Waaree Energies Raises INR 1000 Crore in Second Round of Funding Led by ValueQuest Updated On Mon, Aug 7th, 2023 by Saurenergy Waaree Energies Limited (WEL), India’s largest solar module maker right now, has successfully raised a round of equity funding, amounting to approximately INR 1000 crore. The investment round was led by ValueQuest, an investment focused on sustainable and progressive ventures. Waaree Energies Ltd. had earlier raised a primary round of ~INR 1040 crore from a […] Read more
A Case For Green Financing For More Transmission Infrastructure Updated On Fri, Aug 4th, 2023 by Saurenergy In a provocative blog on the importance of the transmission sector and its role in the energy transition, two world bank staffers make the case for expanding the definition of green projects when it comes to transmission projects, to ensure faster adaption of these vital infrastructure to handle green energy projects. The article comes at […] Read more
Global e-Bus Market Soars As Nations Embrace Emission-Free Transportation Updated On Tue, Aug 1st, 2023 by Saurenergy A recent report on the global electric market claimed that the Greenhouse Gas (GHG) emission reduction targets pushed the international bus makers to opt for electric alternatives. The report was published by Reportlinker, a technology research and development company having expertise in artificial intelligence and machine learning. The report highlights the significant reduction in GHC […] Read more
Ready, Set, Go: India’s Solar Manufacturing Ambitions Are Flying Updated On Mon, Jul 31st, 2023 by Saurenergy For India’s solar sector and its many entrepreneurs, all signals are finally green. Or so it would seem. Be it progress on manufacturing plans, including the all important backward integration, exports, and of course, a strong domestic market for their output. Everything has come together for the many firms and entrepreneurs who will hope for […] Read more
Even As EV Sales Boom in Australia, Fuel Efficiency Standards Arrest Further Growth Updated On Mon, Jul 31st, 2023 by Saurenergy Australia is witnessing a demand-side surge for electric vehicles, yet the lack of new fuel efficiency standards is posing challenges for EV penetration. The Electric Vehicle Council’s (EVC) latest State of Electric Vehicles report highlights a significant surge in EV sales, representing 8.4 per cent of all new cars sold in Australia in the first […] Read more
First Solar Secures 2.1 GW Order from Matrix for Advanced Thin Film Modules Updated On Fri, Jul 28th, 2023 by Saurenergy First Solar, Inc. and Matrix Renewables have announced a significant collaboration in the renewable energy sector. Matrix, the TPG Rise-backed global renewable energy platform, has entered into a framework agreement to procure approximately 2.1 gigawatts (GWDC) of advanced thin film modules from First Solar. These modules are scheduled to be delivered between 2024 and 2027, […] Read more
Water-Scarce Rajasthan Poses New Challenges For Solar Pumps Updated On Thu, Jul 27th, 2023 by Saurenergy By-Parul Kulshrestha As temperatures rose in June this year, Jaman Singh Saini, a 69-year-old farmer from Badangarh village in Jhunjhunu district of Rajasthan, was irrigating his 31-acre farmland of millets, using an electric pump which came with its own challenges – erratic electricity supply, voltage fluctuation and associated costs. About 10 years ago, in 2013, […] Read more
ReNew, Gentari in Tie-Up Targeting 5 GW Clean Power Updated On Thu, Jul 27th, 2023 by Saurenergy ReNew Energy Global Plc which expanded its offerings to become full fledged decarbonisation solutions company recently, through its subsidiary ReNew Power Pvt. Ltd. (ReNew) and clean energy solutions provider Gentari, through its subsidiary Gentari Renewables India Pte. Ltd., have executed key terms to collaborate on a 50:50 joint venture in clean energy solutions. The term […] Read more
First Solar Bags 279 MW Thin Film Solar Panel Project in Alabama Updated On Wed, Jul 26th, 2023 by Saurenergy Electricity utility corporation, the Tennessee Valley Authority (TVA), has deputed a project to thin film module maker First Solar for 279 MW (dc) of thin film solar panels. The Lawrence County Solar Project will be set up in Alabama and will kickstart operations in 2027. This will be First Solar’s fourth factory in the United […] Read more
