Pexapark Infused with Funding Worth €20m in Series C Round Updated On Tue, Sep 26th, 2023 by Saurenergy Pexapark, a Switzerland-based firm that helps make PPAs for renewables, has been injected with funding worth €20m in Series C round. The fresh funding round was led by Telstra Ventures, a global investor in technology. It also saw participation from Swisscom Ventures and the A&G Energy Transition Tech Fund. “This fresh injection of capital takes […] Read more
Solar Power Costs Dipped 87% Globally In Last 10 Years: Study Updated On Tue, Sep 26th, 2023 by Saurenergy A recent report by the Mercator Research Institute on Global Commons and Climate Change claimed that the cost of electricity from solar power globally has fallen by 87 percent in the last 10 years. At the same time, the cost of battery storage plummeted by 85 percent during the same period. The recent innovation in […] Read more
Haryana Issues Norms To Award Entities Opting For Solar Power Updated On Mon, Sep 25th, 2023 by Saurenergy The Haryana Renewable Energy Development Agency (HREDA) has now issued detailed guidelines to award institutions that use solar power or undertake energy efficiency measures to reduce carbon emissions. These awards have been planned for the industries and MSME sector having loads below 1 MW capacity and those above 1 MW capacity. The department has also planned these […] Read more
Enfinity Global Acquires 546-MW Of Solar Assets Updated On Fri, Sep 22nd, 2023 by Saurenergy American renewable energy conglomerate Enfinity Global has announced the acquisition of 546 MW of solar assets in Colorado. The solar assets are currently under development by CS Energy. As per the official statement issued by Enfinity Global, the acquisition portfolio consists of three solar projects developed in Colorado, an attractive solar market mandating 100% renewable […] Read more
RE+ Las Vegas- Solar Shines Brightest In the US Updated On Tue, Sep 19th, 2023 by Saurenergy At the recently concluded RE+ show in the US, the largest such show for renewable energy, particularly solar in that country, the response was massive. That is understandable, considering the fact that the US is well on its way to having a blockbuster 2023 in terms of new solar capacity additions. 32 GW is set […] Read more
Rajasthan Sees Fossil Contribution Shrink For 4 Consecutive Months Updated On Mon, Sep 18th, 2023 by Saurenergy New data from global energy think tank Ember reveals that the share of fossil fuels in Rajasthan’s power generation mix has hit record-low levels at 50 percent from April to July this year. It is the first time that the lowest level was sustained for over a quarter of the year. Fossil fuels generated 34 […] Read more
SolarEdge Brings Latest Offering 330kW Inverter & Optimiser to Market Updated On Thu, Sep 14th, 2023 by Saurenergy Israel-based firm that delves into manufacturing solar inverters, SolarEdge has introduced a 330kW inverter, its latest offering along with a “complementing” H1300 power optimiser. The products are designed in a way that they can be installed on small- to medium-scale ground-mount arrays. The firm adds that the innovation is primarily for use in community solar […] Read more
Serentica Secures INR 2600 Cr Funding from PFC for Green Projects Updated On Thu, Sep 14th, 2023 by Saurenergy Vedanta backed Serentica Renewables, a C&I focused renewable energy developer, has announced that it has achieved financial closure for its upcoming hybrid renewable energy projects in Karnataka. The firm has secured the entire debt funding of INR 2600 crores from one of India’s largest power sector lenders, Power Finance Corporation Limited (PFC Ltd.). To ensure […] Read more
Solar Grade Nitric Acid Exemplifies Innovation & Progress in India’s Solar Sector Updated On Wed, Sep 13th, 2023 by Saurenergy In recent years, India has become a major player in the global solar energy scenario. By February 2023, the country had an impressive total renewable energy capacity of 168.96 gigawatts (GW), including 64.38 GW from solar power. However, to meet the 2030 goal of reaching 280 GW in solar capacity, India needs to add about […] Read more
