Swift Solar Announces $27 Million Series A Funding Round Updated On Thu, Jun 13th, 2024 by Saurenergy Swift Solar, an American solar technology company has announced the close of its $27 million Series A financing round. This milestone is a major step forward for U.S. manufacturing of advanced perovskite solar technology. The round was co-led by Eni Next and Fontinalis Partners. Eni Next, the corporate venture capital arm of Eni, invests in […] Read more
Repsol Signs RE Purchase Agreement with Microsoft Updated On Wed, Jun 12th, 2024 by Saurenergy Repsol will supply Microsoft renewable electricity after reaching an agreement for a combined six long-term virtual power purchase agreements (VPPAs). These 12-year supply agreements are linked to three wind farms and three solar plants in Spain with a total installed capacity of 230 MW that will be operational by December 2025. This deal adds to existing power […] Read more
Manohar Lal Khattar Takes Charge Of Ministry Of Power Updated On Tue, Jun 11th, 2024 by Saurenergy Newly-inducted Union Cabinet Minister Manohar Lal today took charge as the Union Minister for Power. This is in addition to his existing portfolio of Minister of Housing and Urban Affairs. He took charge of the ministry at Shram Shakti Bhawan today. Secretary, Ministry of Power, Pankaj Agarwal, along with the senior officials of ministry welcomed […] Read more
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
India Expected To Spend $385 Bn To Reach RE Target: Moody’s Updated On Fri, Jun 7th, 2024 by Saurenergy Moody’s Ratings, a bond credit rating business of Moody’s Corporation, in its recent report, highlighted that India is expected to invest $385 billion to meet its target of 500 gigawatts (GW) of renewable energy by 2030. But coal will remain a key source of electricity generation for the next decade, said Moody’s Ratings. India, one […] Read more
IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024 Updated On Thu, Jun 6th, 2024 by Saurenergy The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […] Read more
How QCell Can Make Solar Module Production Sustainable? Updated On Thu, Jun 6th, 2024 by Saurenergy Solar energy is considered as one of the cleanest sources of energy and one of the most commercially viable technologies. In India, out of the 144 GW of renewable energy capacity (excluding large hydro), 57 percent (82 GW) comes from solar energy alone. The generation of solar energy primarily depends on the solar panels. However, […] Read more
Manager – Product Management Updated On Thu, Jun 6th, 2024 by Saurenergy Responsibilities Product Strategy and Roadmap: Develop and execute a comprehensive product strategy and roadmap for renewable energy products, aligned with business objectives and market trends. Overall Product Management: Benchmark, Cost, Price, Reliability , Performance , Warranty , Generation, LCOE of projects w.r.t Module performance. Assess the Market Demand for each Product Variant. Market Research and […] Read more
REC Prices At Power Exchanges Take A Dip After Tweak In Rules Updated On Wed, Jun 5th, 2024 by Saurenergy With a tweak in the regulations related to Renewable Energy Certificates (RECs), the Indian Power Exchanges has seen its increased trading. The domestic power exchanges like IEX claimed that with an increase in its trading, the prices of the same have shrunk. The top management of IEX in its recent investors call told its investors […] Read more