candi solar Secures $38 Million Investment Through Equity Updated On Mon, Jun 10th, 2024 by Saurenergy candi solar, a clean energy company specializing in solar power solutions for Commercial and Industrial (C&I) clients, successfully closed its Series C funding round. In this, the company secured $38 million in equity investment. The round was led by Norfund a Norwegian Investment Fund for developing countries, Kyuden International, and STOA. The equity capital investment […] Read more
SaurEnergy Explains- What’s the Stink Around Carbon Credits? Updated On Wed, Jun 5th, 2024 by Saurenergy On today’s episode of why we can’t have good things easily, carbon credits get to be in the limelight. Originally proposed in 1997 with the Kyoto Protocol as a way for companies to fund the development of renewable and carbon-offsetting projects, carbon credits utilize third party firms who sell carbon credits and use the money […] Read more
US Releases New Rule To Incentivise Clean Energy Production Under IRA Updated On Thu, May 30th, 2024 by Saurenergy The US Department of the Treasury and Internal Revenue Service (IRS) released proposed guidance on the Clean Electricity Production Credit and Clean Electricity Investment Credit under the Inflation Reduction Act (IRA). This guideline was established by President Biden’s Inflation Reduction Act (IRA), to provide clarity to developers of clean electricity projects. This guidance is expected […] Read more
5 Interesting Green Ventures That Have the US’s DOE Backing Them Updated On Thu, May 30th, 2024 by Saurenergy There’s a lot of promising green energy startups and concepts out there that end up getting shuttered because of a lack of funding. Whether the lack is because they failed to raise publicity or their ideas being too ahead for their time, there are a multitude of reasons as to why a perfectly good idea […] Read more
Hitachi Energy To Build HVDC Link To Connect Tasmania To Mainland Grid In Australia Updated On Tue, May 28th, 2024 by Saurenergy Marinus Link Pty Ltd (MLPL) has selected Hitachi Energy to supply a high-voltage direct current (HVDC) project, which will augment the connection between mainland Australia and Tasmania’s grid. The approximately 345-kilometer cable route HVDC system will enable the flow of renewable power in both directions between the Victorian and Tasmanian states. For the first time […] Read more
Hitachi’s Transmission Project Stabilizes RE Supply To Australian Power Grid Updated On Fri, May 24th, 2024 by Saurenergy Switzerland-based Hitachi Energy was recently selected by Marinus Link Pty Ltd (MLPL), jointly owned by the Australian, Tasmanian, and Victorian governments to supply a high-voltage direct current (HVDC) project. This project is expected to augment the connection between mainland Australia and Tasmania’s grid. The transmission project is an approximately 345-kilometer cable route HVDC system and […] Read more
Solar Decathlon India 2023-24 Challenge Winners Announced Updated On Mon, May 20th, 2024 by Saurenergy Solar Decathlon India (SDI), aimed at building the next generation of leaders to combat climate change in India, is an annual student competition for undergraduate and postgraduate students from Indian academic institutions to develop innovative, net-zero energy-water and climate-resilient solutions for the building sector in India. The final event was held at Infosys’ campus in […] Read more
With The Rise Of RE, India’s New Coal Capacity Sees Record Drop: Report Updated On Wed, May 15th, 2024 by Saurenergy A latest report by the Institute for Energy Economics and Financial Analysis (IEEFA) said that renewable energy accounted for 71.5% of the record 13,669 megawatts (MW) power generation capacity added by India in the first quarter (Jan-Mar) of this year (2024), while coal’s share (including lignite) of total power capacity dropped below 50% for the first […] Read more
Honda Opens New R&D Facility In Bengaluru Updated On Thu, May 9th, 2024 by Saurenergy Japan-based Honda recently opened its new solution Honda R&D (India) (HRID) research and development (R&D) center in Bengaluru, Karnataka. The company HRID is a subsidiary of Honda Motor Co., Ltd. and functions as Honda’s research and development arm for motorcycles and power products in India. By setting up its recent plant in India, the company aims to achieve its […] Read more