Energy Vault Gets $110 mn Investment From Softbank Vision Fund Updated On Sat, Aug 17th, 2019 by Saurenergy Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […] Read more
Suzlon Net Loss Trims Down to Rs 337 Crore in Last Quarter Updated On Fri, Aug 16th, 2019 by Saurenergy Suzlon Energy has revealed that its consolidated net loss narrowed to Rs 337 crore in the quarter, on account of lower expenses. Debt-laden Suzlon Energy has revealed in its latest financial results for the quarter ending June 30, 2019, that its consolidated net loss narrowed to Rs 336.88 crore in the quarter, on account of lower expenses. […] Read more
Renewable Energy Projects Accounted for 80% of all Energy Financing in 2018 Updated On Fri, Aug 16th, 2019 by Saurenergy A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in 2018 A new report has revealed that renewable energy projects took up a vast majority, nearly 80 percent, of the total energy financing in India last year, while financing for coal-fired power […] Read more
Solar Can Go Subsidy Free in China, Finds Study Updated On Wed, Aug 14th, 2019 by Saurenergy In a study that puts the incredible drop in solar prices in context, a study by researchers in China and Sweden has concluded that 344 prefecture level Chinese cities can afford to buy solar powered electricity at a price lower than the existing grid. The paper was published in Nature Energy, a British peer reviewed […] Read more
University of Birmingham and ISA Helping ‘Sun-Rich’ Farmers Updated On Wed, Aug 14th, 2019 by Saurenergy University of Birmingham and ISA are working to help farmers make the most of chilled food distribution systems powered by solar and solar-hybrid solutions. The University of Birmingham and the International Solar Alliance (ISA) have announced that they are working together to help farmers in ‘sun-rich’ countries make the most of chilled food distribution systems […] Read more
Eastern Railways Trials Passenger Train With Solar Roofs Updated On Wed, Aug 14th, 2019 by Saurenergy The Eastern Railways recently trialled a Diesel Electric Multiple Unit train with solar panels on its roof between Sahibgunj and Jamalpur in its Malda division In a landmark move the Eastern Railways recently trialled a Diesel Electric Multiple Unit (DEMU) train with solar panels on its roof between Sahibgunj and Jamalpur in its Malda division from […] Read more
Scientists Discover Key Factors in How Some Algae Harness Solar Energy Updated On Wed, Aug 14th, 2019 by Saurenergy Scientists have discovered how diatoms – a type of algae that produce 20 percent of the Earth’s oxygen – harness solar energy for photosynthesis. The Rutgers University-led discovery, published in the journal Proceedings of the National Academy of Sciences, could help lead to more efficient and affordable algae-based biofuels and combat climate change from fossil fuel burning. […] Read more
Neoen Bags Two Solar Projects Worth 108 MW in Europe Updated On Tue, Aug 13th, 2019 by Saurenergy Neoen has been awarded two solar projects in Portugal and France worth a total combined capacity of 108 MW. Neoen, one of the world’s leading and fastest-growing independent producers of exclusively renewable energy has announced that it has been awarded two solar projects in Portugal and France worth a total combined capacity of 108 MW. […] Read more
CARE Downgrades Outlook of 11 Telangana Solar Firms Updated On Tue, Aug 13th, 2019 by Saurenergy After CRISIL, Indian ratings agency CARE has downgraded the outlook of 11 solar companies in the wake of AP order to review PPAs. Care Ratings has revised its outlook to negative on the borrowing programs of 11 solar power producers. The agency did so due to delayed payment to the solar firms by distribution companies in Telangana […] Read more
