PGVCL Allocates 479 MW Capacity Solar Projects Under PM KUSUM-C Updated On Thu, May 23rd, 2024 by Saurenergy Paschim Gujarat Vij Company Ltd has allocated 479 MW solar projects to several developers under component C of the PM Kusum programme. The awarded projects are expected to be operational by the end of December 2024. The highest capacity was allocated to Onix Renewable followed by Indian Infrastructure and Project India. The tariffs that were […] Read more
ProsParity Raises $2 Mn Pre-Seed EV Fund From Global Investors Updated On Thu, May 23rd, 2024 by Saurenergy ProsParity, a fintech platform involved in the distribution of credit in the electric mobility sector, has raised a $2 million pre-seed funding round from global institutional investors. These financial investors are BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle Ventures. BEENEXT is a Venture Capital fund managed by serial entrepreneurs ProsParity is an end-to-end electric […] Read more
Soleos Solar Energy Secures Rs 48.5 Crore Renewable Energy Funding Updated On Thu, May 23rd, 2024 by Saurenergy Soleos Solar Energy has announced that it has raised Rs 48.5 crore for portfolio development and working capital for the renewable energy business. According to a release from Soleos Solar Energy, participants in the investment round included Faruk G Patel, CMD of KP Group, Pawan Agarwal, Head of PCG at InCred Capital, Madhuri Madhu Kela, […] Read more
News Briefs May 22 – KKR Funds Origis Energy, Motovolt, Cleanleaf Energy Updated On Wed, May 22nd, 2024 by Saurenergy Cleanleaf Energy Secures O&M Contracts for 350 MW Solar Projects in Georgia and Pennsylvania New agreements to supply operations and maintenance (O&M) services for utility-scale solar projects totaling 350 MW in Georgia and Pennsylvania have been announced by Cleanleaf Energy, formerly known as Borrego O&M. Heelstone Renewable Energy is the owner of these projects, which […] Read more
How US Import Barrier On Chinese Solar Cells Can Change Trade Game? Updated On Wed, May 22nd, 2024 by Saurenergy The recent trade barriers imposed by the United States (US) against the imports of Chinese solar equipment like solar cells has triggered speculations on the overall global trades of clean energy equipment. The Joe Biden led government recently triggered a new controversy by increasing the imports tariffs for solar cells for upto 50 percent and […] Read more
Global EV Market To Grow By $343 Billion In Next 4 Years: Report Updated On Wed, May 22nd, 2024 by Saurenergy The global electric vehicle (EV) market size is estimated to grow by USD 343.01 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 13.51% during the forecast period. The rise in concern over emissions from fossil fuel vehicles has spurred a surge in demand for low-emission and fuel-efficient […] Read more
Orb Energy Launches 35 MW Solar Park In Karnataka Updated On Wed, May 22nd, 2024 by Saurenergy Orb Energy has launched a 35 MW (DC) ground-mounted solar park in Arsikere in the Hassan district, a significant player in the Indian solar power business, the firm announced on Tuesday. This 110-acre solar park, which produces 5.24 crore units of green power annually and offsets 45,000 tons of carbon dioxide, was built especially to […] Read more
AI’s Growing Energy Footprint: The Hidden Cost of Our Digital Future Updated On Wed, May 22nd, 2024 by Saurenergy It’s time to talk about Artificial Intelligence (AI), and its possible impact on the environment. Convenient as it may be, AI is an energy hog. A single ChatGPT query requires 2.9 watt-hours of electricity, compared with 0.3 watt-hours for a Google search, according to the International Energy Agency. At present, data centers worldwide consume 1-2% […] Read more
Five Solar Startups Using AI To Make An Impact Updated On Tue, May 21st, 2024 by Saurenergy If tech in the 2020s had to be defined by a phrase, it’d be Artificial Intelligence or AI. With every product nowadays coming out with some form of AI, it’s not surprising to see AI make its way to solar as well. In particular, startups have been at the forefront of the AI revolution for […] Read more
