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
Duke Energy Offers RECs For Residential, Small Biz in Florida Updated On Wed, Aug 23rd, 2023 by Saurenergy American energy company Duke Energy Florida has announced ‘Clean Energy Impact’, its newest renewable energy certificates (RECs) programme. These renewable certificates are now available to customers looking to achieve their sustainability goals and support local renewable energy. The company’s latest product is available for residential, small and medium business customers in Duke Energy’s Florida service […] Read more
Godawari Electric Motors Ventures into EV Two-Wheeler Segment Updated On Tue, Aug 22nd, 2023 by Saurenergy Godawari Electric Motors, manufacturers of the Eblu range of electric two and three-wheelers, today announced the launch of family e-scooter, Eblu Feo. This is the first product from the company in the EV two-wheeler segment in India. The pre-bookings for Eblu Feo commenced on August 15, 2023 and the deliveries will start from August 23, […] Read more
IREDA In MoU With Revenue Target of ₹4,350 Cr for 2023-24 Updated On Mon, Aug 21st, 2023 by Saurenergy The Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, has signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy, Government of India. The MoU, in alignment with guidelines issued by Department of Public Enterprises, […] Read more
Norway’s NorSun Eyes Expansion to 5 GW for US Solar Factory with US$8.5 Million Funding Updated On Fri, Aug 18th, 2023 by Saurenergy Oslo-based NorSun, which makes solar wafers, has pocketed NOK 90 million (USD 8.7m/EUR 7.9m) in equity financing. The freshly injected capital will aid its capacity expansion plans in Europe and other countries. This also entails the firm’s ambition to establish a 5 GW production facility in the US. The firm has also set sights on […] Read more
US Energy Firm Origis Energy Raises $750 Million For Solar, Storage Plans Updated On Thu, Aug 17th, 2023 by Saurenergy Origis Energy, one of America’s leading renewable energy platforms, announced on Aug 16 that it has closed a $750 million construction warehouse funding facility. The facility will fund large scale solar and energy storage project construction totaling approximately 2 gigawatts (GW) across 15 states over the next three years. The move follows the announcement of […] Read more
Heat Battery Storage Firm Rondo Energy Secures $60 Million Funding Updated On Thu, Aug 17th, 2023 by Saurenergy Rondo Energy, a leading provider of zero-carbon industrial heat and power, has raised $60 million in a new financing planned to speed the rollout of Rondo Heat Batteries (RHBs) worldwide and to transform the global energy storage market. The financing brings together funding from current Rondo investors Breakthrough Energy Ventures, Energy Impact Partners, SCG, and TITAN, industrial […] Read more
IREDA Reports Net NPA Reduction, Profit Jump In Q1 Fy24 Updated On Wed, Aug 16th, 2023 by Saurenergy Indian Renewable Energy Development Agency Ltd. (IREDA), a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has reported an all-time high Quarterly Profit After Tax (PAT) of Rs. 295 crores and Profit Before Tax (PBT) of Rs. 440 crores in the 1st Quarter […] Read more
Masen Initiates Prequalification Tender for Third Phase of Solar Power Project in Atlas Mountains Updated On Fri, Aug 11th, 2023 by Saurenergy Morocco’s renewable energy agency, Masen, has kickstarted a prequalification tender for the third phase of a solar power venture. The project is situated in the Atlas mountains. Developers are required to submit prequalification documents by October 20th, with the objective of financing, constructing, and operating the 400 megawatt (MW) Noor Midelt III project utilizing photovoltaic […] Read more
