 Updated On Mon, Apr 19th, 2021 by Saurenergy Industry association European Hydrogen Backbone (EHB) has recently updated its vision for a dedicated hydrogen transport infrastructure across Europe, now proposing to build an 11,600 km (which was 6,800 km last year) hydrogen transportation network by 2030, which would come up to 39,700 km (as opposed to 23,000 km estimated last year) by 2040, aiming to […] Read more
Three Wheels United Partners With Porter to Help Auto Drivers Shift to EV Updated On Fri, Apr 16th, 2021 by Saurenergy Three Wheels United (TWU), a Bengaluru based tech-enabled financier of light electric vehicles, announced today that it has ventured into the cargo segment through a partnership with Porter, a leading intra-city logistics company based in Delhi. Through this partnership, the firm will facilitate loans for partner drivers of Porter to easily switch from conventional cargo […] Read more
