Blockchain Powered LO3 Energy Gets $11 Million For Distributed Energy Marketplace Updated On Mon, Mar 15th, 2021 by Saurenergy Portland, US based LO3 Energy has announced the first close of its $11 million Series B led by existing investor Shell Ventures. The money will go towards further development of Pando, LO3 Energys blockchain based solution that creates a marketplace for renewable energy at a community level. The latest infusion sees LO3’s total fund raising […] Read more
Waaree Supplies 2.47 MW Solar Modules to Vibgyor Energy Updated On Fri, Mar 12th, 2021 by Saurenergy Waaree Energies, India’s largest solar module manufacturer with an installed capacity of 2 GW, has announced supplying 330wp & 335wp Solar modules for a 2.47 MW project Developed by the Sunil Gadhoke led Vibgyor Energy, of Sunbeam Real Ventures Pvt Ltd. The solar project of Vibgyor Energy is located at Hardoi, Uttar Pradesh and Waaree […] Read more
Nextracker Settles Patent Lawsuit With Solar FlexRack, Wins Royalties Updated On Fri, Mar 12th, 2021 by Saurenergy Settlement Grants Royalties to Nextracker for Patents Covering its NX Horizon™ Smart Solar Tracker Design Nextracker™, a Flex company, announced today that it has settled its patent infringement lawsuit against Northern States Metals Company, which conducts its solar energy business under the name Solar FlexRack. Nextracker. The suit had been filed in June 2020, in a […] Read more
PG&E Surpasses California’s 2020 Renewable Energy Goal Updated On Wed, Mar 10th, 2021 by Saurenergy Pacific Gas and Electric Company (PG&E) exceeded California’s Renewables Portfolio Standard (RPS) goal requiring energy providers to deliver 33% renewable energy by the end of 2020. PG&E estimates that it delivered over 35% from specified eligible-renewable resources to its customers last year, according to its recent Form 10-K. Overall, more than 88% of the electricity PG&E […] Read more
Nexamp Secures $440 Million in Debt Financing for Solar and Energy Storage Portfolio Updated On Tue, Mar 9th, 2021 by Saurenergy Largest financing deal ever for community solar assets, a model that provides equitable access to clean energy Nexamp, Inc., a leading renewable energy generator and community solar provider, has closed a $440 million senior secured credit facility for a 380-megawatt portfolio of solar and energy storage assets, the largest debt financing of its kind. The diverse portfolio […] Read more
Total Wins 50 MW Solar Projects in Latest French Tender Updated On Tue, Mar 9th, 2021 by Saurenergy Fuel, natural gas, and electricity provider, Total Group has been awarded 50 megawatts (MW) of solar projects in the ninth round of the CRE 4 (French Energy Regulatory Commission) tender, through its renewable energy subsidiary in France, Total Quadran. “Total thus confirms its position as number 1 in solar development in France with close to […] Read more
Rosatom’s Storage Division Takes 49% Stake in Korean Energy Storage Firm Updated On Mon, Mar 8th, 2021 by Saurenergy RENERA LLC a part of Rosatom State Corporation, has concluded the deal to acquire a 49 percent share of Enertech International Inc, a South Korean manufacturer of electrodes, lithium-ion storage cells, and energy storage systems. RENERA manufactures energy storage systems based on lithium-ion batteries for special equipment, telecommunications systems, uninterruptible power supplies, energy storage systems, […] Read more
Israeli Solar Cleaning Firm Airtouch Raises $18 Million in IPO Updated On Mon, Mar 8th, 2021 by Saurenergy Israel-based cleaning solutions provider for solar panels, Airtouch Solar has joined the Tel Aviv Stock Exchange. It completed an Initial Public Offering (IPO). It raised USD 18 million at a company post-money valuation of USD 124 million, primarily from leading institutional investors in the Israeli capital market. The company said that the IPO was led […] Read more
Iberdrola Adds 750 MW of new Solar Projects to its Extremadura Pipeline Updated On Mon, Mar 8th, 2021 by Saurenergy Iberdrola has added 750 MW of new solar photovoltaic capacity under development in the province of Cáceres in Extremadura Spanish major Iberdrola has announced that in continuation of its green investment plan in the Extremadura region of Spain, it has added 750 MW of new solar photovoltaic capacity under development in the province of Cáceres. […] Read more
