Heliogen Raises $108 M for Deploying RE Tech for Heat, Power, Green H2 Updated On Thu, Jun 17th, 2021 by Saurenergy California-based Heliogen, a renewable energy technology company, recently announced that it has raised $108 million in two funding rounds to accelerate the global deployment of its Sunlight Refinery™, a turnkey concentrated solar energy system that aims to make carbon-free energy for high-temperature heat, power, and green hydrogen accessible and more cost-effective than fossil fuels for the […] Read more
IFC and Rockefeller Foundation to Co-finance RE Development in Africa Updated On Thu, Jun 17th, 2021 by Saurenergy The International Finance Corporation, the private sector arm of the World Bank Group, and The Rockefeller Foundation (RF) yesterday announced a new partnership to finance renewable energy development in Sub-Saharan Africa and some other regions. The joint venture aims to deploy $150 million of RF’s catalytic capital in blended finance to mobilize up to $2 […] Read more
Azure Q4 Results. Firm Expects Tariff Markdown for 4 GW Manufacturing Tender Win Updated On Thu, Jun 17th, 2021 by Saurenergy Azure Power Global Limited announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal fourth quarter 2021, period ended March 31, 2021 yesterday. The firm is listed at the New York Stock Exchange, the first power firm from India to achieve the same. Key Operating Highlights: Megawatts (“MW”) Operating* were 1,990 MWs, […] Read more
String Of Awards Recognise Solis at SNEC 2021 in China Updated On Wed, Jun 16th, 2021 by Saurenergy Global string inverter major Solis received multiple awards at the International Photovoltaic Power Generation and Smart Energy Conference & Exhibition held at the 15th SNEC (2021), which concluded on June 5 in Shanghai, China. The company said that its innovative high current and high power inverters showcased the high quality customer experience, besides economical and reliable […] Read more
MNRE to Hold Webinars for 75 Weeks to Mark 75 Years of Independence Updated On Wed, Jun 16th, 2021 by Saurenergy In a statement released yesterday, the Ministry of New and Renewable Energy (MNRE) said that it has been conducting a series of webinars on achievements in new and renewable energy since March 15, 2021. The purpose behind the webinars, which are to continue for 75 weeks since its beginning date, is the commemoration of 75 […] Read more
Impact of Global Shift of Funds Away From Fossil Fuels on India: IEEFA Updated On Tue, Jun 15th, 2021 by Saurenergy The International Energy Agency’s (IEA) Net Zero Emissions (NZE) roadmap by 2050 is compatible with the Paris goal of restricting the temperature increase to below 1.5 degree Celsius. As per the NZE roadmap, the use of unabated fossil fuels declines sharply to just over a fifth of the total energy supply. More than two-thirds of […] Read more
Potential for 600 ‘Shovel-ready’ Projects in Clean Energy, 1.5 M New Jobs- EY Report Updated On Mon, Jun 14th, 2021 by Saurenergy Multinational professional services network Ernst & Young Global Limited, in collaboration with Federation of Indian Chambers of Commerce & Industry (FICCI), has released a report entitled “Accelerating post-pandemic economic recovery with clean energy infrastructure and jobs in India”, which highlights concrete policy recommendations for balancing economic recovery and climate neutrality goals in the post COVID […] Read more
GE Renewable to Dismantle Decommissioned Wind Turbines in Germany Updated On Mon, Jun 14th, 2021 by Saurenergy California-based GE Renewable Energy and German company Neowa GmbH have signed an MoU for a multi-year agreement to dismantle decommissioned Germany-based onshore wind turbines and recycle a variety of components—including blades—during partial and full repowering, contributing to the lifecycle circularity of the wind industry. The companies will also jointly explore the potential to expand Neowa’s unique […] Read more
Solis Seminar- Solution For PID Recovery Updated On Fri, Jun 11th, 2021 by Saurenergy Potential Induced Degradation (PID) is a phenomenon which affects some PV modules with crystalline Si cells and leads to gradual deterioration of performance. The degradation can be as much as 30% or more after a few years. Some module manufacturers are already working to develop countermeasures by using new materials, but the general trend to […] Read more
